Eligible IPO definition

Eligible IPO means any underwritten public offering of the Voting Stock of the Borrower or any direct or indirect parent entity thereof, so long as the gross proceeds thereof, together with all other substantially contemporaneous equity issuances in respect of the Voting Stock of the Borrower or such parent entity, is equal to or greater than $750,000,000.
Eligible IPO means any public or private offering of certain capital stock of the US Borrower to be consummated by no later than June 30, 2001 and to result in gross cash proceeds raised by the US Borrower of not less than $150,000,000.
Eligible IPO means (x) a public offering by the Company or its shareholders of shares of Common Stock pursuant to a registration statement under the Securities Act of 1933 that results in (i) aggregate cash proceeds to the Company and selling shareholders of an amount equal to or greater than $50 million (before deduction of underwriting discounts and commissions) and (ii) the listing of Common Stock on any national securities exchange or quotation on the national market system of The Nasdaq Stock Market (or any successor or similar system) or (y) consummation of any transaction that results in (i) the listing of Common Stock on any national securities exchange or quotation on the national market system of The NASDAQ Stock Market (or any successor or similar system) and (ii) shares Common Stock having a market value of at least $50 million held by Persons that are not “affiliates” of the Company (as such term is used in Rule 144 under the Securities Act of 1933).

Examples of Eligible IPO in a sentence

  • The right of Shareholder or any Permitted Lodovic Holder to require the Company to purchase Common Stock pursuant to this Section 2 shall terminate upon the occurrence of an Eligible IPO unless previously exercised.

  • The right of Shareholder or any Permitted Lodovic Holder to require the Company to purchase such Eligible Shares pursuant to this paragraph (a) shall terminate upon the occurrence of an Eligible IPO unless previously exercised.

  • Upon the application of the proceeds of the Eligible IPO to the repayment in full of the US Term Loans required under Sections 2.11(A)(g) and 2.11(B)(c) of the Credit Agreement (as modified hereby), the amount of each Bank's outstanding US Term Loans shall be reduced to zero.

  • Upon the satisfaction of the conditions precedent set forth in Section 4 hereof and the application of the proceeds of the Eligible IPO to the repayment in full of the US Term Loans as contemplated by Section 4(d) hereof and required under Section 2.11(A)(g) and 2.11(B)(c) of the Credit Agreement (as modified hereby), Schedule I to the Credit Agreement shall be amended as set forth below.

  • The right of Executive or any Permitted Xxxxxxxxx Holder to require the Company to purchase Common Stock pursuant to this Section 2 shall terminate upon the occurrence of an Eligible IPO unless previously exercised.


More Definitions of Eligible IPO

Eligible IPO means a Qualified IPO that is consummated within 12 months of the Closing Date and in which the gross proceeds from the sale of shares of Common Stock in the offering (excluding any shares to be purchased by OIC, L.P. or its Affiliates) shall be at least $60,000,000.
Eligible IPO appearing in Section 1.1 of the Credit Agreement shall be amended and restated in their entirety to read as follows:
Eligible IPO means (x) a public offering by the Company or its shareholders of shares of the Company's common stock pursuant to a registration statement under the Securities Act of 1933 that results in (i) aggregate cash proceeds to the Company and selling shareholders of an amount equal to or greater than $50 million (before deduction of underwriting discounts and commissions) and (ii) the listing of such common stock on any national securities exchange or quotation on the national market system of The Nasdaq Stock Market (or any successor or similar system) or (y) consummation of any transaction that results in (i) the listing of Common Stock on any national securities exchange or quotation on the national market system of The NASDAQ Stock Market (or any successor or similar system) and (ii) shares of such common stock of the Company having a market value of at least $50 million held by Persons that are not "affiliates" of the Company (as such term is used in Rule 144 under the Securities Act of 1933).

Related to Eligible IPO

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Eligible Securities Depository has the meaning set forth in section (b)(1) of Rule 17f-7.

  • Eligible Investment Required Ratings A long-term debt rating of at least “A+” by S&P or a long-term debt rating of at least “A” by S&P and a short-term debt rating of at least “A-1” by S&P.

  • Qualified Securitization Transaction means any transaction or series of transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or any of its Restricted Subsidiaries may sell, convey or otherwise transfer to: