Examples of Liquidity Offering in a sentence
Except in connection with a payment in respect of a fractional share (as described in the final sentence of Section 11.3(a)), the Manager may elect Cash Settlement with respect to an Exchange of Exchangeable Units that are Class B Units only to the extent the Cash Settlement is funded by the proceeds (net of underwriting discounts and commissions) of a Liquidity Offering with respect to that Exchange.
Other types of funds (e.g. scholarship funds and fiscal agent funds) may be able to pay expenses from thefundraiser’s net proceeds.
Except in connection with a payment in respect of a fractional share (as described in the final sentence of Section 11.3(a)), the Manager or the Company, as applicable, may elect Cash Settlement with respect to an Exchange of Exchangeable Units that are Class B Units only to the extent the Cash Settlement is funded by the proceeds (net of underwriting discounts and commissions) of a Liquidity Offering with respect to that Exchange.
Except in connection with a payment in respect of a fractional share (as described in the final sentence of Section 11.3(a)), the Manager or the Company, as applicable, may elect Cash Settlement with respect to an Exchange of Exchangeable Units that are Class C Units only to the extent the Cash Settlement is funded by the proceeds (net of underwriting discounts and commissions) of a Liquidity Offering with respect to that Exchange.
For the avoidance of doubt, in the event the General Partner elects a Cash Settlement, a Liquidity Offering to fund such Cash Settlement will be initiated after the receipt by the General Partner of a Mandatory Exchange Notice or Elective Exchange Notice, as applicable, and the Cash Settlement will occur promptly after consummation of the Liquidity Offering.
In order to minimize the risk of losing access to their Sharesome wallets, we require users to provide us with a valid email address.Withdrawals are disabled during our Initial Liquidity Offering (ILO).
At its peak in 1970, it produced over 1,000 MT and represented 80% of the world’s supply.
The initializing event for a creator economy on the platform is the Creator Liquidity Offering or CLO.