Examples of PIPE Offering in a sentence
Increase the programmatic, financial and social sustainability of local health programs.As a key partner in activities to support the SO, PCI agreed to extend services in maternal health, child survival, reproductive health and family planning, as well as community and household prevention activities in the geographic areas noted above.
The Company shall at all times reserve and keep available out of its authorized and unissued capital stock, solely for the purpose of providing for the exercise of the conversion rights provided for under the Note and Warrant, such number of shares of Common Stock and other securities as may be issued in the PIPE Offering, as shall, from time to time, be sufficient for issuance upon conversion of such Note and Warrant in full.
The Company has reserved from its duly authorized capital stock such number of securities for issuance of upon conversion or exercise of the Note and Warrant, as applicable, as well as any securities issuable in the PIPE Offering.
The Principal Amount outstanding hereunder shall be payable in cash on the earlier of (a) six (6) months from the date hereof and (b) the closing date of the PIPE Offering (such earlier date being the “Maturity Date”).
Any proposed Optional Redemption shall be, at the option of the Company, (i) in cash (a “Repayment in Cash”) or (ii) for a period of six months following the closing of the PIPE Offering, in kind by the transfer of ownership of Collateral with a fair market value (the “Fair Market Value”) equal to the amount being repaid (a “Repayment in Kind”).