PIPE Securities definition

PIPE Securities means those securities sold to PIPE Investors in accordance with the PIPE Subscription Agreements.

PIPE Securities has the meaning specified in Section 8.04(a).

PIPE Securities means those securities issued pursuant to the PIPE Subscription Agreements.

Examples of PIPE Securities in a sentence

• After giving effect to (i) the exercise of the Redemption Rights and payments related thereto and (ii) the sale and issuance by Pensare of Pensare Common Stock or other PIPE Securities of Pensare, if any, between the date of this Agreement and the Effective Time, Pensare shall have at least an aggregate of $150 million of cash held either in or outside of the Trust Account.

• Pensare will use its reasonable best efforts to cause the Stock Consideration or, if determined to be appropriate by Pensare and Holdings or otherwise listed in connection with the Private Placement of PIPE Securities, the Pensare Securities, issued in connection with the Transactions to be approved for listing on the Nasdaq Capital Market at Closing.

• Source and Amount of Funds or Other ConsiderationItem 3 of the Original Schedule 13D is amended as follows:The aggregate purchase price for the PIPE Securities (as defined below) owned by the Reporting Persons was $1,110,000.

• By the Company or by the RJB Purchaser by written notice to the other parties, after the Backstop Termination Date; provided, however, that in such event the Company shall repurchase the September PIPE Securities from the Salzberg Purchaser for the September PIPE Investment Amount.

• The Purchaser is acquiring the PIPE Securities for investment for its own account, with no present intention of dividing its participation with others or reselling or otherwise distributing the same in violation of the Securities Act or any applicable state securities laws.

More Definitions of PIPE Securities

PIPE Securities means securities (other than the warrants sold in the Offering as part of the SAIL℠ (Stakeholder Aligned Initial Listing) securities sold in the Offering and the warrants sold to the Sponsor prior to the Offering) issued by the Corporation and/or any entities that (after giving effect to completion of an Initial Business Combination) are subsidiaries of the Corporation that are directly or indirectly convertible into or exercisable for shares of Class A Common Stock, or for a cash settlement value in lieu thereof.

PIPE Securities means any securities issued pursuant to a Subscription Agreement.

PIPE Securities means (i) $85.0 million of outstanding Series A exchangeable preferred shares or other Preferred Stock issued by the U.S. Parent Borrower and exchangeable for Capital Stock of the Company and (ii) $30.0 million of outstanding Series B exchangeable preferred shares or other Preferred Stock issued by the U.S. Parent Borrower and exchangeable for Capital Stock of the Company.

PIPE Securities means any debt or equity securities of Pensare issued in connection with the Private Placement, including preferred or common equity securities, units, rights, debt securities, warrants, options, convertible securities or any other securities convertible into, or exchangeable or exercisable for, debt or equity securities.

PIPE Securities means any securities which Purchaser or Pubco may have obligations to register under the Commitment Agreements.

PIPE Securities means the shares of Class A Common Stock and other securities defined as Registrable Securities under the terms of the PIPE Registration Rights Agreement.

PIPE Securities means the shares of Common Stock and warrants (including shares of Common Stock issued or issuable upon exercise or conversion of such warrants) issued in the PIPE Financing (as defined in the BCA).