Common use of Required Authorizations Clause in Contracts

Required Authorizations. There is no requirement to make any filing with, give any notice to, or obtain any Authorization of, any Governmental Entity as a condition to the lawful completion of the transactions contemplated by this Agreement by the Parent, except in respect of the receipt of the approval of the Toronto Stock Exchange with respect to the issuance of the Consideration Shares, and where the failure to obtain such consent, approval or waiver would not materially affect the Purchaser’s ability to consummate the transactions contemplated by this Agreement and the Ancillary Agreements.

Required Authorizations. There is no requirement to make any filing with, give any notice to, or obtain any Authorization of, any Governmental Entity as a condition to the lawful completion of the transactions contemplated by this Agreement by the ParentPurchaser, except in respect of the receipt of the approval of the Toronto Stock Exchange with respect to the issuance of the Consideration Shares, and where the failure to obtain such consent, approval or waiver would not materially affect the Purchaser’s ability to consummate the transactions contemplated by this Agreement and the Ancillary Agreements.