Common use of Unconditional Right of Holders to Institute Certain Suits Clause in Contracts

Unconditional Right of Holders to Institute Certain Suits. Notwithstanding any other provision in this CVR Agreement and any provision of any CVR, the right of any Holder of any CVR to receive payment of the amounts payable in respect of such CVR on or after the respective due dates expressed in such CVR, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Grail, LLC), Agreement and Plan of Merger (Grail, LLC), Contingent Value Rights Agreement (Illumina, Inc.)

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Unconditional Right of Holders to Institute Certain Suits. Notwithstanding any other provision in this CVR Agreement and any provision of any CVR, the right of any Holder of any CVR to receive payment of the amounts payable in respect of such CVR on or after the respective due dates expressed in such CVR, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

Appears in 4 contracts

Samples: Contingent Value Rights Agreement (Yin Jia Investments LTD), Contingent Value Rights Agreement (Aclara Biosciences Inc), Contingent Value Rights Agreement (Markel Holdings Inc)

Unconditional Right of Holders to Institute Certain Suits. Notwithstanding any other provision in this CVR Agreement and any provision of any CVR, the right of any Holder of any CVR to receive payment in Cash or Shares of the amounts payable in respect of such CVR on or after the respective due dates expressed in such CVR, or to institute suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

Appears in 3 contracts

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

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Unconditional Right of Holders to Institute Certain Suits. Notwithstanding any other provision in this CVR Agreement and any provision of any CVRCVR Certificate, the right of any Holder of any CVR to receive payment in Cash or Shares of the amounts amounts, if any, payable in respect of such CVR on or after the respective due dates expressed in such CVRCVR Payment Date, or to institute suit for the enforcement of any such payment on or after such respective datesdate, shall not be impaired or affected without the consent of such Holder.

Appears in 1 contract

Samples: Contingent Value Rights Agreement (Atkins Nutritionals Holdings, Inc.)

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