Common use of Amendment of Rights Plan Clause in Contracts

Amendment of Rights Plan. As of the Closing Date, the amendment to the Rights Agreement referenced in Section 4.20 shall continue to be in full force and effect to accommodate the issuance and sale of the Shares to the Buyers and to allow the Buyers to purchase, collectively, up to 40% of the Common Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Patrick Industries Inc), Securities Purchase Agreement (Tontine Capital Partners L P)

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Amendment of Rights Plan. As of the Closing Date, the amendment to the Rights Agreement referenced in Section 4.20 shall continue to be in full force and effect to accommodate the issuance and sale of the Shares to the Buyers and to allow the Buyers to purchase, collectively, up to 40% of the Common StockBuyers.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tontine Capital Partners L P), Securities Purchase Agreement (Patrick Industries Inc)

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