Governmental and Like Consents Clause Samples
The "Governmental and Like Consents" clause requires that all necessary approvals, permits, or consents from government authorities or similar regulatory bodies be obtained before certain actions under the agreement can proceed. In practice, this means that parties must secure any licenses, registrations, or permissions required by law for the transaction or activity covered by the contract, such as zoning approvals for real estate or import/export licenses for goods. This clause ensures legal compliance and prevents delays or invalidation of the agreement due to missing regulatory approvals, thereby reducing the risk of legal complications for both parties.
Governmental and Like Consents. No consent, approval or authorization of or designation, declaration or filing with any governmental authority on the part of Company is required in connection with the valid execution and delivery of this Agreement, the offer, sale or issuance of the Shares or the consummation of any other transaction contemplated hereby, except such filings as may be required to be made with the SEC, the Over-the-Counter Bulletin Board or under applicable state securities laws.
Governmental and Like Consents. No consent, approval or authorization of or designation, declaration or filing with any governmental authority on the part of the Company is required in connection with the valid execution and delivery of the Transaction Agreements, the offer, sale or issuance of the Shares or the consummation of any other transaction contemplated by the Transaction Agreements, except with respect to the Company’s credit agreement with Bank of Oklahoma (which such consent shall be obtained on or before the Closing Date), such filings as may be required to be made with the SEC, the Over-the-Counter Bulletin Board or under applicable state securities laws.
Governmental and Like Consents. No consent, approval or authorization of or designation, declaration or filing with any governmental authority on the part of the Company is required in connection with the valid execution and delivery of this Agreement, or the offer, sale or issuance of the Shares or the shares issuable under the Warrant, or the consummation of any other transaction contemplated hereby, except such filings as may be required to be made with the SEC, the National Association of Securities Dealers, Inc. or under applicable state securities laws and the HSR Act.