IPO Termination Date definition
Examples of IPO Termination Date in a sentence
In the event the Company’s initial public offering has been terminated or suspended for any reason before July 1, 2022 (the date of such termination or suspension, the “IPO Termination Date”), then the Repurchase Option shall resume as from the IPO Termination Date to July 1, 2022.
All the parties hereto agree to, and the Company agrees to cause all of its shareholders (other than the Seller) to, work in good faith towards full documentation of the New Shareholders’ Agreement as promptly as reasonably practicable after the IPO Termination Date (but in any event such full documentation shall be completed within fifteen (15) Business Days from the IPO Termination Date).
If the IPO Requirement has not been satisfied by the IPO Termination Date, Tenant shall have the right to exercise the IPO Extension Right by so notifying Landlord ("IPO Extension Notice") by no later than the IPO Termination Date.
If Tenant exercises the IPO Termination Option, Tenant shall surrender full and complete possession of the Premises to Landlord on or before the IPO Termination Date vacant, broom-clean, in good order and condition, and in accordance with the provisions of this Lease (including, but not limited to, Section 28), and thereafter the Premises shall be free and clear of all leases, tenancies, and rights of occupancy of any entity claiming by, through, or under Tenant.
If Tenant shall fail to deliver possession of the Premises on or before the IPO Termination Date in accordance with the terms hereof, Tenant shall be deemed to be a holdover tenant from and after May 1, 2015, and in such event, Tenant shall be subject to the provisions of Section 8 relating to holdover tenancies.
If Tenant properly and timely exercises the IPO Termination Option and properly and timely satisfies all other monetary and non-monetary obligations under this Lease, this Lease shall cease and expire on the IPO Termination Date with the same force and effect as if the IPO Termination Date were the date originally provided in this Lease as the expiration date of the Term.
Upon any such prepayment, (i) the Exercise Period under subparagraph 21(c) hereof shall become the period beginning on May 15, 1998 and ending on May 31, 1998; (ii) the Deliverables shall be deemed to mean the Notes, the Common Shares and all amounts, other than the payment referenced in this subparagraph 21(h), paid to Physician under the Notes, through prepayment or otherwise, through the IPO Termination Date; and (iii) all other terms and conditions of this Paragraph 21 shall remain the same.
Tenant's obligations to pay Rent and Additional Rent under this Lease, and to perform all other Lease obligations for the period up to and including the IPO Termination Date, shall survive the termination of this Lease.
If Tenant timely delivers the IPO Extension Notice to Landlord by the IPO Termination Date, The use of the word "Premises" shall mean the Premises as reconfigured as shown as the cross-hatched area on Exhibit A-4 attached hereto.
If the IPO Repurchase Notice is given, Physician shall deliver to USP the Deliverables (as defined below) no later than the IPO Termination Date.