Common use of Registrable Form Clause in Contracts

Registrable Form. The CVRs shall be issuable only in registered form. The CVRs shall be issued initially in the form of one or more permanent global securities in registered form, substantially in the form set forth in Article II (“Global Securities”), deposited with the Trustee, as the custodian for The Depository Trust Company, its nominees and successors (the “Depositary”), and shall bear the legend set forth on Exhibit A; provided that one or more Definitive Securities (as defined below) may be issued initially to Holders subject to the restrictions on resale imposed by Rule 144 or Rule 145 under the Securities Act or otherwise at the request of a Holder. Each Global Security will represent such of the outstanding CVRs as will be specified therein and each shall provide that it represents the aggregate number of outstanding CVRs from time to time endorsed thereon and that the aggregate number of outstanding CVRs represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges. Any CVRs issued in definitive form as may be permitted by this Agreement shall be issued in the form of one or more permanent definitive securities in registered form, substantially in the form set forth in Article II (“Definitive Securities”), deposited with the Trustee, and shall not bear the legend set forth on Exhibit A.

Appears in 3 contracts

Sources: Contingent Value Rights Agreement, Contingent Value Rights Agreement (Aclara Biosciences Inc), Contingent Value Rights Agreement (Virologic Inc)