IPO definition
Examples of IPO in a sentence
Notwithstanding anything herein to the contrary, the Representative or its designees or Permitted Transferees may not exercise their rights under Sections 2.1 and 2.2 hereunder after five (5) and seven (7) years, respectively, from the commencement of sales in the Company’s IPO, respectively.
Notwithstanding anything to the contrary, following an IPO Failure (as defined below), the Redeemable Preferred Equity shall be expressly subordinated, and shall receive no consideration or distribution, in any Alternate Transaction (as defined below) unless and until the Make-Whole Amount (as defined below) has been paid in full to the holders of the Series A Preferred Stock.
The notice periods set forth in this subsection 2.2.1 shall not apply to an Underwritten Shelf Takedown conducted in accordance with subsection 2.3.3. Notwithstanding the foregoing, the Representative may not exercise its “piggyback” registration rights after seven (7) years from the commencement of sales in the Company’s IPO.
Notwithstanding the foregoing, the Representative may not exercise its demand registration rights after five (5) years from the commencement of sales in the Company’s IPO, and may not exercise its demand rights on more than one occasion.
Notwithstanding anything to the contrary herein or in the Operating Budget, without the prior written consent of the Buyer, none of the proceeds of the transactions contemplated by this Agreement shall be used, directly or indirectly, to make any payment (including any principal, interest, fees or other amounts) to the “Seller” or any of its affiliates in respect of the transactions contemplated by the Merger Agreement or otherwise, unless and until the occurrence of the IPO.