No Voting, Dividends or Interest; No Equity or Ownership Interest in Parent. The CVRs will not have any voting or dividend rights, and interest will not accrue on any amounts payable on the CVRs to any Holder. The CVRs will not represent any equity or ownership interest in Parent, any constituent company to the Merger or any of their respective Affiliates. The sole right of each Holder to receive property hereunder is the right to receive the Milestone Payment Amount, in accordance with the terms hereof.
Appears in 2 contracts
Samples: Merger Agreement (Indivior PLC), Merger Agreement (Indivior PLC)
No Voting, Dividends or Interest; No Equity or Ownership Interest in Parent. (a) The CVRs CVR will not have any voting or dividend rights, and interest will not accrue on any amounts payable on the CVRs CVR to any Holder. .
(b) The CVRs CVR will not represent any equity or ownership interest in Parent, Parent or in any constituent company to the Merger Merger, or any of their respective AffiliatesSubsidiaries (including the Surviving Corporation). The sole right of each Holder to receive property hereunder is the right to receive the Milestone Payment Amount, in accordance with the terms hereof.
Appears in 1 contract
Samples: Contingent Value Rights Agreement (Paratek Pharmaceuticals, Inc.)
No Voting, Dividends or Interest; No Equity or Ownership Interest in Parent. (a) The CVRs will not have any voting or dividend rights, and interest will not accrue on any amounts payable on the CVRs CVR to any Holder. .
(b) The CVRs will not represent any interest in the capital of, or any equity or ownership interest in in, Parent, any constituent company to the Merger or any of their respective Affiliates. The sole right of each Holder to receive property hereunder is the right to receive the Milestone Payment Amount, in accordance with the terms hereof.
Appears in 1 contract
Samples: Contingent Value Rights Agreement (Assertio Holdings, Inc.)
No Voting, Dividends or Interest; No Equity or Ownership Interest in Parent. (a) The CVRs CVR will not have any voting or dividend rights, and interest will not accrue on any amounts payable on the CVRs CVR to any Holder. .
(b) The CVRs CVR will not represent any equity or ownership interest in Parent, Parent or in any constituent company to the Merger Merger, or any of their respective Affiliatessubsidiaries (including the Surviving Corporation). The sole right of each Holder to receive property hereunder is the right to receive the Milestone Payment Amount, in accordance with the terms hereof.
Appears in 1 contract
Samples: Contingent Value Rights Agreement (Radius Health, Inc.)