Example ContractsClausescancellation rightIdentical
Cancellation Right
Cancellation Right contract clause examples

Cancellation. After all principal and interest and the Commitment Fee owed on this Note have been paid in full, this Note will automatically be deemed canceled, will be surrendered to the Company for cancellation, and will not be re-issued.

DEBT SATISFACTION AGREEMENT
Source: SEC EDGAR database • Date: September 29, 2023 • SIC: 2080 • CIK: 2080

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.