Fractional Tokens. INX Tokens may be purchased, sold and transferred in fractional divisions to eighteen decimal places (0.000000000000000001). Sales of INX Tokens by the Company that would otherwise result in fractional divisions of more than five decimal places will be rounded down to five decimal places.
Appears in 10 contracts
Samples: Token Purchase Agreement, Inx Token Purchase Agreement (INX LTD), Inx Token Purchase Agreement (INX LTD)
Fractional Tokens. Notwithstanding the technical limits of the INX Tokens, INX Tokens may be purchased, sold and transferred in fractional divisions to eighteen five decimal places (0.0000000000000000010.00001). Sales of INX Tokens by the Company that would otherwise result in fractional divisions of more than five decimal places will be rounded down to five decimal places.
Appears in 4 contracts
Samples: Inx Token Purchase Agreement (INX LTD), Inx Token Purchase Agreement (INX LTD), Inx Token Purchase Agreement (INX LTD)
Fractional Tokens. INX Tokens may be purchased, sold and transferred in fractional divisions to eighteen decimal places (0.000000000000000001). Sales of INX Tokens by the Company that would otherwise result in fractional divisions of more than five four decimal places will have been rounded to the nearest 1/10,000th of a Token (fractions of 5/100,000ths or greater shall be rounded down to five decimal placesthe next higher 1/10,000th and fractions of less than 5/100,000ths shall be rounded to the next lower 1/10,000th).
Appears in 1 contract
Samples: Inx Token Purchase Agreement
