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) the Company and (b) Class B Holders holding a majority of the Class B Units. Notwithstanding the foregoing: (a) this Agreement may not be amended or terminated and the observance of any term of this Agreement may not be waived with respect to any Class B Holder without the written consent of such Class B Holder unless such amendment, termination or waiver applies to all Class B Holders in the same fashion;

Appears in 2 contracts

Sources: Voting Agreement (ECPM Holdings, LLC), Voting Agreement (ECPM Holdings, LLC)