Token Distribution Event Clause Samples

Token Distribution Event. On the day of the Token Distribution Event, the Token Issuer will issue to the Purchaser a number of Tokens equal to the Purchaser’s Token Amount; provided that, in connection with and prior to the issuance of the Token Amount by the Token Issuer to the Purchaser pursuant to this Section 2(a): (i) The Purchaser will execute and deliver to the Token Issuer any and all other transaction documents related to this Agreement, including but not limited to the Purchase Agreement. The Purchaser agrees that the Purchaser’s signature on the Signature Page to the Purchase Agreement constitutes delivery and execution of both the DDA and the DDA Purchase Agreement; (ii) The Purchaser has executed a SAFE with the SAFE Purchaser; (iii) Prior to the Token Distribution Event, the Purchaser will provide to the Token Issuer a digital wallet address to which the Token Issuer may deliver the Token Amount. For the avoidance of doubt, the public wallet address must be under the direct or indirect control of the Purchaser and shall not be under the direct or indirect control of a third-party. The Purchaser shall provide the Token Issuer with its digital wallet address at least 7 days before the Token Distribution Event. The Token Issuer will provide the Purchaser with notice of the need to do so when announcing the Token Distribution Event at least 14 days prior to the Token Distribution Event.

Token Distribution Event. On the Initial Token Distribution Date (defined below), before the expiration or termination of this SAFT, the Token Issuer will automatically issue the Tokens to the Subscriber; provided that, in connection with and prior to the issuance of Tokens by the Token Issuer to the Subscriber pursuant to this Section 1(a),

Token Distribution Event. The Company intends to conduct a distribution event with respect to up to 1,000,000,000 Hunter Diamonds held by it (the “Token Distribution Event”). The Token Distribution Event will occur at a future, currently unknown, date depending on the successful development and deployment of the Token Functionality and the Token Distribution Event may never happen.

Token Distribution Event. When Glitter Holdings operates a public Token Distribution Event for the GlitzKoin Project, the GlitzKoin Project will automatically issue to the Purchaser a number of Tokens equal to the amount of the Purchaser Tokens.

Token Distribution Event the closing of the final phase of the initial sale of Tokens by EcoLands;

Token Distribution Event. On the Initial Token Distribution Date (defined below), before the expiration or termination of this SAFT, the Token Issuer will automatically issue the Tokens to the Subscriber; provided that, in connection with and prior to the issuance of Tokens by the Token Issuer to the Subscriber pursuant to this Section 1(a), (i) The Subscriber will execute and deliver to the Token Issuer any transaction documents related to this SAFT and/or the Tokens upon reasonable request in order to give effect to the transaction(s) contemplated by this SAFT; and (ii) The Subscriber will provide the Token a digital security token wallet address to which the Token Issuer may deliver Tokens during the anticipated Token Distribution Event. If the Subscriber is unable to provide such a wallet, the Token Issuer may create such a wallet for the Subscriber and assign it to the Subscriber. For the avoidance of doubt, the digital security token wallet address must be under the direct or indirect control of the Subscriber and shall not be under the direct or indirect control of a third-party.