Examples of IPO Entity in a sentence
In addition, any Units to be converted into or redeemed or exchanged for shares of the IPO Entity shall receive shares of voting common stock with substantially equivalent economic, priority and other rights and privileges as in effect immediately prior to such transaction (disregarding the tax treatment of such transaction).
In connection with a transaction described in Section 11.5(a), the Board shall, in good faith but subject to the following sentence, determine the Fair Market Value of the assets and/or Units Transferred to, merged with or converted into shares of the IPO Entity, the aggregate Fair Market Value of the IPO Entity and the number of shares of capital stock or other equity interests to be issued to each Member in exchange or in consideration therefor.
In determining Fair Market Value, (i) the offering price of the Initial Public Offering shall be used by the Board to determine the Fair Market Value of the capital stock or other equity interests of the IPO Entity and (ii) the Distributions that the Members would have received with respect to their Units if the Company were dissolved, its affairs wound up and Distributions made to the Members in accordance with Section 13.3(c) shall determine the Fair Market Value of the Units.
Without limiting this general obligation, the IPO Entity will fulfill its specific obligations as described in this Section 2.15.
The IPO Entity will facilitate in the manner described in this Agreement any such non-shelf registered offering.