Liquidity Event

Liquidity Event. Means (i) the sale of all, or substantially all, of the Company's consolidated assets, including, without limitation, a sale of all or substantially all of the assets of the Company or any of its subsidiaries whose assets, constitute all or substantially all of the Company's consolidated assets, in any single transaction or series of related transactions or (ii) any merger or consolidation of the Company with or into another entity unless, after giving effect to such merger or consolidation,... the holders of the Company's shares (on a fully-diluted basis) immediately prior to the merger or consolidation, own shares or other equity interests (on a fully-diluted basis) of the surviving or resulting corporation or other entity representing a majority of the outstanding voting power to elect directors of the surviving or resulting corporation (or the general partner of a surviving partnership) in the same proportions that they held their shares prior to such merger or consolidation. View More

Liquidity Event. Means a sale by Blackstone of its entire interest in the Company and Graham Packaging Company, L.P., if and only if such event constitutes a change in effective control or ownership of the Company and Graham Packaging Company, L.P., within the meaning of Section 409A of the Code.

Liquidity Event. The occurrence of the sale or other dispositions of 100% of the ownership interests of the Company.

Liquidity Event. An IPO or a Sale Event.

Liquidity Event. Means the conversion of Axion into a company with shares publicly traded on a major North American securities exchange.

Liquidity Event. Shall mean (i) an acquisition of the LENDER in which the stockholders of the LENDER receive cash or publicly traded securities in exchange for their shares of stock of the LENDER, or (ii) the 1 first public offering by the LENDER of shares of its capital... stock pursuant to a registration statement on Form S-1 under the Securities Act of 1933. View More

Liquidity Event. Means the occurrence of any of the following in one transaction or series of related transactions: (i) the direct or indirect sale by Borrower of all or substantially all of the equity interests of the Company; (ii) the contribution of all or substantially all of the equity interests of the Company to another entity in exchange for consideration including securities of such entity (or any of such entity's affiliates); (iii) a merger or consolidation of the Company into another entity in... connection with which the holders of equity interests of the Company receive cash from, and/or securities of, such entity; (iv) the direct or indirect sale of any of the real property assets owned directly or indirectly by the Company; (v) the consummation of an offering of securities by the Company; (vi) the refinancing of any existing indebtedness of the Company (except to the extent the proceeds of such refinancing are used by the Company in connection with its operations); and (vii) any similar transaction. View More

Liquidity Event. A Control Transfer, Initial Public Offering or Partial Sale.

Liquidity Event. Means the consummation of an underwritten public offering of Common Stock pursuant to an effective registration statement under the Securities Act of 1933, as amended (a "Public Offering").

Liquidity Event. Shall mean any Qualified IPO, sale of all or substantially all of the assets of the Parent or of the Company and its Subsidiaries, or any sale of Shares of the Parent by any of the Sponsor Purchasers (including sales by merger or consolidation), or any recapitalization of the Parent or the Company as a result of which any of the Sponsor Purchasers receives cash in respect of any of its Shares. "Liquidity Event" shall also be deemed to have occurred, commencing with the first anniversary of a... Qualified IPO and quarterly thereafter for so long as the Shares are listed by NASDAQ or on a national securities exchange, if the trailing twelve-month average price for the listed Shares is such that a hypothetical sale of the Sponsor Purchasers' remaining Shares at that price would satisfy the applicable Vesting Threshold Return for a tranche of Performance Based Options, regardless of whether any of the Sponsor Purchasers has in fact sold Shares. View More