IPO Conversion definition

IPO Conversion shall have the meaning set forth in Section 4.5(a).

IPO Conversion is defined in Section 11.01(a).

IPO Conversion has the meaning set forth in Section 3.7(a).

Examples of IPO Conversion in a sentence

• In the event that prior to the Maturity Date of this Note, the Maker shall consummate an IPO and its Common Stock shall be approved for listing or trading on any Qualified Securities Market, the entire Outstanding Balance of this Note shall automatically, and without any further consent or approval of the Holder, be converted into Common Stock of the Maker at the IPO Conversion Price.

• The IPO Conversion Price and the Alternative Liquidity Event Conversion Price (either, the “Mandatory Conversion Price”) shall be subject to adjustment, as provided for in Section 3(f) below.

• The person in whose name the certificate or certificates for Common Stock are to be issued shall be deemed to have become a holder of record of the Common Stock on the IPO Conversion Date.

• In the event that the Partnership or any successor to the business of the Partnership, or PublicCo as defined herein, determines to effect an IPO, then the Partnership covenants and agrees to provide or to require such successor or PublicCo, as applicable, to provide the Limited Partners with customary registration rights to be agreed upon with respect to their Units or other Equity Securities (or any successor equity into which such Units are to be converted into in conjunction with any IPO Conversion).

• In connection with any proposed IPO in accordance with this Section 6.7, without the need for any action or consent of any other Person, the General Partner may develop and cause the implementation of an IPO Conversion (as defined below).

More Definitions of IPO Conversion

IPO Conversion means, with respect to an Initial Public Offering, the conversion or exchange of Class A Units into Common Stock as approved by the Board in its discretion in accordance with the LLC Agreement in connection with such Initial Public Offering.

IPO Conversion means the conversion of all outstanding preferred shares of the Borrower into common shares upon the consummation of an initial public offering as provided in the Shareholders Agreement.

IPO Conversion has the meaning given in Section 12.7(a).

IPO Conversion has the meaning set forth in Section 2.10(a).

IPO Conversion has the meaning set forth in Section 7(b) hereof.

IPO Conversion shall have the meaning set forth in Section 8.01(a).

IPO Conversion means the effective date of an Initial Public Offering.