Common use of Effect of Amendment or Waiver Clause in Contracts

Effect of Amendment or Waiver. Each Shareholder and its successors and assigns acknowledge that by the operation of Section 5.7 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Stockholders and its their successors and assigns acknowledge that by the operation of Section 5.7 hereof 2.7 of this Agreement the holders. 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 Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Shareholders and its their successors and assigns acknowledge that by the operation of Section 5.7 15 hereof the holders. 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 Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Investors and its their successors and assigns acknowledge that by the operation of Section 5.7 hereof the holders. 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 pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Holder and its successors and ----------------------------- assigns acknowledge that by the operation of Section 5.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder and its successors and assigns acknowledge that by the operation of Section 5.7 2.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement, provided that any consent, waiver, modification or amendment shall apply equally to all Holders.

Effect of Amendment or Waiver. Each Shareholder Investors and its their respective successors and assigns acknowledge that by the operation of Section 5.7 5.8 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Investors and its their respective successors and assigns acknowledge that by the operation of Section 5.7 4.7 hereof the holders. holders of a majority of the outstanding Registrable SecuritiesSecurities then outstanding, acting in conjunction with the Company, will have the right and power to diminish or eliminate all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder and its successors and assigns acknowledge acknowledges that by the operation of Section 5.7 15.4 hereof (but subject to the holders. final proviso thereof) the Qualified Holders of a majority of the outstanding shares of Registrable Securities, acting in conjunction with the Company, Securities will have the right and power to diminish or eliminate all rights pursuant to of such Shareholders under this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Investor and its each such Investor’s respective successors and assigns acknowledge that by the operation of of, and subject to, Section 5.7 hereof hereof, the holders. holders of a majority at least seventy-five percent (75%) of the then outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Investors and its their successors and assigns acknowledge that by the operation of Section 5.7 hereof (but subject to the holders. limitations therein) the Holders of a majority the requisite percentage 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 pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Holders and its their respective successors and assigns acknowledge that by the operation of Section 5.7 4.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Investors and its the Founder ----------------------------- and their respective successors and assigns acknowledge that by the operation of Section 5.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Holder and its successors and assigns acknowledge that by the operation of Section Sections 2 and 5.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder and its successors and assigns acknowledge that by the operation of Section 5.7 hereof the holders. , of a majority of the outstanding Registrable Securities, acting in conjunction conjuction with the Company, will have the right and power to diminish or eliminate all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Investors and its their successors and assigns acknowledge that by the operation of Section 5.7 18 hereof the holders. 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 Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Investor and its successors and ----------------------------- assigns acknowledge that by the operation of Section 5.7 4.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Investors and its their successors and ----------------------------- assigns acknowledge that by the operation of Section 5.7 hereof 4.7 of this Agreement the holders. 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 Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Investors and its their respective successors and assigns acknowledge that by the operation of Section 5.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder The Investors and its Founders and ----------------------------- their respective successors and assigns acknowledge that by the operation of Section 5.7 hereof the holders. holders of a majority of the outstanding Registrable Securities, Securities and the holders of a majority of the oustanding Series C shares acting in conjunction with the Company, will have the right and power to diminish or eliminate all rights pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. Each Shareholder Investors and its their respective successors and assigns acknowledge that by the operation of Section 5.7 4.7 hereof the holders. 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 all rights pursuant to this Restated Rights Agreement.