Examples of Holdings IPO in a sentence
Nothing contained in the Indenture or in any Securities or Holdings Guarantee shall require Holdings to preserve its existence, and Holdings may be dissolved at any time (whether in connection with a Holdings IPO Reorganization or otherwise).
In the event of any issuance of Equity Interests of Holdings pursuant to any Holdings IPO (including any “greenshoe” or supplemental offering made within the first calendar year after any Holdings IPO), the Borrower shall, no later than one (1) Business Day after the receipt by Holdings or any of its Subsidiaries of the Net Cash Proceeds from any such issuance, repay the Loans in an amount equal to the lesser of (i) fifty percent (50%) of such Net Cash Proceeds and (ii) $50,000,000.
Promptly after written demand therefore, Holdings and the Company shall pay each Investor’s documented out-of-pocket fees and expenses relating to the negotiation of this Agreement and each Related Agreement and the transactions contemplated hereby and thereby and the Holdings IPO, including reasonably incurred legal fees and expenses of Akin Gump Xxxxxxx Xxxxx & Xxxx LLP.
On the Closing Date, the Holdings IPO shall be consummated concurrently with the making of the Initial Loans hereunder.
All actions taken by each Credit Party pursuant to or in furtherance of the Holdings IPO or the Repurchase, as the case may be, have been taken in compliance with the Documents and all applicable laws except to the extent consented to by the Administrative Agent and the Required Lenders pursuant to Section 5.17(a).