All Definitions
Genie AI's algorithm has begun to pull terms, relevant taxonomical data from legal templates and databases worldwide. Wherever possible we will cite the source of the legal definition to support your legal research needs.
Liquidated Loan
Liquidated Loan means a defaulted mortgage regarding a property, liquidated and confirmed by the [Servicer], with all expected recovery amounts received.
Liquidation Principal
Liquidation Principal means the portion of liquidation proceeds matching a [loan's] original balance before liquidation.
Liquidation Sale
Liquidation Sale means the process by which an [organization] sells substantial inventory or assets due to ending operations
Liquidity Event
a Change of Control, a Direct Listing or an Initial Public Offering.
Liquidity Price
the price per share equal to the fair market value of the Common Stock at the time of the Liquidity Event, as determined by reference to the purchase price payable in connection with such Liquidity Event, multiplied by the Discount Rate.
Litigation Claims
Litigation Claims means claims, rights, suits, proceedings held by a Debtor or Estate against any person or entity
Litigation Expense
Litigation Expense means all necessary out-of-pocket costs such as court fees, arbitrator charges, professional service fees, witness payments, and investigation fees incurred during legal proceedings.
Littering
Littering means disposing, intentionally or negligently, of waste or litter into public or private areas, not specifically designed for waste collection.
Live Ammunition
Live Ammunition means a cartridge comprising a case, primer, propellant powder, and a single metallic projectile