Common use of Other Dividends and Distributions Clause in Contracts

Other Dividends and Distributions. In case the Company shall, by dividend or otherwise, distribute to all holders of its Common Stock shares of any class of capital stock of the Company other than any dividends or distributions to which paragraph (a) above applies or evidences of its indebtedness, cash or other assets, including securities, but excluding (i) any rights or warrants referred to in paragraph (c) above, (ii) any stock, securities or other property or assets (including cash) distributed in connection with a reclassification, change, merger, consolidation, statutory share exchange, combination, sale or conveyance to which Section 4.2 hereof applies and (iii) dividends and distributions paid exclusively in cash, then, in each such case, subject to the second succeeding paragraph of this paragraph (d), the Exercise Amount shall be increased so that the same shall be equal to the amount determined by multiplying the Exercise Amount in effect immediately prior to the close of business on the Record Date with respect to such distribution by a fraction:

Appears in 6 contracts

Samples: Warrant Agreement (New York Community Bancorp Inc), Warrant Agreement (New York Community Bancorp Inc), Warrant Agreement (New York Community Bancorp Inc)

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