Common use of Cash Repayment Period Clause in Contracts

Cash Repayment Period. The Company shall pay to the Holder the Principal and Interest on or before the Maturity Date (the “Cash Repayment Period”). If the Company does not pay Principal and Interest during the Cash Repayment Period and prior to the Maturity Date, the Company shall lose the right for cash payment of Principal and Interest and shall pay off the Note upon demand of the Holder any time during the established period and in accordance with the term outlined herein (the “Alternative Payment Period”)

Appears in 4 contracts

Samples: Settlement Agreement (Cannabis Global, Inc.), Acquisition Agreement (Cannabis Global, Inc.), Sellers Acquisition Note (McTc Holdings, Inc.)

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Cash Repayment Period. The Company shall pay to the Holder the Principal and Interest on or before the Maturity Date (the "Cash Repayment Period''). If the Company does not pay Principal and Interest during the Cash Repayment Period and prior to the Maturity Date, the Company shall lose the right for cash payment of Principal and Interest and shall pay off the Note upon demand of the Holder any time during the established period and in accordance with the term outlined herein (the “Alternative Payment Period”)herein.

Appears in 1 contract

Samples: Compensation Note (Cannabis Global, Inc.)

Cash Repayment Period. The Company shall pay to the Holder the Principal and Interest on or before the Maturity Date (the “Cash Repayment Period”). If the Company does not pay Principal and Interest during the Cash Repayment Period and prior to the Maturity Date, the Company shall lose the right for cash payment of Principal and Interest and shall pay off the Note upon demand of the Holder any time during the established period and in accordance with the term outlined herein (the “Alternative Payment Period”)herein.

Appears in 1 contract

Samples: Acquisition Agreement (Cannabis Global, Inc.)

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Cash Repayment Period. The Company shall pay to the Holder the Principal and Interest on or before the Maturity Date (the “Cash Repayment Period”). If the Company does not pay Principal and an Interest during the Cash Repayment Period and prior to the Maturity Date, the Company shall lose the right for cash payment of Principal and Interest and shall pay off the Note upon demand of the Holder any time during the established period and in accordance with the term outlined herein (the he “Alternative Payment Period”).

Appears in 1 contract

Samples: Settlement Agreement (Cannabis Global, Inc.)

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