Redemption Clause Example with 4 Variations from Business Contracts

This page contains Redemption clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Redemption. The Company will have the right to redeem all or any portion of the Note at any time prior to the Maturity Date without premium or penalty of any kind. The redemption price will be payable in cash and is equal to the then outstanding principal amount of this Note plus accrued but unpaid interest thereon. However, no partial redemption shall excuse or defer the Company's subsequent payments on, or entitle the Company to a release of any collateral used to secure, the unredeemed portion of this No...te. View More
Found in SMART FOR LIFE, INC. contract

Variations of a "Redemption" Clause from Business Contracts

Redemption. The Company Maker will have the right to redeem all or any portion of the Note at any time prior to the Maturity Date without premium or penalty of any kind. The redemption price will be payable in cash and is equal to the then outstanding principal amount of this Note plus accrued but unpaid interest thereon. However, no partial redemption shall excuse or defer the Company's subsequent payments on, or entitle the Company to a release of any collateral used to secure, the unredeemed portion of t...his Note. View More
Found in 1847 Holdings LLC contract
Redemption. The Company will have the right to redeem all or any portion of the Note at any time prior to the Maturity Date without premium or penalty of any kind. The redemption price will be payable in cash and is shall equal to the then outstanding principal amount of this Note plus accrued but unpaid interest thereon. However, no partial redemption shall excuse or defer the Company's subsequent payments on, or entitle the Company to a release of any collateral used to secure, the unredeemed portion of t...his Note. View More
Found in 1847 Goedeker Inc. contract
Redemption. The Company will have the right to redeem all or any portion of the Note at any time prior to the Maturity Date without premium or penalty of any kind. The redemption price will be payable in cash and is equal to the then outstanding principal amount of this Note plus accrued but unpaid interest thereon. However, no partial redemption shall excuse or defer the Company's subsequent payments on, or entitle the Company to a release of any collateral used to secure, the unredeemed portion of this No...te. View More
Found in 1847 Holdings LLC contract
Redemption. The Company will have the right to redeem all or any portion of the Note at any time prior to the Maturity Date without premium or penalty of any kind. The redemption price will be payable in cash and is equal to the then outstanding principal Principal amount of this Note plus accrued but unpaid interest thereon. However, no partial redemption shall excuse or defer the Company's subsequent payments on, or entitle the Company to a release of any collateral Collateral (as defined herein) used to ...secure, the unredeemed portion of this Note. Any partial redemption shall be applied in inverse order to the last payments due and owing under this Note. View More
Found in SMART FOR LIFE, INC. contract