Available Liquidation Preference definition

Available Liquidation Preference has the meaning set forth in Section 3.5.

Examples of Available Liquidation Preference in a sentence

  • Commencing on the Closing Date, the Counterparty will have the absolute, irrevocable and unconditional right to sell to the Trust pursuant to Section 3.2 Shares having an aggregate liquidation preference equal to $500,000,000 (as adjusted from time to time in accordance with this Section 3.5, the "Available Liquidation Preference").

  • The Available Liquidation Preference shall be subject to reduction in the manner set forth in subsections (a) and (b) below.