Common use of Multiple Holders Clause in Contracts

Multiple Holders. In the event that there shall be multiple Holders, each Holder agrees that (a) no other Holder will by virtue of this Warrant or exercise thereof be under any fiduciary or other duty to give or withhold any consent or approval under this Warrant or to take any other action or omit to take any action under this Warrant and (b) each other Holder may act or refrain from acting under this Warrant as such other Holder may, in its discretion, elect.

Appears in 8 contracts

Sources: Master Note Purchase Agreement (Acuitas Group Holdings, LLC), Purchase Warrant for Common Shares (Ontrak, Inc.), Purchase Warrant (Acuitas Group Holdings, LLC)

Multiple Holders. In the event that there shall be multiple Holders, each Holder agrees that (ai) no other Holder will by virtue of this Warrant Agreement or exercise thereof by such Holder’s ownership of Shares be under any fiduciary or other duty to give or withhold any consent or approval under this Warrant or to take any other action or omit to take any action under this Warrant Agreement and (bii) each other Holder may act or refrain from acting under this Warrant Agreement as such other Holder may, in its discretion, elect.

Appears in 3 contracts

Sources: Registration Rights Agreement (Attis Industries Inc.), Securities Purchase Agreement (Attis Industries Inc.), Registration Rights Agreement (Meridian Waste Solutions, Inc.)

Multiple Holders. In the event that there shall be multiple Holders, each Holder agrees that (a) no other Holder will by virtue of this Warrant or exercise thereof be under any fiduciary or other duty to give or withhold any consent or approval under this Warrant or to take any other action or omit to take any action under this Warrant and (b) each other Holder may act or refrain from acting under this Warrant as such other Holder may, in its discretion, elect.

Appears in 2 contracts

Sources: Purchase Warrant for Common Shares (Ontrak, Inc.), Purchase Warrant for Common Shares (Catasys, Inc.)

Multiple Holders. In the event that there shall be multiple Holders, each Holder agrees that (ai) no other Holder will by virtue of this Warrant or exercise thereof be under any fiduciary or other duty to give or withhold any consent or approval under this Warrant or to take any other action or omit to take any action under this Warrant and (bii) each other Holder may act or refrain from acting under this Warrant as such other Holder may, in its discretion, elect.

Appears in 2 contracts

Sources: Purchase Warrant for Common Stock (Kaltura Inc), Purchase Warrant for Common Shares (Meridian Waste Solutions, Inc.)