Liquidity Event Date definition

Liquidity Event Date means the date of the closing of a Liquidity Event. Notwithstanding the foregoing, no Shares shall vest on any vesting date specified above unless Employee is then, and since the date of grant has continuously been, employed by the Company or its subsidiaries.
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Liquidity Event Date means the date on which a Liquidity Event occurs, is scheduled to occur or is reasonably expected to occur.
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Liquidity Event Date means the date of satisfaction of the Liquidity Event Condition.
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Examples of Liquidity Event Date in a sentence

  • If the Board of Trustees determines that under then current market conditions it is in the best interests of the Fund to do so, the Fund may extend the Liquidity Event Date for one year, to July 28, 2024, without a shareholder vote.

  • Upon the occurrence of an IPO Liquidity Event (and provided that Executive is employed with the Company or one of its Subsidiaries on the applicable IPO Liquidity Event Date), 100% of the Performance Vesting Shares shall vest on the IPO Liquidity Event Date.

  • The Liquidity Event Date can be further extended beyond July 28, 2024 if approved by 75% of the trustees followed by approval by 75% of the outstanding voting securities of the Fund.

  • The Shares shall vest in accordance with the provisions of this Paragraph 6 and applicable provisions of the Plan (if not earlier in accordance with the Plan, including Section 6 of the Plan), as follows: 100% of the Shares will vest on the earlier to occur of: - October 7, 2005; or - a Liquidity Event Date (as defined below).

  • In accordance with Section 4(c)(ii) through (iv), 194.789958 Restricted Shares shall be eligible to vest upon the occurrence of either a Change of Control or an IPO Liquidity Event, provided the Executive is employed with the Company or one of its Subsidiaries on the Change of Control Date or IPO Liquidity Event Date, as applicable, as set forth in the requirements of this Section 4(c) (the “Performance Vesting Shares”).

  • Upon the occurrence of an IPO Liquidity Event (and provided that the Executive is employed with the Company or one of its Subsidiaries on the applicable IPO Liquidity Event Date), 100% of the Performance Vesting Shares shall vest on the IPO Liquidity Event Date.

  • Notwithstanding the foregoing, in the event that a Liquidity Event Date that relates to an initial public offering occurs on or before October 7, 2005, 100% of the Shares shall vest on that date which is the six-month anniversary of the closing of the initial public offering.

  • If the Participant’s Service terminates for any reason on or after the Liquidity Event Date, then all Units that are not then Vested Units shall be subject to the Company Reacquisition Right immediately upon the Participant’s termination of Service.

  • From and after any date when Consolidated Net Liquidity is less than or equal to $300,000,000 (the "Liquidity Event Date"), permit the aggregate Restricted Expenditures by Borrower and its Subsidiaries to exceed $200,000,000 in any year, which year shall be measured from the Liquidity Event Date and each anniversary thereof.

  • In accordance with Section 4(c)(ii) through (iv), 779.1675 Restricted Shares shall be eligible to vest upon the occurrence of either a Change of Control or an IPO Liquidity Event, provided the Executive is employed with the Company or one of its Subsidiaries on the Change of Control Date or IPO Liquidity Event Date, as applicable, as set forth in the requirements of this Section 4(c) (the “Performance Vesting Shares”).


More Definitions of Liquidity Event Date

Liquidity Event Date means the date of satisfaction of the Liquidity Event Condition (as defined in the Grant Notice).
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Liquidity Event Date means the effective date on which the closing or consummation of a Liquidity Event occurs.
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Liquidity Event Date means any date on which any Note matures -------------------- and CRC does not have sufficient funds available to it to pay such Note.
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Liquidity Event Date means the first to occur, if any, of: (i) the date that is the earlier of (A) six (6) months after the effective date of the Initial Public Offering or (B) the 15th day of the third month following the end of the later of (x) the Company’s fiscal year in which the Initial Public Offering is declared effective; and (y) the calendar year in which the Initial Public Offering is declared effective; and (ii) the time immediately prior to the consummation of a Change in Control.
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Liquidity Event Date means the earlier to occur of (i) the closing of a Change of Control, (ii) the effective date of the dissolution of the Company or (iii) the first date on or after the 180th day after the closing of the Company’s initial public offering that the Company has a broker-assisted cashless exercise program in effect. The provisions of this Clause 5.7 shall be applicable to any such stock option notwithstanding anything express or implied to the contrary in any equity incentive plan of the Company under which any such stock option was granted or in the stock option agreement that pertains to any such stock option.
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Liquidity Event Date means (i) August 31, 2021, for a Liquidity Event consummated on or before March 1, 2022 or (ii) for all other Liquidity Events, the pricing date of the IPO or the closing date of the Trade Sale, as applicable.
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Related to Liquidity Event Date

  • Liquidity Event means a Change of Control or an IPO.

  • Event Date shall have the meaning set forth in Section 2(d).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Investment Date means the date of the Investment Commitment Closing.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Equity Event is the receipt by Borrower on or after the Effective Date of unrestricted net cash proceeds of not less than Forty Million Dollars ($40,000,000.00) from the issuance and sale by Borrower of its equity securities, on or before March 31, 2016 and the receipt of evidence thereof by Collateral Agent on or before such date, which evidence must be reasonably acceptable to Collateral Agent.

  • Reinvestment Event any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Expected Principal Payment Date means March 15, 2022.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Deemed Liquidation Event means (a) a merger or consolidation in which (i) the Corporation is a constituent party or (ii) a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of (1) the surviving or resulting corporation; or (2) if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (b) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger, consolidation or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Liquidity Termination Date means the earlier to occur of the following:

  • Early Amortization Event means the occurrence of any of the following:

  • Deferred Net Cash Proceeds Payment Date shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Index Related Payment Date means, in relation to any Indexand an IndexDetermination Date, any payment date under the Preference Shares for which the amount payable is calculated by reference to the Indexas determined on such IndexDetermination Date;

  • Step Up Event means a failure to meet the Minimum Rating Requirement at any time, unless:

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Fall Away Event means such time as the Notes shall have an Investment Grade Rating and the Company shall have delivered to the Trustee an Officers’ Certificate certifying that the foregoing condition has been satisfied.

  • Reduction Event means any of the following:

  • ii) Event means any event described in Section 11(a)(ii) hereof.

  • Delay Event means: (i) a tsunami, flood, cyclone, earthquake, bushfire or other act of nature; (ii) riot, civil commotion, war, invasion or a terrorist act; (iii) an imminent threat of an event in paragraphs (i) or (ii); or (iv) compliance with any lawful direction or order by a Government Agency;

  • Holding Limit Event means, assuming the investor is the Issuer and/or any of its affiliates, the Issuer together with its affiliates, in aggregate hold, an interest in the Underlying Stock, constituting or likely to constitute (directly or indirectly) ownership, control or the power to vote a percentage of any class of voting securities of the Underlying Stock, of the Underlying Stock in excess of a percentage permitted or advisable, as determined by the Issuer, for the purpose of its compliance with the Bank Holding Company Act of 1956 as amended by Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Volcker Rule), including any requests, regulations, rules, guidelines or directives made by the relevant governmental authority under, or issued by the relevant governmental authority in connection with, such statutes.

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.