Common use of Consent Required to Amend, Terminate or Waive Clause in Contracts

Consent Required to Amend, Terminate or Waive. This Agreement may be amended or terminated and the observance of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a written instrument executed by (a) each of the Seller Parties; and (b) Golden Matrix, only in the event that the Golden Matrix Independent Directors have, by majority approval of such Golden Matrix Independent Directors, approved such amendment or waiver on behalf of Golden Matrix.

Appears in 3 contracts

Sources: Nominating and Voting Agreement (Golden Matrix Group, Inc.), Nominating and Voting Agreement (Golden Matrix Group, Inc.), Sale and Purchase Agreement of Share Capital (Golden Matrix Group, Inc.)