Secondary Transactions. You agree and acknowledge that any Subsequent Acquirer of the Token and the related rights, i.e. the Subsequent Acquirer, shall pay the Seller 5% (“Secondary Transaction Share”) of the purchase price for all Secondary Transactions in the manner as set out in the Website. All such payments shall be made no later than 7 days from the date of transfer and shall be made in INR or such other currency or method provided on the Website. 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. The value of the in-kind consideration shall be determined by computing the fair value of the asset or the market value of such asset at the close of the business date as determined through the price of such asset on an exchange operational in India and denoting value in INR. Any Secondary Transfer shall be null and void on a failure to pay the Secondary Transaction Share as set out herein.
Secondary Transactions. During the course of this Agreement, Issuer shall introduce to the Buyer any third party who expresses to Issuer an unsolicited interest to sell some or all of their shares of Common Stock. Notwithstanding anything contained herein, all purchases by Buyer of Common Stock from Persons other than Issuer shall be effected by Buyer in accordance with and pursuant to the requirements of all applicable laws, including, but not limited to, US federal and state securities laws.
Secondary Transactions. All Secondary Transactions are subject to the following terms:
(i) the ETERNAL Passport NFT and Physical Asset must be sold together and no Secondary Transaction shall be allowed of the ETERNAL Passport NFT and Physical Asset independently of each other; (ii) the ETERNAL PassportT NFT and Physical Asset transferee (the “Transferee”) shall, by receiving an ownership interest in the ETERNAL Passport NFT and Physical Asset, be deemed to accept all of the terms of this Agreement; (iii) the ETERNAL Passport NFT and Physical Asset transferor (the “Transferor”) shall provide noticeto the Transferee of this Agreement, including a link or other method by which the terms of this Agreement can be accessible by the Transferee, (iv) the Transferor shall pay TTT the sum of five percent (5%) of the gross amounts paid by the Transferee with respect to the ETERNAL Passport NFT and Physical Asset (“Secondary Transactions Fee”). TTT shall be paid the Secondary Transactions Fee on the same terms and at the same time as Transferor is paid by the Transferee. You acknowledge and agree that the amounts payable to TTT under this clause do not include, and is not intended to cover any additional fees imposed or required by the transferring platform through which You transfer the ETERNAL Passport NFT and Physical Asset. You further acknowledge and agree that all Secondary Transactions will be effected on the Ethereum blockchain, the blockchain network governing the ETERNAL Passport NFT, and You will be required to make or receive payments exclusively through Your Wallet. You further acknowledge and agree that Mattereum shall be entitled to receive a certifier fee on all Secondary Transactions in the sum of one percent (1%) of the gross amounts paid by the Transferee with respect to the ETERNAL Passport NFT and Physical Asset (“Mattereum Secondary Transactions Certifier Fee”). The Mattereum Secondary Transactions Certifier Fee shall be automatically processed as part of the applicable Secondary Transaction.
Secondary Transactions. Secondary Transactions are subject to the following terms: (i) the $MANIA Token transferee shall, by receiving an ownership interest in the Token, be deemed to accept all of the terms found in these Terms; (ii) the $MANIA Token transferor shall provide notice to the transferee of the Terms, including a link or other method by which the terms of these Terms can be accessible by the transferee. In exercising personal property rights over the Tokens, you represent and warrant that you will not transfer a Token in any Secondary Transaction to a transferee that is an Ineligible Person.
Secondary Transactions. Subsequent to closing of the Initial Transactions, the parties to this Master Agreement shall use commercially reasonable efforts (which shall not include requiring the Company to raise any additional equity or sell any assets) to accomplish the following transactions (collectively, the “Secondary Transactions”) subject to the deferred timing provisions set forth in the applicable Related Transaction Documents, and all in accordance with and pursuant to the terms and provisions set forth in the applicable Related Transaction Documents:
a. Redemption, on or before the three and one-half year anniversary of the date of consummation of the redemption contemplated by Initial Redemption Agreement (it being understood that such timing is subject to adjustment), by the Company of the remaining balance of Nelnet’s outstanding Class D Membership Units in the Company in accordance with the terms of the Secondary Redemption Agreement.
b. Performance of the Contingent Payment Agreement in accordance with its terms.
Secondary Transactions you may submit via the Platform a non-binding expression of interest (“EoI”) outlining the size, price and other parameters of a proposed Secondary Transaction. Once a Buyer and Seller are introduced on the Platform, and subject to our prior consent and any additional terms that we may specify, CMC will make available the agreements necessary to confirm the terms of the Secondary Transaction (“Transaction Documents”). For the avoidance of doubt, all EoIs are non-binding and a Secondary Transaction will only become binding once the parties have entered into the Transaction Documents in their sole and unencumbered discretion.
Secondary Transactions
