Common use of SECTION THREE – ALTERNATIVE PAYMENT OF THE NOTE Clause in Contracts

SECTION THREE – ALTERNATIVE PAYMENT OF THE NOTE. e) In the event the Maturity Date is extended due to non-payment during the Cash Repayment Period, the holder shall two options for repayment via an Alternative Payment Stake.

Appears in 3 contracts

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

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SECTION THREE – ALTERNATIVE PAYMENT OF THE NOTE. e) 4. In the event the Maturity Date is extended due to non-non payment during the Cash Repayment Period, the holder shall two options for repayment via an repayment: 1) An Alternative Payment Stake, or 2) Buy Out Option.

Appears in 1 contract

Samples: Acquisition Agreement (Cannabis Global, Inc.)

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SECTION THREE – ALTERNATIVE PAYMENT OF THE NOTE. e) In the event the Maturity Date is extended due to non-non payment during the Cash Repayment Period, the holder shall two options for repayment via an repayment: 1) An Alternative Payment Stake, or 2) Buy Out Option.

Appears in 1 contract

Samples: Acquisition Agreement (Cannabis Global, Inc.)

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