Liquidity Event Deadline definition

Liquidity Event Deadline means a date contained in a Participant’s Phantom Share Award Agreement, upon which a Phantom Share expires and terminates prior to settlement.
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Liquidity Event Deadline has the meaning attributed thereto in Article 11;
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Liquidity Event Deadline means midnight Eastern time on June 30, 1999.
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Examples of Liquidity Event Deadline in a sentence

  • Where the Service-Based Requirement for a particular Restricted Stock Unit has not been satisfied, the Expiration Date is the earlier of: (i) Liquidity Event Deadline or (ii) the date of termination of Participant’s Continuous Service Status.

  • In examination of the foregoing documents, we have assumed the genuineness of all signatures and the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, photostatic of facsimile copies, and the authenticity of the originals of any such documents.

  • Where the Service-Based Requirement for a particular Restricted Stock Unit has been satisfied in whole or in part, the Expiration Date is the Liquidity Event Deadline.

  • Unvested Phantom Shares will be forfeited immediately without consideration or further payments due upon the earliest to occur of (a) a Liquidity Event (unless otherwise determined by the Board in connection with a Partial Sale), (b) the date of termination of the applicable Participant’s Continuous Service, and (c) the Liquidity Event Deadline contained in the Phantom Share Agreement.

  • If a Liquidity Event has not occurred by the Liquidity Event Deadline specified in the Grant Notice, this RSU Award Agreement shall immediately terminate as of such date and all of the RSUs (including any that have become Payable Units) will be immediately forfeited by the Grantee for no consideration without any requirement for further action.

  • There is a substantial risk that the Tokens will not become transferable prior to the Liquidity Event Deadline and the Restricted Token Units will be forfeited without consideration under the terms of this Agreement.

  • Upon the Liquidity Event Deadline, as defined in the Notice of Grant, RTUs that have not become Vested RTUs shall be forfeited at no cost to the Company and Participant will have no further rights thereunder.

  • However, as an additional Severance Benefit under this Agreement, and notwithstanding anything to the contrary in the RSU Agreement, the Company will accelerate the Service-Based Requirement with respect to 120,000 RSUs, effective as of the Effective Date, which RSUs will remain outstanding and will be settled upon the occurrence of a Liquidity Event that occurs prior to the Liquidity Event Deadline (as each such term is defined in the RSU Agreement).

  • Participant:Date of Grant:First Vest Date:Liquidity Event Deadline:Number of RSUs:Expiration Date: The Expiration Date for an RSU is the earlier of: (1) Liquidity Event Deadline or (2) the date of termination of Participant’s Continuous Service.

  • In all other instances, Equity Office may grant or withhold its consent to any extension of the Liquidity Event Deadline in its sole discretion.


More Definitions of Liquidity Event Deadline

Liquidity Event Deadline means the date that is or prior to June 21, 2032, as such date may be extended by one year in the sole discretion of the Board of Directors of the Borrower in accordance with the Governing Agreement and Subscription Agreements.
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Related to Liquidity Event Deadline

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

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

  • Delay Event means any event set out at Clause 5.19.4 [Delay Events].

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

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • LCA Test Date has the meaning specified in Section 1.03(e).

  • Event Determination Date means either:

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

  • Opt-Out Deadline means the deadline set by the Court for the timely submission of requests by Settlement Class Members to be excluded from the Settlement Class.

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).