Common use of Approval of Governmental Authorities Clause in Contracts

Approval of Governmental Authorities. Notwithstanding anything to the contrary contained in this Pledge Agreement, Secured Party will not take any action pursuant to this Pledge Agreement or any of the documents executed pursuant hereto which would constitute an assignment of an Authorization or any transfer of control of an Authorization if such assignment of license or transfer of control would require under then-existing Law (including the written rules and regulations promulgated by any Governmental Authority) the prior approval of the Governmental Authority issuing such Authorization, without first obtaining such approval. Debtor agrees to take, or cause to be taken, any action which Secured Party may reasonably request in order to obtain and enjoy the full Rights and benefits granted to Secured Party by this Pledge Agreement and any other instruments or agreements executed pursuant hereto, including, without limitation, at Debtor's cost and expense, the exercise of its best efforts to cooperate in obtaining Governmental Authority approval of any action or transaction contemplated by this Pledge Agreement or any other instrument or agreement executed pursuant hereto which is then required by Law.

Approval of Governmental Authorities. Notwithstanding anything to the contrary contained in this Pledge Agreement, Secured Party will not take any action pursuant to this Pledge Agreement or any of the documents executed pursuant hereto which would constitute an assignment of an Authorization or any transfer of control of an Authorization if such assignment of license or transfer of control would require under then-existing Law (including the written rules and regulations promulgated by any Governmental Authority) the prior approval of the Governmental Authority issuing such Authorization, without first obtaining such approval. [Each] Debtor agrees to take, or cause to be taken, any action which Secured Party may reasonably request in order to obtain and enjoy the full Rights and benefits granted to Secured Party by this Pledge Agreement and any other instruments or agreements executed pursuant hereto, including, without limitation, at [such] Debtor's cost and expense, the exercise of its best efforts to cooperate in obtaining Governmental Authority approval of any action or transaction contemplated by this Pledge Agreement or any other instrument or agreement executed pursuant hereto which is then required by Law.

Approval of Governmental Authorities. Notwithstanding anything to the contrary contained in this Pledge Agreement, Secured Party will not take any action pursuant to this Pledge Agreement or any of the documents executed pursuant hereto which would constitute an assignment of an Authorization or any transfer of control of an any Authorization if such assignment of license or transfer of control would require under then-existing Law (including the written rules and regulations promulgated by any Governmental Authority) the prior approval of the Governmental Authority issuing such Authorization, without first obtaining such approval. Debtor agrees to take, or cause to be taken, any action which Secured Party may reasonably request in order to obtain and enjoy the full Rights and benefits granted to Secured Party by this Pledge Agreement and any other instruments or agreements executed pursuant hereto, including, without limitation, at Debtor's cost and expense, the exercise of its best efforts to cooperate in obtaining Governmental Authority approval of any action or transaction contemplated by this Pledge Agreement or any other instrument or agreement executed pursuant hereto which is then required by Law.