Liquidity Window definition
Liquidity Window means from the period from January 1 through March 31 of each calendar year, beginning with the 2023 calendar year.
Liquidity Window has the meaning set forth in Section 7.2(f)(v).
Examples of Liquidity Window in a sentence
If the Company repurchase during a Liquidity Window is suspended, it shall commence as soon as practicable following the next date on which there are no Liquidity Restrictions to the extent a Liquidity Event has not occurred at such time.
In the event that restrictions under (B) or (C) of the Liquidity Restriction definition apply, the Company shall, to the extent possible, use any available cash pro-rata for the purpose of conducting a Company repurchase during a Liquidity Window while limiting the maximum number of Option Shares the Company repurchases for purposes of such Liquidity Window to ensure that Company is able to settle the Option Shares in cash.