Alternative Consideration - Promissory Note. At RSI's option, all or a portion of the consideration payable upon exercise of the 2001 Put Right may be paid by delivery of a promissory note (the "Note") payable in cash to a 2001 Put Exercising Holder in the amount of the 2001 Put Price payable to such 2001 Put Exercising Holder, less any cash paid pursuant to Section 7.2(b)(i). The Note shall mature on July 31, 2002, shall be non-interest bearing, and shall be prepayable at any time, at RSI's option.
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Samples: Stockholders Agreement (Reckson Services Industries Inc), Stockholders Agreement (Carramerica Realty Corp), Stockholders Agreement (Frontline Capital Group)
Alternative Consideration - Promissory Note. At RSI's ’s option, all or a portion of the consideration payable upon exercise of the 2001 Put Right may be paid by delivery of a promissory note (the "“Note"”) payable in cash to a 2001 Put Exercising Holder in the amount of the 2001 Put Price payable to such 2001 Put Exercising Holder, less any cash paid pursuant to Section 7.2(b)(i). The Note shall mature on July 31, 2002, shall be non-interest bearing, and shall be prepayable at any time, at RSI's ’s option.
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Alternative Consideration - Promissory Note. At RSI's ------------------------------------------- option, all or a portion of the consideration payable upon exercise of the 2001 Put Right may be paid by delivery of a promissory note (the "Note") payable in cash to a 2001 Put Exercising Holder in the amount of the 2001 Put Price payable to such 2001 Put Exercising Holder, less any cash paid pursuant to Section 7.2(b)(i). The Note shall mature on July 31, 2002, shall be non-interest bearing, and shall be prepayable at any time, at RSI's option.
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