Examples of PIPE Subscription Agreements in a sentence
For the avoidance of doubt, pursuant to the PIPE Subscription Agreements, an aggregate amount equal to or in excess of $25,112,500 shall be available in an escrow account with DNB Bank ASA as of the Closing Date.
The obligations of Sponsor under this Agreement are several and not joint with the obligations of any PIPE Investor or any other investor under the PIPE Subscription Agreements, and Sponsor shall not be responsible in any way for the performance of the obligations of any PIPE Investor under this Agreement or any other investor under the PIPE Subscription Agreements.
Notwithstanding the foregoing, the Company and the Holders hereby acknowledge that the Company has granted resale registration rights to certain holders of Company securities in the PIPE Subscription Agreements, and that nothing herein shall restrict the ability of the Company to fulfil its resale registration obligations under the PIPE Subscription Agreements.
For the avoidance of doubt, the SPAC shall not enter into any agreements (including any side letters) or understandings, written or oral, in connection with the PIPE Investment other than the PIPE Subscription Agreements.
Each of the PIPE Subscription Agreements shall be, as of the Closing, in full force and effect, and none of them shall have been withdrawn, rescinded or terminated or otherwise amended or modified in any respect.