Common use of Not for Investment Purposes Clause in Contracts

Not for Investment Purposes. 3.7. Although the Tokens may be tradable, they are not an investment, currency, security, commodity, a swap on a currency, security or commodity or any other kind of financial instrument. The Tokens are not intended to be marketed, offered for sale, purchased, sold, or traded in any jurisdiction where they are prohibited by applicable laws or require further registration with any applicable governmental authorities.

Appears in 2 contracts

Samples: Token Agreement, tokenstars.com

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Not for Investment Purposes. 3.7. 3.3.1 Although the Tokens may be tradable, they are not an investment, currency, security, commodity, a swap on a currency, security or commodity or any other kind of financial instrument. The Tokens are not intended to be marketed, offered for sale, purchased, sold, or traded in any jurisdiction where they are prohibited by applicable laws or require further registration with any applicable governmental authorities.

Appears in 1 contract

Samples: Token Sale Agreement

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Not for Investment Purposes. 3.7. Although Though the Tokens may be tradableexchangeable, they are not an investment, currency, security, commodity, and not a swap derivative with value based on a currency, security or commodity or any other kind of financial instrument. The Tokens are not intended to be marketed, offered for sale, purchasedexchanged, sold, or traded in any jurisdiction where they are prohibited by applicable laws or require further registration with any applicable governmental authorities.

Appears in 1 contract

Samples: Tokens Acquisition Agreement

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