Successful IPO definition

Successful IPO means an initial public offering of the Company’s common stock in which the market capitalization of the Company immediately following the initial public offering qualifies for listing on the NASDAQ national market exchange.
Successful IPO means ________________. The term of this Agreement shall be for thirty (30) years commencing on the date first written above, unless sooner terminated as set forth herein, and shall automatically renew for successive five (5) years terms unless either party gives the other at least ninety (90) days prior written notice of its intention not to renew prior to the expiration of the then current term.
Successful IPO means the closing of the initial sale by the Company to the public through an underwritten public offering of shares of common stock, $.01 par value ("Common Stock"), of the Company, pursuant to a registration statement (the "Registration Statement") filed under the Securities Act of 1933 (the "Securities Act"), as amended, other than a registration statement covering securities of the Company to be issued pursuant to an employee benefit plan.

Examples of Successful IPO in a sentence

  • Except as provided in the following subparagraph (c), none of the 56,250 Grant B Restricted Shares shall vest if a Successful IPO does not occur during the term of the Employment Agreement (as the term of the Employment Agreement may be extended).

  • Except as provided in the following subparagraph (c), none of the 187,500 Grant B Restricted Shares shall vest if a Successful IPO does not occur during the Service Term.

  • The corporate structure, capital structure, other debt instruments, material accounts and governing documents of the Obligors and Kodiak Corp shall be acceptable to the Administrative Agent in its sole discretion (for the avoidance of doubt, this shall include a review of the Frontier Borrower’s and the Obligors’ proposed structure after giving effect to a Successful IPO).

  • In the event Tenant fails to complete a Successful IPO on or before February 29, 2000, this Lease shall immediately terminate and be of no further force or effect; provided, however, Tenant shall reimburse Landlord for its expenditures through the date of such termination pursuant to that certain side letter dated December 27th, 1999 and countersigned on December 28th, 1999 by and between Landlord and Tenant.

  • This includes but is not limited to the ability to successfully create a compliance and performance driven public company framework capable of producing the required deliverables, reports, procedures, management tools, and underlying support systems, including accounting and financial reporting systems, by the end of year 2018 (75%); and • Successful IPO during 2018 or closing of material M&A(s) with value of $50MM or more during 2018 (25%).


More Definitions of Successful IPO

Successful IPO means the consummation by the Borrower of an initial public offering of its common stock on terms and conditions reasonably acceptable to the Bank, if as a result thereof the Borrower shall have cash on hand free and clear of any liens and restrictions other than liens permitted by this agreement (net of cash underwriting fees and cash payments to holders of the Borrower’s Outstanding Preferred Shares and Options in connection with the conversion of these shares to common stock), in a minimum amount of $50,000,000.
Successful IPO means the sale of shares of comxxx xxock of Chiles pursuant to an effective registration statement under the Sexxxxxxes Act in which Chiles receives gross proceeds of not less than U.S. $100 million.
Successful IPO means an IPO resulting in at least $250.0 million in gross cash proceeds to Holdings.
Successful IPO means the sale of shares of common stock of Xxxxxx pursuant to an effective registration statement under the Securities Act in which Xxxxxx receives gross proceeds of not less than U.S. $100 million.
Successful IPO means a public offering in which no more than thirty percent (30%) of Guarantor (including equity and voting rights) is sold and shall be closed upon receipt by the Guarantor (after payment of all expenses related to such offering) of a minimum of $30,000,000 of new equity capital.
Successful IPO means the substantially contemporaneous occurrence of (i) the Qualified IPO, (ii) the Term Loan Refinancing and (iii) the Kodiak Corp Joinder.
Successful IPO means an IPO with respect to the Borrower in which the Borrower receives net proceeds after underwriting discount and related expenses in excess of Twenty Million Dollars ($20,000,000.00) for the public sale of its stock.