Redemption of the Securities. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined below), MNCC hereby irrevocably submits for redemption and transfers, assigns and delivers to Group, and 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), MNCC shall deliver to Group all instruments necessary to effect the transfer of the Redeemed Interests from MNCC to Group.
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Samples: Redemption Agreement (Manning & Napier, Inc.), Redemption Agreement (Manning & Napier, Inc.), Redemption Agreement (Manning & Napier, Inc.)
Redemption of the Securities. Subject to the terms and conditions set forth in this Agreement, on the Closing Date (as defined below), MNCC the Member hereby irrevocably submits for redemption and transfers, assigns and delivers to Group, MNCC and Group MNCC hereby redeems and accepts all right, title and interest in and to, the Redeemed InterestsUnits, 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), MNCC the Member shall deliver to Group MNCC all instruments necessary to effect the transfer of the Redeemed Interests redeemed Units from MNCC to Groupthe Member.
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