Distribution Event

Distribution Event. Any insolvency, bankruptcy, receivership, liquidation, reorganization or similar proceeding (whether voluntary or involuntary) relating to the Company or its property, or any proceeding for voluntary or involuntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy

Distribution Event. Shall mean (a) a liquidation, dissolution or winding up of the Company, (b) any transaction or series of transactions which results in the disposition to a Person or group of affiliated Persons of greater than fifty percent (50%) of the voting power of the Company, (c) any merger, consolidation, share exchange or other form of corporate reorganization in which the Company is a party in which the outstanding shares of the Company are issued or exchanged for securities or other consideration... issued, or caused to be issued, whereby holders of the voting stock of the Company immediately prior to such transaction hold less than fifty percent (50%) of the voting power of the Company immediately after such transaction, or (d) the sale of all or substantially all of the assets of the Company. View More

Distribution Event. Means any of the events listed in Section 12, "Change of Control," with the following modification: the words, "Approval by the shareholders of the Company of," in the first line of Sections 12(c) and 12(d) are replaced for purposes of this Section 5(d) with the words, "Consummation of, i.e., actual change in ownership of ----- Stock, 1 Outstanding Company... Voting Securities, and/or assets of the Company or its principal subsidiary by reason of,". View More

Distribution Event. Means any of the events permitting distribution of all or a portion of a Participant's Deferral Account described at Section 6(a) hereof.

Distribution Event. The record date of any dividend or distribution made by the Company to Blackstone (subject to Section 5(b)), other than any dividend or distribution by the Company with a record date prior to, or as of, an IPO.

Distribution Event. Earliest to occur of: (a) death, (b) Disability, (c) Change in Control, or (d) a date in 2012 to be determined by the Board. For the avoidance of doubt, termination of employment is not a Distribution Event

Distribution Event. The first to occur of a Change in Control with respect to such Participant or December 31, 2021