Common use of Amendment; Waiver; Termination Clause in Contracts

Amendment; Waiver; Termination. (a) No provision of this Agreement may be waived except by an instrument in writing executed by the party against whom the waiver is to be effective. No provision of this Agreement may be amended or otherwise modified except by an instrument in writing executed by the Company and holders of at least 50% of the Shares held by the Shareholders at the time of such proposed amendment or modification. (b) In addition, any amendment or modification of any provision of this Agreement that would adversely affect any (i) CSH Shareholder may be effected only with the consent of CSH Shareholders holding at least 50% of the Shares held by the CSH Shareholders, (ii) Xxxxxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxxxxx Shareholders, (iii) Xxxxx Shareholder may be effected only with the consent of Xxxxx Shareholders holding at least 50% of the Shares held by the Xxxxx Shareholders or (iv) Xxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxx Shareholders. (c) This Agreement shall terminate on the tenth anniversary of the date hereof unless earlier terminated.

Appears in 3 contracts

Samples: Investors Agreement (Ipc Information Systems Inc), Stockholders Agreement (Cable Systems Holding LLC), Investors Agreement (Cable Systems Holding LLC)

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Amendment; Waiver; Termination. (a) No provision of this Agreement may be waived except by an instrument in writing executed by the party against whom the waiver is to be effective. No provision of this Agreement may be amended or otherwise modified except by an instrument in writing executed by the Company and holders of at least 50% of the Shares held by the Shareholders at the time of such proposed amendment or modification. (b) In addition, any amendment or modification of any provision of this Agreement that would adversely affect any (i) CSH Shareholder may be effected only with the consent of CSH Shareholders holding at least 50% of the Shares held by the CSH Shareholders, (ii) Xxxxxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxxxxx Shareholders, (iii) Xxxxx Shareholder may be effected only with the consent of Xxxxx Shareholders holding at least 50% of the Shares held by the Xxxxx Shareholders or Shareholders, (iv) Xxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxx Shareholders. (c) This Agreement shall terminate on the tenth anniversary of the date hereof unless earlier terminated.Shareholders or

Appears in 1 contract

Samples: Investors Agreement (Cable Systems Holding LLC)

Amendment; Waiver; Termination. (a) No provision of this Agreement may be waived except by an instrument in writing executed by the party against whom the waiver is to be effective. No provision of this Agreement may be amended or otherwise modified except by an instrument in writing executed by the Company and holders of at least 50% of the Shares held by the Shareholders at the time of such proposed amendment or modification. (b) In addition, any amendment or modification of any provision of this Agreement that would adversely affect any (i) CSH Shareholder may be effected only with the consent of CSH Shareholders holding at least 50% of the Shares held by the CSH Shareholders, (ii) Xxxxxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxxxxx Shareholders, (iii) Xxxxx Shareholder may be effected only with the consent of Xxxxx Shareholders holding at least 50% of the Shares held by the Xxxxx Shareholders or Shareholders, (iv) Xxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxx Shareholders or (v) LSH Shareholder may be effected only with the consent of LSH Shareholders holding at least 50% of the Shares held by the LSH Shareholders. (c) This Agreement shall terminate on the tenth anniversary of the date hereof unless earlier terminated.

Appears in 1 contract

Samples: Investors Agreement (Ipc Information Systems Inc)

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Amendment; Waiver; Termination. (a) No provision of this Agreement may be waived except by an instrument in writing executed by the party against whom the waiver is to be effective. No provision of this Agreement may be amended or otherwise modified except by an instrument in writing executed by the Company and holders of at least 50% of the Shares held by the Shareholders at the time of such proposed amendment or modification. (b) In addition, any amendment or modification of any provision of this Agreement that would adversely affect any (i) CSH Shareholder may be effected only with the consent of CSH Shareholders holding at least 50% of the Shares held by the CSH Shareholders, (ii) Xxxxxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxxxxx Shareholders, (iii) Xxxxx Shareholder may be effected only with the consent of Xxxxx Shareholders holding at least 50% of the Shares held by the Xxxxx Shareholders or Shareholders, (iv) Xxxxxxxx Shareholder may be effected only with the consent of Xxxxxxxx Shareholders holding at least 50% of the Shares held by the Xxxxxxxx Servidio Shareholders or (v) LSH Shareholder may be effected only with the consent of LSH Shareholders holding at least 50% of the Shares held by the LSH Shareholders. (c) This Agreement shall terminate on the tenth anniversary of the date hereof unless earlier terminated.

Appears in 1 contract

Samples: Investors Agreement (Ipc Information Systems Inc)

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