Common use of Amendment of Warrant Agreement Clause in Contracts

Amendment of Warrant Agreement. The Company's Board of Directors, in accordance with Section 4.5 of the Warrant Agreement, has determined that, following the Effective Time, by virtue of the Merger, holders of LTWs shall be exercisable in respect of an amount in cash and shares of Parent Common Stock as provided for in Section 2.6 of this Agreement and, in connection therewith, the Company shall cause the Warrant Agreement to be amended and signed by Parent with the consent of the warrant agent to so provide and to provide for Parent's assumption of the Company's obligations thereunder by virtue of such determination as provided in Section 2.6.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ford Gerald J), Agreement and Plan of Merger (Citigroup Inc), Agreement and Plan of Merger (Mafco Holdings Inc)

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