Common use of Ability To Abandon The CPR Clause in Contracts

Ability To Abandon The CPR. The Holder of a CPR may at any time at its option abandon all of its remaining rights in this CPR by transferring the CPR to Parent without consideration therefor. Nothing in this Section 2.6 is intended to prohibit Parent from offering to acquire CPRs for consideration in its sole discretion.

Appears in 3 contracts

Samples: Contingent Payment Rights Agreement, Contingent Payment Rights Agreement (Medicines Co /De), Contingent Payment Rights Agreement (Targanta Therapeutics Corp.)

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Ability To Abandon The CPR. The Holder of a CPR may at any time at its option abandon all of its remaining rights in this CPR by transferring the CPR to Parent without consideration therefor. Nothing in this Section 2.6 2.8 is intended to prohibit Parent from offering to acquire CPRs for consideration in its sole discretion.

Appears in 1 contract

Samples: Contingent Payment Rights Agreement (American Medical Alert Corp)

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