Common use of Authorization of Governmental Authorities Clause in Contracts

Authorization of Governmental Authorities. Except as disclosed on Section 5.03 of the Buyer Disclosure Schedules, no action by (including any authorization, consent or approval), or in respect of, or filing with, any Governmental Authority is required for, or in connection with, the valid and lawful (a) authorization, execution, delivery and performance by Buyer or KCAP of this Agreement and each Ancillary Agreement to which it is a party or (b) consummation of the Contemplated Transactions by Buyer and KCAP.

Authorization of Governmental Authorities. Except as disclosed on in Section 5.03 of the Buyer Disclosure Schedules, no action by (including any authorization, consent or approval), or in respect of, or filing with, any Governmental Authority is required for, or in connection with, the valid and lawful (a) authorization, execution, delivery and performance by Buyer or KCAP and Guarantor of this Agreement and each Ancillary Agreement to which it is is, or will be at Closing, a party or (b) consummation of the Contemplated Transactions by Buyer and KCAPBuyer.

Authorization of Governmental Authorities. Except as disclosed on in Section 5.03 4.03 of the Buyer Sellers’ Disclosure Schedules, no action by (including any authorization, consent or approval), or in respect of, or filing with, any Governmental Authority is required for, or in connection with, the valid and lawful (a) authorization, execution, delivery and performance by Buyer or KCAP such Seller of this Agreement and each Ancillary Agreement to which it is such Seller is, or will be at Closing, a party or (b) consummation of the Contemplated Transactions by Buyer and KCAPsuch Seller.