Common use of Reestablishment of Corporate PIES Clause in Contracts

Reestablishment of Corporate PIES. (a) At any time on or prior to the seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury PIES shall have the right to reestablish Corporate PIES by substitution of Shares of Preferred Stock or security entitlements thereto for Pledged Treasury Securities in integral multiples of 20 Treasury PIES by:

Appears in 2 contracts

Samples: Pledge Agreement (Bank United Corp), Pledge Agreement (Washington Mutual Inc)

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Reestablishment of Corporate PIES. (a) At any time on or prior to the seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury PIES shall have the right to reestablish Corporate PIES by substitution of Shares of Preferred Stock Senior Notes or security entitlements thereto for Pledged Treasury Securities in integral multiples of 20 Treasury PIES by:

Appears in 2 contracts

Samples: Pledge Agreement (Dominion Resources Inc /Va/), Pledge Agreement (Dominion Resources Inc /Va/)

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Reestablishment of Corporate PIES. (a) At any time on or prior to the seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury PIES shall have the right to reestablish Corporate PIES by substitution of Shares of Preferred Stock or security entitlements thereto for Pledged Treasury Securities in integral multiples of 20 Treasury PIES by:

Appears in 1 contract

Samples: Pledge Agreement (Bank United Corp)

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