IPO Proceeds. The Parent shall have received (or simultaneously with the closing of the Loans hereunder, the Parent will receive) net cash equity proceeds from the IPO in an amount not less than $85,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.
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IPO Proceeds. The Parent shall have received (or simultaneously with the closing of the Loans hereunder, the Parent will receive) net cash equity proceeds from the IPO in an amount not less than $85,000,000 43,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.
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IPO Proceeds. The Parent shall have received (or simultaneously with the closing of the Loans hereunder, the Parent will receive) net cash equity proceeds from the IPO in an amount not less than $85,000,000 on terms and conditions reasonably acceptable to the Administrative Agent75,000,000.
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IPO Proceeds. The Parent Borrower shall have received (or simultaneously with the closing of the Loans hereunder, the Parent Borrower will receive) net gross cash equity proceeds from the IPO in 50 an amount not less than $85,000,000 40,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.
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IPO Proceeds. The Parent Borrower shall have received (or simultaneously with the closing of the Loans hereunder, the Parent Borrower will receive) net gross cash equity proceeds from the IPO in an amount not less than $85,000,000 40,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.
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