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.
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.
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.
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.
We are entering a crucial period now.• Proponents of more traditional methods of organizing health care (curative, physician- centred, fee-for-service, etc.) still hold considerable power.
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.
Equity Office may advance the Liquidity Event Deadline if Inktomi breaches the covenants in Sections 3.1.1 or 3.1.4, above, in which event (i) the Participation Date for determining the Appraised Value shall be the date immediately preceding Inktomi's breach of such covenant, and (ii) the Appraisal Determination shall be made as if such breach had not occurred.
If Inktomi fails to consummate a Liquidity Event in accordance with this Agreement by the Liquidity Event Deadline (as the same may be changed under Section 3.5.1 above), and provided that Inktomi has not previously exercised the Put Option, then Equity Office shall have the right to obtain an Arbitration Determination of the Appraised Value of the Bayside Project, by delivering written notice (the "ARBITRATION NOTICE") of such election to Inktomi.
In the event that the Liquidity Event has not occurred by the Liquidity Event Deadline, Rights Units shall be issued pursuant to and in accordance with the terms of the Rights, and the Registration Statement will also cover the resale of the Common Shares comprising in part the Rights Units, the Common Shares issuable upon exercise of the Warrants which comprise in part, the Rights Units.
The "RELEASE AMOUNT," shall be the lesser of (i) the Participation Payment specified in Equity Office's notice of disapproval delivered under Section 3.1.3 above, or, if Equity Office has previously approved a Liquidity Event, but the Liquidity Closing occurs after the Liquidity Event Deadline, then the Estimate designated by Equity Office under Section 3.6.2, below, or (ii) Two Million Five Hundred Thousand Dollars ($2,500,000.00).