Common use of Regulatory and Other Authorizations Clause in Contracts

Regulatory and Other Authorizations. Each of the parties hereto will use its commercially reasonable efforts to obtain the authorizations, consents, orders and approvals of governmental authorities that may be or become necessary for the performance of his, her or its obligations pursuant to this Agreement and the consummation of the transactions contemplated hereby and will cooperate fully with each other in promptly seeking to obtain such authorizations, consents, orders and approvals as may be necessary for the performance of their respective obligations pursuant to this Agreement. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the receipt of any required approvals and will use reasonable efforts to secure such approvals as promptly as possible.