Qualified IPO

Qualified IPO. The initial underwritten public offering of common Equity Interests of Parent pursuant to an effective registration statement filed with the Securities and Exchange Commission in accordance with the Securities Act of 1933, as amended, that results in at least $50,000,000 of net cash proceeds in the aggregate to Parent and/or its shareholders.

Qualified IPO. Has the meaning set forth in the Note and Unit Subscription Agreement.

Qualified IPO. Shall mean the closing of the sale of shares of Common Stock to the public (i) at a price of at least $7.00 per share (subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Common Stock) in a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act resulting in at least sixty million dollars ($60,000,000) of gross proceeds to the Company,... prior to the deduction of underwriting discount and commissions, or (ii) any other public offering or registration statement approved by (a) an Investor Majority and (b) the Company and the holders of at least a majority of the then issued and outstanding shares of Series C Preferred Stock. View More

Qualified IPO. Means an initial public offering of the Company's Common Stock that results in gross proceeds to the Company of at least US $15,000,000 (net of underwriting discounts and commissions);

Qualified IPO. An underwritten initial public offering of shares of common stock by the Company that (a) is at a per share price to the public of at least 150% of the Exercise Price, (b) results in gross proceeds to the Company of at least $35 Million, and (c) results in such shares being listed for trading on a national securities exchange or being authorized for trading on the Nasdaq National Market System; provided, however, that if there is a "qualified initial public offering" type of provision that is... applicable to the Warrant Shares for purposes of triggering an automatic conversion of such shares and if such provision would result in a later Expiration Date if it was applicable to this Warrant, then such provision shall be deemed to be applicable to this Warrant and substituted for the definition of Qualified IPO in this Warrant. View More

Qualified IPO. A firm commitment underwritten public offering of the Company's Class A Common Stock pursuant to an effective registration statement under the Act for an aggregate price to the public of at least $250 million

Qualified IPO. Shall have the meaning ascribed to such term in the Articles

Qualified IPO. A registered public offering or registered public offerings on a national securities exchange of any class of common shares of the Company or TP Re under the United States securities laws, immediately following which the Company and TP Re together shall have received no less than U.S. $150,000,000.

Qualified IPO. Means the Company's first firm-commitment underwritten public offering of its Common Stock pursuant to an effective registration statement under the Securities Act (provided that if such a public offering is consummated before August 1, 2012, the offering price must be at least $244.12 per share (subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization), resulting in at least $40,000,000 of aggregate gross proceeds to the... Company). View More

Qualified IPO. Shall have the meaning set forth in the Securities Purchase Agreement.