APPROVAL OF THE IPO Sample Clauses

APPROVAL OF THE IPO. Brunswick hereby agrees that the IPO will not violate the terms of the Dealer Agreements.
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APPROVAL OF THE IPO. The Shareholders hereby commit to vote in a Shareholders’ Meeting in order to approve an IPO of the Company, after 4 (four) years of the Closing, as long as market conditions are favourable for an IPO, as determined by an internationally recognized investment bank to be selected by the Board of Directors.
Sample 1
APPROVAL OF THE IPO. Subject to the terms and conditions of this Modification and the other Loan Documents, the Agent and the Lenders hereby consent, for all purposes for which such consent may be necessary or required, to the Borrowers consummation of the transactions contemplated by the IPO. It is understood, agreed and acknowledged that immediately upon consummation of the transactions contemplated by the IPO, the Borrowers shall pay to the Agent, for the ratable benefit of the Lenders a portion of the proceeds of the IPO to which the Borrowers are entitled, net of: (i) the underwriting commission incurred by the Borrowers in connection with the IPO; (ii) normal and customary underwriting and offering costs and expenses incurred by the Borrowers in connection with the IPO; and (iii) payments to fund the exit pool bonus, in an amount not to exceed $3,000,000.00, such proceeds to be used to reduce, respectively, the outstanding principal balance of Facility B, Facility C and Swing Line Outstandings, and ultimately, if proceeds still remain, Facility A; it being understood and agreed that any such reduction to the amounts outstanding under Facility A from IPO proceeds will not cause a permanent reduction of the Facility A Commitment Amount (notwithstanding anything to the contrary set forth in the Loan Agreement).
Sample 1

Related to APPROVAL OF THE IPO

  • Approval of Merger The Merger shall be governed by Section 251(h) of the DGCL and shall be effected by Parent, Merger Sub and the Company as soon as practicable following the consummation of the Offer, without a vote of the stockholders of the Company, pursuant to Section 251(h) of the DGCL.

  • Approval of Listing At the Closing Time, the Securities shall have been approved for listing on the New York Stock Exchange, subject only to official notice of issuance.

  • Waiver of Notice; Approval of Meeting; Approval of Minutes The transactions of any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present either in person or by proxy. Attendance of a Limited Partner at a meeting shall constitute a waiver of notice of the meeting, except when the Limited Partner attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened; and except that attendance at a meeting is not a waiver of any right to disapprove the consideration of matters required to be included in the notice of the meeting, but not so included, if the disapproval is expressly made at the meeting.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • State Approval of Replacement Personnel The Engineer may not replace the project manager or key personnel without prior consent of the State. The State must be satisfied that the new project manager or other key personnel is qualified to provide the authorized services. If the State determines that the new project manager or key personnel is not acceptable, the Engineer may not use that person in that capacity and shall replace him or her with one satisfactory to the State within forty-five (45) days.

  • Approval of Documents The form and substance of all certificates, instruments and other documents required to be delivered to the Seller under this Agreement shall be reasonably satisfactory in all respects to the Seller and its counsel.

  • Approval of Stockholders If an option is granted by this Agreement prior to approval of the stockholders of the Plan, the option granted shall be null and void unless stockholder approval is obtained within twelve months after the Plan was adopted.

  • Regulatory Approval 25.1 The Parties understand and agree that this Agreement and any amendment or modification hereto will be filed with the Commission for approval in accordance with Section 252 of the Act and may thereafter be filed with the FCC. The Parties believe in good faith and agree that the services to be provided under this Agreement are in the public interest. Each Party covenants and agrees to fully support approval of this Agreement by the Commission or the FCC under Section 252 of the Act without modification.

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