IPO Closing Date definition

IPO Closing Date means the closing date of the IPO.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

IPO Closing Date means the date on which the Company first receives payment for the shares of Common Stock it sells in the IPO.

IPO Closing Date means the first date on which the proceeds of any sale of KBR Common Stock to the underwriters in the IPO are received.

Examples of IPO Closing Date in a sentence

• Prior to the Initial Closing, each of the Parties will exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its respective business, assets and operations and the business, assets and operations of its respective Subsidiaries (and, for the avoidance of doubt, after the IPO Closing Date, shall maintain control with respect to any portion thereof that is not contributed to PubCo or its Subsidiaries pursuant to this Agreement).

• Nothing contained in this Agreement will give any Party, directly or indirectly, the right to control or direct the operations of any other Party prior to the Initial Closing Date or IPO Closing Date, as applicable.

• Each of PubCo and, following the date on which OpCo becomes a Party, OpCo (collectively, the “Public Company Group” and each, a “Public Company Group Member”) hereby represents and warrants to the other Parties that each statement contained in this Article VII is true and correct as of the date hereof and as of Initial Closing Date and the IPO Closing Date.

• GIC hereby represents and warrants to the other Parties that each statement contained in this Article VIII is true and correct as of each of the Initial Closing Date and the IPO Closing Date.

More Definitions of IPO Closing Date

IPO Closing Date means the closing date of the IPO, which for the avoidance of doubt means the date on which all IPO Net Proceeds required to be delivered pursuant to the Underwriting Agreement have been delivered to the Corporation in respect of its sale of Class A Common Stock excluding any proceeds from the Over-Allotment Option which may be delivered at a subsequent date following exercise of such option.

IPO Closing Date means the date on which the Parent first receives payment for the Parent Shares it sells to the Underwriter in the IPO.

IPO Closing Date means the date on which RW first receives payment for the shares of RW Common Stock it sells to the Underwriter in the IPO.

IPO Closing Date has the meaning given to such term in the Reorganization Agreement.

IPO Closing Date has the meaning set forth in the Section 3.3 hereof.

IPO Closing Date means the first date on which Common Units were sold by the Partnership to the IPO Underwriters pursuant to the provisions of the Underwriting Agreement.

IPO Closing Date means the earlier to occur of (A) the date of consummation of the Company’s IPO or (B) if prior to the Company’s IPO, a Change of Control Transaction is completed with a successor corporation that is not then Publicly Traded, the date of consummation of such successor corporation’s IPO.