Common use of Approvals; Consents Clause in Contracts

Approvals; Consents. All consents, permits, approvals, licenses or orders from any governmental or regulatory body or other third party required to be obtained by Sellers for the consummation of the transactions contemplated by this Agreement shall have been obtained except where failure to obtain such consents, permits, approvals, licenses or orders would not have a material adverse effect (whether or not such effect is referred to or described in any Schedule) on the business, prospects, financial conditions, assets, reserves or operations of the Company taken as a whole.

Approvals; Consents. All consents, permits, approvals, licenses or orders from any governmental or regulatory body or other third party required to be obtained by Sellers Shareholder for the lawful consummation of the transactions contemplated by this Agreement shall have been obtained except where failure to obtain such consents, permits, approvals, licenses or orders would not have a material adverse effect (whether or not such effect is referred to or described in any Schedule) on the business, prospects, financial conditions, assets, reserves or operations of the Company taken as a whole.