Common use of IPO Proceeds Clause in Contracts

IPO Proceeds. An initial public offering of common stock of the Borrower or its direct or indirect parent company, as the case may be, in an amount not less than $275,000,000 shall have been consummated on or prior to the date that is six months after the date of this Amendment;

Appears in 2 contracts

Sources: Credit Agreement (Summit Materials, LLC), Credit Agreement (Summit Materials, Inc.)

IPO Proceeds. An initial public offering of common stock of the Borrower or its direct or indirect parent company, as the case may be, in an amount not less than $275,000,000 shall have been consummated on or prior to the date that is six months after the date of this Amendment;

Appears in 1 contract

Sources: Credit Agreement (Summit Materials, Inc.)