Waiver of the Clause Samples
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Waiver of the. “Qualified Joint and Survivor Annuity” and/or “Qualified Preretirement Survivor Annuity” Rights. A Participant may waive the “qualified joint and survivor annuity” described in Section 14.04 and elect another form of distribution permitted under the Plan at any time during the 180-day period ending on his Annuity Starting Date; provided, however, that if the Participant is married, his Spouse must consent in writing to such election as provided in Section 14.06. A Participant may waive or revoke a waiver of the “qualified joint and survivor annuity” described in Section 14.04 and elect another form of distribution permitted under the Plan at any time and any number of times during the 180-day period ending on his Annuity Starting Date; provided, however, that if the Participant is married and is electing a form of distribution other than the “qualified joint and survivor annuity” or the “qualified optional survivor annuity”, his Spouse must consent in writing to such election as provided in Section 14.06. A Participant may waive the “qualified preretirement survivor annuity” and designate a non-Spouse Beneficiary at any time during the “applicable election period”; provided, however, that the Participant’s Spouse must consent in writing to such election as provided in Section 14.06. The “applicable election period” begins on the later of (1) the date the Participant’s Account becomes subject to the requirements of Section 14.04 or (2) the first day of the Plan Year in which the Participant attains age 35 or, if he terminates employment prior to such date, the date he terminates employment with the Employer and all Related Employers. The “applicable election period” ends on the earlier of the Participant’s Annuity Starting Date or the date of the Participant’s death. A Participant whose employment has not terminated may elect to waive the “qualified preretirement survivor annuity” prior to the Plan Year in which he attains age 35, provided that any such waiver shall cease to be effective as of the first day of the Plan Year in which the Participant attains age 35. A Participant’s waiver of the “qualified joint and survivor annuity” or “qualified preretirement survivor annuity” shall be valid only if the applicable notice described in Section 14.07 or 14.08 has been provided to the Participant.
Waiver of the. “Change of Control” Provision in the Indenture.
Waiver of the. LOCK-UP" AGREEMENT. The Parent Insiders will give prompt notice to the Wood▇▇▇ ▇▇▇ckholders of any request made by any of the Parent Insiders or their affiliates for waiver or modification of the "lock-up" agreement between any of the Parent Insiders and the underwriters of Parent's initial public offering.
Waiver of the rights pursuant to Sec. 768 BGB Annex: Calculation of the key financial parameter
(a) Capital stock
(b) + Capital reserve
(c) + Retained earnings
(d) +/- Consolidated balance sheet profit / loss
(e) + Minority shares
(f) + Subordinated debt (subordination of capital and interest)
(g) Goodwill
(h) Claims against shareholders
Waiver of the. “Theory of Imprevision” None of the parties to the Option may claim lack of foresight or request any readjustment to the strict conditions applicable to the strike price as a consequence of facts occurring in the national or international economic context, or the application of any economic emergency provisions, that may have an impact on the provisions freely agreed by the parties in the Agreement. Breach by any of the parties of any duty arising out of the Agreement shall be considered as default by operation of law, no previous demand for performance being necessary.
Waiver of the. Common Stock Ownership Limit and the Aggregate Stock Ownership Limit for Hotchkis. Based on the above, representations, covenants and agreements, the Company, effective as of the date of this Agreement, with respect to Hotchkis, hereby
(a) waives the Common Stock Ownership Limit and the Aggregate Stock Ownership Limit provided for in the Articles and
(b) increases the Common Stock Ownership Limit and the Aggregate Stock Ownership Limit of Hotchkis to 15% (in value or in number of shares, whichever is more restrictive) of the aggregate outstanding shares of the Company’s common stock and aggregate outstanding shares of the Company’s capital stock, respectively, pursuant to the resolutions of its Board of Directors in the form attached hereto as Exhibit A.