Common use of Initiation of IPO Clause in Contracts

Initiation of IPO. Each of Vodafone and Xxxx Atlantic shall have the right to cause Wireless to engage in a broadly dispersed firmly underwritten initial public offering of its business on the terms and conditions set forth in this Article VI (the “IPO”). The IPO shall be effected through the offering to the public of a single class of common stock (the “Public Common Stock”) of a newly incorporated Delaware corporation (“Pubco”) the sole assets of which (other than assets incidental to its operation as a publicly held company) would be Interests exchanged pursuant to Section 6.2 below by Xxxx Atlantic and/or Vodafone or their respective Affiliates for the shares of Public Common Stock to be so offered (the “Exchanged Shares”) .

Appears in 2 contracts

Samples: Partnership Agreement (Verizon Wireless Capital LLC), Investment Agreement (Verizon Wireless Capital LLC)

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Initiation of IPO. Each of Vodafone and Xxxx Atlantic shall have the right to cause Wireless to engage in a broadly dispersed firmly underwritten initial public offering of its business on the terms and conditions set forth in this Article VI (the "IPO"). The IPO shall be effected through the offering to the public of a single class of common stock (the "Public Common Stock") of a newly incorporated Delaware corporation ("Pubco") the sole assets of which (other than assets incidental to its operation as a publicly held company) would be Interests exchanged pursuant to Section 6.2 below by Xxxx Atlantic and/or Vodafone or their respective Affiliates for the shares of Public Common Stock to be so offered (the "Exchanged Shares") .

Appears in 1 contract

Samples: Investment Agreement (Verizon Wireless Inc)

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Initiation of IPO. Each of Vodafone and Xxxx Atlantic shall have the ----------------- right to cause Wireless to engage in a broadly dispersed firmly underwritten initial public offering of its business on the terms and conditions set forth in this Article VI (the "IPO"). The IPO shall be effected through the offering to the public of a single class of common stock (the "Public Common Stock") of a newly incorporated Delaware corporation ("Pubco") the sole assets of which (other than assets incidental to its operation as a publicly held company) would be Interests exchanged pursuant to Section 6.2 below by Xxxx Atlantic and/or Vodafone or their respective Affiliates for the shares of Public Common Stock to be so offered (the "Exchanged Shares") .

Appears in 1 contract

Samples: Investment Agreement (Bell Atlantic Corp)

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