Examples of IPO Net Proceeds in a sentence
The applicable Schedule of Members in effect as of the Effective Date and after giving effect to the Recapitalization, the IPO Common Unit Subscription Agreement and any Common Units to be purchased by the Corporation from the Members with the IPO Net Proceeds is set forth as Schedule 2 to this Agreement.
Immediately following the consummation of the IPO, the Corporation shall use a portion of the IPO Net Proceeds received from the IPO to effect the IPO Unit Acquisition.
All of the IPO Net Proceeds will be distributed to HP by means of a dividend declared prior to the IPO, which IPO Net Proceeds HP ultimately intends to use to satisfy obligations to creditors or to repurchase shares of HP common stock within twelve (12) months following the IPO Closing Date.
Holdings shall have completed a public offering --------------- of shares of its Capital Stock (the "Initial Public Offering"), and the IPO Net Proceeds shall be at least $65,000,000.
The Company is therefore on track to invest the IPO Net Proceeds ahead of its original target to invest the proceeds within two years of the IPO Admission.