Examples of Parent IPO in a sentence
If the Parent IPO is terminated for any reason, or if the Parent IPO does not occur by March 31, 2002, this Agreement shall terminate and be of no further force or effect.
Make any significant change in accounting treatment or reporting practices, except as required by GAAP, or change the fiscal year of Parent, IPO Vehicle, Borrower or of any Subsidiary thereof, except to change the fiscal year of a Subsidiary to conform its fiscal year to that of Borrowers.
The Required Lenders acknowledge and agree that, in connection with the consummation of the Parent IPO, the obligation to pay annual management fees under the Management Agreements will be terminated in exchange for a lump sum payment to each of the Sponsors of $5,000,000 ($10,000,000 in the aggregate), and that the foregoing shall be deemed not to violate any provision of the Credit Agreement to the contrary.
The Administrative Agent shall have received copies of all Governmental Approvals and third party consents and approvals necessary or advisable in connection with the (i) Financing Transaction, (ii) the continuing operations of Borrower and its Subsidiaries, and (iii) Parent IPO, and all applicable waiting periods and appeal periods shall have expired, in each case without the imposition of any conditions which could reasonably be expected to have a Material Adverse Effect.
Hence, the demise of the Khoury administration was a direct result of the refusal of the Sunni leadership to cooperate with it, rather than cause popular discontent.