Common use of Timing of Redemption Clause in Contracts

Timing of Redemption. The Redemption will occur concurrent with and conditional upon the Acquisition Closings. If for any reason the Acquisition Closings do not occur, ACG will not be obligated to redeem, and the Note Holders will not be obligated to accept ACG's offer of redemption of, the Note in accordance with the terms and conditions of the Agreement.