PIPE Shares definition

PIPE Shares shall have the meaning given in the Recitals hereto.

PIPE Shares means the 40,000,000 shares of Class A common stock to be sold to PIPE Investors pursuant to the PIPE.

PIPE Shares means the 12,500,000 shares of Common Stock issued to the one of the Investors pursuant to that certain Subscription Agreement, dated as of July 8, 2019, by and between Pubco and such Investor.

Examples of PIPE Shares in a sentence

• The Company represents and warrants that no person, other than the Holders with respect to Registrable Securities, or the PIPE Investors pursuant to the terms of the Subscription Agreements with respect to the PIPE Shares, has any right to require the Company to register any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale of securities for its own account or for the account of any other person.

• The Company represents and warrants that no person, other than a Holder of Registrable Securities, or the PIPE Investors pursuant to the terms of the Subscription Agreements with respect to the PIPE Shares, has any right to require the Company to register any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale of securities for its own account or for the account of any other person.

• Pursuant to the Subscription Agreements, the Company gave certain registration rights to the Subscribers with respect to the PIPE Shares.

• There are no restrictions, promises, warranties, or undertakings, other than those set forth or referred to herein or therein, with respect to the standby purchase commitments or the registration rights granted by the Company with respect to the PIPE Shares.

• The PIPE Shares accrue dividends at 6.50% per year on a cumulative basis, payable in cash or in-kind, and will also participate, on a pro-rata basis, in any dividends that may be declared with respect to our common stock.

More Definitions of PIPE Shares

PIPE Shares means the Holdco Ordinary Shares (1) issuable to the EverArc Subscribers in exchange for the EverArc Ordinary Shares purchased by them pursuant to the EverArc Subscription Agreements, (2) purchased by the Management Subscribers pursuant to the Management Subscription Agreements and (3) purchased by the Director Subscribers pursuant to the Director Subscription Agreements.

PIPE Shares shall have the meaning given in the recitals.

PIPE Shares has the meaning set forth in the recitals to this Agreement.

PIPE Shares meanss shares of Acquiror Common Stock purchased in the PIPE Investment.

PIPE Shares means the Allego Ordinary Shares to be issued in the Private Placement.

PIPE Shares means the 16,500,000 shares of Common Stock to be issued in the PIPE Investment.

PIPE Shares means an aggregate of 12,500,000 shares of common stock issued to the subscribers in the PIPE.