Charlesbank Liquidation Event

Charlesbank Liquidation Event. Any event (including but not limited to any distribution, dividend, Sale Event, or other liquidity event) as a result of which Charlesbank receives cash and/or Liquid Securities from the Company or from a third party in connection with such third party's purchase of equity securities of the Company owned by Charlesbank; provided, however, that any payment of cash to Charlesbank from the Company (i) which is not directly in respect of equity securities of the Company owned by Charlesbank (such... as management fees, consulting fees or expenses reimbursements) or (ii) to make a Permitted Charlesbank Repurchase shall not be deemed a "Charlesbank Liquidation Event." View More