Authorization of Filings. Each Shareholder (or any permitted assignee thereof) hereby agrees that the Trust, the Sponsor and the Trustee are authorized to (i) prepare and file registration statements with the SEC and take such action as is necessary from time to time to qualify the Shares for offering and sale under the federal securities laws of the United States, (ii) prepare and file any current or periodic reports that may be required under the Exchange Act, and (iii) execute, deliver and perform the agreements, acts, transactions and matters contemplated hereby or described in, or contemplated by, any such registration statements or such reports on behalf of the Trust without any further act, approval or vote of the Shareholders, notwithstanding any other provision of this Trust Agreement, the Delaware Trust Statute or any applicable law, rule or regulation.
Authorization of Filings. Following the fulfillment of the condition set forth in Section 2 and immediately prior to the consummation of the Offering, the officers of the Surviving Corporation are each hereby authorized and directed to (i) cause to be executed, acknowledged, filed and recorded the certificate of merger with the Secretary of State of the State of Delaware and any document or documents prescribed by the DGCL, (ii) cause to be executed, acknowledged, filed and recorded the articles of merger with the Secretary of State of the State of Texas and any document or documents prescribed by the Act, and (iii) to cause to be performed all necessary acts therein and elsewhere required or necessary, to effectuate the Merger.
