Common use of Obtaining of Approvals Clause in Contracts

Obtaining of Approvals. 21.1 The performance of this Agreement by the Parties is contingent upon the obtaining and continuance of such governmental approvals, consents, authorizations, licenses and permits as may be required or be deemed necessary by the Parties and as may be satisfactory to them. 21.2 Each Party in its respective country shall be responsible for matters relating to the obtaining and continuance of governmental approvals, consents, authorizations, licenses and permits for the construction and utilization of the Cable System and the Parties shall use all reasonable efforts to obtain and to have continued in effect such approvals, consents, authorizations, licenses and permits for the construction and utilization of the Cable System.