Liquidation Events definition
Examples of Liquidation Events in a sentence
In the event that the total consideration received by the Investors in such Deemed Liquidation Events is not sufficient to realize the Guaranteed Minimum Investment Return of the Investors, NIO Inc.
The Series C-1 Preferred Stock rank pari passu with the shares of Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series B-1 Preferred Stock and Series C Preferred stock (collectively with the Series C-1 Preferred Stock, the “Preferred Stock”) and senior to the Common Stock of the Company (“Common Stock”) with respect to dividends and payment upon Liquidation Events (as defined in the Company’s Sixth Amended and Restated Certificate of Incorporation).
Upon the occurrence of one or more of the Liquidation Events listed below, SIEMENS shall provide to Escrow Agent and to COMPANY, via certified mail, return receipt requested, an affidavit of an officer of SIEMENS reciting the occurrence of such event.
This Agreement shall bind and inure to the benefit of the respective successors and permitted assigns of each of the parties; provided, however, that neither this Agreement nor any rights hereunder may be assigned by Borrower without Lender’s prior written consent including any consent provided under Section 2.5(c) with respect to certain Liquidation Events, which consent may be granted or withheld in Lender’s sole discretion generally or under the provisions of Section 2.5, as the case may be.
SECTION 8.01 Mandatory Liquidation Events SECTION 8.02 Mandatory CP Wind-Down Events SECTION 8.03 Remedies.
Pursuant to the terms of this Section 3.7, the Borrower Loan may be prepaid by Borrower when and to the extent that the Funding Loan Note is susceptible to prepayment under the Funding Loan Documents, provided that Borrower shall in no event voluntarily or involuntarily prepay the Borrower Loan in whole or in part unless Borrower pays to Bank, concurrently with such prepayment, a prepayment fee as calculated below.
The Members agree that Phoenix Enterprises LLC may provide investment banking services to Holdings and FA (including future financings and prospective FA Liquidation Events) on a basis consistent with the foregoing, with any compensation to be transaction or success-based, and on terms no less favorable to Holdings than could be obtained in arm’s length transactions with third parties.
Liquidation Events; Partial Security Redemption...........45 Section 9.03.
During the first week of each year, the Trustee shall provide the Applicable Rating Agencies with a certificate, signed by a Responsible Officer, to the effect that the Trustee is not aware of any Liquidation Events.
Special Provisions Concerning Remedies Upon the Occurrence of Liquidation Events of Default .