Common use of Covenant Not to Amend Clause in Contracts

Covenant Not to Amend. Subject to Section 5.3, the Company and each Investor (other than JPMP) agree to provide JPMP with notice of its or their intention to amend, or effectively amend by permanently foregoing its rights under, the voting or other provisions of any Organizational Document or this Agreement and agree not to amend, or effectively amend by permanently foregoing its rights under, the voting or other provisions of any Organizational Document or this Agreement until JPMP determines that such amendment, or such effective amendment, would not itself, or would not following the exercise by JPMP or its Affiliates of commercially reasonable efforts, cause JPMP or any of its Affiliates to have a Regulatory Problem (as defined in the Regulatory Sideletter). JPMP agrees to notify the Company and each other Investor as to whether or not it would have a Regulatory Problem within ten (10) Business Days after JPMP has received notice of such proposed amendment or such effective amendment.

Appears in 5 contracts

Samples: Rights Agreement (Telesystem International Wireless Inc), Investor Rights Agreement (AIG Emerging Europe Infrastructure Management Ltd.), Rights Agreement (Jp Morgan Partners Bhca Lp)

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