Inter-Group Notes. On the IPO Settlement Date, WhiteWave shall contribute to WWF Operating Company substantially all of the initial net proceeds of the IPO (including the net proceeds from the exercise of the Underwriters’ overallotment option if it is settled at the initial closing of the IPO) (after deducting the underwriting discount and expenses of the IPO) and substantially all of the initial net proceeds of the WhiteWave Borrowing and cause WWF Operating Company to use such proceeds to repay to ▇▇▇▇ Foods WWF Operating Company’s obligations under the Inter-Group Notes.
Appears in 4 contracts
Sources: Separation and Distribution Agreement (Dean Foods Co), Separation and Distribution Agreement (WHITEWAVE FOODS Co), Separation and Distribution Agreement (WHITEWAVE FOODS Co)