Common use of Rights Agreement Amendment Clause in Contracts

Rights Agreement Amendment. Subject to the terms and conditions of this Agreement, the Company shall promptly enter into an amendment to the Rights Agreement (the "Rights Agreement Amendment") pursuant to which the Rights Agreement and the Rights Agreement Rights will not be applicable to the Merger, and consummation of the Merger shall not result in a "Distribution Date" under the Rights Agreement or in Equity One or its affiliates being an "Acquiring Person" or in the Rights Agreement Rights becoming exercisable.

Appears in 2 contracts

Samples: Merger Agreement (Equity One Inc), Merger Agreement (United Investors Realty Trust)

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Rights Agreement Amendment. Subject to the terms and conditions of this Agreement, the Company shall promptly enter into an amendment to the Rights Agreement (the "Rights Agreement AmendmentRIGHTS AGREEMENT AMENDMENT") pursuant to which the Rights Agreement and the Rights Agreement Rights will not be applicable to the Merger, and consummation of the Merger shall not result in a "Distribution Date" under the Rights Agreement or in Equity One Buyer or its Acquisition Sub or their affiliates being an "Acquiring Person" or in the Rights Agreement Rights becoming exercisable.

Appears in 2 contracts

Samples: Merger Agreement (Sound Advice Inc), Merger Agreement (Tweeter Home Entertainment Group Inc)

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Rights Agreement Amendment. Subject to the terms and conditions of this Agreement, the Company shall promptly enter into an amendment to the Rights Agreement (the "Rights Agreement Amendment") pursuant to which the Rights Agreement and the Rights Agreement Rights will not be applicable to the Merger, and consummation of the Merger shall not result in a "Distribution Date" under the Rights Agreement and consummation of the Merger shall not result in the Parent or in Equity One the Sub or its their affiliates being an "Acquiring Person" or result in the Rights Agreement Rights becoming exercisableoccurrence of a "Flip-In Event" or a "Flip-Over Event" thereunder.

Appears in 1 contract

Samples: Merger Agreement (New Grancare Inc)

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