Common use of Holders of CVRs; Appointment of Rights Agent Clause in Contracts

Holders of CVRs; Appointment of Rights Agent. (a) As provided in the Merger Agreement, each Holder shall be entitled to one CVR for each Share outstanding immediately prior to the Effective Time that is converted into the right to receive the Merger Consideration pursuant to the Merger Agreement.

Appears in 2 contracts

Samples: Contingent Value Rights Agreement (Omthera Pharmaceuticals, Inc.), Agreement and Plan of Merger (Omthera Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Holders of CVRs; Appointment of Rights Agent. (a) As provided in the Merger Agreement, effective as of the Closing, each Holder shall will be entitled to one CVR for each Share outstanding immediately prior to the Effective Time that is converted into the right to receive the Merger Consideration validly accepted for payment, and paid for, pursuant to Section 1.8(c) of the Merger Agreement.

Appears in 2 contracts

Samples: Contingent Value Rights Agreement (Aduro Biotech, Inc.), Contingent Value Rights Agreement (OncoMed Pharmaceuticals Inc)

AutoNDA by SimpleDocs

Holders of CVRs; Appointment of Rights Agent. (a) As provided in Pursuant to the Merger terms of the Business Combination Agreement, at the Second Closing, each Holder holder of Company Shares outstanding immediately prior to the Second Merger Effective Time shall be entitled to one fully vested CVR for each Share outstanding immediately prior to the Effective Time that is converted into the right to receive the Merger Consideration pursuant to the Merger Agreementsuch share.

Appears in 1 contract

Samples: Contingent Value Rights Agreement (Kalera Public LTD Co)

Time is Money Join Law Insider Premium to draft better contracts faster.