Common use of Effect of Amendment or Waiver Clause in Contracts

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 5 contracts

Sources: Rights Agreement (Skystream Networks Inc), Rights Agreement (Interactive Pictures Corp), Rights Agreement (Interactive Pictures Corp)

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 SECTION 9.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Good Guys Inc), Registration Rights Agreement (Good Guys Inc), Registration Rights Agreement (Unifab International Inc)

Effect of Amendment or Waiver. The Purchasers Investors and their successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 3 contracts

Sources: Rights Agreement (Netro Corp), Rights Agreement (PDF Solutions Inc), Rights Agreement (Netro Corp)

Effect of Amendment or Waiver. The Purchasers Each Investor and their its successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement 4.5 hereof the Company and the holders of a majority of the outstanding Registrable Securities, acting in conjunction with Securities held by the Company, parties specified will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 3 contracts

Sources: Investors' Rights Agreement (Varsitybooks Com Inc), Investors' Rights Agreement (Varsitybooks Com Inc), Investors' Rights Agreement (Varsitybooks Com Inc)

Effect of Amendment or Waiver. The Purchasers and their successors ----------------------------- and assigns acknowledge that by the operation of Section 3.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 2 contracts

Sources: Rights Agreement (Netcentives Inc), Registration Rights Agreement (Artisan Components Inc)

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 3.10 of this Agreement the holders Holders of a majority at least two-thirds of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Shareholder Rights Agreement (3PAR Inc.)

Effect of Amendment or Waiver. The Purchasers Purchaser and their its successors and assigns acknowledge that by the operation of Section 3.7 4.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Registration and Information Rights Agreement (Avistar Communications Corp)

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 of this the Restated Rights Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this AgreementAddendum.

Appears in 1 contract

Sources: Rights Agreement (Netratings Inc)

Effect of Amendment or Waiver. The Purchasers Holders and their successors and ----------------------------- assigns acknowledge that by the operation of Section 3.7 3.8 of this Agreement the holders of a majority 66 2/3% of the outstanding Registrable SecuritiesSecurities and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Rights Agreement (Northpoint Communications Group Inc)

Effect of Amendment or Waiver. The Purchasers Each Holder and their its successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement 2 hereof the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Investors' Rights Agreement (Vixel Corp)

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 SECTION 9.7 of this Agreement Agreement, but subject to the holders limitations therein, the Holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Unifab International Inc)

Effect of Amendment or Waiver. The Purchasers Holders and their successors and assigns acknowledge that by the operation of Section 3.7 2.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Master Agreement (Sonoma Systems)

Effect of Amendment or Waiver. The Purchasers Each purchaser and their its successors and assigns acknowledge that by the operation of Section 3.7 Subsection 5.7 the Holders of this Agreement the holders of a majority two-thirds of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Common Stock Registration Rights Agreement (Concord Communications Inc)

Effect of Amendment or Waiver. The Purchasers and their successors and ----------------------------- assigns acknowledge that by the operation of Section 3.7 2.3 of this Agreement and the holders of a majority of the outstanding Registrable SecuritiesPreferred Shares and the holders of a majority of the outstanding shares held by the Founders, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Sources: Registration Rights Agreement (Synplicity Inc)