Public Offering Transaction definition
Public Offering Transaction means a bona-fide public offering of Common Shares or comparable equity securities by the Company or an affiliated entity pursuant to a prospectus or registration statement filed with one or more securities commisions in Canada or the United States.
Public Offering Transaction means the Company completing a bona fide public offering of its common shares under a prospectus filed with securities regulatory authorities in Canada, or under a registration statement filed with securities regulatory authorities in the United States which results in the common shares being listed on a recognized Canadian stock exchange;
Public Offering Transaction means (i) the acquisition of Equity Interests of the Company by a Permitted Holdco or (ii) the conversion of the Company to a corporation, each in connection with a Public Offering; provided that, in the case of any transaction pursuant to clause (i) of this definition, (x) all of the Equity Interests of the Company owned by the Permitted Holdco shall be pledged to the Administrative Agent and (y) the Permitted Holdco shall become a Guarantor pursuant to a Guaranty in form and substance reasonably satisfactory to the Administrative Agent.
Examples of Public Offering Transaction in a sentence
Neither the engagement of any appraisers nor any determination of value will affect the right of the Board to terminate any Pre-Initial Public Offering Transaction, which the Board is permitted to do at any time in its sole discretion.
Neither the engagement of any appraisers nor any determination of value will affect the right of the Board to terminate any Pre-Initial Public Offering Transaction, which the Board may do at any time in its sole discretion.
More Definitions of Public Offering Transaction
Public Offering Transaction means (i) the acquisition of Equity Interests of the Company by a Permitted Holdco or (ii) the conversion of the Company to a corporation, each in connection with a Public Offering; provided that, in the case of any transaction pursuant to clause (i) of this definition, within 10 Business Days following the consummation of any such Public Offering Transaction, (x) all of the Equity Interests of the Company owned by the Permitted Holdco shall be pledged to the Administrative Agent and (y) the Permitted Holdco shall become a Guarantor pursuant to a Guaranty in form and substance reasonably satisfactory to the Administrative Agent.”