Common use of Authorization; Consent Clause in Contracts

Authorization; Consent. The execution, delivery and performance by each Pledgor of this Agreement and the grant by such Pledgor of the Lien and security interest in favor of the Administrative Agent provided for herein, or the exercise by the Administrative Agent of its rights and remedies hereunder do not require any authorization, exemption, consent or approval of, notice to, or declaration or filing with, any Governmental Authority other than those obtained on or before the Closing Date (other than those, if not obtained, that could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect).