Completion of IPO. The IPO shall have been completed.
Completion of IPO. The initial public offering (hereinafter referred to as the “IPO”) of common stock of the REIT shall have been completed.
Completion of IPO. The initial public offering of Purchaser Stock shall have closed.
Completion of IPO. The IPO shall have been completed, including the filing with the Securities and Exchange Commission of a tax opinion customary for an IPO for a real estate investment trust, and Barcelo Crestline Corporation and/or its affiliates shall have made an aggregate equity investment in the Acquirer or the REIT of not less than Ten Million Dollars ($10,000,000).
Completion of IPO. Successful completion of the IPO on terms satisfactory to the Lender, including without limitation (i) the use of the IPO proceeds to pay all existing debt of the Company, including any debt of FMH assumed by the Company in connection with the merger between the Company and FMH and including all of the FMH Senior Debt and termination of all FMH Senior Debt Documents, (ii) the allowance of a portion of the IPO proceeds to be paid to the shareholders of the Company, on terms satisfactory to the Lender.
Completion of IPO. The Company shall use its commercially reasonable ----------------- efforts to complete the IPO (subject to the terms and conditions of this Agreement) and to cause the proceeds of the IPO to be contributed to the Partnership in accordance with the terms of the Partnership Agreement. ARTICLE 4:
Completion of IPO. The IPO shall have been completed in substantially the manner contemplated by the Registration Statement (including the completion of the issuance of the REIT’s senior secured notes described therein), and the REIT shall have received gross proceeds of at least $900,000,000 from the IPO and the offering of the senior secured notes in aggregate.
Completion of IPO. The IPO shall have been completed on terms and conditions satisfactory to the Agent.
Completion of IPO. The initial public offering ("IPO") of common stock of the REIT shall have been completed pursuant to the Registration Statement and in conformity with the Act and the Rules and Regulations of the SEC and shall have yielded (a) to the REIT and the Borrowers not less than $291,000,000 in gross proceeds (the "REIT Proceeds") from the initial public sale of common stock in the REIT and (b) to the REIT's largest stockholder, Net Realty Holding Trust ("NRHT"), not less than $100,000,000 in gross proceeds from its sale of common stock held in the REIT prior to the IPO, resulting in NRHT holding no more than 45.8% of the common stock of the REIT post-IPO. The REIT Proceeds will be used to payoff and discharge the Prior Credit Agreements.
Completion of IPO. The IPO shall be deemed to be completed for purposes of Section 1.1, upon the receipt of the proceeds of the sale of the Offered Shares by Medaphis.
