Common use of Token Delivery Date Clause in Contracts

Token Delivery Date. Upon the satisfaction of the Milestone by the Company, within 30 days of the Evaluation Date (such date of issuance, the “Token Delivery Date”), the Company will issue Tokens to the Investor representing One Hundred Percent (100%) of the Purchase Amount, as indicated by the number of Tokens set forth on the chart on the first page of this SAFT. Notwithstanding, the Purchase Amount will be net of taxes and expenses (including, namely: expenses as a result of exchange platform services). In all cases, the expenses will be assumed by the Investor.

Appears in 3 contracts

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

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Token Delivery Date. Upon the satisfaction of the Milestone by the Company, within 30 days of the Evaluation Date (such date of issuance, the “Token Delivery Date”), the Company will issue Tokens to the Investor representing One Hundred Percent (100%) of the Purchase Amount, as indicated by the number of Tokens set forth on purchase by the chart on the first page Investor by way of this SAFT. Notwithstanding, the Purchase Amount will be net of taxes and expenses (including, namely: expenses as a result of exchange platform services). In all cases, the expenses will be assumed by the Investor.

Appears in 1 contract

Samples: Simple Agreement for Future Tokens

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