Initial Offering. The Company’s first firm commitment underwritten public offering of its Common Stock under the Securities Act.
Initial Offering. (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall pay cash to the Partnership in exchange for the issuance and sale by the Partnership of Common Units to each Underwriter, all as set forth in the Underwriting Agreement.
Initial Offering. Unless otherwise determined by the Investors holding a majority of the outstanding shares of Series D Preferred, promptly following the Closing (as defined in the Purchase Agreement) the Company shall use its best efforts to consummate an Initial Offering that constitutes a Qualified IPO; provided, however, that this Section 3.14 shall only apply to the extent such Initial Offering is approved by the Board and determined to be in the best interests of the Company and the stockholders of the Company.
Initial Offering. The Company’s initial public offering of primary Shares pursuant to Registration Statement no. 333-140887.
Initial Offering. For purposes of this Agreement, the term “Initial Offering” shall have the meaning given to such term in the Investors’ Rights Agreement.
Initial Offering. The term "
Initial Offering. The term “Initial Offering” means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.
Initial Offering. Pursuant to the terms and conditions set forth in this Agreement, on the Initial Closing Date (as defined in Section 4.1), Companies shall sell to each Purchaser, and each Purchaser shall purchase from Companies, the applicable original issue discount Notes listed on Schedule 1 under the heading “Initial Notes” and set forth opposite such Purchaser’s name, in the original aggregate principal amount of Four Million Forty Thousand dollars ($4,040,000) (each as amended, restated, modified and/or supplemented from time to time, an “Initial Note” and collectively the “Initial Notes”; and the result of (i) the principal amount of the Initial Notes purchased by a Purchaser and listed on Schedule 1 under the heading “Initial Notes” set forth opposite such Purchaser’s name, divided by (ii) Four Million Forty Thousand dollars ($4,040,000) being referred to as such Purchaser’s “Allocation Percentage”). The sale of the Initial Notes and the Closing Shares (as such term is defined below) on the Initial Closing Date shall be known as the “Initial Offering.” The Initial Notes will mature on the Maturity Date (as defined in each Initial Note). The Initial Notes shall be substantially in the form attached hereto as Exhibit A and shall include such notations, legends or endorsements set forth therefor or required by law. The proceeds of the Initial Notes are to be used in accordance with Section 8.12 of this Agreement.
Initial Offering. (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall pay cash to Hi-Crush Proppants in exchange for the sale by Hi-Crush Proppants of Common Units to each Underwriter, all as set forth in the Underwriting Agreement.
Initial Offering. The proceeds from the Initial Offering which were payable to Borrower were used to pay income tax liabilities of Borrower with the balance used to pay the Borrower's Indebtedness to the Banks.
