Common use of Authorization and Approval Clause in Contracts

Authorization and Approval. The execution, formalization and execution of this Agreement, the Intercreditor Agreement, the Pledge Agreements, the Instruments of Debt Confession and the other Operation Documents (as defined in the Intercreditor Agreement), as well as the realization of the operations considered herein and in the Operation Documents (as well as the observance of the terms established in the same documents) shall not constitute a violation, conflict or infraction or default relative to (i) the By-Laws, as applicable of Net Group Companies, (ii) the indentures, mortgage deeds, debt obligations, licenses, leasing agreements, licenses, loan agreements, other debt titles or other agreements to which the Net Group Companies are a party or to which the respective goods may be bound, except by the documents mentioned in the Third Paragraph of Clause 5 of this Agreement; or (iii) existing and applicable laws, rules, regulations, rulings, orders or decrees, issued by any government or the decision of any court, whether within Brazil and outside it, with jurisdiction over the relevant Net Group Company or over any of its respective goods or relevant assets;