Redemptive Split-Off definition
Redemptive Split-Off shall have the meaning specified in Section 12.04(f).
Redemptive Split-Off means a redemption by the Company of Series C Liberty Media Common Stock
Redemptive Split-Off means a redemption by the Company of Series A Liberty SiriusXM Common Stock (i) pursuant to Section A.2(e)(i) of the Restated Charter, for securities of a Subsidiary of the Company which holds assets and liabilities representing at least 80% of the fair value market, as determined by the Board of Directors immediately prior to the opening of business on the redemption date, of the assets and liabilities then attributed to the Liberty SiriusXM Group or (ii) pursuant to Section A.2.(e)(ii) of the Restated Charter, in which the holders of Liberty SiriusXM Group Common Stock receive cash, securities or other property representing at least 80% of the fair value market, as determined by the Board of Directors immediately prior to the opening of business on the redemption date, of the assets and liabilities then attributed to the Liberty SiriusXM Group.
More Definitions of Redemptive Split-Off
Redemptive Split-Off means a redemption by the Company of SeriesA Liberty SiriusXM Common Stock (i)pursuant to SectionA.2(e)(i)of the Restated Charter, for securities of a Subsidiary of the Company which holds assets and liabilities representing at least 80% of the fair value market, as determined by the Board of Directors immediately prior to the opening of business on the redemption date, of the assets and liabilities then attributed to the Liberty SiriusXM Group or (ii)pursuant to SectionA.2.(e)(ii)of the Restated Charter, in which the holders of Liberty SiriusXM Group Common Stock receive cash, securities or other property representing at least 80% of the fair value market, as determined by the Board of Directors immediately prior to the opening of business on the redemption date, of the assets and liabilities then attributed to the Liberty SiriusXM Group.
Redemptive Split-Off means a redemption by the Company of Series C Liberty Media Common Stock (i) pursuant to Section A.2(g)(i) of the Restated Charter, for securities of a Subsidiary of the Company which holds assets and liabilities representing at least 80% of the fair value market, as determined by the Board of Directors immediately prior to the opening of business on the redemption date, of the assets and liabilities then attributed to the Media Group or (ii) pursuant to Section A.2.(g)(ii) of the Restated Charter, in which the holders of Liberty Media Group Common Stock receive cash, securities or other property representing at least 80% of the fair value market, as determined by the Board of Directors immediately prior the opening of business on the redemption date, of the assets and liabilities then attributed to the Media Group.