Blackstone Percentage

Blackstone Percentage. The quotient of (i) the number of Shares Blackstone sells in connection with a Liquidity Event divided by (ii) the total number of Shares Blackstone holds immediately prior to such Liquidity Event. In the case of a Distribution Event, the Blackstone Percentage shall equal the quotient of (x) the aggregate amount to be received by Blackstone in connection with such Distribution Event divided by (y) the Fair Market Value of the Shares of the Company held by Blackstone immediately prior to such... Distribution Event. View More