Initial IPO definition

Initial IPO means completion of the first to occur of (i) an IPO of Shares held by a Shareholder following an IPO Process and (ii) an IPO of New Shares in the Company which had received approval as a Reserved Matter;

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Initial IPO means the consummation of the sale to the public of the Common Stock contemplated by and pursuant to the Registration Statement on Form S-1 filed with the Securities and Exchange Commission, as amended, pursuant to Registration Number 333-162614.

Initial IPO means completion of the first to occur of (i) an IPO of Shares held by a Shareholder following an IPO Process and (ii) and IPO of New Shares in the Company;”

Examples of Initial IPO in a sentence

• Subject to the consummation of the Initial IPO, Executive shall be employed by ICG LP for the period commencing on the Effective Date and ending on the third annual anniversary thereof (such period, the “Employment Term”) on the terms and conditions set forth herein.

• Each GP Partner hereby authorizes the General Partner to, following the effectiveness of the distribution of Promote Rights described in Section 1 hereof, but immediately prior to the Initial IPO Closing, merge with and into the REIT, with the REIT becoming the surviving entity.

• This Agreement shall automatically terminate without further action by any of the parties hereto on December 29, 2017 in the event that the Initial IPO Closing has not occurred by 5:00 p.m. New York City time on such date, unless such termination date is extended by a written agreement signed by all of the parties hereto.

• The cash proceeds received by the REIT in the Initial IPO Closing will be contributed to the Partnership in exchange for OP Units.

• Holdings and HWMP each hereby agrees to cause the Equity Transaction documents to provide for payment to the Collateral Agent for the benefit of the Holders of the Initial IPO Cash Paydown as an express and required use of proceeds of the IPO.

More Definitions of Initial IPO

Initial IPO means completion of the first to occur of (i) an IPO of Shares held by a Shareholder following an IPO Process and (ii) and IPO of New Shares in the Company;” Less than [ * * * ] but more than (or equal to) [ * * * ] • Board Composition • Clause 3.2.3 shall be deleted in its entirety and replaced with the following: “The B Shareholder shall be entitled to appoint one non-executive B Director to the Board and to remove the B Director appointed by it from time to time.” • Clause 4.4 shall be deleted in its entirety and replaced with the following: “Subject to clause 4.5, on any vote on a resolution of the Directors, each Directors will have one vote. Subject to the specific requirements in clause 6 relating to Reserved Matters (a) resolutions of the Directors shall be decided by simple majority vote, calculated in accordance with the preceding sentence and (b) if a vote of the Directors is tied, the Chairman (or the Director acting as chairman at the relevant meeting in accordance with clause 3.4.4) will have a casting vote.” CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE COPY FILED HEREWITH OMITS THE INFORMATION SUBJECT TO A CONFIDENTIALITY REQUEST. OMISSIONS ARE DESIGNATED [ * * * ]. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. - 72 - Percentage ownership Item Amendments to Shareholders’ Agreement • Appointment of Executive Team • Clause 5.1.2 shall be deleted in its entirety and replaced with the following: “The appointment or removal of the Executive Team shall be determined by the Board. The Board will cooperate to create a shortlist of candidates taking into account recommendations from both Shareholders, and the Board will appoint candidates from that list.” • Reserved Matters • Paragraph 1 of schedule 1 shall be deleted in its entirety and replaced with the following words: “ Amending: 1.1 the memorandum of association or the articles of association of the Company or the rights attaching to the shares in the capital of the Company, other than to the extent required in connection with matters specifically approved or permitted under this schedule 1 and only to the extent that such amendments would adversely impact the B Shareholder; and 1.2 in any material respect, the memorandum of association or the articles of association of any other Group Company or the rights attaching to the shares in the capital of any other Group Company other than to the extent required ...

Initial IPO means in relation to the Company the first admission of its shares to trading on AIM and the offering of its shares for the first time in accordance with the Admission Document, the Placing Agreement, the Independent Subscription Agreements and all other documents referred to therein or ancillary thereto;

Initial IPO price shall mean the price established by the underwriters as the initial price of the first public stock offering made by the Company. The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." The option described pursuant to this Paragraph 1 shall only be exercisable within ten (10) years from the date hereof, provided that there has been no acquisition or merger of the Company at the time of the IPO. The exercise of, or the failure to exercise, this Warrant in conjunction with an IPO shall terminate all other rights of Holder hereunder.

Initial IPO means the Company’s first underwritten public offering of Common Stock pursuant to the Securities Act.

Initial IPO has the meaning assigned to such term in the recitals to this Agreement.

Initial IPO as defined in the Third Amendment.

Initial IPO means the initial public offering of equity interest in the Company pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission in accordance with the Securities Act.