Examples of Pubco IPO in a sentence
The Pubco IPO (as defined in the Credit Agreement) shall have been or, substantially concurrently with the initial funding of the Tranche B Term Loans by the Tranche B Term Lenders hereunder shall be, consummated and the gross proceeds thereof shall be at least $600,000,000.
Abrasion may be induced by many sources from outside and inside the system.
Wherever the term Units is used herein in reference to a time after a Pubco IPO, it shall be deemed to refer instead to the Class A common stock Pubco, as applicable.
The number of Equity Securities attributable to each Vesting Date will be computed shortly after the Pubco IPO as provided in the preceding sentence, and will not vary from one Vesting Date to another.
Except as expressly provided herein, neither this Warrant nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument referencing this Warrant and signed by the Company (or following a Pubco IPO, Pubco) and the Holder.
For the avoidance of doubt, in the event of a Pubco IPO, the Warrant shall be exercisable for shares of Class A common stock of Pubco based upon the value per Unit as it may be exchangeable into Pubco Class A common stock (and subject to appropriate adjustments as set forth herein).
For purposes of this Section 2(c), Pubco shall be deemed to have “initiated” the Pubco IPO if it files a registration statement with the U.S. Securities and Exchange Commission, if the Pubco IPO is to occur in the United States, or takes other comparable steps in any applicable foreign jurisdiction, if the Pubco IPO is to occur in a non-U.S. jurisdiction.
Payments of Equity Securities under this Section 2(c) will be made within 60 days after the applicable Vesting Date, or if later, upon the closing of the Pubco IPO, provided that if a Pubco IPO shall have been initiated before the 60th day following a Vesting Date but not completed by March 1 of the year following such Vesting Date, the applicable vested and outstanding Award amount shall be paid to Executive in cash by March 15th of such year.
In the event a case is thrown out by a prosecutor or sentenced verdict of not-guilty is reached by the court, the content of the accusation, the explanation for the prosecution’s dismissal of the case, and the verdict should be carefully examined to determine if any punishment is necessary and to ensure that administrative responsibility has been duly taken.
The number of Equity Securities to be issued to the Executive of each such date shall be determined by dividing the portion of the Award that becomes vested on such date by the price per share of Equity Securities paid by the public in the Pubco IPO.