Common use of No Authorization Clause in Contracts

No Authorization. No authorization, approval or consent of any court or governmental authority or agency is necessary in connection with the offering, issuance or sale of the Securities, other than as required under Gaming Laws and which have been obtained, except to the extent disclosed in each of the Pricing Disclosure Package and the Prospectus with respect to the placement of restrictions on the transfer of and the entering into agreements not to encumber the Company’s interests in certain Company Subsidiaries licensed or registered under the Nevada Gaming Laws, and except such as may be required under the 1933 Act or the 1933 Act Regulations or state securities laws.

Appears in 3 contracts

Sources: Underwriting Agreement (MGM Resorts International), Underwriting Agreement (MGM Mirage), Underwriting Agreement (Tracinda Corp)