{"component": "clause", "props": {"groups": [{"samples": [{"hash": "jlYA7QPwRLB", "uri": "/contracts/jlYA7QPwRLB#pipe-subscriptions", "label": "Business Combination Agreement (NewAmsterdam Pharma Co N.V.)", "score": 33.892539978, "published": true}, {"hash": "1QkJOQqltyC", "uri": "/contracts/1QkJOQqltyC#pipe-subscriptions", "label": "Business Combination Agreement (Frazier Lifesciences Acquisition Corp)", "score": 33.5612602234, "published": true}], "size": 40, "snippet": "Unless otherwise approved in writing by FLAC or Holdco, as the case may be, neither Holdco nor FLAC shall permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Subscription Agreements, in each case, other than any assignment or transfer contemplated therein or expressly permitted thereby (without any further amendment, modification or waiver to such assignment or transfer provision); provided that, in the case of any such permitted assignment or transfer, the initial party to such Subscription Agreement shall remain bound by its obligations with respect thereto in the event that the transferee or assignee, as applicable, does not comply with its obligations to consummate the purchase of Holdco Shares contemplated thereby. Subject to the immediately preceding sentence and in the event that all conditions in the Subscription Agreements have been satisfied, each of Holdco and FLAC shall use its respective reasonable best efforts 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 Subscription Agreements on the terms described therein, including using its reasonable best efforts to enforce its rights under the Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) Holdco the applicable purchase price under each PIPE Investor\u2019s applicable Subscription Agreement in accordance with its terms. Without limiting the generality of the foregoing, Holdco and FLAC shall give each other prompt written notice: (i) of the receipt of any request from a PIPE Investor for an amendment to any Subscription Agreement; (ii) of any material breach or material default to the knowledge of Holdco or FLAC, as the case may be (or any event or circumstance that, to the knowledge of Holdco or FLAC, as the case may be, with or without notice, lapse of time or both, would be reasonably likely to give rise to any such breach or default) by any party to any Subscription Agreement; (iii) of the receipt by Holdco or FLAC of any written notice or other written communication from any PIPE Investor with respect to any actual or threatened or claimed expiration, lapse, withdrawal, breach, default, termination or repudiation of the Subscription Agreement by such PIPE Investor; and (iv) if Holdco does not expect to receive all or any portion of the applicable purchase price under any PIPE Investor\u2019s Subscription Agreement in accordance with its terms.", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [26, 36]}, {"key": "modification-to", "type": "clause", "offset": [130, 145]}, {"key": "consent-to", "type": "clause", "offset": [206, 216]}, {"key": "the-subscription-agreements", "type": "clause", "offset": [320, 347]}, {"key": "each-case", "type": "definition", "offset": [352, 361]}, {"key": "assignment-or-transfer", "type": "clause", "offset": [378, 400]}, {"key": "further-amendment", "type": "clause", "offset": [466, 483]}, {"key": "modification-or-waiver", "type": "clause", "offset": [485, 507]}, {"key": "transfer-provision", "type": "clause", "offset": [530, 548]}, {"key": "provided-that", "type": "definition", "offset": [551, 564]}, {"key": "in-the-case", "type": "clause", "offset": [566, 577]}, {"key": "permitted-assignment", "type": "clause", "offset": [590, 610]}, {"key": "initial-party", "type": "definition", "offset": [628, 641]}, {"key": "in-the-event", "type": "clause", "offset": [732, 744]}, {"key": "the-transferee", "type": "clause", "offset": [750, 764]}, {"key": "comply-with", "type": "clause", "offset": [802, 813]}, {"key": "purchase-of", "type": "clause", "offset": [848, 859]}, {"key": "holdco-shares", "type": "clause", "offset": [860, 873]}, {"key": "contemplated-thereby", "type": "clause", "offset": [874, 894]}, {"key": "subject-to-the", "type": "definition", "offset": [896, 910]}, {"key": "all-conditions", "type": "definition", "offset": [964, 978]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [1080, 1103]}, {"key": "actions-required", "type": "clause", "offset": [1142, 1158]}, {"key": "transactions-contemplated", "type": "clause", "offset": [1241, 1266]}, {"key": "the-terms", "type": "clause", "offset": [1301, 1310]}, {"key": "pipe-investors", "type": "definition", "offset": [1443, 1457]}, {"key": "pay-to", "type": "definition", "offset": [1461, 1467]}, {"key": "as-directed", "type": "definition", "offset": [1472, 1483]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [1499, 1524]}, {"key": "in-accordance-with", "type": "definition", "offset": [1586, 1604]}, {"key": "without-limiting-the-generality-of-the-foregoing", "type": "clause", "offset": [1616, 1664]}, {"key": "written-notice", "type": "clause", "offset": [1711, 1725]}, {"key": "receipt-of", "type": "clause", "offset": [1738, 1748]}, {"key": "amendment-to", "type": "clause", "offset": [1789, 1801]}, {"key": "material-breach", "type": "definition", "offset": [1842, 1857]}, {"key": "material-default", "type": "definition", "offset": [1861, 1877]}, {"key": "knowledge-of-holdco", "type": "definition", "offset": [1885, 1904]}, {"key": "without-notice", "type": "clause", "offset": [2033, 2047]}, {"key": "lapse-of-time", "type": "clause", "offset": [2049, 2062]}, {"key": "reasonably-likely", "type": "definition", "offset": [2081, 2098]}, {"key": "breach-or-default", "type": "clause", "offset": [2124, 2141]}, {"key": "by-any-party", "type": "clause", "offset": [2143, 2155]}, {"key": "written-communication", "type": "definition", "offset": [2257, 2278]}, {"key": "with-respect-to", "type": "clause", "offset": [2302, 2317]}, {"key": "to-receive", "type": "definition", "offset": [2517, 2527]}], "hash": "5329963b646630be444616384159678d", "id": 1}, {"samples": [{"hash": "lPqI3inRdFD", "uri": "/contracts/lPqI3inRdFD#pipe-subscriptions", "label": "Merger Agreement (Xos, Inc.)", "score": 32.6495552063, "published": true}, {"hash": "kbeihGPwfmZ", "uri": "/contracts/kbeihGPwfmZ#pipe-subscriptions", "label": "Merger Agreement (NextGen Acquisition Corp)", "score": 32.1430511475, "published": true}], "size": 2, "snippet": "Unless otherwise approved in writing by the Company (which approval shall not be unreasonably withheld, conditioned or delayed), Acquiror shall not permit any amendment or modification to any economic term or other material covenant, agreement or condition to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any such provision or to any remedy under, or any replacements of, any of the Subscription Agreements. Subject to the immediately preceding sentence and in the event that all conditions in the Subscription Agreements have been satisfied, Acquiror shall use its reasonable best efforts 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 Subscription Agreements on the terms described therein, including using its reasonable best efforts to enforce its rights under the Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) Acquiror the applicable purchase price under each PIPE Investor\u2019s applicable Subscription Agreement in accordance with its terms.", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [26, 36]}, {"key": "by-the-company", "type": "clause", "offset": [37, 51]}, {"key": "modification-to", "type": "clause", "offset": [172, 187]}, {"key": "material-covenant", "type": "definition", "offset": [215, 232]}, {"key": "agreement-or", "type": "definition", "offset": [234, 246]}, {"key": "consent-to", "type": "clause", "offset": [320, 330]}, {"key": "the-subscription-agreements", "type": "clause", "offset": [446, 473]}, {"key": "subject-to-the", "type": "definition", "offset": [475, 489]}, {"key": "in-the-event", "type": "clause", "offset": [525, 537]}, {"key": "all-conditions", "type": "definition", "offset": [543, 557]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [633, 656]}, {"key": "actions-required", "type": "clause", "offset": [695, 711]}, {"key": "transactions-contemplated", "type": "clause", "offset": [794, 819]}, {"key": "the-terms", "type": "clause", "offset": [854, 863]}, {"key": "pipe-investors", "type": "definition", "offset": [996, 1010]}, {"key": "pay-to", "type": "definition", "offset": [1014, 1020]}, {"key": "as-directed", "type": "definition", "offset": [1025, 1036]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [1054, 1079]}, {"key": "in-accordance-with", "type": "definition", "offset": [1141, 1159]}], "hash": "cf4b3759fadebc67d8b00e3017dbbf57", "id": 2}, {"samples": [{"hash": "jPKz2VxIuWo", "uri": "/contracts/jPKz2VxIuWo#pipe-subscriptions", "label": "Business Combination Agreement (SC Health Corp)", "score": 32.2114982605, "published": true}], "size": 2, "snippet": "Unless otherwise approved in writing by HoldCo and SPAC (which approval shall not be unreasonably withheld, conditioned or delayed), SPAC and HoldCo shall not permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Subscription Agreements. Subject to the immediately preceding sentence, SPAC and HoldCo shall use reasonable best efforts 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 Subscription Agreements on the terms described therein, including each using its reasonable best efforts to enforce its rights under the Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) HoldCo, the applicable purchase price under each PIPE Investor\u2019s applicable Subscription Agreement in accordance with its terms.", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [26, 36]}, {"key": "modification-to", "type": "clause", "offset": [183, 198]}, {"key": "consent-to", "type": "clause", "offset": [259, 269]}, {"key": "the-subscription-agreements", "type": "clause", "offset": [373, 400]}, {"key": "subject-to-the", "type": "definition", "offset": [402, 416]}, {"key": "use-reasonable-best-efforts", "type": "clause", "offset": [471, 498]}, {"key": "actions-required", "type": "clause", "offset": [537, 553]}, {"key": "transactions-contemplated", "type": "clause", "offset": [636, 661]}, {"key": "the-terms", "type": "clause", "offset": [696, 705]}, {"key": "pipe-investors", "type": "definition", "offset": [843, 857]}, {"key": "pay-to", "type": "definition", "offset": [861, 867]}, {"key": "as-directed", "type": "definition", "offset": [872, 883]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [900, 925]}, {"key": "in-accordance-with", "type": "definition", "offset": [987, 1005]}], "hash": "931953e6d93902c726240b51a6fe2909", "id": 3}, {"samples": [{"hash": "92ThP8dvg4A", "uri": "/contracts/92ThP8dvg4A#pipe-subscriptions", "label": "Transaction Agreement (Horizon Acquisition Corp)", "score": 32.315536499, "published": true}], "size": 2, "snippet": "Unless otherwise approved in writing by Topco, Horizon shall not permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to termination), any provision or remedy under, or any replacements of, any of the PIPE Subscription Agreements. Subject to the immediately preceding sentence, Horizon shall use its reasonable best efforts 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 Subscription Agreements in all material respects on the terms described therein, including using its reasonable best efforts to enforce its rights under the PIPE Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) Horizon the applicable purchase price under each PIPE Investor\u2019s applicable PIPE Subscription Agreement in accordance with its terms. In the event that any PIPE Investor terminates, attempts to terminate or provides written notice to Horizon of its intent to terminate such PIPE Investor\u2019s obligations under its PIPE Subscription Agreement, then, notwithstanding, but subject to, the foregoing, Horizon shall be entitled to arrange for the purchase by third Persons of shares of Class A Common Stock in connection with the PIPE Subscriptions on the same terms and conditions as the other PIPE Investors have agreed pursuant to their respective PIPE Subscription Agreements; provided that such third Persons shall be reasonably acceptable to Topco as confirmed in writing by Topco prior to Horizon\u2019s entry into a PIPE Subscription Agreement with such third Persons.", "snippet_links": [{"key": "modification-to", "type": "clause", "offset": [89, 104]}, {"key": "consent-to-termination", "type": "clause", "offset": [194, 216]}, {"key": "pipe-subscription-agreements", "type": "clause", "offset": [285, 313]}, {"key": "subject-to-the", "type": "definition", "offset": [315, 329]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [384, 407]}, {"key": "actions-required", "type": "clause", "offset": [446, 462]}, {"key": "transactions-contemplated", "type": "clause", "offset": [545, 570]}, {"key": "in-all-material-respects", "type": "definition", "offset": [607, 631]}, {"key": "the-terms", "type": "clause", "offset": [635, 644]}, {"key": "pay-to", "type": "definition", "offset": [800, 806]}, {"key": "as-directed", "type": "definition", "offset": [811, 822]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [839, 864]}, {"key": "in-accordance-with", "type": "definition", "offset": [931, 949]}, {"key": "in-the-event", "type": "clause", "offset": [961, 973]}, {"key": "notice-to", "type": "definition", "offset": [1051, 1060]}, {"key": "intent-to-terminate", "type": "clause", "offset": [1076, 1095]}, {"key": "the-foregoing", "type": "clause", "offset": [1207, 1220]}, {"key": "arrange-for", "type": "clause", "offset": [1251, 1262]}, {"key": "the-purchase", "type": "clause", "offset": [1263, 1275]}, {"key": "third-persons", "type": "clause", "offset": [1279, 1292]}, {"key": "class-a-common-stock", "type": "definition", "offset": [1306, 1326]}, {"key": "in-connection-with", "type": "clause", "offset": [1327, 1345]}, {"key": "same-terms-and-conditions", "type": "clause", "offset": [1376, 1401]}, {"key": "other-pipe-investors", "type": "definition", "offset": [1409, 1429]}, {"key": "have-agreed", "type": "clause", "offset": [1430, 1441]}, {"key": "pursuant-to", "type": "clause", "offset": [1442, 1453]}, {"key": "provided-that", "type": "definition", "offset": [1501, 1514]}, {"key": "confirmed-in-writing", "type": "definition", "offset": [1577, 1597]}, {"key": "prior-to", "type": "clause", "offset": [1607, 1615]}], "hash": "c6f1193fc7bc0e5ba150e670a777b566", "id": 4}, {"samples": [{"hash": "8GSnTua74cI", "uri": "/contracts/8GSnTua74cI#pipe-subscriptions", "label": "Merger Agreement (ACE Convergence Acquisition Corp.)", "score": 32.7837104797, "published": true}], "size": 2, "snippet": "Unless otherwise approved in writing by the Company (which approval shall not be unreasonably withheld, conditioned or delayed), Acquiror shall not permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Signing Subscription Agreements, in each case, other than as a result of any assignment or transfer contemplated therein or permitted thereby. Subject to the immediately preceding sentence and in the event that all conditions in the Signing Subscription Agreements have been satisfied, Acquiror shall use its reasonable best efforts 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 Signing Subscription Agreements on the terms described therein, including using its reasonable best efforts to enforce its rights under the Signing Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) Acquiror the applicable purchase price under each PIPE Investor\u2019s applicable Signing Subscription Agreement in accordance with its terms. Following the date of this Agreement and prior to the Closing, Acquiror may enter into additional Subscription Agreements with PIPE Investors with the written consent of the Company (which consent shall not be unreasonably withheld, conditioned or delayed).", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [26, 36]}, {"key": "by-the-company", "type": "clause", "offset": [37, 51]}, {"key": "modification-to", "type": "clause", "offset": [172, 187]}, {"key": "consent-to", "type": "clause", "offset": [248, 258]}, {"key": "each-case", "type": "definition", "offset": [402, 411]}, {"key": "assignment-or-transfer", "type": "clause", "offset": [443, 465]}, {"key": "subject-to-the", "type": "definition", "offset": [509, 523]}, {"key": "in-the-event", "type": "clause", "offset": [559, 571]}, {"key": "all-conditions", "type": "definition", "offset": [577, 591]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [675, 698]}, {"key": "actions-required", "type": "clause", "offset": [737, 753]}, {"key": "transactions-contemplated", "type": "clause", "offset": [836, 861]}, {"key": "the-terms", "type": "clause", "offset": [904, 913]}, {"key": "pipe-investors", "type": "definition", "offset": [1054, 1068]}, {"key": "pay-to", "type": "definition", "offset": [1072, 1078]}, {"key": "as-directed", "type": "definition", "offset": [1083, 1094]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [1112, 1137]}, {"key": "in-accordance-with", "type": "definition", "offset": [1207, 1225]}, {"key": "following-the", "type": "definition", "offset": [1237, 1250]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [1251, 1273]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [1278, 1298]}, {"key": "additional-subscription-agreements", "type": "definition", "offset": [1324, 1358]}, {"key": "consent-of-the-company", "type": "clause", "offset": [1396, 1418]}], "hash": "62c4601b21d80c18047523c0cf34bea3", "id": 5}, {"samples": [{"hash": "kOOTXIBVVbC", "uri": "/contracts/kOOTXIBVVbC#pipe-subscriptions", "label": "Merger Agreement (NextGen Acquisition Corp. II)", "score": 32.6413421631, "published": true}], "size": 1, "snippet": "Unless otherwise approved in writing by the Company (which approval shall not be unreasonably withheld, conditioned or delayed), Acquiror shall not (i) permit any amendment or modification to any economic term or other material covenant, agreement or condition to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any such provision or to any remedy under, or any replacements of, or any assignment or transfer of, any of the Initial Subscription Agreements or (ii) enter into any Subsequent Subscription Agreements. Subject to the immediately preceding sentence and in the event that all conditions in the Subscription Agreements have been satisfied, Acquiror shall use its commercially reasonable efforts 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 Subscription Agreements on the terms described therein, including using its commercially reasonable efforts to enforce its rights under the Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) Acquiror the applicable purchase price under each PIPE Investor\u2019s applicable Subscription Agreement in accordance with its terms.", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [26, 36]}, {"key": "by-the-company", "type": "clause", "offset": [37, 51]}, {"key": "modification-to", "type": "clause", "offset": [176, 191]}, {"key": "material-covenant", "type": "definition", "offset": [219, 236]}, {"key": "agreement-or", "type": "definition", "offset": [238, 250]}, {"key": "consent-to", "type": "clause", "offset": [324, 334]}, {"key": "transfer-of", "type": "clause", "offset": [464, 475]}, {"key": "initial-subscription-agreements", "type": "definition", "offset": [488, 519]}, {"key": "subsequent-subscription", "type": "definition", "offset": [543, 566]}, {"key": "subject-to-the", "type": "definition", "offset": [579, 593]}, {"key": "in-the-event", "type": "clause", "offset": [629, 641]}, {"key": "all-conditions", "type": "definition", "offset": [647, 661]}, {"key": "the-subscription-agreements", "type": "clause", "offset": [665, 692]}, {"key": "commercially-reasonable-efforts", "type": "definition", "offset": [737, 768]}, {"key": "actions-required", "type": "clause", "offset": [807, 823]}, {"key": "transactions-contemplated", "type": "clause", "offset": [906, 931]}, {"key": "the-terms", "type": "clause", "offset": [966, 975]}, {"key": "pipe-investors", "type": "definition", "offset": [1116, 1130]}, {"key": "pay-to", "type": "definition", "offset": [1134, 1140]}, {"key": "as-directed", "type": "definition", "offset": [1145, 1156]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [1174, 1199]}, {"key": "in-accordance-with", "type": "definition", "offset": [1261, 1279]}], "hash": "f60d3043738ed28ca3e56333a2a27c8f", "id": 6}, {"samples": [{"hash": "92ThP8dvg4A", "uri": "/contracts/92ThP8dvg4A#pipe-subscriptions", "label": "Transaction Agreement (Horizon Acquisition Corp)", "score": 32.315536499, "published": true}], "size": 1, "snippet": "At the Closing and immediately following the Effective Time, the Surviving Corporation shall consummate the transactions contemplated by the PIPE Subscriptions in accordance with the PIPE Subscription Agreements.", "snippet_links": [{"key": "at-the-closing", "type": "definition", "offset": [0, 14]}, {"key": "following-the-effective-time", "type": "clause", "offset": [31, 59]}, {"key": "the-surviving-corporation", "type": "clause", "offset": [61, 86]}, {"key": "transactions-contemplated", "type": "clause", "offset": [108, 133]}, {"key": "in-accordance-with", "type": "definition", "offset": [160, 178]}, {"key": "pipe-subscription-agreements", "type": "clause", "offset": [183, 211]}], "hash": "651783963e5b0daaa63b2d8d130781ca", "id": 7}, {"samples": [{"hash": "2RMCgHCb1rp", "uri": "/contracts/2RMCgHCb1rp#pipe-subscriptions", "label": "Merger Agreement (26 Capital Acquisition Corp.)", "score": 32.7946624756, "published": true}], "size": 1, "snippet": "The Parties shall, and shall cause their respective Affiliates to, use reasonable best efforts to take promptly, or cause to be taken, all actions, and to do promptly, or cause to be done, all things necessary, proper or advisable (a) to obtain executed subscription agreements, which shall have terms, and be in a form, mutually agreed by both SPAC and Parent, from investors mutually selected by SPAC and Parent (the \u201cPIPE Investors\u201d) pursuant to which the PIPE Investors commit to make private investments in public equity in the form of Parent ADS (or such other securities mutually agreed to by both SPAC and Parent) at the Closing in an amount to be mutually agreed by the Parties (the \u201cPIPE Financing\u201d), and (b) to consummate the PIPE Financing substantially concurrently with the Closing. From the date hereof until the Closing Date, SPAC and the Company shall, and shall cause their respective financial advisors and legal counsel to, keep each other and their respective financial advisors and legal counsel reasonably informed with respect to the PIPE Financing.", "snippet_links": [{"key": "the-parties-shall", "type": "clause", "offset": [0, 17]}, {"key": "respective-affiliates", "type": "definition", "offset": [41, 62]}, {"key": "use-reasonable-best-efforts", "type": "clause", "offset": [67, 94]}, {"key": "all-actions", "type": "definition", "offset": [135, 146]}, {"key": "all-things-necessary", "type": "clause", "offset": [189, 209]}, {"key": "subscription-agreements", "type": "clause", "offset": [254, 277]}, {"key": "agreed-by", "type": "clause", "offset": [330, 339]}, {"key": "pipe-investors", "type": "definition", "offset": [420, 434]}, {"key": "pursuant-to", "type": "clause", "offset": [437, 448]}, {"key": "public-equity", "type": "definition", "offset": [512, 525]}, {"key": "form-of", "type": "clause", "offset": [533, 540]}, {"key": "parent-ads", "type": "definition", "offset": [541, 551]}, {"key": "other-securities", "type": "definition", "offset": [561, 577]}, {"key": "agreed-to-by", "type": "definition", "offset": [587, 599]}, {"key": "at-the-closing", "type": "definition", "offset": [622, 636]}, {"key": "by-the-parties", "type": "clause", "offset": [672, 686]}, {"key": "pipe-financing", "type": "definition", "offset": [693, 707]}, {"key": "date-hereof", "type": "clause", "offset": [806, 817]}, {"key": "the-closing-date", "type": "clause", "offset": [824, 840]}, {"key": "the-company-shall", "type": "clause", "offset": [851, 868]}, {"key": "counsel-to", "type": "clause", "offset": [932, 942]}, {"key": "with-respect-to", "type": "clause", "offset": [1038, 1053]}], "hash": "35f422b683cfbd8bbf3faacc29bea29b", "id": 8}, {"samples": [{"hash": "kxZuToeOXzA", "uri": "/contracts/kxZuToeOXzA#pipe-subscriptions", "label": "Merger Agreement (dMY Technology Group, Inc. IV)", "score": 32.5126609802, "published": true}], "size": 1, "snippet": "Unless otherwise approved in writing by the Company (which approval shall not be unreasonably withheld, conditioned or delayed), Acquiror shall not permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Subscription Agreements. Subject to the immediately preceding sentence, Acquiror shall use its reasonable best efforts 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 Subscription Agreements on the terms described therein, including using its reasonable best efforts to enforce its rights under the Subscription Agreements to cause the PIPE Investors to pay to (or as directed by) Acquiror the applicable purchase price under each PIPE Investor\u2019s applicable Subscription Agreement in accordance with its terms; provided that in no event shall Acquiror or Merger Subs be obligated to pay any amount or grant any concession to a PIPE Investor in connection with taking any such action except for a concession reasonably requested by the Company that is contingent upon the Closing and would not result in a failure to meet the Minimum PIPE Investment Amount.", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [26, 36]}, {"key": "by-the-company", "type": "clause", "offset": [37, 51]}, {"key": "modification-to", "type": "clause", "offset": [172, 187]}, {"key": "consent-to", "type": "clause", "offset": [248, 258]}, {"key": "the-subscription-agreements", "type": "clause", "offset": [362, 389]}, {"key": "subject-to-the", "type": "definition", "offset": [391, 405]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [461, 484]}, {"key": "actions-required", "type": "clause", "offset": [523, 539]}, {"key": "transactions-contemplated", "type": "clause", "offset": [622, 647]}, {"key": "the-terms", "type": "clause", "offset": [682, 691]}, {"key": "pipe-investors", "type": "definition", "offset": [824, 838]}, {"key": "pay-to", "type": "definition", "offset": [842, 848]}, {"key": "as-directed", "type": "definition", "offset": [853, 864]}, {"key": "applicable-purchase-price", "type": "definition", "offset": [882, 907]}, {"key": "in-accordance-with", "type": "definition", "offset": [969, 987]}, {"key": "provided-that", "type": "definition", "offset": [999, 1012]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1013, 1030]}, {"key": "merger-subs", "type": "definition", "offset": [1043, 1054]}, {"key": "in-connection-with", "type": "clause", "offset": [1129, 1147]}, {"key": "requested-by", "type": "clause", "offset": [1206, 1218]}, {"key": "upon-the-closing", "type": "clause", "offset": [1250, 1266]}, {"key": "failure-to-meet", "type": "clause", "offset": [1293, 1308]}, {"key": "minimum-pipe-investment-amount", "type": "definition", "offset": [1313, 1343]}], "hash": "a62e519a9863f3207a20ada2f4eb1f2e", "id": 9}, {"samples": [{"hash": "hjqMV6cXQez", "uri": "/contracts/hjqMV6cXQez#pipe-subscriptions", "label": "Business Combination Agreement (Gores Guggenheim, Inc.)", "score": 32.7371673584, "published": true}], "size": 1, "snippet": "(a) Unless otherwise approved in writing by Parent and GG, and except for any actions that would not (i) increase conditionality or impose any new obligation on Parent, Polestar Singapore, Polestar Sweden, ListCo or GG, (ii) reduce the PIPE Investment Amount or the subscription amount under any Subscription Agreement or the VCC Preference Subscription Agreement or (iii) reduce or impair the rights of GG or ListCo under any Subscription Agreement or the VCC Preference Subscription Agreement, none of GG, Parent, Polestar Singapore, Polestar Sweden, or ListCo shall permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Subscription Agreements or the VCC Preference Subscription Agreement, in each case, other than any assignment or transfer contemplated therein or expressly permitted thereby (without any further amendment, modification or waiver to such assignment or transfer provision).\n(b) During the Interim Period, GG, on the one hand, and Parent, Polestar Singapore, Polestar Sweden, and ListCo, on the other hand, shall use their respective reasonable best efforts to, and shall instruct their respective financial advisors to, keep the Parties reasonably informed with respect to the PIPE Investment, the Sponsor Investment, the VCC PIPE Investment and the subscription for VCC Preference Shares contemplated by the VCC Preference Subscription Agreement, including by (i) providing regular updates and (ii) consulting and cooperating with, and considering in good faith any feedback from, GG, Parent, ListCo, Polestar Singapore, Polestar Sweden, or their respective financial advisors with respect to such matters; provided that each of GG and Parent, ListCo, Polestar Singapore and Polestar Sweden acknowledges and agrees that, except as set forth on Section 5.19 of the GG Disclosure Schedules, none of their respective financial advisors shall be entitled to any fees with respect to the PIPE Investment unless otherwise mutually agreed by each of GG and Parent in writing.", "snippet_links": [{"key": "in-writing", "type": "definition", "offset": [30, 40]}, {"key": "by-parent", "type": "clause", "offset": [41, 50]}, {"key": "pipe-investment-amount", "type": "clause", "offset": [236, 258]}, {"key": "subscription-amount", "type": "definition", "offset": [266, 285]}, {"key": "agreement-or", "type": "definition", "offset": [309, 321]}, {"key": "rights-of", "type": "definition", "offset": [394, 403]}, {"key": "modification-to", "type": "clause", "offset": [593, 608]}, {"key": "consent-to", "type": "clause", "offset": [669, 679]}, {"key": "the-subscription-agreements", "type": "clause", "offset": [783, 810]}, {"key": "each-case", "type": "definition", "offset": [860, 869]}, {"key": "assignment-or-transfer", "type": "clause", "offset": [886, 908]}, {"key": "further-amendment", "type": "clause", "offset": [974, 991]}, {"key": "modification-or-waiver", "type": "clause", "offset": [993, 1015]}, {"key": "transfer-provision", "type": "clause", "offset": [1038, 1056]}, {"key": "during-the-interim-period", "type": "clause", "offset": [1063, 1088]}, {"key": "the-other-hand", "type": "clause", "offset": [1175, 1189]}, {"key": "reasonable-best-efforts", "type": "definition", "offset": [1218, 1241]}, {"key": "financial-advisors", "type": "clause", "offset": [1282, 1300]}, {"key": "the-parties", "type": "definition", "offset": [1310, 1321]}, {"key": "with-respect-to", "type": "clause", "offset": [1342, 1357]}, {"key": "sponsor-investment", "type": "clause", "offset": [1383, 1401]}, {"key": "preference-shares", "type": "definition", "offset": [1456, 1473]}, {"key": "regular-updates", "type": "clause", "offset": [1560, 1575]}, {"key": "in-good-faith", "type": "clause", "offset": [1634, 1647]}, {"key": "provided-that", "type": "definition", "offset": [1793, 1806]}, {"key": "disclosure-schedules", "type": "definition", "offset": [1953, 1973]}, {"key": "agreed-by", "type": "clause", "offset": [2111, 2120]}], "hash": "0a5c4d058f713b58c7b76303e755a219", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhtwaXBlLXN1YnNjcmlwdGlvbnMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "PIPE Subscriptions", "size": 57, "children": [["effect-of-termination", "Effect of Termination"], ["trust-account-waiver", "Trust Account Waiver"], ["notices", "Notices"], ["assignment", "Assignment"], ["rights-of-third-parties", "Rights of Third Parties"]], "parents": [["covenants-of-acquiror", "Covenants of Acquiror"], ["no-additional-representation-or-warranties", "No Additional Representation or Warranties"], ["covenants", "Covenants"], ["exclusivity-of-representations-and-warranties", "EXCLUSIVITY OF REPRESENTATIONS AND WARRANTIES"], ["no-additional-representations-or-warranties", "No Additional Representations or Warranties"]], "id": "pipe-subscriptions", "related": [["user-subscriptions", "User Subscriptions", "User Subscriptions"], ["subscriptions", "Subscriptions", "Subscriptions"], ["subscription", "Subscription", "Subscription"], ["software-subscription-use-case", "Software Subscription Use Case", "Software Subscription Use Case"], ["subscription-for-units", "Subscription for Units", "Subscription for Units"]], "related_snippets": [], "updated": "2026-07-24T06:18:29+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The PIPE Subscriptions clause governs the process by which investors agree to purchase securities in a private investment in public equity (PIPE) transaction. Typically, this clause outlines the terms under which the investors commit to buying shares or other securities directly from the company, often at a negotiated price and subject to certain conditions such as regulatory approvals or the effectiveness of a registration statement. Its core practical function is to formalize the subscription process, ensuring both parties are clear on their obligations and the terms of the investment, thereby facilitating efficient capital raising for the company."}, "json": true, "cursor": ""}}