Examples of IPO Vehicle in a sentence
Make any significant change in accounting treatment or reporting practices, except as required by GAAP, or change the fiscal year of Parent, IPO Vehicle, Borrower or of any Subsidiary thereof, except to change the fiscal year of a Subsidiary to conform its fiscal year to that of Borrowers.
Each of the Company and KCLLC covenant and agree that prior to the consummation of any initial public offering of the equity securities of the IPO Vehicle, the Company and KCLLC shall assign to the IPO Vehicle, and cause the IPO Vehicle to assume, all of the obligations of the Company and KCLLC hereunder.
The completion of the purchases pursuant to the foregoing shall take place at the principal office of the Company, Oncor or the IPO Vehicle, as applicable, no later than, subject to Section 6(e) below which provides for the payment of quarterly dividends by Oncor or the IPO Vehicle, the fifteenth Business Day after the giving of the Repurchase Notice.
The rights and obligations of the Company and KCLLC hereunder shall be binding on and inure to the benefit of the IPO Vehicle, if the IPO Vehicle is not the Company or any successor entity.
Make any significant change in accounting treatment or reporting practices, except as required by GAAP, or change the fiscal year of Parent, IPO Vehicle, Borrower or of any Subsidiary, except to change the fiscal year of a Subsidiary to conform its fiscal year to that of Borrowers.