Common use of Waiver of Rights of First Refusal Clause in Contracts

Waiver of Rights of First Refusal. The Shareholders shall have delivered to Buyer evidence satisfactory to Buyer in its sole discretion that any right of first refusal in favor of the Shareholders and/or any of the Company in connection with the sale of the Company's stock, whether pursuant to the Company's Articles of Incorporation or otherwise, have been waived by the Shareholders and/or the Company, as the case may be.

Waiver of Rights of First Refusal. The Shareholders shall have delivered to Buyer evidence satisfactory to Buyer in its sole discretion that any right of first refusal in favor of the Shareholders and/or any of the Company Companies in connection with the sale of the such Company's stock, whether pursuant to the such Company's Articles of Incorporation or otherwise, have been waived by the Shareholders and/or the such Company, as the case may be.