RESTRICTIONS ON EXCHANGES. 6.1 If Parent is dissolved, liquidated or wound up for any reason, any Exchange Right shall expire upon final distribution of the assets of the Parent pursuant to the operation of such dissolution, liquidation or winding-up process. 6.2 Save for the transfer restrictions set out in clause 5, the provisions of clauses 6.1 above and any other applicable provisions of this Agreement, the Exchange Right granted pursuant to the terms of this Agreement shall not have any restrictions on exercise.
Appears in 5 contracts
Sources: Amendment and Restatement Agreement (Royalty Pharma PLC), Exchange Agreement (Royalty Pharma PLC), Exchange Agreement (Royalty Pharma PLC)