Common use of Changes after Provision for Redemption Clause in Contracts

Changes after Provision for Redemption. No vote or consent of the holders of the Series E Preferred Stock shall be required pursuant to Section 7(c) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Series E Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust for such redemption, in each case pursuant to Section 5 above.

Appears in 1 contract

Sources: Securities Exchange Agreement (American International Group Inc)

Changes after Provision for Redemption. No Notwithstanding anything to the contrary in this Section 8, no vote or consent of the holders Holders of the Series E Preferred Stock shall be required pursuant to Section 7(c8(a) or 8(b) above if, at or prior to the time when any such vote or consent would otherwise be required pursuant to such Section, all outstanding shares of the Series E Preferred Stock shall have been redeemed, or shall have been called for redemption upon proper notice and sufficient funds shall have been deposited in trust set aside for such redemption, in each case pursuant to Section 5 7 above.

Appears in 1 contract

Sources: Deposit Agreement (Wintrust Financial Corp)