Common use of The Redemption Clause in Contracts

The Redemption. By this instrument, immediately following the Exchange, subject to the terms and conditions set forth herein, without any further action by Coinvest or Seller, Seller shall transfer its Coinvest Interests to Coinvest, free and clear of all liens, encumbrances, claims or security interests, in exchange for the Company Interests attributable to Seller’s Coinvest Interests, and Coinvest shall redeem the Coinvest Interests from Seller for cancellation.

Appears in 4 contracts

Sources: Exchange, Redemption and Sale Agreement (Unitek Interposed LP), Exchange, Redemption and Sale Agreement (Unitek Interposed LP), Exchange, Redemption and Sale Agreement (Unitek Interposed LP)