Common use of Amendment of Rights Clause in Contracts

Amendment of Rights. Subject to Section 2.3, any provision of this Agreement may be amended and the observance thereof may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and Common Shareholders (and/or any of their permitted successors or assigns) holding shares of Registrable Securities representing and/or convertible into a majority of all Registrable Securities. Any amendment or waiver effected in accordance with this Section 2.2 will be binding upon each Common Shareholder, each Holder, each permitted successor or assignee of such Common Shareholder or Holder and the Company.

Amendment of Rights. Subject to Section 2.3, any Any provision of this Agreement may be amended and the observance thereof may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and Common Shareholders holders of at least 60% (and/or any of their permitted successors or assignssixty percent) holding shares of Registrable Securities representing then outstanding or issuable upon conversion of Series B-1 Preferred Shares, Series B Preferred Shares, Series A Preferred Shares, and/or convertible into a majority of all Registrable SecuritiesOrdinary-1 Shares then outstanding. Any amendment or waiver effected affected in accordance with this Section 2.2 will 5.3 shall be binding upon each Common Shareholder, each Holder, each permitted successor or assignee of such Common Shareholder or the Holder and the Company.