Common use of Amendments; Waivers; No Additional Consideration Clause in Contracts

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Members holding a majority of the Units of the Company. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member to amend or consent to a waiver or modification of any provision of any transaction document unless the same consideration is also offered to all Members who then hold Units.

Appears in 2 contracts

Samples: Unit Exchange Agreement (ComHear, Inc.), Unit Exchange Agreement (Playbutton Acquisition Corp.)

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Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the CompanyUnprescribed, Parent VCAN and the Members holding a majority of the Units of the CompanyMembership Interests. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either any Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a any Member to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members who then hold Unitsthe Shares.

Appears in 1 contract

Samples: Share Exchange Agreement (Vican Resources, Inc.)

Amendments; Waivers; No Additional Consideration. No amendment or waiver of any provision of this Agreement may will be waived or amended except effective with respect to any party unless made in a written instrument writing and signed by the Company, Parent and the Members holding a majority duly authorized representative of the Units of the Companysuch party. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party any party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Purchaser to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Purchasers who then hold Unitsthe Purchased Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (BridgeBio Pharma, Inc.)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Members holding a majority of the Units membership interest of the Company. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member to amend or consent to a waiver or modification of any provision of any transaction document unless the same consideration is also offered to all Members who then hold UnitsShares.

Appears in 1 contract

Samples: Unit Exchange Agreement (Tablemax Corp)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Members holding a majority of the Units of the CompanyShares. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a any Member to amend or consent to a waiver or modification of any provision of any transaction document unless the same consideration is also offered to all Members who then hold UnitsShares.

Appears in 1 contract

Samples: Securities Exchange Agreement (Rto Holdings Inc)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent Borrower and the Members by Lenders holding a majority at least 66β…”% of the Units principal amount of the Companythen outstanding Notes. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Lender to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Lenders who then hold UnitsNotes.

Appears in 1 contract

Samples: Bridge Loan Agreement (Thermoenergy Corp)

Amendments; Waivers; No Additional Consideration. No amendment or waiver of any provision of this Agreement may will be waived or amended except effective with respect to any party unless made in a written instrument writing and signed by the Company, Parent and the Members holding an officer or a majority duly authorized representative of the Units of the Companysuch party. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Purchaser to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Purchasers who then hold UnitsPreferred Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Carolina Bank Holdings Inc)

Amendments; Waivers; No Additional Consideration. No amendment or waiver of any provision of this Agreement may will be waived or amended except effective with respect to any party unless made in a written instrument writing and signed by the Company, Parent and the Members holding a majority duly authorized representative of the Units of the Companysuch party. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Purchaser to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Purchasers who then hold UnitsShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (F&m Bank Corp)

Amendments; Waivers; No Additional Consideration. No amendment or waiver of any provision of this Agreement may will be waived or amended except effective with respect to any party unless made in a written instrument writing and signed by the Company, Parent and the Members holding an officer or a majority duly authorized representative of the Units of the Companysuch party. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Purchaser to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Purchasers who then hold UnitsShares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bay Banks of Virginia Inc)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Members Stockholders holding (or entitled to receive hereunder) a majority of the Units of the CompanyShares. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Stockholder to amend or consent to a waiver or modification of any provision of any transaction document unless the same consideration is also offered and paid to all Members Stockholders who then hold UnitsShares (or are entitled to receive Shares hereunder).

Appears in 1 contract

Samples: Share Exchange Agreement (Intra Asia Entertainment Corp)

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Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Members Shareholders holding (or entitled to receive hereunder) a majority of the Units of the CompanyShares. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Shareholder to amend or consent to a waiver or modification of any provision of any transaction document unless the same consideration is also offered and paid to all Members Shareholders who then hold UnitsShares (or are entitled to receive Shares hereunder).

Appears in 1 contract

Samples: Share Exchange Agreement (Wentworth Ii Inc)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent Company and the Members Subscribers (or transferees of Securities) holding a majority in interest of the Units of the CompanyNotes. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Subscriber to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Subscribers who then hold UnitsNotes or Conversion Shares.

Appears in 1 contract

Samples: Subscription Agreement (American Dairy Inc)

Amendments; Waivers; No Additional Consideration. No amendment or waiver of any provision of this Agreement may will be waived or amended except effective with respect to any party unless made in a written instrument writing and signed by the Company, Parent and the Members holding a majority duly authorized representative of the Units of the Companysuch party. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Purchaser to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members Purchasers who then hold Unitsthe Shares.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Mid Illinois Bancshares Inc)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent and the Members Shareholder holding a majority of the Units of the CompanyShares. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a Member any Shareholder to amend or consent to a waiver or modification of any provision of any transaction document unless the same consideration is also offered to all Members Shareholders who then hold UnitsShares.

Appears in 1 contract

Samples: Share Exchange Agreement (New Paradigm Productions Inc)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the Company, Parent Cardinal,JHDG and the Members holding a majority of the Units of the CompanyUnits. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either any Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a any Member to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members who then hold Unitsthe Shares.

Appears in 1 contract

Samples: Share Exchange Agreement (JH Designs, Inc.)

Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written instrument signed by the CompanyCinco, Parent Stratum and the Members holding a majority of the Units of the CompanyUnits. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall any delay or omission of either any Party to exercise any right hereunder in any manner impair the exercise of any such right. No consideration shall be offered or paid to a any Member to amend or consent to a waiver or modification of any provision of any transaction document Transaction Document unless the same consideration is also offered to all Members who then hold Unitsthe Shares.

Appears in 1 contract

Samples: Share Exchange Agreement (Stratum Holdings, Inc.)

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