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Redemption Documents means the documents related to any Redemption by the Company delivered pursuant to Section 5.16, all of which shall have been approved by the Existing Notes Trustee. Redemption Documents .
form agreement for the redemption of a minority membership interest in a limited liability company (LLC). This Standard Document assumes that the redeeming member is selling its entire membership interest back to the LLC at the closing of the redemption.
A stock redemption is a transaction in which a corporation acquires its own stock from a shareholder in exchange for cash or other property. The redeeming corporation generally does not recognize gain or loss, unless it distributes appreciated property.
A stock redemption agreement is a buy-sell agreement between a private corporation and its shareholders. The agreement stipulates that if a triggering event occurs, the company will purchase shares from the shareholder upon their exit from the company.
A redemption agreement is a legal contract between a corporation and its shareholders that specifies how the corporation can redeem or repurchase the shares of a shareholder who wants to exit the business or who passes away.