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Laylat al-Qadr (Kadir Gecesi):
Laylat al-Qadr is the night that the first verse of Quran was read to Prophet Muhammad (s). The exact date of Laylat al-Qadr is unknown (the Night of Power), but it is known to have occured in one of the last ten nights of Ramadan, usually thought to be on one of the odd-numbered dates between 21st and 29th, with the 27th being the most likely. God instructs one to seek-out this blessed night by virtue from the odd nights of the last ten nights of this month. It is said that when one seeks the Laylat al-Qadr, his/her sins will be erased, and it will be as if he/she has just been reborn. Many hadiths also affirm the great value of praying during Laylat al-Qadr. The Qur'an was also revealed in its entirety during the Prophet Muhammad's time in this night.
I might add that the best thing to do in this night is to make dua.