Common use of Statutory Approvals Clause in Contracts

Statutory Approvals. Except as described in Section 4.4(c) of the Company Disclosure Schedule, no declaration, filing or registration with, or notice to or authorization, consent or approval of, any court, federal, state, local or foreign governmental or regulatory body (including a stock exchange or other self-regulatory body) or authority (each, a "Governmental Authority") is necessary for the execution and delivery of this Agreement by the Company or the consummation by the Company of the transactions contemplated hereby, the failure to obtain, make or give which would have, in the aggregate, a Company Material Adverse Effect (the "Company Required Statutory Approvals"), it being understood that references in this Agreement to "obtaining" such Company Required Statutory Approvals shall mean making such declarations, filings or registrations, giving such notices, obtaining such authorizations, consents or approvals and having such waiting periods expire as are necessary to avoid a violation of law.

Statutory Approvals. Except as described in Section 4.4(c) of the Company Disclosure Schedule, no No declaration, filing or registration with, or notice to or authorization, consent or approval of, any court, federal, state, local or foreign governmental or regulatory body (including a stock exchange or other self-regulatory body) or authority (each, a "Governmental Authority") Authority is necessary for the execution and delivery of this Agreement by the Company Purchaser or the consummation by the Company Purchaser of the transactions contemplated hereby, except for those required under or in relation to the rules and regulations of the CDNX and such other consents, approvals, order, authorizations, registrations, declarations and filings, the failure to obtain, make or give which would reasonably be expected to have, in the aggregate, a Company Purchaser Material Adverse Effect (the "Company Purchaser Required Statutory Approvals"), it being understood that references in this Agreement to "obtaining" such Company Purchaser Required Statutory Approvals shall mean making such declarations, filings or registrations, ; giving such notices, notice; obtaining such authorizations, consents or approvals approvals; and having such waiting periods expire as are necessary to avoid a violation of law.