Common use of No Further Action Clause in Contracts

No Further Action. Neither the execution and delivery by each Opinion Party of the Equity Documents to which it is a party, nor the performance by such Opinion Party of its obligations thereunder, requires any consents, approvals or authorizations to be obtained by such Opinion Party from, or any registrations, declarations or filings to be made by such Opinion Party with, any federal, New York or Delaware Governmental Authority under (a) any federal law of the United States of America, or any rule or regulation thereunder, (b) any law of the State of New York, or any rule or regulation thereunder, (c) the DGCL, or (d) the DLLCA, in each case as applicable to such Opinion Party.

Appears in 4 contracts

Samples: Participation Agreement (BrightSource Energy Inc), Equity Participation Agreement (BrightSource Energy Inc), Participation Agreement (BrightSource Energy Inc)

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No Further Action. Neither the execution and delivery by each Opinion Party of the Equity Documents to which it is a party, nor the performance by such Opinion Party of its obligations thereunder, requires any consents, approvals or authorizations to be obtained by such Opinion Party from, or any registrations, declarations or filings to be made by such Opinion Party with, any federal, New York or Delaware Governmental Authority under (a) any federal April [ ], 2011 law of the United States of America, or any rule or regulation thereunder, (b) any law of the State of New York, or any rule or regulation thereunder, (c) the DGCL, or (d) the DLLCA, in each case as applicable to such Opinion Party.

Appears in 2 contracts

Samples: Equity Participation Agreement (BrightSource Energy Inc), Equity Participation Agreement (BrightSource Energy Inc)

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