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Stern is Bald

10/06/17 9:30 AM

#431928 RE: bradford86 #431917

5-10x on the commons right off the bat or after a full recap?

Thanks!!

Donotunderstand

10/06/17 11:50 AM

#432004 RE: bradford86 #431917

Bradford

Watt did not hold back this time -- why will he hold back next time

I am not arguing --- I am asking to hear/see the logic that goes with no hold back this time and yes hold back next time

Remul

10/06/17 12:30 PM

#432023 RE: bradford86 #431917

Can be ended with court hearing, but would need Mnuchin as purchaser to void/unwind everything.... We'll have to see his direction if court actually takes action...

6.12. Non-Severability. Each of the provisions of this Agreement is integrated with and integral
to the whole and shall not be severable from the remainder of the Agreement. In the event
that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to
be illegal or unenforceable
, then Purchaser may, in its sole discretion, by written notice to Conservator
and Seller, declare this Agreement null and void, whereupon all transfers hereunder (including
the issuance of the Senior Preferred Stock and the Warrant and any funding of the Commitment)
shall be rescinded and unwound and all obligations of the parties (other than to effectuate
such rescission and unwind) shall immediately and automatically terminate.