Common use of Approval of Amendment; No Execution Required Clause in Contracts

Approval of Amendment; No Execution Required. By the Holder’s execution and delivery of an Election to Consent, Participate and Exercise Warrant electing therein to participate in the Offer to Amend and Exercise together with the other Acceptance and Exercise Documents in accordance with the terms of the Offer to Amend and Exercise, each of the Company and the Holder shall be deemed to have authorized, approved and executed this Amendment; provided however that this Amendment shall be null and void if Proposal No. 6 is not approved by Company stockholders at the Special Meeting.

Appears in 6 contracts

Samples: Warrant Amendment (Monster Digital, Inc.), Warrant to Purchase Common Stock (Monster Digital, Inc.), Warrant to Purchase Common Stock (Monster Digital, Inc.)

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Approval of Amendment; No Execution Required. By the Holder’s execution and delivery of an Election to Consent, Participate and Exercise Warrant electing therein to participate in the Offer to Amend and Exercise together with the other Acceptance and Exercise Documents in accordance with the terms of the Offer to Amend and Exercise, each of the Company and the Holder shall be deemed to have authorized, approved and executed this Amendment; provided however provided, however, that this Amendment shall be deemed ineffective and null and void if Proposal No. 6 is not approved by Company stockholders at the Special Meeting.

Appears in 4 contracts

Samples: Warrant to Purchase Common Stock (Monster Digital, Inc.), Warrant to Purchase Common Stock (Monster Digital, Inc.), Warrant to Purchase Common Stock (Monster Digital, Inc.)

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