Use of IPO Proceeds. Pubco shall use proceeds from the IPO as set forth in the Underwriting Agreement, including to contribute cash to the Company in exchange for Common Units in accordance with Section 2.1(c) and (d), and the Company shall use such proceeds as set forth in the Underwriting Agreement, including the IPO Unit Redemption.
Appears in 2 contracts
Sources: Master Reorganization Agreement (Flowco Holdings Inc.), Master Reorganization Agreement (Flowco Holdings Inc.)