Liquidity Option definition

Liquidity Option shall refer to a means by which U.S. holders of Class A ordinary shares can monetize their investment in the Class A ordinary shares: (a) through an alternative trading system, or ATS, as defined in SEC Regulation ATS, a bulletin board connecting potential buyers with potential sellers in compliance with SEC guidelines, brokerage transactions or other means reasonably expected to provide Class A shareholders with an ability to sell their Class A ordinary shares on a continuous or episodic basis; (b) pursuant to a repurchase offer or tender offer, effected in compliance with applicable securities laws; or (c) pursuant to a best efforts secondary offering qualified by the SEC pursuant to Regulation A or similar rules in effect at such time, which secondary offering shall be filed with the SEC not later than three months following such seven-year anniversary. The obligation to effect a sale of the Painting in the absence of a Liquidity Option can only be waived by the holders of a majority of the Voting Shares.
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Liquidity Option has the meaning assigned to such term in Section 2 of the Liquidity Agreement.
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Liquidity Option means the mechanism to assist SAB Zenzele Retailer Shareholders who:
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Examples of Liquidity Option in a sentence

  • If the Holder does not provide the Corporation with notice of its selection by the expiry of the Liquidity Option Period, it shall be deemed to have selected the Conversion Option.

  • The undersigned elects to retain the Shares and not to participate in the PMF Offer (Early Liquidity Option).

  • The undersigned is aware that in the event the PMF Offer (Early Liquidity Option) is cancelled, the proceeds for the undersigned’s Interest will be paid entirely in-kind in the form of Shares, and the undersigned will receive no cash proceeds.

  • From time to time, the Pittsburgh Bank may elect to grant to the MPF Provider a 100% participation in all the Agency Loans funded pursuant to Delivery Commitments entered into by the Pittsburgh Bank on a given Business Day after the MPF Provider has received notice from the Pittsburgh Bank of its intent to exercise this Liquidity Option (“Designated Loans”).

  • The Cu atoms have a mixed valency with the majority being metallic Cu (red), and the remainder being Cu1+ (blue), as shown in Figure 5e.

  • Credit risk indicatorTargetPortfolio average credit rating: County FundPension Fund Liquidity (Option 1): – The Council has adopted a voluntary measure of its exposure to liquidity risk by monitoring the amount of cash available to meet unexpected payments within a rolling three month period, without additional borrowing.

  • Table 6: Liquidity risk indicator • Liquidity Option 2 – The Council has adopted a voluntary measure of its exposure to liquidity risk by monitoring the amount it can borrow each quarter without giving prior notice.

  • The Council has adopted measures to monitor its liquidity risk and can use either Liquidity risk indicator Option 1 or Option 2 below, as appropriate.• Liquidity Option 1 – The Council has adopted a voluntary measure of its exposure to liquidity risk by monitoring the amount of cash available to meet unexpected payments within a rolling one-month period, without additional borrowing.

  • A MPF Bank, acting in the capacity of a Lead Bank, may grant a Participation Interest to one or more Participant Banks notwithstanding that the subject Delivery Commitment is also subject to a Liquidity Option Notice exercised by the Lead Bank.

  • The MPF Bank will provide a Liquidity Option Notice to the MPF Provider in accordance with the Services Agreement.


More Definitions of Liquidity Option

Liquidity Option means that certain Stock Option, dated as of October 31, 2013, issued to Cxxxxxx Xxxxxx to purchase 400,000 Shares, which vest upon a “Liquidity Event” to the extent set forth in Section 3 thereof.
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Liquidity Option has the meaning specified in Section 7.3.
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Related to Liquidity Option

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Aggregate Option Exercise Price means the aggregate exercise price of all Company Stock Options that are outstanding as of immediately prior to the Effective Time.

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Company Option means an option to purchase shares of Company Common Stock.

  • Termination Price As defined in Section 9.01.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.