Common use of IPO Proceeds Clause in Contracts

IPO Proceeds. The Parent shall have received (or simultaneously with the closing of the Loans hereunder, the Parent will receive) net cash equity proceeds from the IPO in an amount not less than $85,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Medsource Technologies Inc)

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IPO Proceeds. The Parent shall have received (or simultaneously with the closing of the Loans hereunder, the Parent will receive) net cash equity proceeds from the IPO in an amount not less than $85,000,000 43,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Red Robin Gourmet Burgers Inc)

IPO Proceeds. The Parent shall have received (or simultaneously with the closing of the Loans hereunder, the Parent will receive) net cash equity proceeds from the IPO in an amount not less than $85,000,000 on terms and conditions reasonably acceptable to the Administrative Agent75,000,000.

Appears in 1 contract

Samples: Credit Agreement (Mortons Restaurant Group Inc)

IPO Proceeds. The Parent Borrower shall have received (or simultaneously with the closing of the Loans hereunder, the Parent Borrower will receive) net gross cash equity proceeds from the IPO in 50 an amount not less than $85,000,000 40,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

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IPO Proceeds. The Parent Borrower shall have received (or simultaneously with the closing of the Loans hereunder, the Parent Borrower will receive) net gross cash equity proceeds from the IPO in an amount not less than $85,000,000 40,000,000 on terms and conditions reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

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