Modify sentence in a Redemption Agreement Template - Online Editor

Modify sentence in Redemption Agreement Template with DocHub!

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What is a non redemption agreement?

Non-Redemption Agreements means certain non-redemption agreements with certain holders of SRNGs Class A ordinary shares, pursuant to which such holders agree not to exercise their redemption rights in connection with the Business Combination.

What is a membership redemption agreement?

A short-form agreement for the redemption of a minority membership interest in a limited liability company (LLC). This Standard Document assumes that the redeeming member is selling its entire membership interest back to the LLC at the closing of the redemption.

What is a redemption agreement?

A REDEMPTION AGREEMENT ALLOWS A DEPARTING SHAREHOLDER, PARTNER OR LLC MEMBER TO SELL OUT THEIR INTEREST IN THE BUSINESS TO THE COMPANY INSTEAD OF THEIR CO-OWNER. Another common type of buy-sell agreement is the stock redemption agreement.

What is a redemption of a contract?

Redemption Contract means the Redemption and Clearing Agreement to be entered into between the Issuer, the Offshore Notes Issuer and the Trustee.

How does a redemption agreement work?

A redemption agreement is a legal contract between a corporation and its shareholders that specifies how the corporation can buy back the shares of a departing shareholder. The agreement usually sets the price, timing, and method of payment for the repurchase.

What is stock redemption plan?

In a stock redemption plan, the companys partners or stockholders buy life insurance coverage that is equal to the respective shares that each of the partners controls. The business pays for the coverage, and if a stockholder dies, the death benefit from their life insurance is used to buy out their shares.

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Modify sentence in the Redemption Agreement Template in a few clicks

Modify sentence in Redemption Agreement Template with DocHub!

Follow the steps below to modify sentence in Redemption Agreement Template with DocHub:

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