Initial Public Offering

Initial Public Offering. Means the consummation of the initial public offering of equity interests in the Company, or any of its direct or indirect parent companies, which offering is registered under the Securities Act.

Initial Public Offering. Shall have the meaning set forth in the Recitals.

Initial Public Offering. Any underwritten initial public offering of securities of the Company, any corporate successor to the Company by way of conversion, PMI Holdings, Inc. or any of their respective Subsidiaries pursuant to an effective registration statement filed under the Act.

Initial Public Offering. Shall have the meaning ascribed to such term in the Company's Amended and Restated Certificate of Incorporation as may be amended from time to time. An Initial Public Offering shall be deemed to have been consummated if and when the registration statement in connection with such public offering shall have been declared effective and the offering of securities thereunder shall have closed in accordance with the terms of the related underwriting agreement.

Initial Public Offering. The first firm commitment underwritten public offering for shares of the Company's Common Stock pursuant to an effective registration statement under the Securities Act of 1933, as amended.

Initial Public Offering. The initial firm commitment underwritten public offering of Company Common Stock consummated for cash and registered under the Securities Act or equivalent foreign securities laws (other than a registration statement on Form F-4, Form S-4 or Form S-8 (or any similar or successor form or equivalent foreign form)) pursuant to which the Company Common Stock is sold and concurrently listed on a national securities exchange in the United States

Initial Public Offering. Is defined as the consummation of a firm commitment underwritten initial public offering of the Company's Common Stock that raises at least $10,000,000 in gross proceeds.

Initial Public Offering. Has the meaning set forth in the Shareholders' Agreement.

Initial Public Offering. The first offer and sale by the Company of its Common Stock in an underwritten, firm-commitment public offering.

Initial Public Offering. Shall have the meaning given to such term in the Principal Investor Agreement.