LIC Qualified Distribution Transferee

Example Definitions of "LIC Qualified Distribution Transferee"
LIC Qualified Distribution Transferee. Any person that meets the following conditions: (a) at the time of any transfer to it of Common Shares, it is an Affiliate of LIC, (b) thereafter, by reason of a LIC Distribution Transaction, it ceases to be an Affiliate of LIC, and (c) prior to such transfer, it executes and delivers to Liberty a written agreement reasonably satisfactory to Liberty to be bound by, and entitled to the benefits of, this Agreement
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