Example ContractsClausesno stop ordersVariants
No Stop Orders
No Stop Orders contract clause examples

In consideration for its capital contribution pursuant to Section 2.01, at the Closing, [[Organization A:Organization]] agrees to issue to One Stop 750,000 membership interest units in [[Organization A:Organization]] (“One Stop Interest”), free and clear of all Encumbrances except for those Encumbrances set forth in the Primary [[Organization A:Organization]] Agreement. Upon issuance by [[Organization A:Organization]] of the One Stop Interest to One Stop, the One Stop Interest # will be duly authorized and validly issued and # represent a 50% ownership interest in the [[Organization A:Organization]].

Source document

In consideration for its capital contribution pursuant to Section 2.02, at the Closing, [[Organization A:Organization]] agrees to issue to Jacoma 750,000 membership interest units in [[Organization A:Organization]] (“Jacoma Interest”; and together with the One Stop Interest, the “[[Organization A:Organization]] Interests”), free and clear of all Encumbrances except for those Encumbrances set forth in the Primary [[Organization A:Organization]] Agreement. Upon issuance by [[Organization A:Organization]] of the Jacoma Interest to Jacoma, the Jacoma Interest # will be duly authorized and validly issued and # represent a 50% ownership interest in the [[Organization A:Organization]].

Source document

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.