Alternative Payment. Should the Company not pay the Holder the Principal and Interest during the Cash Repayment Period, the Holder will hold the right to receive payment as outlined herein (the “Alternative Payment Stake”) or (“Buy Out Option”).
Appears in 4 contracts
Samples: Settlement Agreement (Cannabis Global, Inc.), Acquisition Agreement (Cannabis Global, Inc.), Sellers Acquisition Note (McTc Holdings, Inc.)
Alternative Payment. Should the Company not pay the Holder the Principal and Interest during the Cash Repayment Period, the Holder will hold the right to receive payment as outlined herein (the “Alternative Payment Stake”) or (“Buy Out Option”).
Appears in 2 contracts
Samples: Settlement Agreement (Cannabis Global, Inc.), Acquisition Agreement (Cannabis Global, Inc.)
Alternative Payment. Should the Company not pay the Holder the Principal and Interest during the Cash Repayment Period, the Holder will hold the right to receive payment as outlined herein (the “"Alternative Payment Stake”"') or (“"Buy Out Option”").
Appears in 1 contract
