Cancellation Clause Example from Business Contracts

This example Cancellation clause appears in 7 contracts from 6 companies

Cancellation. After all principal and accrued interest at any time owed on this Note has been paid in full, this Note shall automatically be deemed canceled, shall be surrendered to the Company for cancellation and shall not be reissued.
China Logistics Group Inc Contracts

CONVERTIBLE NOTE (Filed With SEC on January 28, 2014)