Common use of Authority to Execute and Perform Agreements Clause in Contracts

Authority to Execute and Perform Agreements. RAMX has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully its obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of RAMX enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consumption of the transactions contemplated hereby and the performance by RAMX of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the Shareholders of RAMX or the approval or consent of any other person; (ii) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgement or decree applicable to RAMX or any instrument, contract or other agreement to which RAMX is a party or by or to which RAMX is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of RAMX.

Authority to Execute and Perform Agreements. RAMX NETD has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully its their obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of RAMX NETD, enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consumption consummation of the transactions contemplated hereby and the performance by RAMX NETD of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the Shareholders Stockholders of RAMX NETD, or the approval or consent of any other person; (ii) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgement judgment or decree applicable to RAMX NETD, or any instrument, contract or other agreement to which RAMX NETD is a party or by or to which RAMX NETD is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of RAMXNETD.

Authority to Execute and Perform Agreements. RAMX SAC has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully its obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of RAMX SAC enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consumption consummation of the transactions contemplated hereby and the performance by RAMX SAC of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the Shareholders shareholders of RAMX SAC, or the approval or consent of any other person; (ii) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgement judgment or decree applicable to RAMX SAC, or any instrument, contract or other agreement to which RAMX SAC is a party or by or to which RAMX SAC is bound or subject; or (iii) result in the creation of any lien or other encumbrance encumbrances on the assets or properties of RAMXSAC.