Common use of When and Where to Send Clause in Contracts

When and Where to Send. The Purchaser Questionnaire, E-Signature Page and supplemental materials should be delivered simultaneously through this online form. Failure to submit these documents will result in an incomplete Purchase Agreement and prevent you from purchasing Tokens. SAFT Purchase Instructions: SAFTs will be offered through CoinList and XxxxXxxx.xx. Registration for indicating interest in the SAFT Offering will open for potential purchasers on November 1, 2017 and end on November 15, 2017 (such period, the “Registration Period”). The Company will provide a range of potential prices for the Tokens to be issued in connection with and pursuant to the SAFT. During the Registration Period, potential purchasers will (x) create an account on XxxxXxxx.xx, (y) indicate a desired level of investment in the SAFT based on the range of potential prices for the Tokens provided by the Company and (z) submit information for purposes of verifying identity and status as an Accredited Investor. Potential purchasers can also prefund accounts to purchase the SAFTs. On November 15, 2017, the Company will announce the final purchase price for the Tokens and will notify potential purchasers of such final price and their allocation for the maximum number of Tokens they can purchase. Potential purchasers will submit e-signatures to the SAFT and Purchase Agreement via CoinList to confirm the amount of their commitment. If a potential purchaser confirms his, her or its commitment, then the Company will process the sale of the SAFT and confirm execution and delivery of the SAFT and Purchase Agreement. If a potential purchaser desires to modify or withdraw the amount of his, her or its commitment, then the Company will, before December 1, 2017, notify the potential purchaser of whether the Company approves of such modification and thereafter proceed with or terminate the sale process, as applicable. If a potential purchaser desires to withdraw his, her or its commitment, then the Company will return the potential purchaser’s funds and the SAFT and Purchase Agreement will not be entered into or have any effect. Additional details of the purchase process are provided in the SAFT Term Sheet.

Appears in 3 contracts

Samples: Simple Agreement for Future Tokens (Saft) (Blockstack Inc.), Simple Agreement for Future Tokens (Saft) (Blockstack Token LLC), Simple Agreement for Future Tokens (Saft) (Blockstack Token LLC)

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When and Where to Send. The Purchaser Investor Questionnaire, E-Signature Page and supplemental materials should be delivered simultaneously through this online form. Failure to submit these documents will result in an incomplete Purchase Subscription Agreement and prevent you from purchasing Tokenssubscribing for an Interest. SAFT Purchase Subscription Agreement Instructions: SAFTs Interests will be offered through CoinList and XxxxXxxx.xx. Registration The registration period for indicating interest in the SAFT Fund Offering will open for potential purchasers Investors on November 1, 2017 and end on November 15, 2017 (such period, the “Registration Period”). The Company will provide a range of potential prices for the Tokens to be issued in connection with and pursuant to the SAFT. During the Registration Periodperiod when Token LLC is offering Interests in the Funds (the “Fund Offering”), potential purchasers Investors will be able to (x) create an account on XxxxXxxx.xx, (y) indicate a desired level of investment in the SAFT based on the range a Fund by offering to contribute a certain amount of potential prices for the Tokens provided by the Company capital and (z) submit information for purposes of verifying identity and status as an Accredited InvestorInvestor and (as applicable) a Qualified Purchaser. Potential purchasers Investors can also prefund accounts to purchase the SAFTsInterests. However, any funding provided in this way will not represent a binding commitment to purchase Interests. On or around November 15, 2017, the Company General Partner will announce the final purchase price for the Tokens and will notify potential purchasers Investors of such final that price and their allocation for the maximum number of Tokens they can purchaseto be allocated to them through their Interests. After the General Partner announces the final purchase price, potential Limited Partners must confirm the amount of their commitment within a short period. Potential purchasers will submit e-signatures to the SAFT and Purchase Subscription Agreement via CoinList to confirm the amount of their commitment. Before the closing of the Fund Offering on December 1, 2017, potential investors can modify the amount of their commitment, subject to approval by the General Partner, or withdraw their commitment. If a potential purchaser Investor confirms his, her or its commitment, then the Company General Partner will process the sale of the SAFT and sale, confirm execution and delivery of the SAFT Subscription Agreement, and Purchase Agreementissue Interests. If a potential purchaser Investor desires to modify or withdraw the amount of his, her or its commitment, then the Company General Partner will, before December 1, 2017November 20, notify the potential purchaser of Investor whether the Company General Partner approves of such modification and thereafter proceed with or terminate the sale process, as applicable. If a potential purchaser Investor desires to withdraw his, her or its commitment, then the Company General Partner will return the potential purchaserInvestor’s funds and the SAFT and Purchase Subscription Agreement will not be entered into or have any effect. Additional details of the purchase process are provided in the SAFT Term Sheet.

Appears in 3 contracts

Samples: Simple Agreement for Future Tokens (Saft) (Blockstack Token LLC), Simple Agreement for Future Tokens (Saft) (Blockstack Token LLC), Subscription Agreement (Blockstack Inc.)

When and Where to Send. The Purchaser Questionnaire, E-Signature Page Page, and supplemental materials should be delivered simultaneously through this online formsigned, scanned, and emailed to the Token Issuer at the email address provided below. Failure to submit these documents will result in an incomplete Purchase Agreement and prevent you from purchasing Tokensa DDA. SAFT Purchase Instructions: SAFTs will be offered through CoinList and XxxxXxxx.xx. Registration for indicating interest in the SAFT Offering will open for potential purchasers on November 1, 2017 and end on November 15, 2017 (such periodOnce these materials are received, the “Registration Period”). The Company will provide a range of potential prices for the Tokens to be issued in connection with and pursuant to the SAFT. During the Registration Period, potential purchasers will (x) create an account on XxxxXxxx.xx, (y) indicate a desired level of investment in the SAFT based on the range of potential prices for the Tokens provided by the Company and (z) submit information for purposes of verifying identity and status as an Accredited Investor. Potential purchasers can also prefund accounts to purchase the SAFTs. On November 15, 2017, the Company will announce the final purchase price for the Tokens and will notify potential purchasers of such final price and their allocation for the maximum number of Tokens they can purchase. Potential purchasers will submit e-signatures to the SAFT and Purchase Agreement via CoinList to confirm the amount of their commitment. If a potential purchaser confirms his, her or its commitment, then the Company Token Issuer will process the sale of the SAFT DDA and confirm execution and delivery of the SAFT DDA and Purchase Agreement. The Token Issuer reserves the right to deny any potential Purchaser, for any reason whatsoever, at its own discretion. After the Token Issuer approves the Purchase, the Token Issuer will countersign the DDA and Purchase Agreement and will provide wiring and/or cryptocurrency transfer instructions for the Purchaser’s payment. If a potential purchaser desires the payment will be made in cryptocurrency, the exchange rate (from the cryptocurrency to modify or withdraw U.S. Dollars) for the amount payment of his, her or its commitment, then the Purchase will be negotiated between the Company will, before December 1, 2017, notify and the potential purchaser of whether Purchaser on an individual basis. The Purchaser must send the Purchase amount to the Company approves within five business days, defined as Monday through Friday, exclusive of such modification U.S. federal banking holidays (“Business Days”), of the Company sending the final executed DDA and thereafter proceed Purchase Agreement. All sales in this DDA Offering are individually offered. The potential Purchaser will complete the materials in accordance with or terminate the sale processinstructions in the DDA Purchase Agreement and return executed copies to the Company. The Company will review the materials provided by potential Purchasers and determine which Purchasers to accept. In making this determination, as applicable. If a potential purchaser desires to withdraw his, her or its commitment, then the Company will return attempt to verify the identities of potential Purchasers through its Know-Your-Customer (“KYC”) and Anti-Money Laundering (“AML”) review and will check whether those potential Purchasers appear on the Specially Designated Nationals List administered by the Office of Foreign Assets Control (“OFAC”). Once approved as a Purchaser, it is anticipated but not guaranteed that each Purchaser will be provided DDA interests in the total amount of their requested Investment, but all allocations will be decided at the sole discretion of the Company. We will accept payment of purchase price in U.S. dollars, as well as Bitcoin and Ether (valued in US dollars by xxxxx://xxxxxxxxxxxxxx.xxx/ at the time of purchase). The xxxxx://xxxxxxxxxxxxxx.xxx/ valuation will be updated every hour starting at 9 am Eastern time each day, and payments will be valued based on the most recent update at the time when we receive payment from the purchaser. If at any time in the future, xxxxx://xxxxxxxxxxxxxx.xxx/ is no longer operational or operates with limited functionality such that the procedures set forth herein could not be applied (such as the inability to determine an accurate trading price of the applicable cryptocurrency at a precise time), or ceases to be a significant and/or reputable exchange platform for US holders of Bitcoin or Ether, such that use of xxxxx://xxxxxxxxxxxxxx.xxx/ is, in our determination, no longer a reliable method of determining the fair value of Bitcoin or Ether, we shall select a replacement source that, in the good faith judgment of management, is recognized in the market at such time, as a reputable and reliable source for such reporting purposes. The considerations to be used in selecting a replacement source shall include, whether such source has all applicable regulatory approvals to operate, the volume of cryptocurrency sales that are effected on such platform by US purchasers, and the reputation of such platform. In the event we select a replacement source, holders of Stacks Tokens will be notified of such change via electronic communication. Once submitted, an purchaser’s funds and subscription is irrevocable. However, we reserve the SAFT and right to reject any purchaser’s subscription in whole or in part for any reason, including failure of the purchaser to qualify or meet the purchaser suitability standards or the KYC/AML standards. Completeness: An incomplete Purchase Agreement will not be entered into or have any effect. Additional details of the purchase process are provided in the SAFT Term Sheetaccepted.

Appears in 1 contract

Samples: Purchase Agreement (Blockstack Token LLC)

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When and Where to Send. The Purchaser Questionnaire, E-Signature Page Page, and supplemental materials should be delivered simultaneously through this online formsigned, scanned, and emailed to the Token Issuer at the email address provided below. Failure to submit these documents will result in an incomplete Purchase Agreement and prevent you from purchasing Tokensa DDA. SAFT Purchase Instructions: SAFTs will be offered through CoinList and XxxxXxxx.xx. Registration for indicating interest in the SAFT Offering will open for potential purchasers on November 1, 2017 and end on November 15, 2017 (such periodOnce these materials are received, the “Registration Period”). The Company will provide a range of potential prices for the Tokens to be issued in connection with and pursuant to the SAFT. During the Registration Period, potential purchasers will (x) create an account on XxxxXxxx.xx, (y) indicate a desired level of investment in the SAFT based on the range of potential prices for the Tokens provided by the Company and (z) submit information for purposes of verifying identity and status as an Accredited Investor. Potential purchasers can also prefund accounts to purchase the SAFTs. On November 15, 2017, the Company will announce the final purchase price for the Tokens and will notify potential purchasers of such final price and their allocation for the maximum number of Tokens they can purchase. Potential purchasers will submit e-signatures to the SAFT and Purchase Agreement via CoinList to confirm the amount of their commitment. If a potential purchaser confirms his, her or its commitment, then the Company Token Issuer will process the sale of the SAFT DDA and confirm execution and delivery of the SAFT DDA and Purchase Agreement. The Token Issuer reserves the right to deny any potential Purchaser, for any reason whatsoever, at its own discretion. After the Token Issuer approves the Purchase, the Token Issuer will countersign the DDA and Purchase Agreement and will provide wiring and/or cryptocurrency transfer instructions for the Purchaser’s payment. If a potential purchaser desires the payment will be made in cryptocurrency, the exchange rate (from the cryptocurrency to modify or withdraw U.S. Dollars) for the amount payment of his, her or its commitment, then the Purchase will be negotiated between the Company will, before December 1, 2017, notify and the potential purchaser of whether Purchaser on an individual basis. The Purchaser must send the Purchase amount to the Company approves within five business days, defined as Monday through Friday, exclusive of such modification U.S. federal banking holidays (“Business Days”), of the Company sending the final executed DDA and thereafter proceed Purchase Agreement. All sales in this DDA Offering are individually offered. The potential Purchaser will complete the materials in accordance with or terminate the sale processinstructions in the DDA Purchase Agreement and return executed copies to the Company. The Company will review the materials provided by potential Purchasers and determine which Purchasers to accept. In making this determination, as applicable. If a potential purchaser desires to withdraw his, her or its commitment, then the Company will return attempt to verify the identities of potential Purchasers through its Know-Your-Customer (“KYC”) and Anti-Money Laundering (“AML”) review and will check whether those potential Purchasers appear on the Specially Designated Nationals List administered by the Office of Foreign Assets Control (“OFAC”). Once approved as a Purchaser, it is anticipated but not guaranteed that each Purchaser will be provided DDA interests in the total amount of their requested Investment, but all allocations will be decided at the sole discretion of the Company. We will accept payment of purchase price in U.S. dollars, as well as Bitcoin and Ether (valued in US dollars by xxxxx://xxxxxxxxxxxxxx.xxx/ at the time of purchase). The xxxxx://xxxxxxxxxxxxxx.xxx/ valuation will be updated every hour starting at 9 am Eastern time each day, and payments will be valued based on the most recent update at the time when we receive payment from the purchaser. If at any time in the future, xxxxx://xxxxxxxxxxxxxx.xxx/ is no longer operational or operates with limited functionality such that the procedures set forth herein could not be applied (such as the inability to determine an accurate trading price of the applicable cryptocurrency at a precise time), or ceases to be a significant and/or reputable exchange platform for US holders of Bitcoin or Ether, such that use of xxxxx://xxxxxxxxxxxxxx.xxx/ is, in our determination, no longer a reliable method of determining the fair value of Bitcoin or Ether, we shall select a replacement source that, in the good faith judgment of management, is recognized in the market at such time, as a reputable and reliable source for such reporting purposes. The considerations to be used in selecting a replacement source shall include, whether such source has all applicable regulatory approvals to operate, the volume of cryptocurrency sales that are effected on such platform by US purchasers, and the reputation of such platform. In the event we select a replacement source, holders of Stacks Tokens will be notified of such change via electronic communication. Once submitted, a purchaser’s funds and subscription is irrevocable. However, we reserve the SAFT and right to reject any purchaser’s subscription in whole or in part for any reason, including failure of the purchaser to qualify or meet the purchaser suitability standards or the KYC/AML standards. Completeness: An incomplete Purchase Agreement will not be entered into or have any effect. Additional details of the purchase process are provided in the SAFT Term Sheetaccepted.

Appears in 1 contract

Samples: Purchase Agreement (Blockstack Inc.)

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