IPO Entity definition

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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

IPO Entity has the meaning set forth in the definition of “Qualified IPO.”

IPO Entity means, at any time after an IPO, Holdings, a parent entity of Holdings or any Subsidiary of Holdings and of which the Borrower is a Subsidiary, as the case may be, the Equity Interests of which were issued or otherwise sold pursuant to the IPO; provided that, immediately following the IPO, the Borrower is a Wholly Owned Subsidiary of such IPO Entity and such IPO Entity owns, directly or through its subsidiaries, substantially all the businesses and assets owned or conducted, directly or indirectly, by the Borrower immediately prior to the IPO.

Examples of IPO Entity in a sentence

In determining Fair Market Value, (i) the offering price of the Initial Public Offering shall be used by the Board to determine the Fair Market Value of the capital stock or other equity interests of the IPO Entity and (ii) the Distributions that the Members would have received with respect to their Units if the Company were dissolved, its affairs wound up and Distributions made to the Members in accordance with Section 13.3(c) shall determine the Fair Market Value of the Units.
In connection with a transaction described in Section 11.5(a), the Board shall, in good faith but subject to the following sentence, determine the Fair Market Value of the assets and/or Units Transferred to, merged with or converted into shares of the IPO Entity, the aggregate Fair Market Value of the IPO Entity and the number of shares of capital stock or other equity interests to be issued to each Member in exchange or in consideration therefor.
In addition, any Units to be converted into or redeemed or exchanged for shares of the IPO Entity shall receive shares of voting common stock with substantially equivalent economic, priority and other rights and privileges as in effect immediately prior to such transaction (disregarding the tax treatment of such transaction).
In order for a Blackstone Entity or a Co-Investor (after the expiration of the Coordination Period) to exercise its right to demand that a registration statement be filed, it must so notify the IPO Entity in writing indicating the number of Registrable Securities sought to be registered and the proposed plan of distribution.
Notwithstanding the foregoing, each Co-Investor shall not be subject to such lockup arrangements so long as such Co-Investor holds less than 1% of the then outstanding Capital Stock of the IPO Entity.

More Definitions of IPO Entity

IPO Entity means the issuer in a Qualified IPO.

IPO Entity has the meaning set forth in Section 11.5(a). “Issuance Notice” has the meaning set forth in Section 9.1(c).

IPO Entity means the Company or any other subsidiary or holding company of the Company as determined by the Board.

IPO Entity means, at any time after an IPO, Initial Holdings, a parent entity of Initial Holdings or an Intermediate Parent, as the case may be, the Equity Interests of which were issued or otherwise sold pursuant to the IPO; provided that, immediately following the IPO, the Borrower is a Wholly Owned Subsidiary of such IPO Entity and such IPO Entity owns, directly or through its subsidiaries, substantially all the businesses and assets owned or conducted, directly or indirectly, by the Borrower immediately prior to the IPO.

IPO Entity has the meaning given to it in the definition of “Initial Public Offering.”

IPO Entity means, following any IPO, the Person the Capital Stock of which is publicly traded as a result of such IPO (which may, for the avoidance of doubt, be a Person the Capital Stock of which was publicly traded prior to such IPO).

IPO Entity means GoDaddy Inc.

Filter & Search

Related Definitions