Examples of Parent Equity Offering in a sentence
Preamble "Parent Equity Offering"..........................................
Each Holder agrees that it will, if requested, enter into a customary lock-up agreement with the managing underwriter of the Parent Common Shares for 45 days after the closing of the Parent Equity Offering.
The Lock-up Period shall not apply to distributions of Parent Common Shares or any security convertible into Parent Common Shares to limited partners of members or other investors of the Holders; provided that the Holders shall agree to not effect any such distribution until at least 30 days after the closing of the Parent Equity Offering.
Each Holder shall keep confidential any communications received by it from the Parent regarding a Parent Equity Offering and Lock-up Period.
Indebtedness of Foreign Subsidiaries; provided, however, that the aggregate principal amount of Indebtedness incurred under this clause (18) which, when aggregated with the principal amount of all other Indebtedness then outstanding and incurred pursuant to this clause (18), does not exceed $15.0 million.
Parent shall promptly (but in no event later than August 25, 2000) obtain all requisite corporate and stockholder approvals and waivers of preemptive rights to authorize an increase in the authorized capital of Parent sufficient to enable the Parent to make the Parent Equity Offering.
Parent shall apply for a listing on either the Oslo Stock Exchange (the “OSE”), or at the option of Parent, the London Stock Exchange (the “LSE”), for all Parent Common Shares, including the Parent Common Shares to be issued in the Merger and the Parent Common Shares to be issued in the Parent Equity Offering, and shall use its reasonable best efforts to obtain such listing prior to the Effective Time.
The Parent Equity Offering shall have been completed or shall be closing concurrently on the Closing Date.
Upon request of the Company, Parent shall keep the Company reasonably informed on a reasonably prompt basis of the status of its efforts to consummate the offering, or series of offerings, that shall constitute the Parent Equity Offering.
The Parent Equity Offering shall have either closed and Parent shall have received at least $35,000,000 in proceeds or shall be closing concurrently on the Closing Date.