Common use of Redemption of the Securities Clause in Contracts

Redemption of the Securities. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined below), Group Holdings hereby irrevocably submits for redemption and transfers, assigns and delivers to the Company, and the Company hereby redeems and accepts all right, title and interest in and to, the Redeemed Interests, free and clear of all liens and encumbrances of any kind, for the Redemption Price. On the Closing Date (or thereafter pursuant to Section 5.01), the Group Holdings shall deliver to the Company all instruments necessary to effect the transfer of the Redeemed Interests from Group Holdings to the Company.

Redemption of the Securities. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined below), Group Holdings hereby irrevocably submits for redemption and transfers, assigns and delivers to the CompanyGroup, and the Company Group hereby redeems and accepts all right, title and interest in and to, the Redeemed Interests, free and clear of all liens and encumbrances of any kind, for the Redemption Price. On the Closing Date (or thereafter pursuant to Section 5.01), the Group Holdings shall deliver to the Company Group all instruments necessary to effect the transfer of the Redeemed Interests from Group Holdings to the CompanyGroup.

Redemption of the Securities. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined below), Group Holdings the Company hereby irrevocably submits for redemption and transfers, assigns and delivers to the CompanyGroup Holdings, and the Company Group Holdings hereby redeems and accepts all right, title and interest in and to, the Redeemed Interests, free and clear of all liens and encumbrances of any kind, for the Redemption Price. On the Closing Date (or thereafter pursuant to Section 5.01), the Group Holdings Company shall deliver to the Company Group Holdings all instruments necessary to effect the transfer of the Redeemed Interests from the Company to Group Holdings to the CompanyHoldings.

Redemption of the Securities. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined below), Group Holdings the Member hereby irrevocably submits for redemption and transfers, assigns and delivers to the Company, Group Holdings and the Company Group Holdings hereby redeems and accepts all right, title and interest in and to, the Redeemed Profits Interests, free and clear of all liens and encumbrances of any kind, for the Redemption Price. On the Closing Date (or thereafter pursuant to Section 5.01), the Group Holdings Member shall deliver to the Company Group Holdings all instruments necessary to effect the transfer of the Redeemed redeemed Profits Interests from Group Holdings to the CompanyMember.