Common use of Consent Required to Amend, Terminate or Waive Clause in Contracts

Consent Required to Amend, Terminate or Waive. This Agreement may be amended or terminated and the observance of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a written instrument executed by the Holders holding 2/3rds of the Shares then held by the Holders.

Appears in 1 contract

Samples: Shareholder Agreement (Rli Corp)

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Consent Required to Amend, Terminate or Waive. This Agreement may be amended or terminated modified and the observance of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a written instrument executed by (i) the Holders holding 2/3rds Company, (ii) the holders of a majority of the Common Shares then held by the HoldersPrincipal Shareholders (voting together as a single class and on an as-converted basis), and (iii) the Investor.

Appears in 1 contract

Samples: Shareholder Agreement (China Recycling Energy Corp)

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Consent Required to Amend, Terminate or Waive. This Agreement may be amended or terminated and the observance of any term hereof may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a written instrument executed by the Holders Company and the Stockholders holding 2/3rds at least a majority of the Shares Common Stock then held by the HoldersStockholders.

Appears in 1 contract

Samples: Board Composition Agreement (Pharmathene, Inc)

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