Issuance of CVRs. The Company shall issue the CVRs at the Effective Time pursuant to the terms of the Merger Agreement, and the CVRs shall represent the right of the Holders to receive, in respect of each CVR held by such Holder, the CVR Payment Amount (if any) if and when payable pursuant to this Agreement. The administration of the CVRs shall be handled pursuant to this Agreement in the manner set forth in this Agreement.
Appears in 2 contracts
Samples: Amendment No. 2 to Agreement and Plan of Merger (Safeway Inc), Merger Agreement (Safeway Inc)
Issuance of CVRs. The Company CVRs shall issue the CVRs at the Effective Time be issued pursuant to the terms of Merger Agreement at the Merger Agreement, time and the CVRs shall represent the right of the Holders to receive, in respect of each CVR held by such Holder, the CVR Payment Amount (if any) if and when payable pursuant to this Agreement. The administration of the CVRs shall be handled pursuant to this Agreement in the manner set forth in this the Merger Agreement. Distribution of any CVR Payment Amount to the Holders shall be governed by the Shareholders’ Representative Agreement.
Appears in 2 contracts
Samples: Contingent Value Rights Agreement, Contingent Value Rights Agreement (Ligand Pharmaceuticals Inc)
Issuance of CVRs. The Company CVRs shall issue the CVRs be issued at the Effective Time pursuant to the terms of the Merger Agreement, Agreement and the CVRs shall represent the right of the Holders to receive, in respect of each CVR held by such Holder, the CVR Payment Amount (if any) if and when payable pursuant to this Agreement. The administration of the CVRs shall be handled pursuant to this Agreement in the manner set forth in this Agreement.
Appears in 1 contract
Samples: Merger Agreement (Safeway Inc)
