Proceeds of the IPO. The IPO will be a primary offering of common stock of Agilent. All of the IPO Net Proceeds will be distributed to HP by means of a dividend declared prior to the IPO, which IPO Net Proceeds HP ultimately intends to use to satisfy obligations to creditors or to repurchase shares of HP common stock within twelve (12) months following the IPO Closing Date.
Appears in 3 contracts
Sources: Master Separation and Distribution Agreement (Agilent Technologies Inc), Master Separation and Distribution Agreement (Hewlett Packard Co), Master Separation and Distribution Agreement (Agilent Technologies Inc)