Common use of Investor Deliveries Clause in Contracts

Investor Deliveries. Concurrently with the execution of this SAFT, the Investor is providing to the Company the Purchase Amount by transfer in accordance with the transfer instructions set forth on Appendix A. The Investor agrees that the Investor’s signature on the E-Signature Page constitutes delivery and execution of both this SAFT and the Purchase Agreement. If the Company satisfies the Milestone, the Company will deliver the Tokens to the Investor’s digital wallet. For the avoidance of doubt, the digital wallet must be under the direct or indirect control of the Investor and shall not be under the direct or indirect control of a third-party. The Investor must provide information regarding the Investor’s digital wallet address prior to delivery of the Tokens by the Company.

Appears in 3 contracts

Samples: Simple Agreement for Future Tokens, Simple Agreement for Future Tokens, Purchase Agreement

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Investor Deliveries. Concurrently with the execution of this SAFT, the Investor is providing to the Company the Purchase Amount by wire transfer in accordance with the wire transfer instructions set forth on Appendix A. B. The Investor agrees that the Investor’s signature on the E-Signature Page constitutes delivery and execution of both this SAFT and the Purchase Agreement. If the Company satisfies the Milestone, the Company will deliver the Tokens to the Investor’s digital wallet. For the avoidance of doubt, the digital wallet must be under the direct or indirect control of the Investor and shall not be under the direct or indirect control of a third-party. The Investor must provide information regarding the Investor’s digital wallet address prior to delivery of the Tokens by the Company. The Company will provide the Investor with at least 10 days advance notice of the delivery of Tokens to enable Investor to provide this information.

Appears in 3 contracts

Samples: Purchase Agreement (Blockstack Inc.), Purchase Agreement (Blockstack Token LLC), Purchase Agreement (Blockstack Token LLC)

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