Determination of Pubco Structure. (i) The party that initiates an IPO pursuant to Section 6.1(a) (the “Initiating Party”) shall designate a lead managing underwriter for the IPO (the “IP Banker”) in its IPO Notice. Within 15 days following the delivery of an IPO Notice, the IP Banker shall deliver to the party that did not initiate the IPO (the “Non-Initiating Party”) a detailed description of the proposed governance structure of Pubco and Wireless following the IPO (the “IP Structure”), together with a 1940 Act Opinion with respect to the IP Structure.
Appears in 2 contracts
Samples: Investment Agreement (Verizon Wireless Capital LLC), Partnership Agreement (Verizon Wireless Capital LLC)
Determination of Pubco Structure. (i) The party that initiates an IPO pursuant to Section 6.1(a) (the “"Initiating Party”") shall designate a lead managing underwriter for the IPO (the “"IP Banker”") in its IPO Notice. Within 15 days following the delivery of an IPO Notice, the IP Banker shall deliver to the party that did not initiate the IPO (the “"Non-Initiating Party”") a detailed description of the proposed governance structure of Pubco and Wireless following the IPO (the “"IP Structure”"), together with a 1940 Act Opinion with respect to the IP Structure.
Appears in 2 contracts
Samples: Investment Agreement (Verizon Wireless Inc), Investment Agreement (Bell Atlantic Corp)
