TERMS OF TOKEN SALE. 2.1. This Agreement constitutes a binding legal agreement between the Investor and the Company. This Agreement contains the terms that govern the Investor's purchase of the Tokens as well as certain terms of any smart contracts (if any) related to the distribution of the Investment Tokens. 2.2. The Investor's purchase of the Tokens from the Company is subject to these Terms of sale. 2.3. The Purchase Price for the Token may be payable in USDC or Fiat currency, at the spot rate of exchange at the time of payment, as it may be determined by the Company and notified to the Investor). 2.4. The Parties agree that the Investor shall pay the agreed Purchase Price to the Company's designated wallet address for the relevant Token. The Purchase Price must be received in the designated wallet for it to constitute a purchase of a Token by the relevant Investor hereunder. 2.5. Save as otherwise separately notified to the Investor, the designated wallet address for payment of the Purchase Price shall be set out below. It is expressly agreed that the Company may direct the Investor to make payment of the Purchase Price to a wallet address belonging to any Group Entity. The Investor is aware that cyberthieves and other malefactors may mimic companies such as the Company and provide the Investor with wire transfer or wallet information that is falsified and is designed to pay said malefactors instead of the Company. Accordingly, prior to making any payment of the Purchase Price to the Company, the Investor shall be required to confirm by e-mail the amount of the Purchase Price and the location to which the Purchase Price shall be sent. The Company shall have no liability if the Investor sends the Purchase Price or any portion thereof to the wrong wallet address. 2.6. The Company expressly reserves the right to exchange, fork, hard spoon, otherwise migrate all the Tokens generated (the “Initial Tokens”) to another smart contract, whether on the same or a different blockchain network protocol, or otherwise replace the Initial Tokens with another digital token (the “Alternate Tokens”) should a competent governing body or Company determine, that doing so is necessary or useful for the operation of Company or any of its associated businesses, legal compliance reasons or for the purposes of achieving technical and operational efficiencies. Should the Company decide to exchange or migrate the Initial Tokens and/or the existing chain state, the Company may no longer provide support for the Initial Tokens relating to Company, the services or any other operational matters, except with respect to the exchange, migration or replacement process. If the Token is exchanged or migrated to another blockchain network protocol, the practical utility of the Initial Tokens will likely diminish rapidly once Alternate Tokens are created. The Investor acknowledges and agrees that for it to participate in Company or obtain future utility from the Token following the creation of Alternate Tokens, certain actions and efforts may be required from it in order for it to receive Alternate Tokens. Where the Investor has fully complied with all actions and efforts reasonably required by the Company and/or Company to be eligible to receive Alternate Tokens, the Investor shall be entitled to receive such number of Alternate Tokens equal to the number of Initial Tokens held at such time, on substantially the same terms and conditions as those contained herein. Notwithstanding the aforegoing, the Alternative Tokens shall entitle the Investor to the same rights it shall just have been migrated or exchanged to another form or blockchain network.]
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Samples: Terms and Conditions, Terms and Conditions
TERMS OF TOKEN SALE. 2.15.1. This Agreement constitutes a binding legal agreement between the Investor User and the CompanyPartnerships. This Agreement It contains the terms that govern the InvestorUser's purchase of the Tokens as well as and certain terms of any smart contracts (if any) related to the distribution of the Investment Tokens.
2.25.2. The InvestorUser's purchase of the Tokens from the Company is subject to these Terms terms of sale.
2.35.3. The Purchase Price for the Token may be payable in USDC Fiat currency or Fiat currency, or any other cryptocurrency that the Xcap-Network may adopt at the spot rate of exchange at the time of payment, as it may be determined by the Company and notified to the Investor).time
2.45.4. The Parties agree that the Investor User shall pay the agreed Purchase Price to the Company's designated wallet address for the relevant Token. Alternatively, it may be paid in Fiat into the nominated Bank Account. The Purchase Price purchase price must be received in the designated wallet for it to constitute a purchase of a Token token by the relevant Investor user hereunder.
2.55.5. Save as otherwise separately notified to the InvestorUser, the designated wallet address for payment of the Purchase Price shall be set out belowdisplayed per token on the xxxx.xxxxxxx. It is expressly agreed that the Company Partnerships may direct the Investor User to make payment of the Purchase Price to a wallet address belonging to any Group Entity.
5.6. The Investor User is aware that cyberthieves and other malefactors may mimic companies such as the Company Partnerships and provide the Investor User with wire transfer or wallet information that is falsified and is designed to pay said malefactors instead of the CompanyPartnerships. Accordingly, prior to making any payment of the Purchase Price to the CompanyPrice, the Investor User shall be required to confirm by e-mail the amount of the Purchase Price and the location to which the Purchase Price shall be sent. The Company Parties shall have no liability if the Investor User sends the Purchase Price or any portion thereof to the wrong wallet address.
2.65.7. The Company Tokens purchased in terms of this Agreement shall be subject to the following conditions:
5.7.1. In the event that the User elects to invest in the Investment, the User shall purchase the Tokens (utilizing Fiat currency or such other purchase instrument as contemplated on the Xcap-Network);.
5.7.2. Upon investing in the Partnerships or purchasing Tokens, the User shall automatically and without further ado or any further actions required become a Limited Partner in the Partnerships. By purchasing the Token, the User shall be bound by and undertake to adhere to the terms and conditions contained in the Tokens associated Partnership Agreement.
5.7.3. The Token shall not be redeemable until the Redemption Date or otherwise in accordance with clause 9 below.
5.8. The Partnerships expressly reserves the right to exchange, fork, hard spoon, otherwise migrate all the Tokens generated (the “Initial Tokens”) to another smart contract, whether on the same or a different blockchain network protocol, or otherwise replace the Initial Tokens with another digital token (the “Alternate Tokens”) should a competent governing body or Company Rainfin determine, that doing so is necessary or useful for the operation of Company Rainfin or any of its associated businesses, legal compliance reasons or for the purposes of achieving technical and operational efficiencies. Should the Company Partnerships or any Group Entity decide to exchange or migrate the Initial Tokens and/or the existing chain state, the Company Partnerships may no longer provide support for the Initial Tokens relating to CompanyRainfin, the services or any other operational matters, except with respect to the exchange, migration or replacement process. If the Token is exchanged or migrated to another blockchain network protocol, the practical utility of the Initial Tokens will likely diminish rapidly once Alternate Tokens are created. The Investor User acknowledges and agrees that for it to participate in Company Rainfin or obtain future utility from the Token following the creation of Alternate Tokens, certain actions and efforts may be required from it in order for it to receive Alternate Tokens. Where the Investor User has fully complied with all actions and efforts reasonably required by the Company Partnerships and/or Company any Group Entity including RainFin, to be eligible to receive Alternate Tokens, the Investor User shall be entitled to receive such number of Alternate Tokens equal to the number of Initial Tokens held at such time, on substantially the same terms and conditions as those contained herein. Notwithstanding the aforegoing, the Alternative Tokens shall entitle the Investor User to the same rights it shall just have been migrated or exchanged to another form or blockchain network.]
Appears in 1 contract
Samples: Terms and Conditions
TERMS OF TOKEN SALE. 2.15.1. This Agreement constitutes a binding legal agreement between the Investor User and the CompanyRainfin Partnership. This Agreement contains the terms that govern the InvestorUser's purchase of the Tokens as well as certain terms of any smart contracts (if any) related to the distribution of the Investment Tokens.
2.25.2. The InvestorUser's purchase of the Tokens from the Company Rainfin Partnership is subject to these Terms terms of sale.
2.35.3. The Purchase Price for the Investment Token may be payable in USDC Fiat currency or Fiat currencyor any other cryptocurrency that the Rainfin Network may adopt, at the spot rate of exchange at the time of payment, as it may be determined by the Company Rainfin Partnership and notified to the Investor)User.
2.45.4. The Parties agree that the Investor User shall pay the agreed Purchase Price to the CompanyRainfin Partnership's designated wallet address for the relevant Invetsment Token, alternatively it may be paid in Fiat into the Rainfin Partnership’s Nominated Bank Account. The Purchase Price must be received in the designated wallet for it to constitute a purchase of a Token by the relevant Investor User hereunder.
2.55.5. Save as otherwise separately notified to the InvestorUser, the designated wallet address for payment of the Purchase Price shall be set out below. It is expressly agreed that the Company Rainfin Partnership may direct the Investor User to make payment of the Purchase Price to a wallet address belonging to any Group Entity.
5.6. The Investor User is aware that cyberthieves and other malefactors may mimic companies such as the Company Rainfin Partnership and provide the Investor User with wire transfer or wallet information that is falsified and is designed to pay said malefactors instead of the CompanyRainfin Partnership. Accordingly, prior to making any payment of the Purchase Price to the CompanyRainfin Partnership, the Investor User shall be required to confirm by e-mail the amount of the Purchase Price and the location to which the Purchase Price shall be sent. The Company Rainfin Partnership shall have no liability if the Investor User sends the Purchase Price or any portion thereof to the wrong wallet address.
2.65.7. The Company Tokens purchased in terms of this Agreement shall be subject to the following conditions:
5.7.1. In the event that the User elects to invest in the Investment, the User shall purchase the Tokens (utilizing Fiat currency or such other currency as contemplated on the Rainfin Network);.
5.7.2. Upon payment of the monies from Rainfin to the Rainfin Partnership and purchase by the Rainfin Partnership of the Bank Note, the User shall automatically and without further ado or any further actions required become a limited partner in the Rainfin Partnership. The User shall by purchasing the Investment Token and by the subsequent payment of the Purchase Price by Rainfin to the Rainfin Partnership as contemplated herein, be bound by and undertakes to adhere to the terms and conditions contained in the Rainfin Partnership Agreement.
5.7.3. The Investment Token shall not be redeemable until the Redemption Date or otherwise in accordance with clause 9 below.
5.7.4. No User shall be entitled to create any pledge, lien, security interest, encumbrance or equitable interest over or in respect of the Investment Token.
5.8. The Rainfin Partnership, Rainfinand each Group Entity expressly reserves the right to exchange, fork, hard spoon, otherwise migrate all the Tokens generated (the “Initial Tokens”) to another smart contract, whether on the same or a different blockchain network protocol, or otherwise replace the Initial Tokens with another digital token (the “Alternate Tokens”) should a competent governing body or Company Rainfin determine, that doing so is necessary or useful for the operation of Company Rainfin or any of its associated businesses, legal compliance reasons or for the purposes of achieving technical and operational efficiencies. Should the Company Rainfin Partnership or any Group Entity decide to exchange or migrate the Initial Tokens and/or the existing chain state, the Company Rainfin Partnership may no longer provide support for the Initial Tokens relating to CompanyRainfin, the services or any other operational matters, except with respect to the exchange, migration or replacement process. If the Token is exchanged or migrated to another blockchain network protocol, the practical utility of the Initial Tokens will likely diminish rapidly once Alternate Tokens are created. The Investor User acknowledges and agrees that for it to participate in Company Rainfin or obtain future utility from the Token following the creation of Alternate Tokens, certain actions and efforts may be required from it in order for it to receive Alternate Tokens. Where the Investor User has fully complied with all actions and efforts reasonably required by the Company Rainfin Partnership and/or Company any Group Entity including Rainfin to be eligible to receive Alternate Tokens, the Investor User shall be entitled to receive such number of Alternate Tokens equal to the number of Initial Tokens held at such time, on substantially the same terms and conditions as those contained herein. Notwithstanding the aforegoing, the Alternative Tokens shall entitle the Investor User to the same rights it shall just have been migrated or exchanged to another form or blockchain network.]
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Samples: Terms and Conditions