Common use of ADDITIONAL ACQUISITION TRANSACTIONS; INITIAL PUBLIC OFFERING OF PARENT COMMON STOCK Clause in Contracts

ADDITIONAL ACQUISITION TRANSACTIONS; INITIAL PUBLIC OFFERING OF PARENT COMMON STOCK. The Merger is part of a series of additional transactions that relate to the Parent's intent to acquire the companies listed on Exhibit 1.5 attached hereto (the "Other Companies") and to consummate an initial public offering of the Parent Common Stock resulting in net proceeds to the Parent of at least $45,000,000 on a firm underwriting basis (the "IPO"). The Parent will acquire the Other Companies from various parties (the "Other Acquisitions") pursuant to separate acquisition agreements ("Other Acquisition Agreements") to be executed prior to or concurrently with this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Transcoastal Marine Services Inc), Merger Agreement (Transcoastal Marine Services Inc), Merger Agreement (Transcoastal Marine Services Inc)

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ADDITIONAL ACQUISITION TRANSACTIONS; INITIAL PUBLIC OFFERING OF PARENT COMMON STOCK. The Merger is transactions contemplated by this Agreement are part of a series of additional transactions that relate to the Parent's intent to acquire the companies listed on Exhibit 1.5 attached hereto (the "Other Companies") and to consummate an initial public offering of the Parent Common Stock resulting in net proceeds to the Parent of at least $45,000,000 on a firm underwriting basis (the "IPO"). The Parent will acquire the Other Companies from various parties (the "Other Acquisitions") pursuant to separate acquisition agreements ("Other Acquisition Agreements") to be executed prior to or concurrently with this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Transcoastal Marine Services Inc)

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