Cancellation Clause Example from Business Contracts

This example Cancellation clause appears in 3 contracts from 2 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.
Found in Big Tree Group, Inc. contract
Simlatus Corp Contracts

6% INTEREST CONVERTIBLE NOTE MATURITY DATE: October 7, 2016 (Filed With SEC on August 15, 2016)

6% INTEREST CONVERTIBLE NOTE MATURITY DATE: November 17, 2016 (Filed With SEC on August 15, 2016)

Big Tree Group, Inc. Contracts

CONVERTIBLE NOTE (Filed With SEC on May 14, 2014)