Common use of Amendments to Warrant Agreement Clause in Contracts

Amendments to Warrant Agreement. The Bank and the Warrant ------------------------------- Agent may, jointly, without the consent or concurrence of the Warrant Holders, by supplemental agreement or otherwise, make any amendments, alterations, deletions or corrections in this Agreement that they deem necessary or desirable: (a) to cure any ambiguity or correct any defect, inconsistency, clerical omission or mistake, or manifest error contained herein; (b) to confer additional rights upon the Warrant Holders; or (c) in any other respect that is not inconsistent with the provisions of the Warrants and which does not adversely affect the rights of the Warrant Holders hereunder. The Bank and the Warrant Agent also may supplement or amend the Warrant Agreement in any other respect without notice to any Warrant Holder but with the written consent of the holders of at least 50% in number of the Warrants then outstanding; provided, -------- however, that no such supplement or amendment may (i) make any modification of ------- the terms upon which the Warrants are exercisable or (ii) change the percentage of the holders of the Warrants who must consent to such amendment or supplement, without the consent of each Warrant Holder affected thereby.

Appears in 2 contracts

Samples: Warrant Agreement (Golden State Bancorp Inc), Warrant Agreement (Golden State Bancorp Inc)

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Amendments to Warrant Agreement. The Bank and the Warrant ------------------------------- Agent may, jointly, without the consent or concurrence of the Warrant Holders, by supplemental agreement or otherwise, make any amendments, alterations, deletions or corrections in this Agreement that they deem necessary or desirable: (a) to cure any ambiguity or correct any defect, inconsistency, clerical omission or mistake, or manifest error contained herein; (b) to confer additional rights upon the Warrant Holders; or (c) in any other respect that is not inconsistent with the provisions of the Warrants and which does not adversely affect the rights interests of the Warrant Holders hereunder. The Bank and the Warrant Agent also may supplement or amend the Warrant Agreement in any other respect without notice to any Warrant Holder but with the written consent of the holders of at least more than 50% in number of the Warrants then outstanding; provided, -------- however, -------- ------- that no such supplement or amendment may (i) make many any modification of ------- the terms upon which the Warrants are exercisable or (ii) change the percentage of the holders of the Warrants who must consent to such amendment or supplement, without the consent of each Warrant Holder affected thereby.

Appears in 1 contract

Samples: Warrant Agreement (Golden State Bancorp Inc)

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Amendments to Warrant Agreement. The Bank and the Warrant Agent ------------------------------- Agent may, jointly, without the consent or concurrence of the Warrant Holders, by supplemental agreement or otherwise, make any amendments, alterations, deletions or corrections in this Agreement that they deem necessary or desirable: (a) to cure any ambiguity or correct any defect, inconsistency, clerical omission or mistake, or manifest error contained herein; (b) to confer additional rights upon the Warrant Holders; or (c) in any other respect that is not inconsistent with the provisions of the Warrants and which does not adversely affect the rights interests of the Warrant Holders hereunder. The Bank and the Warrant Agent also may supplement or amend the Warrant Agreement in any other respect without notice to any Warrant Holder but with the written consent of the holders of at least more than 50% in number of the Warrants then outstanding; provided, -------- however, -------- ------- that no such supplement or amendment may (i) make any modification of ------- the terms upon which the Warrants are exercisable or (ii) change the percentage of the holders of the Warrants who must consent to such amendment or supplement, without the consent of each Warrant Holder affected thereby.

Appears in 1 contract

Samples: Warrant Agreement (Golden State Bancorp Inc)

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