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 has the meaning specified in Section 7.3.
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Examples of Liquidity Option in a sentence

  • 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.

  • Pursuant to the issuance of such Liquidity Option Notice, the MPF Provider hereby agrees to acquire a 100% participation in the Program Loans funded or purchased under any Delivery Commitments requested by the Boston Bank’s PFIs, such Delivery Commitments shall be issued as Designated Delivery Commitments.

  • The MPF Provider’s 100% participation in the Program Loans funded or purchased under Designated Delivery Commitments shall be pursuant to a Liquidity Option MPF Participation Agreement, which shall be in a form mutually acceptable to the parties.

  • The MPF Provider hereby agrees to acquire a 100% participation in the Designated Loans designated by the Pittsburgh Bank, pursuant to a MPF Liquidity Option Participation Agreement in a form mutually acceptable to the parties.

  • 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”).

  • 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.

  • Life Income with Liquidity (Option 9) PERIOD CERTAIN 15 Years JOINT & SURVIVOR PERCENTAGE 100% FLOOR PAYMENT $450 BASIS OF ANNUITY TABLES.....................

  • The Confirmation shall specify the Participation Interest transferred to the MPF Provider pursuant to the Liquidity Option Notice and the Participation Interest transferred to one or more MPF Banks and shall conform to any requirements set forth in the FHLB Guide.

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

  • Any provisions in any Services Agreement or other document between the MPF Provider and any MPF Bank which would contravene this section are hereby superseded but this Section shall not be construed to alter or expand any provisions pertaining to the issuance of a Liquidity Option Notice under a Services Agreement.


More Definitions of Liquidity Option

Liquidity Option means that certain Stock Option, dated as of October 31, 2013, issued to C▇▇▇▇▇▇ ▇▇▇▇▇▇ 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 means the mechanism to assist SAB Zenzele Retailer Shareholders who:
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Liquidity Option has the meaning ascribed to it in Section 9.09(b)(ii).
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Related to Liquidity Option

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

  • Optional Purchase Percentage means 5%.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to Exercise the Option.

  • 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), paragraph (d) of Clause 10.3 (Mandatory repurchase due to a Put Option Event) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.