Common use of Combination Clause in Contracts

Combination. (a) Except as provided in Section 4.2(c), ----------- in the event of a Combination, the Holders shall have the right to receive upon exercise of each Warrant the number of shares of capital stock or other securities or an amount of property equal to the Adjusted Litigation Recovery divided by 85,759,465 divided by the aggregate Adjusted Market Value of the capital stock, other securities or property that one share of Common Stock was exchanged for or converted into as a result of such Combination.

Appears in 3 contracts

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

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Combination. (a) Except as provided in Section 4.2(c), ----------- in the event of a Combination, the Holders shall have the right to receive upon exercise of each Warrant the Warrants the number of shares of capital stock or other securities or an amount of property equal to the Adjusted Litigation Recovery divided by 85,759,465 [86,000,000] [the number of Warrants issued or reserved for issuance on the Record Date] divided by the aggregate Adjusted Market Value of the capital stock, other securities or property that one share of Common Stock was exchanged for or converted into as a result of such Combination.

Appears in 2 contracts

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

Combination. (a) Except as provided in Section 4.2(c), ----------- in the event of a Combination, the Holders shall will have the right to receive upon exercise of each Warrant the number of shares of capital stock or other securities or an amount of property equal to the Adjusted Litigation Recovery divided by 85,759,465 the Maximum Number of Warrants divided by the aggregate Adjusted Market Value Stock Price of the capital stock, other securities or property that one share of Common Stock was exchanged for or converted into as a result of such Combination.

Appears in 1 contract

Samples: Warrant Agreement (Dime Bancorp Inc)

Combination. (a) Except as provided in Section 4.2(c), ----------- in the event of a Combination, the Holders shall will have the right to receive upon exercise of each Warrant the number of shares of capital stock or other securities or an amount of property equal to the Adjusted Litigation Recovery divided by 85,759,465 the Maximum Number of Warrants divided by the aggregate Adjusted Market Value Stock Price of the capital stock, other securities or property that one share 1.1232 shares of Common Stock was were exchanged for or converted into as a result of such Combination.

Appears in 1 contract

Samples: Warrant Agreement (Washington Mutual Inc)

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Combination. (a) Except as provided in Section 4.2(c), ----------- in the ----------- event of a Combination, the Holders shall have the right to receive upon exercise of each Warrant the number of shares of capital stock or other securities or an amount of property equal to the Adjusted Litigation Recovery divided by 85,759,465 the Maximum Number of Warrants divided by the aggregate Adjusted Market Value of the capital stock, other securities or property that one share of Common Stock was exchanged for or converted into as a result of such Combination.

Appears in 1 contract

Samples: Warrant Agreement (Golden State Bancorp Inc)

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