Surrender and Cancellation Sample Clauses

Surrender and Cancellation. Once the Principal Amount, plus all accrued but unpaid interest thereon, has been paid in full, all obligations under this Note will immediately and automatically terminate, and the Lender will promptly surrender this Note to the Borrower for cancellation.
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Surrender and Cancellation. 6.1 Notes shall only be redeemed against surrender of the relevant Certificate(s) for cancellation in the case of full redemption and for the enfacement of a memorandum of the amount and date of redemption in the case of partial redemption.
Surrender and Cancellation. The Indenture Trustee shall surrender the Insurance Policy to the Insurer for cancellation upon the expiration of the term of the Insurance Policy as provided in the Insurance Policy.
Surrender and Cancellation. You agree to surrender the Card to us upon demand. You agree, further, that the Card shall at all times remain our property and that we may cancel this Agreement at any time, subject to such notification as may be required by applicable law. You agree that we may amend this Agreement and these disclosures, from time to time, subject to such notification as may be required by applicable law.
Surrender and Cancellation. 29.1 The Concessionaire on giving to MIREM not less than thirty (30) days notice may:
Surrender and Cancellation. At the Effective Time, Buyer will deliver or cause to be delivered to a third-party agent to be appointed by Buyer and reasonably acceptable to Xxxxxx (the “Exchange Agent”) an amount equal to the aggregate Cash Consideration to be paid pursuant to Section 2.6(b) and will deliver or cause to be delivered to the Exchange Agent or Xxxxxx’x payroll provider an amount equal to the aggregate Option Consideration to be paid pursuant to Section 2.6(c). Buyer shall cause the Exchange Agent to, as promptly as practical after the Effective Time, but in no event later than ten (10) days after the Closing Date, send or cause to be sent to each former holder of record of Xxxxxx Common Stock transmittal materials (the “Letter of Transmittal”) for use in exchanging their Certificates for the consideration provided in this Agreement. The Letter of Transmittal will contain instructions with respect to the surrender of Certificates and the receipt of the Cash Consideration contemplated by Section 2.6(b). Upon surrender for cancellation to the Exchange Agent of any Certificates held by any Xxxxxx shareholder, together with the Letter of Transmittal, duly executed, the Exchange Agent shall pay to such Mercer shareholder the Cash Consideration with respect to such Certificates. No interest will be paid or accrued for the benefit of any Mercer shareholder on the amount payable upon the surrender of any Certificates held by such shareholder. Until surrendered as contemplated by this Section 2.7, each Certificate shall be deemed at any time after the Effective Time to represent only the right to receive upon such surrender the Cash Consideration contemplated by Section 2.6(b).
Surrender and Cancellation. The Founding Stockholder hereby surrenders to the Corporation, and the Corporation hereby accepts from the Founding Stockholder, free and clear of all liens and encumbrances, the Subject Units. The Corporation shall duly cancel and retire the Subject Units as promptly as practicable. Of the 9,775,000 Founder’s Units remaining after giving effect to the surrender and cancellation of the Subject Units, 1,275,000 Founder’s Units, subject to adjustment, are subject to forfeiture pursuant to the terms of the Purchase Agreement (as amended by this Agreement).
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Surrender and Cancellation. The Trustee shall surrender the Certificate Insurance Policies to the Certificate Insurer for cancellation upon termination of the Trust pursuant to Article V hereof.
Surrender and Cancellation. Each Employers Shareholder who has previously or on the Closing Date, surrendered to Eastern one or more Certificates representing such Employers Shareholder’s shares of Employers Common Stock for cancellation by Eastern shall be entitled to receive payment by cash or wire transfer on the Closing Date for each such share equal to the Per Share Fraction of the Closing Payment. Each Employers Shareholder who subsequently surrenders to Eastern one or more Certificates representing such Employers Shareholder’s shares of Employers Common Stock for cancellation by Eastern shall be entitled to receive, within ten (10) days after such surrender, prompt payment by cash or wire transfer for each such share equal to the Per Share Fraction of the Closing Payment. No interest will be paid or accrued for the benefit of the Employers Shareholders on the amount payable upon the surrender of the Certificates. In addition, each Employers Shareholder who surrenders such a Certificate shall be entitled to receive for each share of Employers Common Stock represented by such Certificate the Per Share Fraction of the amount, if any, to be distributed from the Escrow Holdback to the Employers Shareholders in accordance with the terms of this Agreement and the Escrow Agreement. Until surrendered as contemplated by this Section 2.10, each Certificate shall be deemed at any time after the Closing Date to represent only the right to receive upon such surrender the amounts contemplated by Section 2.4.
Surrender and Cancellation. The Concessionaires may pursuant to applicable law:
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