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 of the SteadyStack NFTs are subject to the following terms: (a) the SteadyStack NFT transferee (the “Transferee”) shall, by purchasing, accepting, accessing or otherwise using the SteadyStack NFT or SteadyStack Art, be deemed to accept all of the terms of this Agreement as a “Holder” hereof; (b) the SteadyStack NFT transferor (the “Transferor”) shall provide notice to the Transferee of this Agreement, including a link or other method by which the terms of this Agreement can be accessible by the Transferee; and (c) SteadyStack collection creator shall be entitled to receive five percent (5%) of the gross amounts paid by the Transferee (the “Royalty Payment”). The Royalty Payment may be changed, in accordance with Section 15 of this Agreement. Notwithstanding the foregoing, additional fees may apply based on the structure of the Secondary Transaction in question and as determined by SteadyStack in its sole discretion. SteadyStack shall be paid the Royalty Payment on the same terms and at the same time as Transferor is paid by the Transferee. Xxxxxx further acknowledges and agrees that all subsequent transactions of the SteadyStack NFT will be effected on the blockchain network governing the SteadyStack NFT, and Holder will be required to make or receive payments exclusively through its cryptocurrency wallet. You further acknowledge and agree that all Secondary Transactions will be effected on the applicable blockchain network (e.g., Ethereum) compatible with the SteadyStack NFTs, and you will be required to make or receive payments exclusively through your cryptocurrency wallet. Without limitation of any other termination rights, SteadyStack may suspend or terminate the license to the SteadyStack Art if it has a reasonable basis for believing that you have engaged in an off-chain sale of the SteadyStack NFT, or otherwise engaged in any off-chain transactions for the purchase or sale of the SteadyStack NFT without making the applicable Royalty Payment. You, and all subsequent Transferees, shall be responsible for paying the Royalty Payment associated with the Secondary Transaction purchase price, regardless of where such purchase price is fulfilled on-chain, off-chain, or in a combination of the foregoing. Except as expressly provided herein, ownership of a SteadyStack NFT and the licenses in Section 3 are not separable in any way. You may not engage in any transaction or activity that purports to decouple the licenses in Section 3 ...
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
