IPO Roll-up definition
IPO Roll-up means a transaction approved by the Board of Directors of BrightView pursuant to which holders of all or a substantially portion of the equity interests in the Company would contribute such interests to BrightView in exchange for capital stock of BrightView or another transaction pursuant to which all or a substantial part of the Company's equity interests would be converted in to capital stock of BrightView, in connection with an offering and sale to the public of shares of capital stock of BrightView pursuant to a registration statement filed with the U.S. Securities and Exchange Commission under the Securities Act of 1933, as amended.
IPO Roll-up means a transaction approved by the Board pursuant to which holders of all or a substantially portion of the equity interests in the Company would contribute such interests to the Managing Member in exchange for capital stock of the Managing Member, or another transaction pursuant to which all or a substantial part of the Company's equity interests would be converted in to capital stock of the Managing Member, in connection with an offering and sale to the public of shares of capital stock of the Managing Member pursuant to a registration statement filed with the U.S. Securities and Exchange Commission under the Securities Act.