Common use of No Consent or Approval Clause in Contracts

No Consent or Approval. Neither the execution and delivery by the Shareholders, nor the consummation by the Shareholders of the transactions contemplated by this Agreement, requires the consent or approval of, or the giving of advance notice by any of the Shareholders to, or the registration by any Shareholder with, or the taking of any other action by any Shareholder in respect of, any federal, state or local governmental authority, and the execution, delivery and performance of this Agreement by the Shareholders will not result in the creation of any Encumbrance upon any of the shares of Company Common Stock owned by any Shareholder.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (La Man Corporation), Agreement and Plan of Merger and Reorganization (Papais Lou A), Agreement and Plan of Merger and Reorganization (Display Technologies Inc)

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