Ability To Abandon The CVR. The Holder of a Contingent Value Right may at any time, at such Holder’s option, abandon all of such Holder’s remaining rights in a Contingent Value Right by transferring such Contingent Value Right to the Issuer without consideration therefor, in which case the Issuer shall continue to own such Contingent Value Right. Nothing in this Agreement is intended to prohibit the Issuer or any of its Affiliates from offering to acquire Contingent Value Rights for consideration in its sole discretion and thereafter owning any Contingent Value Rights so acquired.
Appears in 4 contracts
Samples: Contingent Value Rights Agreement, Contingent Value Rights Agreement (Nexstar Media Group, Inc.), Merger Agreement (Media General Inc)
