Common use of No Governmental Consent or Approval Required Clause in Contracts

No Governmental Consent or Approval Required. Based in part on the representations made by the Stockholder in SECTION 4 of this Agreement and other federal or state securities law filings which have been made or which will be made in a timely manner, no authorization, consent, approval or other order of, declaration to, or filing with, any governmental agency or body is required for or in connection with the valid and lawful authorization, execution and delivery by Xxxxxxxx of this Agreement for or in connection with the valid and lawful authorization, issuance, sale and delivery of the shares of Xxxxxxxx Preferred being issued hereunder.