CLOSING OF IPO. The closing of the sale of the VPI Stock to the Underwriters in the IPO and the acquisitions of at least eight of the Other Founding Companies with aggregate earnings before taxes of at least $8 million for the 12-month period ended December 31, 1997, pursuant to the Other Agreements shall have occurred simultaneously with the Closing Date hereunder.
Appears in 14 contracts
Samples: Agreement and Plan of Organization (Vacation Properties International Inc), Agreement and Plan of Organization (Vacation Properties International Inc), Merger Agreement (Vacation Properties International Inc)
CLOSING OF IPO. The closing of the sale of the VPI Stock to the Underwriters in the IPO and the acquisitions of at least eight of the Other Founding Companies with aggregate earnings 50 before taxes of at least $8 million for the 12-month period ended December 31, 1997, pursuant to the Other Agreements shall have occurred simultaneously with the Closing Date hereunder.
Appears in 6 contracts
Samples: Agreement and Plan of Organization (Vacation Properties International Inc), Agreement and Plan of Organization (Vacation Properties International Inc), Agreement and Plan of Organization (Vacation Properties International Inc)