Common use of Necessary Authorization and Approval Clause in Contracts

Necessary Authorization and Approval. C & D has full power and authority to execute and deliver this Amendment and to consummate the transactions contemplated hereby. This Amendment has been duly executed and delivered by C & D and constitutes the legal, valid and binding obligation of C & D enforceable in accordance with its terms. Other than required trust action and filings, neither the execution, delivery or performance of this Amendment nor the consummation of the transactions contemplated hereby is prohibited by, or requires C & D to obtain any consent, authorization, approval or registration under, any law, rule or regulation, other than as contemplated hereby, or any judgment, order, writ, injunction or decree, which is binding on C & D or the terms of any contract to which C & D or any of its Affiliates is a party.