Examples of CVR Trustee in a sentence
Failure to achieve the remaining sales milestones could have an adverse effect on the value of the CVRs (see also Note D.22.c to the consolidated financial statements included at Item 18 of the annual report regarding the ongoing CVR Trustee Claim).
It’s really rather seemingly small, but it could mean quite a bit.
They were issued by Sanofi pursuant to a CVR Agreement that was executed on March 30, 2011 by and between Sanofi and American Stock Transfer & Trust Company, LLC (the CVR Trustee), an unrelated party.
The CVR Trustee also performs various administrative functions that include, but are not limited to, (a) Serving as the initial Security Registrar for the purposes of registration and transfer of the CVRs, (b) notifying the CVR holders of certain amendments to the CVR Agreement, and (c) providing the CVR holders with certain reports concerning its actions and filing a copy of each such report with the Nasdaq Global Market, the SEC and Sanofi.
On page 29343 of the proposed exemption, Condition (k) of the operative language states that: ‘‘The CVR Trustee will certify to the Department that the CVR Payment Amount has been properly calculated for each affected participant in the Plans.’’CHS requests that the Departmentrevise this condition to read as follows: ‘‘(k) CHS will exercise its optionunder Section 3.1(d) of the CVR Agreement to retain an Independent Advisor to assist with the calculation of the CVR Payment Amount.
CHS will keep the CVR Trustee and the CVR holders informed with respect to the status of the Existing Litigation, which may be accomplishedapproved by the HMA and CHS Boards.
While I thought that the CVR Trustee made a compelling case for a breach, a recent precedent case suggested that the burden to prove damages might end up with the Trustee.
It has been expertly restored with a modern spine and five raised bands.
The prototype implementation shows the effectiveness of the approach experimentally.The proposed method can be used in combination with current action de- termination systems for game characters.
On page 29343 of the proposed exemption, Condition (l) states that: ‘‘The CVR Trustee will certify to the Department that no excess portion of the CVR Payment Amount reverts to CHS, its successors, or their affiliates.’’ CHS requests that the Department remove the reference to the CVR Trustee from this condition because CHS states that it has no way to require that the CVR Trustee provide such certification to the Department.