Contingent Value Right definition

Contingent Value Right means an uncertificated, non-transferrable (unless expressly permitted therein) contractual contingent value right to earn $2.00 per share of Existing Stock held on the Existing Stock Record Date, in the event the holder thereof satisfies the Existing Stock Settlement Conditions, payable on the date that is two years after the Effective Date upon the terms and conditions of the substantially final form of such contractual contingent value right contained in the Plan Supplement.

Contingent Value Right means, with respect to each Holder of a Modified Security, the contingent value right entitling the holder thereof to, among other rights, the applicable Contingent Value Percentage of Proceeds received by the Company, net of certain deductions, with respect to an Arbitration Award and a Mining Data Sale, as further described in the CVR Certificate.

Contingent Value Right means one contingent value right per each Share and each Share subject to an applicable Company Option or Company RSU, which shall represent the right to receive one or more Milestone Payments (as such term is used in the Contingent Value Right Agreement) pursuant to the Contingent Value Right Agreement and this Agreement.

Examples of Contingent Value Right in a sentence

• Any purported transfer of a Contingent Value Right to anyone other than a Permitted Transferee shall be null and void ab initio.

• If a holder of Existing Stock as of the Existing Stock Record Date satisfies the Existing Stock Settlement Conditions, such holder shall receive, in exchange for the surrender or cancellation of its Interests, discharge of any Subordinated Claims without distribution, and release by such holder of the Released Parties as provided in Section 10.7 of the Plan, its pro rata share of the Existing Stock Cash and a Contingent Value Right on a per share (of Existing Stock) basis.

• Celgene shareholders will also receive one tradeable Contingent Value Right (CVR) for each share of Celgene, which will entitle the holder to receive a payment for the achievement of future regulatory milestones.

• Under the terms of the agreement, Lundbeck will commence a tender offer for all outstanding shares of Alder, whereby Alder stockholders will be offered an upfront payment for USD 18.00 per share in cash, along with one non-tradeable Contingent Value Right (CVR) that entitles them to an additional USD 2.00 per share upon approval of eptinezumab by the European Medicines Agency (EMA), representing a total potential consideration of USD 20.00 per share.

• Any purported Transfer of a Contingent Value Right to anyone other than a Permitted Transferee shall be null and void ab initio.

More Definitions of Contingent Value Right

Contingent Value Right means the right granted under this Agreement to receive the payments set forth in Section 2.2 hereof, subject to the limitations and conditions provided in this Agreement.

Contingent Value Right means one non-transferrable contingent value right to be issued by HoldCo pursuant to the CVR

Contingent Value Right or “CVR”) which represents the contractual right to the consideration set forth in the Contingent Value Rights Agreement (as defined below), for each $1,000 of aggregate principal amount outstanding of its Notes;

Contingent Value Right or “CVR”, and such recipient of a CVR, and any Permitted Transferee thereof, a “CVR Holder”) for each share of Old Common Stock held by such Person on the Effective Date. Each share of Old Common Stock shall be deemed to have been surrendered and cancelled on the Effective Date in accordance with the Plan of Reorganization.

Contingent Value Right means one non-transferrable contingent value right to be issued by HoldCo pursuant to the CVR Agreement.

Contingent Value Right or "CVR" means a transferable right issued pursuant to the Contingent Value Rights Agreement in certificated form. Under the terms of the Contingent Value Rights Agreement, each share of Parent Common Stock issued in the Merger will be accompanied by a CVR that is separately transferable from the Parent Common Stock. If the CVR Payment Date occurs prior to the CVR Termination Date, each holder of a CVR will receive the CVR Payment. If the CVR Termination Date occurs prior to the CVR Payment Date, the CVRs will expire without payment.

Contingent Value Right or “CVR” means a CVR (as such term is defined in the applicable Contingent Value Rights Agreement), which is a contractual contingent value right (which shall not be evidenced by a certificate or other instrument) representing the right of qualifying holders of CVRs to receive, in certain circumstances, a contingent payment in the form of Company Common Stock (or such other form as is provided for therein) pursuant to the terms and conditions of the applicable Contingent Value Rights Agreement.