Common use of Effect of Amendment or Waiver Clause in Contracts

Effect of Amendment or Waiver. The Holder acknowledges that by operation of Section 15 hereof, the holders of warrants representing a majority of the shares then issuable pursuant to the exercise of Warrants issued pursuant to the Purchase Agreement will have the right and power to diminish or eliminate all rights of such holder under this Warrant or under the Purchase Agreement.

Appears in 4 contracts

Samples: Warrant Agreement (ProUroCare Medical Inc.), Warrant Agreement (ProUroCare Medical Inc.), Warrant Agreement (ProUroCare Medical Inc.)

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Effect of Amendment or Waiver. The Holder holder of this Warrant acknowledges that by the operation of Section 15 16 hereof, the holders of warrants representing a majority of the shares then Warrant Shares issued or issuable pursuant to the upon exercise of Warrants issued pursuant to the Purchase Agreement will have the right and power to diminish or eliminate all rights of such holder under this Warrant or under the Purchase Agreement.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (HyperSpace Communications, Inc.)

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Effect of Amendment or Waiver. The Holder acknowledges that by operation of Section 15 hereof, the holders of warrants representing a majority of the shares then issuable pursuant to the exercise of Warrants issued pursuant to the Purchase Put Agreement will have the right and power to diminish or eliminate all rights of such holder under this Warrant or under the Purchase Put Agreement.

Appears in 1 contract

Samples: Warrant Agreement (ProUroCare Medical Inc.)

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