Cancellation of Promissory Note. The Company shall have delivered to the Buyer a duly executed cancellation of the Demand Promissory Note in the principal amount of Rs. 25,00,00,000/-, dated July 11, 2009, issued by the Company to ▇. ▇▇▇▇▇▇▇▇▇▇ in connection with the Memorandum of Understanding, dated July 11, 2009, by and between ▇. ▇▇▇▇▇▇▇▇▇ and ▇. ▇▇▇▇▇▇▇▇▇▇, in form and substance reasonably satisfactory to the Buyer.
Appears in 2 contracts
Sources: Share Purchase Agreement (Par Pharmaceutical Companies, Inc.), Share Purchase Agreement (Par Pharmaceutical Companies, Inc.)