Dividend Rate Adjustment. The dividend rate on the Series F Preferred Stock beneficially owned at the time by the Investor is subject to adjustment in the sole discretion of the Secretary of the Department of the Treasury in light of, inter alia, then-prevailing economic conditions and the financial condition of the Company, with the objective of protecting the U.S. taxpayer.
Appears in 4 contracts
Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement (American International Group Inc)
Dividend Rate Adjustment. The dividend rate on the Series F E Preferred Stock beneficially owned at the time by the Investor is subject to adjustment in the sole discretion of the Secretary of the Department of the Treasury in light of, inter alia, then-prevailing economic conditions and the financial condition of the Company, with the objective of protecting the U.S. taxpayer.
Appears in 2 contracts
Samples: Securities Exchange Agreement, Securities Exchange Agreement (American International Group Inc)
Dividend Rate Adjustment. The dividend rate on the Series F Preferred Stock beneficially owned at the time by the Investor is subject to adjustment in the sole discretion of the Secretary of the Department of the Treasury in light of, inter alia, then-prevailing economic conditions and the financial condition of the Company, with the objective of protecting the U.S. taxpayer.
Appears in 1 contract
Samples: Securities Purchase Agreement (American International Group Inc)
