Shareholders' Agreements · glossary
Giving up a right on one occasion without changing the agreement. Ferris waived its right to buy Aldous & Wren's shares after a change of control, on two terms: a deed by the new owner and a longer lock-in. Delay in using a right is never a waiver. Clause 12.4 · Clause 22.3 · Chapter 7 · Chapter 10
Explained in Chapter 7, Transfers, of Shareholders' Agreements.
The main page for this term is Waiver, in Finance Deals & Syndicated Lending.
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