Authorizations, Approvals, Etc Clause Samples
The 'Authorizations, Approvals, Etc' clause establishes that all necessary permissions, consents, and approvals required for a party to enter into and perform under the agreement have been obtained. In practice, this means each party confirms it has secured any internal corporate approvals, governmental licenses, or third-party consents needed for the contract to be valid and enforceable. This clause ensures that neither party's obligations are hindered by missing authorizations, thereby reducing the risk of future disputes or contract invalidity due to lack of proper approvals.
Authorizations, Approvals, Etc. The Investor shall have received, in form and substance satisfactory to it, evidence that all (i) approvals or consents of any Governmental Authority, and (ii) approvals or consents of any other Person, required in connection with the execution with the execution, delivery and performance of the Convertible Note Documents shall have been obtained.