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What is a redemption in corporate law?

In tax parlance, a redemption is a call, initiated by the corporation, of a shareholders shares back to the corporation at an amount not in excess of the amount stated in the articles or calculated ing to a formula stated in the articles.

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 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.

What is 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. Selling Your Interest in a Business: Redemption Agreements hnwlaw.com business-law passing-on-a-business hnwlaw.com business-law passing-on-a-business

Does redemption mean to buy back?

Repurchases and Redemptions Share repurchases are a popular method for returning cash to shareholders and are strictly voluntary on the part of the shareholder. Redemptions are when a company requires shareholders to sell a portion of their shares back to the company.

What is the redemption clause in a shareholders agreement?

The redemption clauses and mechanisms may vary considerably from one agreement to the next. In some cases, the redemption clause will allow other shareholders to purchase the former shareholders shares. In other cases, the corporation will buy back the shares. Shareholders agreements - RBC Wealth Management rbcwealthmanagement.com en-ca insights rbcwealthmanagement.com en-ca insights

What is a redemption contract note?

Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of Redemption Contract Definition | Law Insider lawinsider.com dictionary redemption-c lawinsider.com dictionary redemption-c

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Put in sentence in the Redemption Agreement Template

Put in sentence in Redemption Agreement Template trouble-free with DocHub.

How to put in sentence in Redemption Agreement Template without breaking a sweat:

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