Liquidation Date

Liquidation Date. For purposes of this Agreement, "Liquidation Date" shall mean the earlier of: i) the date that the sale of the entire Company is legally closed; ii) the date that the sale of the Company's last remaining business is legally closed; iii) the date that the Company's Board of Directors, in its sole discretion, determines that the Company will not continue with the sale of the Company's remaining businesses; or iv) the date which is two years after the effective date of this Agreement.

Liquidation Date. The date on which the Transaction is declared to be in Liquidation pursuant to Section 6.1