Complete Exit Event definition
Complete Exit Event means the occurrence of either a Liquidity Company Sale or a Liquidity Initial Public Offering.
Examples of Complete Exit Event in a sentence
At any time prior to the first anniversary of the Closing Date, the Preferred Units shall be subject to redemption, in whole (but not in part) concurrently with a Complete Exit Event at the option of the Company at a redemption price per unit equal to the Liquidation Value (as of the date of such redemption) of each such Preferred Unit to be so redeemed plus the applicable Redemption Amount with respect to each such Preferred Unit to be redeemed.