Common use of VARIATION AND TERMINATION Clause in Contracts

VARIATION AND TERMINATION. 24.1 All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor and by the Shareholders holding at least [90] per cent of the Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

Appears in 4 contracts

Samples: And Shareholders' Agreement, Subscription and Shareholders' Agreement, And Shareholders' Agreement

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VARIATION AND TERMINATION. 24.1 All 23.1All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor Company and by the Shareholders holding at least [90[ ] per cent of the Equity Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, [vary an express contractual right of that party under this agreement] or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

Appears in 1 contract

Samples: www.bvca.co.uk

VARIATION AND TERMINATION. 24.1 11.1. All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time time, and this agreement may be terminated at any time, with the prior written consent of the Company, Company and the Investor and by the Shareholders holding at least [90] per cent of the Shares (excluding Treasury Shares) held by the ShareholdersMajority, in which event such change or termination shall be binding against all of the parties hereto hereto, provided that if such change would impose any new obligations on a party, party or increase any existing obligationobligation in a matter which is disproportionate to the manner in which it treats other shareholders in the Company, or if any change removes or amends a shareholder's specific right, then the consent of the affected party to such change shall be specifically required.

Appears in 1 contract

Samples: madisonmomentum.com

VARIATION AND TERMINATION. 24.1 23.1. All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor Company and by the Shareholders holding at least [90[ ] per cent of the Equity Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, [vary an express contractual right of that party under this agreement] or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

Appears in 1 contract

Samples: www.bvca.co.uk

VARIATION AND TERMINATION. 24.1 28.1 All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the New Investor and by the Shareholders holding at least [90] 75% (seventy-five per cent cent.) of the Equity Shares (excluding Treasury Shares) held by the Shareholders, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, party or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

Appears in 1 contract

Samples: ATAI Life Sciences N.V.

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VARIATION AND TERMINATION. 24.1 All 19.1All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor and by the Shareholders holding at least [90] per cent holders of 75% of the Equity Shares (excluding Treasury Shares) held by the Shareholdersincluding Investor Majority Consent), in which event such change shall be binding against all of the parties hereto hereto, provided that if such change would impose any new obligations on a party, party or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

Appears in 1 contract

Samples: Subscription and Shareholders’ Agreement

VARIATION AND TERMINATION. 24.1 23.1 All and any of the provisions of this agreement may be deleted, varied, supplemented, restated or otherwise changed in any way at any time with the prior written consent of the Company, the Investor Company and by the Shareholders parties hereto holding at least [90] seventy-five per cent (75%) of all Equity Shares held by all of the Shares (excluding Treasury Shares) held by the Shareholdersparties hereto, in which event such change shall be binding against all of the parties hereto provided that if such change would impose any new obligations on a party, party or increase any existing obligation, the consent of the affected party to such change shall be specifically required.

Appears in 1 contract

Samples: lightwaverf.com

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