SEC Filings

S-4/A
TIME WARNER INC. filed this Form S-4/A on 03/24/2000
Entire Document
 
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          1.20  "Record Date" shall have the meaning set forth in Section 2.1.

          1.21  "Redemption Price" shall have the meaning set forth in Section
4.1.

          1.22  "Redemption Rescission Event" shall mean the occurrence of (a)
any general suspension of trading in, or limitation on prices for, securities on
the principal national securities exchange on which shares of Common Stock are
registered and listed for trading (or, if shares of Common Stock are not
registered and listed for trading on any such exchange, in the over-the-counter
market) for more than six-and-one-half (6-1/2) consecutive trading hours, (b)
any decline in either the Dow Jones Industrial Average or the Standard & Poor's
Index of 400 Industrial Companies (or any successor index published by Dow Jones
& Company, Inc. or Standard & Poor's Corporation) by either (i) an amount in
excess of 10%, measured from the close of business on any Trading Day to the
close of business on the next succeeding Trading Day during the period
commencing on the Trading Day preceding the day notice of any redemption or
exchange of shares of this Series is given (or, if such notice is given after
the close of business on a Trading Day, commencing on such Trading Day) and
ending at the earlier of (x) the time and date fixed for redemption or exchange
in such notice and (y) the time and date at which the Corporation shall have
irrevocably deposited funds with a designated bank or trust company pursuant to
Section 3.5 or (ii) an amount in excess of 15% (or, if the time and date fixed
for redemption or exchange is more than 15 days following the date on which
notice of redemption or exchange is given, 20%), measured from the close of
business on the Trading Day preceding the day notice of such redemption or
exchange is given (or, if such notice is given after the close of business on a
Trading Day, from such Trading Day) to the close of business on any Trading Day
on or prior to the earlier of the dates specified in clauses (x) and (y) above,
(c) a declaration of a banking moratorium or any suspension of payments in
respect of banks by Federal or state authorities in the United States or (d) the
commencement of a war or armed hostilities or other national or international
calamity directly or indirectly involving the United States that in the
reasonable judgment of the Corporation could have a material adverse effect on
the market for the Common Stock.

          1.23  "Rescission Date" shall have the meaning set forth in Section
4.5.