Liquidation Event Effective Date definition
Examples of Liquidation Event Effective Date in a sentence
In connection with such automatic exchange, the Parent will provide to the Shareholders an Officer's Certificate setting forth the calculation of the purchase price for each Exchangeable Non-Voting Share, together with a notice of the anticipated Liquidation Event Effective Date.
To effect such automatic exchange, Parent shall be deemed to have purchased each outstanding Class B Share held by Class B Shareholders on the Liquidation Event Effective Date, and each Class B Shareholder shall be deemed to have sold the Class B Shares held by it at such time to Parent, for an amount per share equal to the Class B Share Consideration applicable on the Business Day prior to the Liquidation Event Effective Date (collectively, the "Liquidation Event Purchase Price").
The purchase price for each such Exchangeable Share so purchased may be satisfied only by USCo or CallCo, as applicable, delivering or causing to be delivered to the Trustee, on behalf of the relevant Beneficiary, that number of USCo Common Stock equal to the Exchange Ratio as at the sixth Business Day prior to the USCo Liquidation Event Effective Date, such purchase price to be paid in accordance with Section 5.12(d) (but less any amounts withheld pursuant to Section 5.13).
In connection with such automatic exchange, the Parent will provide to the Trustee and the Shareholders an Officer's Certificate setting forth the calculation of the purchase price for each Exchangeable Share, together with a notice of the anticipated Liquidation Event Effective Date.
In connection with such automatic exchange, Patch will provide to the Trustee and the Shareholders an Officer's Certificate setting forth the calculation of the purchase price for each Exchangeable Share, together with a notice of the anticipated Liquidation Event Effective Date.