Consummation of the Offering. The aggregate offering amount of the Offering as set forth in Section 1.9 shall have been raised.
Consummation of the Offering. Consummation of the closing of the Offering by the Selling Stockholders.
Consummation of the Offering. The Offering, pursuant to which Buyer raises aggregate gross proceeds of at least $10,000,000, shall be consummated concurrent with the Closing.
Consummation of the Offering. Effective immediately following the transactions described in Section 2.1 through Section 2.6, VEI shall consummate the Offering.
Consummation of the Offering. Buyer shall have consummated its public offering of its Convertible Preferred Stock resulting in gross proceeds to Buyer of not less than $5,000,000.
Consummation of the Offering. The Minimum Offering Amount of the Offering as set forth in Section 1.9 shall have been raised.
Consummation of the Offering. On the Closing Date, the ---------------------------- Offering shall be consummated concurrently with the closing hereunder; Holdings shall have contributed to the Borrower an amount of not less than $94,000,000 which shall be used by the Borrower to refinance existing indebtedness.
Consummation of the Offering. On the Closing Date, the ---------------------------- Offering shall concurrently be consummated, and not less than $94,000,000 of the net proceeds therefrom shall be used to effect the Recapitalization.
Consummation of the Offering. The Offering shall have been consummated for net cash proceeds of at least $120,000,000 and the terms of the Senior Notes shall be reasonably satisfactory to the Agent.
Consummation of the Offering. On or prior to the Effective ---------------------------- Date, the Company shall have received gross cash proceeds of at least $125,000,000 from the issuance of the Company Notes pursuant to the Offering and shall use a portion of such proceeds to repay in full the term loan outstanding pursuant to the Existing Financing Agreement. The terms and conditions of the Offering Documents shall be in form and substance reasonably satisfactory to the Agents. The Offering, including all of the terms and conditions thereof, shall have been duly authorized by the boards of directors of the Company and the Borrowers and all Offering Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect in all respects on the Effective Date. All conditions precedent to the consummation of the Offering and the issuance of the Company Notes as set forth in the Offering Documents shall have been satisfied, and not waived unless consented to by the Agents, to the reasonable satisfaction of the Agents. The Offering and the issuance of the Company Notes shall have been consummated, in accordance with all applicable law and the terms and conditions of the Offering Documents.
