Liquidity Event

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. (i) the consummation of any merger, consolidation or similar business combination of the Company with any other entity other than an affiliate of the Company and pursuant to which (A) the Company is not the surviving entity or (B) the stockholders of the Company immediately before such transaction or series of related transactions own less than fifty (50%) percent of the voting power of the surviving (or consolidated entity) immediately after such transaction, (ii) the consummation of any sale... of all or substantially all of the outstanding capital stock of the Company by the holders thereof (other than pursuant to internal reorganizations), (iii) the consummation of any sale of all or substantially all of the assets of the Company, or (iv) the consummation of any bona fide offer by a third party or Group of related parties, subject to customary conditions and approved by the Board of Directors, to purchase all or substantially all of the outstanding securities of the Company held by the Purchasers View More

Liquidity Event. Prior to July 3, 2022, (i) each date, if any, when the Sponsor has, in one or more transactions, sold at least 25% of the maximum number of Shares held by it from time to time to any Person or Group (other than the Sponsor, the Company or any of their respective Affiliates) or (ii) the date of the sale or disposition, in one or a series of related transactions, of all or substantially all of the assets of the Company and its Subsidiaries to any Person or Group (other than the Sponsor, the... Company or any of their respective Affiliates) (the transactions described in clause (ii), an "Asset Sale"). View More

Liquidity Event. The term "Liquidity Event" shall include, but shall not be limited to, (i) a sale, merger or other transaction in which the Unitholders either receive, or have the option to receive, cash, securities redeemable for cash, and/or securities of a publicly traded company, and (ii) the sale of all or substantially all of the Trust's Assets where Unitholders either receive, or have the option to receive, cash or other consideration.

Liquidity Event. (i) the effectiveness of the IPO, (ii) any merger, consolidation or business combination of the Company with any other entity Company or an affiliate of the Company and pursuant to which the Company is not the surviving entity, (iii) any sale of all or substantially all of the assets of the Company, or (iii) any bona fide offer by the Company or a third party, approved by the Company's Board of Directors, to purchase, at a price not less than fair market value, all or substantially all of the... securities of the Company View More

Liquidity Event. Each (i) issuance of any equity by any Loan Party or its Subsidiaries (other than the Rhino Call Option Equity Issuance or equity issued in exchange for any Royal Equity Contribution or Scheduled Equity Contribution), or (ii) incurrence of any Subordinated Debt.

Liquidity Event. Means the first of the following events to occur after the RSU Grant Date: (A) a Change in Control; or (B) an IPO with respect to the PubCo and the expiration following such IPO of any IPO Lockup Period resulting from or associated with the IPO. For clarity, in the event of an IPO but no Change in Control, the Liquidity Event and Initial Vesting Date shall not be deemed to occur earlier than the date any IPO Lockup Period resulting from or associated with the IPO expires.

Liquidity Event. On the date of (i) a transaction, which when aggregated, if applicable, with any other prior transaction (whether or not related) results in the cumulative sale, transfer or other disposition of 70% of the Initial Majority Stockholder Shares and with respect to which the Majority Stockholder has received only cash; or (ii) any other transaction or series of transactions (whether or not related) determined by the Board, in its sole discretion, to constitute a "Liquidity Event."

Liquidity Event. (a) a Listing Event as defined in the Agreement; (b) a sale of all or substantially all of the Company's stock (for cash or share consideration), but excluding any merger effected exclusively for the purpose of changing the domicile of the Company; (c) a sale or licensing of all or substantially all of the Company's assets, unless, in the event of a sale, the Company's shareholders of record as constituted immediately prior to such acquisition or sale will immediately after such acquisition or... sale (by virtue of securities issued as consideration for the Company's acquisition or sale or otherwise) hold at least 50% of the voting power of the surviving or acquiring entity; or (d) any combination of the foregoing. View More