Common use of Waiver Procedures Clause in Contracts

Waiver Procedures. The observance by the Company of any provision of this Section 5 may be waived (either generally or in a particular instance and either retroactively or prospectively) with the written consent of the Holders of a majority of the Registrable Securities, and any waiver effected in accordance with this paragraph shall be binding upon each Holder of Registrable Securities.

Appears in 5 contracts

Samples: Standstill Agreement (Chart House Investors LLC), Standstill Agreement (Chart House Investors LLC), Standstill Agreement (Chart House Investors LLC)

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Waiver Procedures. The observance by the Company of Weatxxxxxxx xx any provision of this Section 5 6 may be waived (either generally or in a particular instance and either retroactively or prospectively) with the written consent of the Holders holders of a majority of the Registrable SecuritiesSecurities then outstanding, and any waiver effected in accordance with this paragraph shall be binding upon each Holder of Registrable Securities.

Appears in 1 contract

Samples: Agreement (First Reserve Corp /Ct/ /Adv)

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Waiver Procedures. The observance by the Company of any ----------------- provision of this Section 5 may be waived (either generally or in a particular instance and either retroactively or prospectively) with the written consent of the Holders of a majority of the Registrable Securities, and any waiver effected in accordance with this paragraph shall be binding upon each Holder of Registrable Securities.

Appears in 1 contract

Samples: Standstill Agreement (Chart House Enterprises Inc)

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