Upon completion of the. transactions under Section 1.1 and Section 1.2 of this Agreement, CMDB shall be entitled to all benefits and burdens of ownership of the Parent’s CBI Shares, including the right to exercise any voting rights, to receive any distributions and dividends with respect to the Parent’s CBI Shares and to transfer the Parent’s CBI Shares to third parties, and the Parent shall have no further right, title and interest in and to the Parent’s CBI Shares.
Appears in 2 contracts
Sources: Separation and Distribution Agreement (Costamare Bulkers Holdings LTD), Separation and Distribution Agreement (Costamare Bulkers Holdings LTD)