Common use of Authorization and Approvals Clause in Contracts

Authorization and Approvals. No authorization, approval, consent, exemption, or other action by, or notice to or filing with, any Governmental Authority or any other Person is necessary or required on the part of any Loan Party in connection with the execution, delivery and performance by, or enforcement against, any Loan Party of this Agreement and the other Loan Documents to which it is a party or the consummation of the Transactions or the transactions contemplated hereby or thereby, except (a) actions by, and notices to or filings with, Governmental Authorities (including, without limitation, the SEC) that may be required in the ordinary course of business from time to time or that may be required to comply with the express requirements of the Loan Documents (including, without limitation, to release existing Liens on the Collateral or to comply with requirements to perfect, and/or maintain the perfection of, Liens created for the benefit of the Secured Parties), (b) authorizations, approvals, consents, exemptions, notices or other filings that have been obtained or made and are in full force and effect, or (c) customary filings with respect to the exercise of remedies by the Secured Parties.

Authorization and Approvals. No material authorization, approval, consent, exemption, or other action by, or notice to or filing with, any Governmental Authority or any other Person is necessary or required on the part of any Loan Party the Borrower in connection with the execution, delivery and performance by, or enforcement against, the Borrower of any Loan Party of this Agreement and the other Loan Documents to which it is a party Document or the consummation of the Transactions transactions contemplated thereby, including the grant by the Borrower of the Liens in the Collateral, the perfection of such Liens or the transactions contemplated hereby exercise by any Agent or therebyany Lender of its rights and remedies with respect thereto, except (a) actions by, and notices to or filings with, Governmental Authorities (including, without limitation, the SEC) that may be required in the ordinary course of business from time to time time, (b) those that will have been made or obtained and that will be in full force and effect on the Funding Date (or after the Funding Date in accordance with Section 5.18), and (c) those that may be required to comply with the express requirements of the Loan Documents from time to time (including, without limitation, including to release existing Liens on the Collateral or to comply with requirements to perfect, and/or maintain the perfection of, Liens created for the benefit of the Secured Parties), (b) authorizations, approvals, consents, exemptions, notices or other filings that have been obtained or made and are in full force and effect, or (c) customary filings with respect to the exercise of remedies by the Secured Parties.