Common use of Authorization; Approval Clause in Contracts

Authorization; Approval. No authorization, approval, or other action by, and no notice to or filing with, any government or agency of any government or other Person is required either (A) for the assignment, pledge and grant by Borrower of the security interest granted hereby or for the execution, delivery and performance of this Agreement by Borrower; or (B) for the perfection of, the pledge, assignment and grant of the security interest created hereby or the exercise by Investor of its rights and remedies hereunder (provided, however, that the exercise by Investor of certain rights and remedies relating to certain licenses or leases of the Borrower may require the consent of the other parties to such licenses or leases), other than (X) the filing of financing statements in the appropriate office(s) located in the jurisdiction(s) listed on Schedule 11(b) and (Y) the filing of the Patent Security Agreement with the United States Patent and Trademark Office and the filing of the Copyright Security Agreement in the United States Copyright Office and any supplements or amendments thereto.

Appears in 4 contracts

Samples: Security Agreement (Dyax Corp), Loan Agreement (Dyax Corp), Security Agreement (Dyax Corp)

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Authorization; Approval. No authorization, approval, or other action by, and no notice to or filing with, any government or agency of any government or other Person is required either (A) for the assignment, pledge and grant by Borrower of the security interest granted hereby or for the execution, delivery and performance of this Agreement by Borrower; or (B) for the perfection of, the pledge, assignment and grant of the security interest created hereby or the exercise by Investor Lender of its rights and remedies hereunder (provided, however, that the exercise by Investor Lender of certain rights and remedies relating to certain licenses or leases of the Borrower may require the consent of the other parties to such licenses or leases), other than (X) the filing of financing statements in the appropriate office(s) located in the jurisdiction(s) listed on Schedule 11(b) and (Y) the filing of the Patent Security Agreement with the United States Patent and Trademark Office and the filing of the Copyright Security Agreement in the United States Copyright Office and any supplements or amendments thereto.

Appears in 1 contract

Samples: Security Agreement (Dyax Corp)

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Authorization; Approval. No authorization, approval, or other action by, and no notice to or filing with, any government or agency of any government or other Person is required either (A) for the assignment, pledge and grant by Borrower Company of the security interest granted hereby or for the execution, delivery and performance of this Agreement by BorrowerCompany; or (B) for the perfection of, the pledge, assignment and grant of the security interest created hereby or the exercise by Investor Xxxx of its rights and remedies hereunder (provided, however, that the exercise by Investor Xxxx of certain rights and remedies relating to certain licenses or leases of the Borrower Company may require the consent of the other parties to such licenses or leases), other than (X) the filing of financing statements in the appropriate office(s) located in the jurisdiction(s) listed on Schedule 11(b) and (Y) the filing of the Patent Security Agreement and the Trademark Security Agreement with the United States Patent and Trademark Office and the filing of the Copyright Security Agreement in the United States Copyright Office and any supplements or amendments thereto.

Appears in 1 contract

Samples: Security Agreement (Dyax Corp)

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