IPO Rights Sample Clauses

IPO Rights. (a) If a Qualified IPO does not occur by the fifth (5th) anniversary of the Effective Date, BSMB shall have the right to request a Qualified IPO (the "Requested IPO") by delivering a written notice (the "IPO Notice") to the Company and HMTF requesting that the Company effect a Qualified IPO and, subject to Section 7.1.2, the Company shall use commercially reasonable efforts to effect the Requested IPO as soon as practicable thereafter.
AutoNDA by SimpleDocs
IPO Rights. Subject to the terms of this Agreement, CGI, at the request (the “Request”) of BCE, for and on behalf of itself or one or more of its wholly-owned Subsidiaries as holders of Registerable Securities, if such request is made at least 180 days after the date hereof, shall use its reasonable best efforts to cause the consummation of an initial public offering (the “IPO”) of Class A Shares, or the common shares of CGI resulting from the redesignation of Class A Shares in accordance with the Articles of CGI, registered under the Securities Act and, in connection therewith shall use its reasonable best efforts to cause to be filed with the SEC within one year after such a Request, a Registration Statement under the Securities Act, and to cause such Registration Statement to become effective as soon as practicable after such filing (such right to an IPO under this Section 3.1 being hereinafter referred to as the “IPO Right”).
IPO Rights. All Shareholders agree, subject to market conditions, to use their reasonable commercial efforts to proceed with a Public Offering within 18 months of the date hereof. Each of the Voting Shareholders hereby agrees and covenants that it will approve amendments to the ESOP and any outstanding options thereunder to provide for the issuance to holders of such options of Voting Shares upon the exercise thereof, it being understood that these agreements and covenants are being made so as to give the Non-Voting Shareholders the benefit of any market for Shares of the Corporation created by the Public Offering (subject to applicable securities law requirements, including applicable hold periods).
IPO Rights. All of the Voting Shareholders agree, subject to market conditions, to use their reasonable commercial efforts to proceed with a Public Offering within 18 months of the date hereof. Each of the Voting Shareholders hereby agrees and covenants that, prior to the closing of a Public Offering of the Corporation's Shares, it will approve amendments to the ESOP and any outstanding options thereunder to provide for the issuance to holders of such options, Voting Shares upon the exercise thereof, it being understood that these agreements and covenants are being made so as to give the Non-Voting Shareholders the benefit of any market for Shares of the Corporation created by the Public Offering (subject to applicable securities law requirements, including applicable hold periods). All Shareholders agree to waive their rights under Sections 3.3 and 3.4 hereof in respect of a Public Offering of the Shares of the Corporation.

Related to IPO Rights

  • No Rights as Stockholder Until Exercise This Warrant does not entitle the Holder to any voting rights, dividends or other rights as a stockholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly set forth in Section 3.

  • Piggy-Back Rights If at any time on or after the date the Company consummates a Business Combination the Company proposes to file a Registration Statement under the Securities Act with respect to an offering of equity securities, or securities or other obligations exercisable or exchangeable for, or convertible into, equity securities, by the Company for its own account or for shareholders of the Company for their account (or by the Company and by shareholders of the Company including, without limitation, pursuant to Section 2.1), other than a Registration Statement (i) filed in connection with any employee stock option or other benefit plan, (ii) for an exchange offer or offering of securities solely to the Company’s existing shareholders, (iii) for an offering of debt that is convertible into equity securities of the Company or (iv) for a dividend reinvestment plan, then the Company shall (x) give written notice of such proposed filing to the holders of Registrable Securities as soon as practicable but in no event less than ten (10) days before the anticipated filing date, which notice shall describe the amount and type of securities to be included in such offering, the intended method(s) of distribution, and the name of the proposed managing Underwriter or Underwriters, if any, of the offering, and (y) offer to the holders of Registrable Securities in such notice the opportunity to register the sale of such number of shares of Registrable Securities as such holders may request in writing within five (5) days following receipt of such notice (a “Piggy-Back Registration”). The Company shall cause such Registrable Securities to be included in such registration and shall use its best efforts to cause the managing Underwriter or Underwriters of a proposed underwritten offering to permit the Registrable Securities requested to be included in a Piggy-Back Registration on the same terms and conditions as any similar securities of the Company and to permit the sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution thereof. All holders of Registrable Securities proposing to distribute their securities through a Piggy-Back Registration that involves an Underwriter or Underwriters shall enter into an underwriting agreement in customary form with the Underwriter or Underwriters selected for such Piggy-Back Registration.

  • No Rights The Hiring Agreement constitutes permission only to use the premises and confers no tenancy or other right of occupation on the Hirer.

Time is Money Join Law Insider Premium to draft better contracts faster.