Common use of No Required Consent Clause in Contracts

No Required Consent. No authorization, consent, approval or other action by, and no notice to or filing with, any Person is required for (a) the due execution, delivery and performance by Pledgor of this Security Agreement, (b) the grant by Pledgor of the security interest granted by this Security Agreement, (c) the perfection of such security interest or (d) the exercise by Secured Party of its rights and remedies under this Security Agreement, including the transfer of the Collateral upon foreclosure.

No Required Consent. No authorization, consent, approval or other action by, and no notice to or filing with, any Person (other than the filing of any financing statements required to be filed under the Code) is required for (a) the due execution, delivery and performance by Pledgor of this Security Agreement, (b) the grant by Pledgor of the security interest granted by this Security Agreement, (c) the perfection of such security interest or (d) the exercise by Secured Party of its rights and remedies under this Security Agreement, including the transfer of the Collateral upon foreclosure.