Common use of Amendments and Waiver of Default Clause in Contracts

Amendments and Waiver of Default. The Debenture may be amended with the consent of the Holder. Without the consent of the Holder, the Debenture may be amended to cure any ambiguity, defect or inconsistency, to provide for assumption of the Company obligations to the Holder or to make any change that does not adversely affect the rights of the Holder.

Appears in 12 contracts

Samples: Convertible Note (Forefront Inc), Convertible Note (Jagnotes Com), Security Purchase Agreement (Tcpi Inc)

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Amendments and Waiver of Default. The Debenture may not be amended with without the consent of the Holder. Without Notwithstanding the above, without the consent of the Holder, the Debenture may be amended to cure any ambiguity, defect or inconsistency, to provide for assumption of the Company obligations to the Holder inconsistency or to make any change that does not adversely affect the rights of the Holder.

Appears in 2 contracts

Samples: Debenture Agreement (Lam Liang Corp.), Debenture Agreement (Lam Liang Corp.)

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Amendments and Waiver of Default. The Debenture may be amended with the consent of the Holder. Without the consent of the Holder, the Debenture may be amended to cure any ambiguity, defect or inconsistency, to provide for assumption of the Company obligations to the Holder or to make any change that does not adversely affect the rights of the Holder.

Appears in 1 contract

Samples: Subscription Agreement (Xiom Corp)

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