Common use of Effect of Amendment or Waiver Clause in Contracts

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Investors and their successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 SECTION 9.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Each Investor and their its successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement 4.5 hereof the Company and the holders of a majority of the outstanding Registrable Securities, acting in conjunction with Securities held by the Company, parties specified will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Each Shareholder and their its successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement 5.7 hereof the holders holders. of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. The Purchasers and their successors ----------------------------- and assigns acknowledge that by the operation of Section 3.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers and their successors and ----------------------------- assigns acknowledge that by the operation of Section 3.7 2.3 of this Agreement and the holders of a majority of the outstanding Registrable SecuritiesPreferred Shares and the holders of a majority of the outstanding shares held by the Founders, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 3.10 of this Agreement the holders Holders of a majority at least two-thirds of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Each Shareholder and their its successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement 5.7 hereof the holders holders, of a majority of the outstanding Registrable Securities, acting in conjunction conjuction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Restated Rights Agreement.

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 SECTION 9.7 of this Agreement Agreement, but subject to the holders limitations therein, the Holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Purchaser and their its successors and assigns acknowledge that by the operation of Section 3.7 4.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers and their successors and assigns acknowledge that by the operation of Section 3.7 of this the Restated Rights Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this AgreementAddendum.

Effect of Amendment or Waiver. The Purchasers Each Holder and their its successors and assigns acknowledge that by the operation of Section 3.7 of this Agreement 2 hereof the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Holders and their successors and assigns acknowledge that by the operation of Section 3.7 2.7 of this Agreement the holders of a majority of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.

Effect of Amendment or Waiver. The Purchasers Each purchaser and their its successors and assigns acknowledge that by the operation of Section 3.7 Subsection 5.7 the Holders of this Agreement the holders of a majority two-thirds of the outstanding Registrable Securities, acting in conjunction with the Company, will have the right and power to diminish or eliminate any or all rights or increase any or all obligations pursuant to this Agreement.