Common use of No Consents and Approvals Clause in Contracts

No Consents and Approvals. None of the execution, delivery or performance by Seller of this Purchase Agreement, the B▇▇▇ of Sale or any other document or instrument required to be executed and delivered by Seller in connection therewith, nor the execution, delivery or performance by PTEC of the certificates of title for each Trailer, nor the consummation by Seller or PTEC of any of the transactions contemplated hereby or thereby, requires (i) the consent, license, approval or authorization of, the giving of notice to, the registration, recording or filing of any documents with, or the taking of any other action in respect of, any Governmental Authority, or (ii) stockholder approval or the approval or consent of any trustee, holders of any indebtedness of Seller, PTEC or any other Person, except such as have been obtained or effected on or prior to the effective date hereof or, if so permitted, the Closing Date, and which shall remain in full force and effect on the Closing Date and copies of which shall have been delivered to Purchaser.

No Consents and Approvals. None of the execution, delivery or performance by Seller of this Purchase Agreement, the B▇▇▇▇ of Sale or any other document or instrument required to be executed and delivered by Seller in connection therewith, nor the execution, delivery or performance by PTEC of the certificates of title for each Trailer, nor the consummation by Seller or PTEC of any of the transactions contemplated hereby or thereby, requires (i) the consent, license, approval or authorization of, the giving of notice to, the registration, recording or filing of any documents with, or the taking of any other action in respect of, any Governmental Authority, or (ii) stockholder approval or the approval or consent of any trustee, holders of any indebtedness of Seller, PTEC or any other Person, except such as have been obtained or effected on or prior to the effective date hereof or, if so permitted, the Closing Date, and which shall remain in full force and effect on the Closing Date and copies of which shall have been delivered to Purchaser.