Examples of IPO Closing Time in a sentence
The Administrative Agent and the Lenders hereby release (i) DERA from any and all obligations and liabilities under the Guarantor Documents arising from and after the IPO Closing Time and (ii) Xxxxxxx Xxxxxx & Company from any and all obligations and liabilities under the Property Manager's Consents arising from and after the IPO Closing Time.
Effective upon the IPO Closing Time, (i) the provisions of the Loan Agreement which permit transfers to or acquisitions of interests in Borrower by a Permitted Private REIT or a Permitted Private REIT Subsidiary shall be of no further force or effect; (ii) all references in the Loan Agreement to a "Permitted REIT" shall mean the REIT; and (iii) there shall be only one Permitted Public REIT, which shall be the REIT.
Consummation of the transactions provided for in this Agreement and the Ancillary Agreements are conditioned upon, and shall only be effected upon or after the occurrence of the IPO Closing Time.
Outdoor Americas shall assume all liabilities with respect to any such bonus awards payable to Outdoor Americas Employees and Former Outdoor Americas Employees for the year in which the IPO Closing Time occurs and thereafter.
Outdoor Americas shall be responsible for determining all amounts payable pursuant to the long-term cash incentive plans of CBS to Outdoor Americas Employees and Former Outdoor Americas Employees that become payable following the IPO Closing Time.
Effective as of no later than the IPO Closing Time, the CBS Group shall have caused the accounts of the Outdoor Americas Employees and Former Outdoor Americas Employees under the CBS 401(k) Plan and related trust (including any outstanding loans) to be transferred to the Outdoor 401(k) Plan and related trust in cash or such other assets as determined by the applicable plan fiduciaries.
The Outdoor Americas Group shall take any action necessary to ensure that effective as of the IPO Closing Time the Outdoor CBAs and all liabilities thereunder and under the Outdoor Multiemployer Plans are solely obligations of the Outdoor Americas Group.
Outdoor Americas shall assume all liabilities with respect to any such bonus awards payable to Outdoor Americas Employees and Former Outdoor Americas Employees for the calendar year in which the IPO Closing Time occurs and each calendar year thereafter.
Any Holding Units to be issued at the IPO Closing Time to Vantiv in connection with the IPO will be duly authorized, validly issued, fully paid and nonassessable and free and clear of Liens.
Without releasing the Borrower from any of its obligations thereunder, each Co-Borrower hereby assumes, jointly and severally with the Borrower and any other Co-Borrower, all of the obligations of the Borrower under each of the Notes which evidence Loans advanced by each Lender or its predecessor in interest prior to the IPO Closing Time.