Common use of 7Public Offering Clause in Contracts

7Public Offering. The right to purchase the Repurchased Units pursuant to this Section 1.6 shall terminate upon consummation of any sale of equity securities of the Company pursuant to a firm commitment underwritten offering (or series of related offerings) by the Company (or any successor entity) to the public pursuant to an effective registration statement under the Securities Act, which is underwritten by a nationally recognized investment bank.

Appears in 9 contracts

Samples: Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.)

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7Public Offering. The right to purchase the Repurchased Units pursuant to this Section 1.6 shall terminate upon consummation of any sale of equity securities of the Company pursuant to a firm commitment underwritten offering (or series of related offerings) by the Company (or any successor entity) to the public pursuant to an effective registration statement under the Securities Act, which is underwritten by a nationally recognized investment bank.. ​

Appears in 2 contracts

Samples: Restricted Units Agreement (Silverbox Engaged Merger Corp I), Restricted Units Agreement (Silverbox Engaged Merger Corp I)

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