Qualifying Initial Public Offering definition

Qualifying Initial Public Offering means an Initial Public Offering of Australian Borrower or U.S. Borrower (or a new holding company thereof) meeting the following conditions: (a) such Initial Public Offering generates at least *** of Net Cash Proceeds; and (b) such Initial Public Offering is consummated on or prior to the date that is eighteen (18) months after the Closing Date.
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Qualifying Initial Public Offering is an initial public offering of Borrower’s common stock resulting in net proceeds to Borrower of at least Fifty Million Dollars ($50,000,000).
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Qualifying Initial Public Offering means an underwritten initial public offering by Borrower of its Equity Interests in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with the Securities and Exchange Commission in accordance with the Securities Act, as amended (whether alone or in connection with a secondary public offering), resulting in Net Cash Proceeds of at least $40,000,000.
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Examples of Qualifying Initial Public Offering in a sentence

  • These preference shares were convertible upon the occurrence of Qualifying Initial Public Offering ('QIPO') of equity shares of GEL.

  • These preference shares were convertible upon the occurrence of Qualifying Initial Public Offering ('QIPO') of equity shares of the Company.

  • These preference shares were convertible upon the occurrence of Qualifying Initial Public Offering (‘QIPO’) of equity shares of GEL.

  • Initial discussions with the GLA and Local London suggest it is very likely that we will receive this £1M for digital infrastructure improvements once we are part of the sub-regional partnership which can be used to improve connectivity particularly in the south of the borough.

  • In the event of a Qualifying Initial Public Offering, the person(s) entitled to receive the Common Stock issuable upon such conversion of the Junior Preferred shall not be deemed to have converted their Junior Preferred until the closing of the Qualifying Initial Public Offering.

  • Notwithstanding the foregoing, this covenant shall no longer apply after all of the Obligations due to Bank under the Equipment Line are paid in full prior to December 31, 2007 with proceeds from either (x) a Qualifying Initial Public Offering, or (y) the Eligible Equipment Line Refinancing.

  • During any Period when: Levels: Applicable Equipment Interest Rate: EBITDA for the trailing 3 month period less than $1.00 I Prime Rate plus one and one quarter percent (1.25%) per annum EBITDA for the trailing 3 month period greater than $1.00 II Prime Rate plus three quarters of one percent (0.75%) per annum From and after a Qualifying Initial Public Offering III LIBOR Rate, plus 300 basis points per annum.


More Definitions of Qualifying Initial Public Offering

Qualifying Initial Public Offering means the sale of Class A Common Stock in a firm commitment, underwritten public offering registered under the Securities Act of 1933 (other than a registration on Form S-4 under the Securities Act of 1933 (or any successor to such form) or relating to any employee benefit plan of the Corporation) at a price per share of Class A Common Stock of not less than 140% of the Series A Liquidation Preference (as hereinafter defined) divided by the Conversion Rate (as hereinafter defined) that results in aggregate proceeds to the Corporation or selling stockholders of not less than $30,000,000 and the listing of the Class A Common Stock on a national stock exchange or NASDAQ.
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Qualifying Initial Public Offering means an initial public offering of any securities of Borrower pursuant to an effective registration statement under the Securities Act of 1933, as amended, in which the gross proceeds received by Borrower are $35,000,000 or more.
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Qualifying Initial Public Offering means the initial public offering of the Corporation’s Class A Common Shares having gross proceeds of not less than $50 million.
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Qualifying Initial Public Offering means the sale of the Borrower’s common stock in an initial public offering on the NYSE, NASDAQ or other comparable registered public exchange.
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Qualifying Initial Public Offering means a firm commitment underwritten public offering of shares of voting USCB Common Stock (or any shares into which the voting USCB Common Stock is converted, substituted or exchanged) for cash pursuant to a Registration Statement under the Securities Act (i) pursuant to which there is established a listing on the New York Stock Exchange, The Nasdaq Global Market or The Nasdaq Global Select Market for such securities and (ii) with aggregate gross proceeds of at least $40 million (net of underwriting discounts and commissions and selling expenses).
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Related to Qualifying Initial Public Offering

  • Initial Public Offering means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Qualified Initial Public Offering means a firm underwritten offering of the Company pursuant to a registration statement under the Securities Act (i) of common Capital Stock having an aggregate gross offering price of at least $50,000,000 and (ii) reasonably expected to result in more than 100 holders of record of Voting Stock of the Company (exclusive of holdings of Affiliates and employees of the Company).

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • TERMINATION OF THE INITIAL PUBLIC OFFERING means the earlier of (i) the date on which the Initial Public Offering expires or is terminated by the Company or (ii) the date on which all shares of stock offered in the Initial Public Offering are sold, excluding warrants, if any, offered thereunder and shares that may be acquired upon exercise of such warrants and shares offered thereunder that may be acquired pursuant to the Reinvestment Plan.

  • Initial Public Offering” (“IPO means an offering of securities registered under the 1933 Act, the issuer of which, immediately before the registration, was not subject to the reporting requirements of Sections 13 or 15(d) of the 1934 Act.

  • COMMENCEMENT OF THE INITIAL PUBLIC OFFERING means the date that the Securities and Exchange Commission declares effective the registration statement filed under the Securities Act for the Initial Public Offering.

  • Initial Public Offering Price means the price per share of APP Common Stock received by APP before underwriting commissions, discounts or other fees in connection with its Initial Public Offering.

  • Initial Public Offering” or “IPO means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of Sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Public Offering means any offering by the Company of its equity securities to the public pursuant to an effective registration statement under the Securities Act or any comparable statement under any comparable federal statute then in effect (other than any registration statement on Form S-8 or Form S-4 or any successor forms thereto).

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Public Equity Offering means an underwritten public offering of Qualified Capital Stock of the Company pursuant to a registration statement filed with the Commission in accordance with the Securities Act.

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Shelf Offering has the meaning set forth in Section 1(d)(i).

  • IPO means the Company’s initial public offering of securities.

  • Qualifying Offering means a private offering of *****’s equity securities (or securities convertible into or exercisable for *****’s equity securities) for cash (or in satisfaction of debt issued for cash) having its final closing on or after the date of this Agreement and which includes investment by one or more venture capital, professional angel, corporate or other similar institutional investors other than Stanford. For the avoidance of doubt, if ***** is a limited liability company, then “equity securities” means limited liability company interests in *****.

  • Primary Offering means the portion of an Offering other than the Shares offered pursuant to the Company’s distribution reinvestment plan.

  • Secondary Offering means an offering of securities of a publicly traded company that prior to the offering were not registered under the Securities Act of 1933, as amended.

  • Rule 415 Offering means an offering on a delayed or continuous basis pursuant to Rule 415 (or any successor rule to similar effect) promulgated under the Securities Act.

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Periodic Offering means an offering of Securities of a series from time to time, the specific terms of which Securities, including, without limitation, the rate or rates of interest, if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Issuer or its agents upon the issuance of such Securities.

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock under the Act.

  • Marketed Underwritten Shelf Take-Down has the meaning set forth in Section 2.02(e).

  • Firm Commitment has the meaning set forth in Section 4.2.

  • Equity Offering means any public or private sale of common stock or Preferred Stock of the Company or any of its direct or indirect parent companies (excluding Disqualified Stock), other than:

  • Marketed Underwritten Offering means any Underwritten Offering (including a Marketed Underwritten Shelf Take-Down, but, for the avoidance of doubt, not including any Shelf Take-Down that is not a Marketed Underwritten Shelf Take-Down) that involves a customary “road show” (including an “electronic road show”) or other substantial marketing effort by the Company and the underwriters over a period of at least 48 hours.