IPO Reorganization Transaction definition

IPO Reorganization Transaction means transactions taken in connection with and reasonably related to consummating a Qualifying IPO, so long as, after giving effect thereto, the security interest of the Lenders in the Collateral, taken as a whole, is not materially impaired.
IPO Reorganization Transaction any re-organization or other similar activities among Holdings, the Parent Borrower and its Restricted Subsidiaries in connection with and reasonably related to consummating a Qualified IPO, so long as, after giving effect thereto, (a) the Loan Parties are in compliance with the Collateral and Guarantee Requirement and Sections 5.9 and 5.11, (b) taken as a whole, the value of the Collateral securing the Obligations and the guarantees by the Guarantors of the Obligations are not materially reduced and (c) the Liens in favor of the Agent for the benefit of the Secured Parties under the Security Documents are not materially impaired.
IPO Reorganization Transaction means transactions taken in connection with and reasonably related to consummating an initial public offering, as determined by the Parent.

Examples of IPO Reorganization Transaction in a sentence

  • Any IPO Reorganization Transaction and the payment of all fees and expenses related to any IPO Reorganization Transaction and any Transaction Expense.

  • This Section 7.4 shall not apply to any IPO Reorganization Transaction.

  • Warrington and Halton Hospitals and a second site, Blackpool Teaching Hospitals, will implement the new approach first, by late August, and it will then be introduced across the region through the autumn, in line with the national rollout.


More Definitions of IPO Reorganization Transaction

IPO Reorganization Transaction means (x) each transaction or activities taken in connection with and reasonably related to consummating an initial public offering, so long as the security interest of the Administrative Agent, on behalf of the Lenders, in the Collateral, taken as a whole, is not materially impaired; and (y) each of the transactions, reorganizations and other activities referred to in connection with or as a result of, the “Reorganization Transactions” in the Registration Statement on Form S-1, as amended, of EVO Payments, Inc., a Delaware corporation filed with the Securities and Exchange Commission.
IPO Reorganization Transaction means any re-organization or other similar activities among the Parent Guarantor and any of its Restricted Subsidiaries in connection with and reasonably related to consummating an Equity Offering, so long as, after giving effect thereto, (a) the Co-Issuers and the Guarantors are in compliance with the Collateral and Guarantee Requirement and the collateral and further assurances section in this Indenture, (b) taken as a whole, the value of the Collateral securing the Co-Issuers’ obligations under this Indenture and the Notes and the Notes Guarantees are not materially reduced, and (c) the Liens in favor of the Collateral Agent for the benefit of the Notes Secured Parties under the collateral documents are not materially impaired.
IPO Reorganization Transaction means any transaction taken in connection with and reasonably related to consummating a Qualifying IPO by the Borrower or any Parent Company thereof so long as, after giving effect thereto, (a) the Loan Parties are in compliance with the Collateral and Guarantee Requirements and Section 5.12 and (b) the security interest of the Secured Parties in the Collateral and the Credit Support Collateral, taken as a whole, is not materially impaired (including by a material portion of the assets that constitute Collateral or Credit Support Collateral immediately prior to such IPO Reorganization Transaction no longer constituting Collateral or Credit Support Collateral) as a result of such IPO Reorganization Transaction.
IPO Reorganization Transaction means transactions among the Corporation and its Subsidiaries taken in connection with and reasonably related to consummating an underwritten public offering of the Equity Interests of the Corporation or any Parent Entity.
IPO Reorganization Transaction means any re-organization or other similar activities among any Parent Company, Holdings, the Lead Borrower and the Restricted Subsidiaries in connection with and reasonably related to consummating a Qualifying IPO, so long as, after giving effect thereto, (a) the Loan Parties are in compliance with Section 6.11, (b) taken as a whole, the value of the Collateral securing the Obligations and the Guarantees by the Guarantors of the Obligations are not materially reduced or impaired and (c) the Liens in favor of the Agent for the benefit of the Credit Parties under the Security Documents are not materially impaired.
IPO Reorganization Transaction means any re-organization or other similar activities among any Parent Company, Holdings, the Borrower and the Restricted Subsidiaries in connection with and reasonably related to consummating a Qualifying IPO, so long as, after giving effect thereto, (a) the Loan Parties are in compliance with the Collateral and Guarantee Requirement and Section 6.11, (b) taken as a whole, the value of the Collateral securing the Obligations and the Guarantees by the Guarantors of the Obligations are not materially reduced or impaired and (c) the Liens in favor of the Administrative Agent for the benefit of the Secured Parties under the Security Documents are not materially impaired.
IPO Reorganization Transaction means any re-organization or other similar activities among any Parent Company, Holdings, the Lead Borrower and the Restricted Subsidiaries in connection with and reasonably related to consummating a Qualifying IPO, so long as, after giving effect thereto, (a) the Loan Parties are in compliance with Section 6.11, (b) taken as a whole, the value of the Collateral securing the Obligations and the Guarantees by the Guarantors of the Obligations are not materially reduced or impaired and (c) the Liens in favor of the Agent for the benefit of the Credit Parties under the Security Documents are not materially impaired. “IRS” means the United States Internal Revenue Service. “ISP” means, with respect to any Letter of Credit, the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance). “Issuer Documents” means with respect to any Letter of Credit, the Letter Credit Application, and any other document, agreement and instrument entered into by the L/C Issuer and any Borrower (or any other Loan Party) or in favor the L/C Issuer and relating to any such Letter of Credit. “Joinder Agreement” means an agreement, in form reasonably satisfactory to the Agent pursuant to which, among other things, a Person becomes a party to, and bound by the terms of, this Agreement