Common use of No Governmental Clause in Contracts

No Governmental. Approval is required for the execution, delivery or performance by the Borrower of the Loan Documents, except for those Governmental Approvals set forth on Schedule II, each of which has been duly obtained or made and is in full force and effect and in respect of which all applicable periods of time for review, rehearing or appeal have expired. No Governmental Approval is required (i) for the performance by the Borrower of the Significant Contracts or (ii) in connection with the nature of the Borrower's business, except in each case for such as have been duly obtained or made and are in full force and effect and in respect of which all applicable periods of time for review, rehearing or appeal have expired, or, in the case of Governmental Approvals referred to in clause (ii), such as can reasonably be expected to be obtained in the ordinary course of the Borrower's business without undue burden or expense.

Appears in 2 contracts

Sources: Term Credit Agreement (Northeast Utilities System), Term Credit Agreement (Northeast Utilities System)

No Governmental. Approval is required for the execution, delivery or performance by the Borrower of the Loan Documents, except for those Governmental Approvals set forth on Schedule II, each of which has been duly obtained or made and is in full force and effect and in respect of which all applicable periods of time for review, rehearing or appeal have expired. No Governmental Approval is required (i) for the performance by the Borrower of the Significant Contracts or (ii) in connection with the nature of the Borrower's business, except in each case for such as have been duly obtained or made and are in full force and effect and in respect of which all applicable applica- ble periods of time for review, rehearing or appeal have expired, or, in the case of Governmental Approvals referred to in clause (ii), such as can reasonably be expected to be obtained in the ordinary course of the Borrower's business without undue burden or expense.

Appears in 1 contract

Sources: Term Credit Agreement (North Atlantic Energy Corp /Nh)