Common use of Effect of Amendment or Waiver Clause in Contracts

Effect of Amendment or Waiver. The Investors and their successors and assigns acknowledge that by the operation of Section 4.10 hereof Investors holding less than all of the Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights of the Investors pursuant to this Agreement.

Appears in 2 contracts

Samples: Investor Rights Agreement (Tetralogic Pharmaceuticals Corp), Investor Rights Agreement (Tetralogic Pharmaceuticals Corp)

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Effect of Amendment or Waiver. The Investors and their respective successors and assigns acknowledge that by the operation of Section 4.10 4.7 hereof Investors holding less than all the holders of a majority of the Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights of the Investors pursuant to this Agreement.

Appears in 1 contract

Samples: Rights Agreement (International Sports Wagering Inc)

Effect of Amendment or Waiver. The Investors and their successors and assigns acknowledge that by the operation of Section 4.10 18 hereof Investors holding less than all 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 of the Investors or increase any or all obligations pursuant to this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Safeguard Scientifics Inc Et Al)

Effect of Amendment or Waiver. The Investors and their successors and assigns acknowledge that by the operation of Section 4.10 5.7 hereof Investors holding less than all (but subject to the limitations therein) the Holders of 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 of the Investors pursuant to this Agreement.

Appears in 1 contract

Samples: License Agreement (Data Transmission Network Corp)

Effect of Amendment or Waiver. The Investors and their successors and assigns acknowledge that by the operation of Section 4.10 hereof Investors holding less than all at least 60% 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 of the Investors pursuant to this Agreement.

Appears in 1 contract

Samples: Investor Rights Agreement (Intermolecular Inc)

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Effect of Amendment or Waiver. The Investors and their successors and assigns acknowledge that by the operation of Section 4.10 hereof Investors holding less than all at least seventy percent (70%) 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 of the Investors pursuant to this Agreement.

Appears in 1 contract

Samples: Investor Rights Agreement (Intersect ENT, Inc.)

Effect of Amendment or Waiver. The Investors and their respective successors and assigns acknowledge that by the operation of Section 4.10 4.7 hereof Investors holding less than all the holders of a majority of the Registrable SecuritiesSecurities then outstanding, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights of the Investors pursuant to this Agreement.

Appears in 1 contract

Samples: Rights Agreement (Alliance Fiber Optic Products Inc)

Effect of Amendment or Waiver. The Investors and their respective ----------------------------- successors and assigns acknowledge that by the operation of Section 4.10 4.7 hereof Investors holding less than all certain holders 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 of the Investors pursuant to this Agreement.

Appears in 1 contract

Samples: Rights Agreement (Wavesplitter Technologies Inc)

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