Common use of IPO Commitment Clause in Contracts

IPO Commitment. The Company shall use its best efforts to, no later than nine (9) months after the Effective Date, file with the SEC a registration statement on Form S-1 (or any successor from thereto) to register and sell Common Stock in an IPO.

IPO Commitment. The Company shall use its best efforts to, no later than nine (9) months after the Effective Date, to file with the SEC a registration statement on Form S-1 (or any successor from form thereto) to register and sell Common Stock in an IPOIPO (the “IPO Registration Statement”) by no later than December 31, 2016. In the event that the Company has not filed the IPO Registration Statement with the SEC within five (5) months of the Closing Date, then the Company shall not file the IPO Registration Statement with the SEC until at least six (6) months and one (1) day after the Closing Date.