Foreign Authority Sample Clauses
The Foreign Authority clause defines the rights and obligations of the parties when dealing with governmental or regulatory bodies outside their home jurisdiction. Typically, this clause outlines procedures for obtaining necessary permits, licenses, or approvals from foreign authorities, and may specify which party is responsible for compliance with local laws and regulations. Its core function is to allocate responsibility and ensure that all required legal steps are taken to facilitate lawful operations in foreign countries, thereby reducing the risk of legal complications or delays.
Foreign Authority. Execution, delivery and performance of this Agreement by the Company, and consummation of the transactions contemplated hereby, will not require any consent, approval, authorization, or permit from, or any filing with or notification to, any governmental or regulatory authority outside the United States.
Foreign Authority. Except as set forth on Schedule 3.17.2 delivered hereunder, execution, delivery and performance of this Agreement by and consummation of the transactions contemplated hereby will not require any consent, approval, authorization, or permit from, or any filing with or notification to, any governmental or regulatory authority outside the United States.