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Common use of Voluntary Redemption Clause in Contracts

Voluntary Redemption. The Company shall, on any date, have the option of redeeming and retiring the Preferred Membership Interest by payment to the Preferred Holders of an amount equal to the Liquidation Payment.

Appears in 3 contracts

Sources: Preferred Membership Interest Unit Subscription Agreement, Preferred Membership Interest Unit Subscription Agreement (Affinity Group Inc), Preferred Membership Interest Unit Subscription Agreement (Affinity Group Holding, Inc.)

Related Clauses

  • Mandatory Redemption
  • No Mandatory Redemption
  • Special Mandatory Redemption
  • Payment Upon Redemption
  • Early Redemption

Parent Clauses

  • Redemption
  • Miscellaneous
  • Other Agreements of the Parties
  • Currency
  • Restrictions on Transferability of Securities

Sub-Clauses

  • Voluntary Redemption
  • VOLUNTARY REDEMPTION NOTICE
  • Procedure for Voluntary Redemption
  • CB Certificate
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