3. The Company is duly organized and validly existing under the laws of Thailand, and has its corporate power to do or enter into all of the above-mentioned things herein.
4. All board resolutions herein are being carried out and resolved according to the Company’s Articles of Association.
5. The Company may, from time to time, wish to vary the banking / credit facilities and that it would be appropriate for certain variations to be authorized in advance by a meeting of the Board as they may deem necessary and proper.