IPO Entity means, at any time at and after an IPO, the Borrower or a parent entity of the Borrower, as the case may be, the Equity Interests in which were issued or otherwise sold pursuant to the IPO.
Converted Restricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”
Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”
Qualified IPO means the issuance by Holdings or any direct or indirect parent of Holdings of its common 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 U.S. Securities and Exchange Commission in accordance with the Securities Act (whether alone or in connection with a secondary public offering).
Sale Transaction has the meaning set forth in Section 3(a).
Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.
Significant Transaction means a transaction which meets any one of the tests below: