Amendment to RRA Clause Samples
The "Amendment to RRA" clause establishes the procedures and requirements for making changes to the Rights and Restrictions Agreement (RRA) between parties. Typically, this clause specifies that any modifications to the RRA must be made in writing and agreed upon by all relevant parties, ensuring that no unilateral changes can be made. By formalizing the amendment process, this clause helps maintain clarity and mutual consent, preventing misunderstandings or disputes over unauthorized alterations to the agreement.
Amendment to RRA. Section 1 of the RRA is amended by deleting subpart (ii) of the definition of Conversion Value the words "greater of the" replacing them with the word "greatest".
Amendment to RRA. The RRA shall be henceforth deemed to be amended, modified and supplemented in accordance with the provisions hereof, and the respective rights, duties, and obligations under the RRA shall hereafter be determined, exercised and enforced under the RRA, as amended by this Amendment, subject in all respects to such amendments, modifications, and supplements and all terms and conditions thereof.
Amendment to RRA. (a) The definition of “Required Registration Amount” set forth in Section 1(l) of the RRA is hereby amended and restated in its entirety as follows (strikethrough indicates deletion; bold underline indicates addition):