IPO Approval definition
IPO Approval means the receipt by the Borrower from the Relevant Exchange of approval to register the prospectus or offer document for the Proposed IPO;
IPO Approval has the meaning given to such term in the Recitals.
IPO Approval means the U.S. Securities and Exchange Commission (the “SEC”) approval on Pubco’s F1 filing (or equivalent prospectus) for an Initial Public Offering on a US stock exchange;
Examples of IPO Approval in a sentence
Subject to Clause 5.1, the Shareholders shall be entitled, subject to terms of the IPO Approval Letter (subject to any waiver as mentioned above), to conduct an offer for sale of the Shares of the Company and the Company, SFL and QMT shall cooperate in such sale.
The parties hereto hereby acknowledge that pursuant to Section 6.01(a) of the Shareholders’ Agreement, upon written consent of all parties to that certain IPO Approval and Lockup Agreement dated effective as of February 22, 2000, as amended as of April 18, 2001, a Demand Registration may be made prior to August 22, 2001.