PIPE Sample Clauses

PIPE. CR-Ni-Fe-Mo-Cu-Cb stabilized alloy piping (Alloy 20) will conform to ASTM B 464 UNS NO8020. -------------------------------------------------------------------------------- Proprietary Information Page 9 AES IRONWOOD CONTRACT FINAL ISSUE - OCTOBER 30, 1998 -------------------------------------------------------------------------------- 2x1 501G REFERENCE PLANT APPLICATION HANDBOOK -------------------------------------------------------------------------------- MECHANICAL ENGINEERING DESIGN CRITERIA -------------------------------------------------------------------------------- Tubing Materials Tubing materials will generally be in accordance with the following criteria: o Copper Tubing. Copper tubing 3/8 inch and smaller will be light-drawn temper tubing conforming to ASTM B 75. Copper tubing 1/2 inch and larger will be ASTM B 88, type K drawn temper. o Copper tubing will be oxygen-free or phosphorus-deoxidized copper. Oxygen-bearing tough pitch copper tubing will not be used. o Stainless Steel Tubing. Stainless steel tubing will conform to ASTM A 213, Type 316. All stainless steel tubing will be the fully annealed type, with a carbon content greater than 0.04 percent. Stainless steel tubing for use with tubing fittings will not exceed Xxxxxxxx X00 hardness.
PIPE. 12.1 32mm Low Pressure Sewer Service and Suction Pipes – shall be LDPE Series 100, factory marked CSA B137.0
PIPE. PATY shall, prior to the Closing Date, enter into one or more transactions for the sale of PATY Common Stock to investors through private transactions (individually and collectively hereinafter referred to as a “PIPE”) on terms reasonably acceptable to each of Xxxxx Xxxxxxxx and Xxxxxx Xxxxxx (which consent shall not be unreasonably withheld). Any amounts raised through a PIPE up to an aggregate of $6,000,000 gross proceeds (hereinafter referred to as the “Initial PIPE Proceeds”) may only be used by PATY for working capital purposes including, without limitations, (i) the expenses associated with such PIPE or PIPEs and (ii) the satisfaction of accounts payable and expenses accrued in the ordinary course of its business. Notwithstanding anything herein to the contrary, none of the PATY Common Stock issued or issuable pursuant to securities issued in exchange for the Initial PIPE Proceeds (hereinafter referred to as the “Initial PIPE Securities”) shall be considered outstanding on the Closing Date for purposes of Section 2.2(a). Any amounts raised by PATY through a PIPE in excess of an aggregate of $6,000,000 gross proceeds (hereinafter referred to as the “Supplemental PIPE Proceeds” may be used for working capital purposes including, without limitation, (i) the expenses associated with such PIPE, and (ii) the satisfaction of accounts payable and expenses accrued in the ordinary course of its business, or repayment of debt associated with the Xxxxx Fargo Credit Line as PATY may determine, in its sole discretion. Notwithstanding anything herein to the contrary, in no event shall the PATY Common Stock issued or issuable pursuant to securities issued in exchange for the Supplemental PIPE Proceeds (hereinafter referred to as the “Supplemental PIPE Securities”) be considered outstanding on the Closing Date for purposes of Section 2.2(a), unless such Supplemental PIPE Proceeds are used by PATY to repay all or any portion of the outstanding balance owed on the Xxxxx Fargo Line of Credit (as defined herein), in which case the Supplemental PIPE Securities yielding the Supplemental PIPE Proceeds used to repay the Xxxxx Fargo Line of Credit shall be considered outstanding on the Closing Date for purposes of Section 2.2(a). If (and only if) the Supplemental PIPE Proceeds are used to repay the Xxxxx Fargo Line of Credit in its entirety, any additional Supplemental PIPE Proceeds may be reserved for use by PATY to pay the Sonenshine Partners Fee (as defined in the Stockhol...
PIPE. Buyer has delivered to the Company true, correct and complete copies of the each of the Subscription Agreements pursuant to which each PIPE Investor party thereto has committed, subject to the terms and conditions therein, to purchase shares of Buyer Class A Common Stock in the aggregate for an aggregate amount equal to the PIPE Investment. As of the date of this Agreement, each Subscription Agreement (a) is in full force and effect without amendment or modification, (b) is the valid, binding and enforceable obligations of Buyer and, to the knowledge of Buyer, each other party thereto (except, in any case, as may be limited by the Remedies Exception) and (c) has not been withdrawn, terminated or rescinded in any respect. There are no other side letters or Contracts between Buyer and any PIPE Investor relating to any Subscription Agreement, that would reasonably be expected to affect the obligations of the PIPE Investors to contribute to Buyer the applicable portion of the PIPE Investment set forth in the Subscription Agreements, and, to the knowledge of Buyer, no facts or circumstances exist that may reasonably be expected to result in any of the conditions set forth in any Subscription Agreement not being satisfied, or the PIPE Investment not being available to Buyer, on the Closing Date. As of the date of this Agreement, no event has occurred that, with or without notice, lapse of time or both, would (i) constitute a material default or breach on the part of Buyer or the PIPE Investors party to any Subscription Agreement, (ii) constitute a failure to satisfy a condition on the part of Buyer or the PIPE Investor party to a Subscription Agreement or (iii) result in any portion of the amounts to be paid by the PIPE Investors in accordance with the Subscription Agreements being unavailable on the Closing Date. As of the date of this Agreement, Buyer has no reason to believe that it will be unable to satisfy in all material respects on a timely basis any term or condition of Closing to be satisfied by it contained in any Subscription Agreement. The Subscription Agreements contain all of the conditions precedent (other than the conditions contained in this Agreement or the Additional Agreements) to the obligations of the PIPE Investors to contribute to Buyer the applicable portion of the PIPE Investment set forth in the Subscription Agreements on the terms therein. As of the date of this Agreement, Buyer has, and, to the knowledge of Buyer, each PIPE Investor ...
PIPE. (a) Each of ASI and VIL hereby agree to commit to invest in the PIPE, as follows:
PIPE. (a) To the Knowledge of the Company, with respect to each PIPE Investor, the PIPE Agreement with such PIPE Investor is in full force and effect and has not been withdrawn or terminated, or otherwise amended or modified, in any respect, and no withdrawal, termination, amendment or modification is contemplated by the Company. The PIPE Agreements provide that SPAC is a third party beneficiary and is entitled to enforce such agreements against the PIPE Investor. In the event that all conditions in the PIPE Agreements have been satisfied, the Company and SPAC have the rights to take, or to cause to be taken, all actions required, necessary or that it otherwise deems to be proper or advisable to consummate the transactions contemplated by the PIPE Agreements on the terms described therein.
PIPE. As of the Closing Date, the PIPE shall have been completed, and the aggregate amount of at least Twenty Five Million U.S. Dollars ($25,000,000) shall have been released to MICT.
PIPE. SIGA shall, prior to the Closing Date, enter into one or more agreements related to the sale of at least $25,000,000 worth of SIGA Common Stock to investors through private transactions (individually and collectively hereinafter referred to as a “PIPE”) on terms reasonably acceptable to a committee to consist of each of Pxxx Xxxxx, Mxxxxxx Xxxxxxx, Sxxxxx St. Pxxxx and Exxxxxxxx Xxxxxxxx. Notwithstanding the foregoing, if the terms of any proposed PIPE are consistent with the term sheet attached hereto as Exhibit D, the terms shall be deemed to be satisfactory to the committee and the approval of such four individuals shall not be required. Any shares of (a) SIGA Common Stock or (b) SIGA Common Stock issuable upon the conversion of SIGA Warrants, issued pursuant to a PIPE shall, for purposes of Section 2.2, be deemed not to be issued and outstanding.
PIPE. A. All piping (mains, risers or branches) shall be of steel, black or galvanized. Threaded fittings are not acceptable for piping less than Schedule 40.
PIPE. NESR shall procure that, in the period prior to NESR Closing, each Reinvesting Selling Stockholder (or any Affiliate(s) nominated by it) is offered the opportunity to subscribe for upto 50 percent of any Equity Stock or any other shares or stock in the share capital of NESR or any instrument that is convertible into or exercisable or exchangeable for, or which gives the right to subscribe for, Equity Stock or any other shares or stock in the share capital of NESR that is proposed to be issued by NESR (“Proposed Equity Instrument”), before such Proposed Equity Instrument is offered for subscription to any other person. The Proposed Equity Instrument shall be offered to the Reinvesting Selling Stockholders (or any of its Affiliate(s) nominated by it) in the Reinvestment Proportion, provided that any Proposed Equity Instrument not taken up by any Reinvesting Selling Stockholder (or its Affiliate(s) shall be offered to each other Reinvesting Selling Stockholder (or any Affiliate(s) nominated by it) in proportion to their Reinvestment Proportion before it is offered to any third party. If any Proposed Equity Instrument is proposed to be offered for subscription to a third party as a result of the Reinvesting Selling Stockholders (or their Affiliate(s)) not subscribing for it, then it shall be offered on terms that are no more favourable to that third party than the terms offered to the Reinvesting Selling Stockholders and any such subscription must be completed within a period of 60 days from the date that the Proposed Equity Stock was first offered to the Reinvesting Selling Stockholders. A Reinvesting Selling Stockholder (or its nominated Affiliate(s)) shall, from the date of receiving the written notice of the offer for subscription of Proposed Equity Stock referred to in this Section, have 48 hours to accept or decline the offer. Any Reinvesting Selling Stockholder that accepts such offer for subscription shall be entitled to satisfy any subscription price or other consideration due for any Proposed Equity Instrument by setting off all or any part of such price or consideration against all or any part of the NESR Initial Cash Consideration that shall be otherwise due to it at NESR Closing (and NESR shall procure that such Reinvesting Selling Stockholder’s payment obligations in respect of any such Equity Instrument shall be so deferred until NESR Closing).