Common use of PIPE Financing Clause in Contracts

PIPE Financing. Sponsor shall use its reasonable best efforts to raise the PIPE Financing, including, in each case, utilizing the Sponsor Shares and the Sponsor’s SPAC Warrants in connection with such effort, which for the avoidance of doubt, may include transferring or forfeiting such Sponsor Shares or SPAC Warrants.

Appears in 2 contracts

Sources: Sponsor Support Agreement (Israel Acquisitions Corp), Sponsor Support Agreement (Israel Acquisitions Corp)

PIPE Financing. Sponsor shall use its reasonable best efforts to raise the PIPE Financing, including, in each case, utilizing the Sponsor Shares and the Sponsor’s SPAC Warrants in connection with such effort, which for the avoidance of doubt, may include transferring or forfeiting such Sponsor Shares or SPAC Warrants.. ​

Appears in 1 contract

Sources: Sponsor Support Agreement (Israel Acquisitions Corp)