Common use of Waiver of Rights to Purchase Clause in Contracts

Waiver of Rights to Purchase. Pledgor, for itself and its successors and assigns, does hereby irrevocably waive and release all preemptive, first-refusal and other similar rights of Pledgor to purchase any or all of the Pledged Capital Stock upon any sale thereof by Pledgee under this Agreement, whether such right to purchase arises under any of the Pledged Subsidiary’s Organization Documents, by agreement, by operation of law or otherwise.

Appears in 2 contracts

Samples: Security Agreement (Planar Systems Inc), Pledge Agreement (Usana Health Sciences Inc)

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Waiver of Rights to Purchase. The Pledgor, for itself and its successors and assigns, does hereby irrevocably waive and release all preemptive, first-refusal and other similar rights of the Pledgor to purchase any or all of the Pledged Capital Stock upon any sale thereof by Pledgee the Administrative Agent under this Agreement, whether such right to purchase arises under any of the Pledged Subsidiary’s Organization Documents, by agreement, by operation of law or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Flow International Corp), Security Agreement (Flow International Corp)

Waiver of Rights to Purchase. The Pledgor, for itself and its successors and assigns, does hereby irrevocably waive and release all preemptive, first-refusal and other similar rights of the Pledgor to purchase any or all of the Pledged Capital Stock Shares upon any sale thereof by the Pledgee under this Agreement, whether such right to purchase arises under any of the Pledged Subsidiary’s Organization Documents, by agreement, by operation of law or otherwise.

Appears in 2 contracts

Samples: Master Royalty and Use Agreement (Clearwire Corp), Master Royalty and Use Agreement (Clearwire Corp)

Waiver of Rights to Purchase. The Pledgor, for itself and its successors and assigns, does hereby irrevocably waive and release all preemptive, first-refusal and other similar rights of the Pledgor to purchase any or all of the Pledged Capital Stock Membership Interests upon any sale thereof by the Pledgee under this Agreement, whether such right to purchase arises under any of the Pledged Subsidiary’s Organization Documentsorganizational documents of [HOLDCO/NEWCO], by agreement, by operation of law or otherwise.

Appears in 1 contract

Samples: Guaranty Agreement (Clearwire Corp)

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Waiver of Rights to Purchase. The Pledgor, for itself and its successors and assigns, does hereby irrevocably waive and release all preemptive, first-refusal and other similar rights of the Pledgor to purchase any or all of the Pledged Capital Stock upon any sale thereof by Pledgee Form of Guarantor Pledge Agreement the Administrative Agent under this Agreement, whether such right to purchase arises under any of the Pledged Subsidiary’s Organization Documents, by agreement, by operation of law or otherwise.

Appears in 1 contract

Samples: Security Agreement (Flow International Corp)

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