Consent of the Company and the Holders Clause Samples
The 'Consent of the Company and the Holders' clause establishes that certain actions or decisions under the agreement require the approval of both the company and a specified group of stakeholders, typically the holders of securities or interests. In practice, this means that amendments to the agreement, waivers of rights, or significant corporate actions cannot proceed unless both the company and the requisite percentage or number of holders agree. This clause ensures that neither party can unilaterally make important changes, thereby protecting the interests of all involved and promoting balanced decision-making.
Consent of the Company and the Holders. The Company and the Holders hereby consent to the New Investors joining as a party to the Original Purchase Agreement, as hereby amended, and the Registration Rights Agreement, as hereby amended, to the addition of the name of the New Investors to the applicable exhibit or schedule to such agreements and to the distribution of such applicable exhibit or schedule, as amended, to the other parties to such agreements.