Common use of Liquidation right Clause in Contracts

Liquidation right. Liquidation right means a right or ability to com- pel the entity to acquire all or a por- tion of the holder’s equity interest in the entity, including by reason of ag- gregate voting power, whether or not its exercise would result in the com- plete liquidation of the entity.

Appears in 12 contracts

Sources: Property Division Agreement, Stock Disposition Agreement, Property Conversion Agreement