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 shares of Common Stock issued or issuable to the Purchaser pursuant to the Purchase Agreement.

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.

• In case of a change of control of ANI, the PIPE Shares will be redeemed at the greater of (i) the PIPE Shares’ purchase price plus any accrued and unpaid dividends thereon and (ii) the change of control transaction consideration that the holder of the PIPE Shares would have received if it had converted into our common stock.

• All of the PIPE Shares, when issued and delivered by the Company against payment therefor as provided in this Agreement, will be validly issued, fully paid and non-assessable.

More Definitions of PIPE Shares

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.

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

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

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