Common use of Authorization; Consent Clause in Contracts

Authorization; Consent. No authorization, consent or approval of, or declaration or filing with, any Governmental Entity (including without limitation any notice filing with state tax or revenue authorities required to be made by account creditors in order to enforce any Accounts in any jurisdiction) is required for the valid execution, delivery and performance by the Company of this security agreement, the grant by it of the Lien and security interest in favour of the Lender provided for herein, except for (i) the filings described in Section 3.2, (ii) in the case of Accounts owing from any federal Governmental Entity, the filing by the Lender of a notice of assignment in accordance with the Financial Administration Act (Canada), (iii) in the case of Equity Interests, such filings and approvals as may be required in connection with a disposition of any such Collateral by laws affecting the offering and sale of securities generally and (iv) any assignment or transfer of control of any license required in connection with the exercise of the remedies provided for herein.

Appears in 1 contract

Samples: Security Agreement (Cephalon Inc)

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Authorization; Consent. No authorization, consent or approval of, or declaration or filing with, any Governmental Entity Authority (including without limitation any notice filing with state tax or revenue authorities required to be made by account creditors in order to enforce any Accounts in any jurisdiction) is required for the valid execution, delivery and performance by the Company any Grantor of this security agreementAgreement, the grant by it of the Lien and security interest in favour favor of the Lender CoBank provided for herein, except for (iA) the filings described in Section 3.2, (iiB) in the case of Accounts owing from any federal Governmental Entitygovernmental agency or authority, the filing by the Lender CoBank of a notice of assignment in accordance with the Financial Administration Federal Assignment of Claims Act (Canada)of 1940, (iiiC) in the case of Equity Interests, such filings and approvals as may be required in connection with a disposition of any such Collateral by laws affecting the offering and sale of securities generally generally, and (ivD) any assignment or transfer of control of any license License required in connection with the exercise of the remedies provided for hereinset forth in Article VI.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nuvera Communications, Inc.)

Authorization; Consent. No authorization, consent or approval of, or declaration or filing with, any Governmental Entity Authority (including without limitation any notice filing with state tax or revenue authorities required to be made by account creditors in order to enforce any Accounts in any jurisdiction) is required for the valid execution, delivery and performance by the Company any Grantor of this security agreementAgreement, the grant by it of the Lien and security interest in favour favor of the Lender CoBank provided for herein, except for (iA) the filings described in Section 3.2, (iiB) in the case of Accounts owing from any federal Governmental Entitygovernmental agency or authority, the filing by the Lender CoBank of a notice of assignment in accordance with the Financial Administration Federal Assignment of Claims Act (Canada)of 1940, (iiiC) in the case of Equity Interests, such filings and approvals as may be required in connection with a disposition of any such Collateral by laws affecting the offering and sale of securities generally generally, and (ivD) any assignment or transfer of control of any license License required in connection with the exercise of the remedies provided for hereinset forth in Article VI.

Appears in 1 contract

Samples: Pledge and Security Agreement (New Ulm Telecom Inc)

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Authorization; Consent. No authorization, consent or approval of, or declaration or filing with, any Governmental Entity Authority (including including, without limitation limitation, any notice filing with state tax or revenue authorities required to be made by account creditors in order to enforce any Accounts in any jurisdictionsuch state) is required for the valid execution, delivery and performance by the Company any Loan Party of this security agreementAgreement, the grant by it of the Lien and security interest in favour favor of the Lender Servicer provided for herein, or the exercise by the Servicer of its rights and remedies hereunder, except for (i) the filings and actions described in Section 3.23.1, (ii) in the case of Accounts owing from any federal Governmental Entitygovernmental agency or authority, the filing by the Lender Servicer of a notice of assignment in accordance with the Financial Administration federal Assignment of Claims Act (Canada)of 1940, as amended, and (iii) in the case of Equity Interestssecurities, shares of capital stock or equity interests, such filings and approvals as may be required in connection with a disposition of any such Collateral by laws affecting the offering and sale of securities generally and (iv) any assignment or transfer of control of any license required in connection with the exercise of the remedies provided for hereingenerally.

Appears in 1 contract

Samples: Security Agreement (Dover Saddlery Inc)

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