Liquidity Event
Liquidity Event. The sale or sales by Sponsor, in one or a series of transactions, of at least 50% of their aggregate direct or indirect equity interest in the Company to any Person or Persons (other than an Affiliate) in which Sponsor receives cash or marketable securities.
Liquidity Event. The meaning ascribed to such term in the Notes, as amended from time to time
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Found in
BREEZE-EASTERN LLC contract