PIPE Sample Clauses
The PIPE (Private Investment in Public Equity) clause governs the terms under which private investors can purchase shares of a publicly traded company, typically at a discount to the current market price. This clause outlines the process for such investments, including pricing, timing, and any restrictions on resale of the acquired shares. By providing a structured mechanism for raising capital quickly from private sources, the PIPE clause helps public companies access needed funds efficiently while offering investors favorable terms.
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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Buyer, each other party thereto (except, in any case, as may be limited by the Remedies Exception) and (c) has not been withdrawn, terminated or rescinded in any respect.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. On this project, reinforced concrete pipe (RCP) shall be used for Storm Drain and/or Side Drain Pipe. It shall meet the requirements of Georgia Standard 1030-D and the current edition of the Georgia Drainage Manual covering Storm Drain Pipe. Pipe End Treatments shall also be Concrete (Ref. GDOT Standards 1120, 1122 alt.3, and/ or others).
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 ▇▇▇▇▇▇▇▇ ▇▇▇ hardness.
PIPE. 12.1 32mm Low Pressure Sewer Service and Suction Pipes – shall be LDPE Series 100, factory marked CSA B137.0
12.2 Piping shall be provided with a minimum of 2.5m (8 feet) cover, except under roads or driveways where cover shall not be less than 3.0m (10 feet). No joints are permitted between the saddle or curb stop and pump.
PIPE. The Acquiror agrees to use its commercially reasonable efforts to enter into and consummate subscription agreements with investors relating to a private placement of shares (including, for the avoidance of doubt, preferred equity) in the Acquiror, and/or the entry into backstop arrangements with potential investors (a “PIPE”). Each of the Company and the Acquiror shall use, and shall cause their respective representatives to use, their respective commercially reasonable efforts to cause such PIPE to occur, and having the senior management of the Acquiror and, to the extent the Acquiror deems necessary or advisable in its sole and absolute discretion, the Company, to participate in any investor meetings and roadshows with respect to a PIPE as reasonably requested; provided, that, any such PIPE must not adversely impact the Intended Tax Treatment..
PIPE. The consummation of the PIPE or an alternative acquisition financing transaction at least in the amount of $3,500,000.
PIPE. Completion of the PIPE Investment in the PIPE Investment Amount shall have occurred or shall be ready to occur substantially concurrently with the Closing.
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 P▇▇▇ ▇▇▇▇▇, M▇▇▇▇▇▇ ▇▇▇▇▇▇▇, S▇▇▇▇▇ St. P▇▇▇▇ and E▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇. 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. The Pipeline will be constructed using electric resistance welded low carbon steel pipe API-5L, X56 or better. The pipe will be designed for a maximum hoop strength less than 20% of the specified minimum yield strength (SMYS). The pipe will have a longitudinal joint factor (E) of 1.00.
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.
(b) From the date of the announcement of this Agreement until the Closing Date (or, if earlier, the valid termination of this Agreement pursuant to Article X), each of the Parties shall use its reasonable best efforts to, and shall instruct its financial advisors to, keep the other Parties and the other Parties’ financial advisors reasonably informed with respect to the PIPE Financing during such period, including by (i) providing regular updates and (ii) consulting and cooperating with, and considering in good faith any feedback from, the other Parties or the other Parties’ financial advisors with respect to the PIPE Financing.