Common use of Pledgor’s Authority Clause in Contracts

Pledgor’s Authority. No authorization, approval or action by, and no notice or filing with any governmental authority, the Issuer or any other issuer of any Pledged Collateral or third party is required, or if required, the Pledgor has obtained such authorization and approval for: (i) the pledge made by the Pledgor or for the granting of the security interest by the Pledgor pursuant to this Pledge Agreement; or (ii) the exercise by the Secured Party of its rights and remedies hereunder.

Pledgor’s Authority. No authorization, approval or action by, and no notice or filing with any governmental authorityGovernmental Authority, the Issuer or any other issuer of any the Pledged Collateral or third party is required, or if required, the Pledgor has obtained such authorization and approval for: required either (i) for the pledge made by the Pledgor or for the granting of the security interest by the Pledgor pursuant to this Pledge Agreement; or Agreement or (ii) for the exercise by the Secured Party Administrative Agent of its and the Lenders’ rights and remedies hereunderhereunder (except as may be required by laws affecting the offering and sale of securities).

Pledgor’s Authority. No authorization, approval or action by, and no notice or filing with any governmental authority, the Issuer or any other issuer obligor of any Pledged Collateral Debt or third party is required, or if required, the Pledgor has obtained such authorization and approval for: required either (i) for the pledge made by the such Pledgor or for the granting of the security interest by the such Pledgor pursuant to this Pledge Agreement; or Agreement or (ii) for the exercise by the any Secured Party of its rights and remedies hereunder (except as may be required by laws affecting the offering and sale of securities) in respect of the Pledged Collateral pledged by such Pledgor hereunder.