Liquidity Event definition

Liquidity Event means a Change of Control or an IPO.

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Liquidity Event means a Change of Control or an Initial Public Offering.

Liquidity Event means a Listing or any merger, reorganization, business combination, share exchange or acquisition by any Person or related group of Persons of beneficial ownership of all or substantially all of the Shares in one or more related transactions, or another similar transaction involving the Company, pursuant to which the Stockholders receive cash or the securities of another issuer that are listed on a national securities exchange, as full or partial consideration for their Shares.

Examples of Liquidity Event in a sentence

Upon such conversion of this Note, Investor hereby agrees to execute and deliver to the Company all transaction documents reasonably requested by the Company in connection with the Liquidity Event.
Any Liquidity Event may be made on a number of exchanges (or no exchange) or other markets in the United States or any other jurisdiction.
If a Liquidity Event occurs prior to the conversion or payment in full of the principal amount of this Note, then the then outstanding principal amount of this Note and all accrued and unpaid interest on this Note shall automatically convert into fully paid and nonassessable shares of Common Stock, immediately prior to the consummation of Liquidity Event, at the Liquidity Event Conversion Price, with any fractional shares rounded up.
If a Liquidity Event occurs prior to the conversion or payment in full of the principal amount of this Note, then the then outstanding principal amount of this Note and all accrued and unpaid interest on this Note shall automatically convert into fully paid and nonassessable shares of the Company’s common stock at the Liquidity Event Conversion Price, with any fractional shares rounded up.
Any conversion of this Note pursuant to Section 4(b) shall be deemed to have been made upon the closing of the Liquidity Event and on and after such date the Persons entitled to receive the shares issuable upon such conversion shall be treated for all purposes as the record holder of such shares.

More Definitions of Liquidity Event

Liquidity Event means a Listing or any merger, reorganization, business combination, share exchange, acquisition by any Person or related group of Persons of beneficial ownership of all or substantially all of the Shares of the Company in one or more related transactions, or similar transaction involving the Company pursuant to which the Shareholders receive for their Shares, as full or partial consideration, cash, Listed or non- Listed equity Securities or combination thereof: (a) a Listing; (b) a sale or merger in a transaction that provides Shareholders with cash and/or securities of a publicly traded company; or (c) a sale of all or substantially all of the assets of the Company for cash or other consideration.

Liquidity Event means, whether occurring through one transaction or a series of related transactions, any liquidation, dissolution or winding up, voluntary or involuntary, of the Company.

Liquidity Event shall include, but shall not be limited to, (i) a Listing, (ii) a sale, merger or other transaction in which the Stockholders either receive, or have the option to receive, cash, securities redeemable for cash, and/or securities of a publicly traded company, and (iii) the sale of all or substantially all of the Corporation’s Assets where Stockholders either receive, or have the option to receive, cash or other consideration.

Liquidity Event means the first to occur of the following: (i) an OP Unit Transaction, (ii) a Listing, or (iii) a Termination Without Cause.

Liquidity Event means an offering of the Common Stock (or units consisting of Common Stock and warrants to purchase Common Stock) of C-Corp. of resulting in the listing for trading of such Common Stock on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, or the New York Stock Exchange (or any successors to any of the foregoing).

Liquidity Event means any of the following:

Liquidity Event means the occurrence of a date when (a) Adjusted Availability shall have been less than the greater of (i) 10% of the Line Cap and (ii) $10,000,000, in either case for five consecutive Business Days, until such date as (b) Adjusted Availability shall have been at least equal to the greater of (i) 10% of the Line Cap and (ii) $10,000,000 for 30 consecutive calendar days.