Common use of Restrictions on Certain Amendments Clause in Contracts

Restrictions on Certain Amendments. Except for the Reincorporation, neither the Company nor any Subsidiary will waive any provision of, amend, or suffer to be amended, any provision of such entity's existing Debt, any material contract or agreement previously or hereafter filed by the Company with the Commission as part of its SEC Reports, any Company Corporate Document or Subsidiary Corporate Document if such amendment, in the Company's reasonable judgment, would materially adversely affect the Purchasers or the holders of the Securities without the prior written consent of the Purchasers.

Appears in 1 contract

Samples: Securities Purchase Agreement (Touch Tone America Inc)

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Restrictions on Certain Amendments. Except for the Reincorporation, neither Neither the Company nor any Subsidiary will waive any provision of, amend, or suffer to be amended, any provision of such entity's existing Debtindebtedness, any material contract or agreement previously or hereafter filed by the Company with the Commission as part of its SEC Reports, any Company Corporate Document or Subsidiary Corporate Document if such amendment, in the Company's reasonable judgment, amendment would materially adversely affect the Purchasers or the holders of the Securities without the prior written consent of the PurchasersMajority Holders which such consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Securities Purchase Agreement (Autobond Acceptance Corp)

Restrictions on Certain Amendments. Except for the Reincorporation, neither the Company nor any Subsidiary will waive any provision of, amend, or suffer to be amended, any provision of such entity's existing Debt, any material contract or agreement previously or hereafter filed by the Company with the Commission as part of its SEC Reports, any Company Corporate Document or Subsidiary Corporate Document if such amendment, in the Company's reasonable judgment, would materially adversely affect the Purchasers Purchaser or the holders of the Securities without the prior written consent of the PurchasersPurchaser.

Appears in 1 contract

Samples: Option Agreement (Touch Tone America Inc)

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Restrictions on Certain Amendments. Except for the Reincorporation, neither Neither the Company nor any Subsidiary will waive any provision of, amend, or suffer to be amended, any provision of such entity's existing Debtindebtedness, any material contract or agreement previously or hereafter filed by the Company with the Commission as part of its SEC Reports, any Company Corporate Document or Subsidiary Corporate Document if such amendment, in the Company's reasonable judgment, would materially adversely affect the Purchasers or the holders of the Securities without the prior written consent of the PurchasersMajority Holders, which such consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Securities Purchase Agreement (Vitech America Inc)

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