Secondary Transaction means any transaction in which the rights granted under this Agreement is transferred to any Subsequent Acquirer along with the Token. All Secondary Transactions will be affected by way of execution of smart contracts and transfer of the Token on the blockchain network governing the Token and this Agreement. You agree that Clauses 3.2 and 3.3 above shall apply to any Secondary Transactions as well.
Secondary Transaction means any transaction in which a Digital Collectible is sold by one owner to another owner or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction in which a Digital Collectible is first transferred.
Secondary Transaction means any transaction in which an HDL Artwork is sold by one owner to another owner, or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction facilitated through the Artworks Website in which an HDL Artwork is first sold.
Examples of Secondary Transaction in a sentence
All Subsequent Acquirers shall be responsible for paying the Secondary Transaction Share payment associated with the Secondary Transaction, regardless of whether the purchase price of the transaction is fulfilled on-chain, off-chain, in cash or in kind (including by way of exchange of physical or digital assets) or in a combination of the foregoing.
You acknowledge and agree that this Agreement does not convey any rights in the underlying audio or video composition embodied in the Content or any ownership interest or other rights in or to the copyright in the Content or Artist’s name or likeness, which is fully reserved and retained by Artist; provided that You may use Artist’s name as necessary to accurately describe the Token in the case of any potential Secondary Transaction.
Any Secondary Transfer shall be null and void on a failure to pay the Secondary Transaction Share as set out herein.
More Definitions of Secondary Transaction
Secondary Transaction shall have the meaning stated in Section 6.1(b).
Secondary Transaction means the transaction concurrently and conditionally undertaken with the Secondary Seller, according to which, inter-alia, Purchaser shall purchase all Company’s securities held by the Secondary Seller, in consideration of the Secondary Consideration.
Secondary Transaction means any transaction in which a Token is sold by one owner to another or is otherwise transferred in any manner that is not a Primary Transaction.
Secondary Transaction means any transaction in which the Holder sells its interest in this Warrant, as a package, together with the interest in the Albireo Loan held by Kreos UK (or by any Person to whom Kreos UK has assigned such interests in accordance with the terms thereof), to a third- party and such third-party assumes any remaining funding or other obligations under the Albireo Loan of Kreos UK (or of any Person to whom Kreos UK has transferred such obligations in accordance with the terms thereof). 13
Secondary Transaction means the refinancing of the five (5) Secondary Parcels, which involves, inter alia, (i) the transfer by the current Debtor owners thereof of the Secondary Parcels to the Entity or Entities that will acquire the Secondary Parcels pursuant to the Secondary Parcel Sale Agreements, (ii) the pledging as additional collateral to secure the repayment obligations to the lender in the Secondary Transaction of the equity in certain commercial real estate properties held by Non-Debtor Affiliates, one or more of which may be a subsidiary of a Debtor, and (iii) a Loan to be made by Calmwater Capital 3, LLC, and/or one or more affiliates thereof, or a comparable lender, in an amount sufficient to generate proceeds that are paid to the Agent no less than approximately $24.75 million in Cash.
Secondary Transaction means any transaction in which a Tattoo Skullz Society Collectible is sold by one owner to another owner, or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction facilitated through the Collectibles Website in which a Tattoo Skullz Society Collectible is first sold.
Secondary Transaction means any transaction in which a Hot Wheels Collectible is sold by one owner to another owner, or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction facilitated through the Collectibles Website in which a Hot Wheels Collectible is first sold.