IPO II definition

IPO II means the closing of a firm commitment underwritten initial public offering, pursuant to an effective registration statement filed under the Securities Act of 1933, as amended, covering the offer and sale of common stock of Borrower with net cash proceeds to Borrower of not less than Seventy Five Million Dollars ($75,000,000) (net of underwriting commissions and expenses), and that results in the common stock being traded or listed on the NYSE, AMEX or NASDAQ Global Market.

Examples of IPO II in a sentence

  • It also means that, with regard to recourse liabilities, the shifting of basis cannot occur without a concomitant shifting of the underlying risk of economic loss.”).During the tax year at issue, IPO II borrowed money from an unrelated lender, and each of Mr. Forsythe, Energy and Power guaranteed the loan.

  • The question facing the court was whether this recourse liability of IPO II should be allocated in part to Overseas by reason of Overseas’ relationship (through Mr. Forsythe’s common ownership) with Energy, which, as a non-member guarantor, bore actual EROL for the liability, along with Mr. Forsythe and Power.

  • Comm’r, 119 T.C.M. (CCH) 1157, 2020 WL 838538, at *11 (T.C.2020); IPO II v.

  • Under the IPO II operating agreement, no member of IPO II had any liability for the obligations of IPO II solely by reason of being a member, and IPO II’s profits and losses were allocated 99% to Overseas and 1% to Mr. Forsythe.

  • The relevant facts of IPO II were as follows: Mr. Forsythe, an individual, owned all of the stock of Indeck Power Overseas Ltd., an S corporation (“Overseas”), 70% of the stock of Indeck Energy Services, Inc.

  • The company has adopted four shareholding schemes, namely, the shareholding scheme before IPO, the shareholding scheme after IPO I, the shareholding scheme after IPO II and the shareholding scheme after IPO III.

  • The corresponding separatrix manifold is uniquely defined by the energy of IPO I at a given value of B ≥ Bb. This manifold separates three regions in phase space—two with symmetry-broken solutions, each one containing one of the IPOs III, and one with symmetry- conserving solutions containing the elliptic solution IPO II.

  • For B ≤ Bb only two IPOs exist—IPO I and IPO II, both of them being of elliptic character.

  • Given these two tests, we must review the facts and circumstances to determine whether WISCO’s indemnity agreement may be disregarded as a guise to cloak WISCO with an obligation for which it bore no actual economic risk of loss.See IPO II v.

  • The Tax Court, however, did not adopt the Direct Partner Interpretation, which is arguably inconsistent with the reasoning (but not the holding) of IPO II.

Related to IPO II

  • Qualified IPO means the issuance by Holdings or any direct or indirect parent of Holdings of its common Equity Interests in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission in accordance with the Securities Act (whether alone or in connection with a secondary public offering).

  • IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.

  • qualifying holding means a direct or indirect holding in an undertaking which represents 10 % or more of the capital or of the voting rights or which makes it possible to exercise a significant influence over the management of that undertaking;

  • Public Offering means the sale in an underwritten public offering registered under the Securities Act of equity securities of the Company or a corporate successor to the Company.

  • IPO Entity means, at any time at and after an IPO, the Borrower or a parent entity of the Borrower, as the case may be, the Equity Interests in which were issued or otherwise sold pursuant to the IPO.

  • IPO Price means the initial public offering price of a REIT Share in the IPO.

  • Equity Event is the receipt by Borrower on or after the Effective Date of unrestricted net cash proceeds of not less than Forty Million Dollars ($40,000,000.00) from the issuance and sale by Borrower of its equity securities, on or before March 31, 2016 and the receipt of evidence thereof by Collateral Agent on or before such date, which evidence must be reasonably acceptable to Collateral Agent.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • IPO Closing Date means the closing date of the IPO.

  • Qualifying IPO means the issuance by Holdings or any direct or indirect parent of Holdings of its common Equity Interests in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with the SEC in accordance with the Securities Act (whether alone or in connection with a secondary public offering).

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Public Equity Offering means an underwritten primary public offering of common stock of the Company pursuant to an effective registration statement under the Securities Act.

  • Qualified REIT Subsidiary means any Subsidiary of the General Partner that is a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code.

  • Topco has the meaning set forth in the Preamble.

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Liquidity Event means a Change of Control or an IPO.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Qualified Holdings means, as to any Recipient, all Shares owned beneficially or of record by: (i) such Recipient, or (ii) such Recipient's Customers, but in no event shall any such Shares be deemed owned by more than one Recipient for purposes of this Plan. In the event that more than one person or entity would otherwise qualify as Recipients as to the same Shares, the Recipient which is the dealer of record on the Fund's books as determined by the Distributor shall be deemed the Recipient as to such Shares for purposes of this Plan.

  • Initial Public Offering” (“IPO means an offering of securities registered under the 1933 Act, the issuer of which, immediately before the registration, was not subject to the reporting requirements of Sections 13 or 15(d) of the 1934 Act.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Partnership Percentage means a percentage established for each partner on the Partnership' books as of the first day of each Fiscal Period. The Partnership Percentage of a Partner for a Fiscal Period shall be determined by dividing the amount of the Partner's capital account as of the beginning of the Fiscal Period by the sum of the capital accounts of all of the Partners as of the beginning of the fiscal Period. The sum of the Partnership Percentage for each fiscal Period shall equal one hundred percent (100%).

  • Holdco has the meaning set forth in the Preamble.

  • Warburg Pincus CS", "CSAM", "Credit Suisse" or "Credit Suisse Warburg Pincus".

  • Luxco is defined in the Preamble.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) in any other Person.

  • Equity Offering means any public or private sale of common stock or Preferred Stock of the Company or any of its direct or indirect parent companies (excluding Disqualified Stock), other than: