Effective Purchase Price definition
Examples of Effective Purchase Price in a sentence
The Company shall similarly issue to the other CAFE Investors a number of Tokens determined by dividing the purchase amounts under their respective CAFEs by the Effective Purchase Price.
If (i) the Fiat Transfer Confirmation Date is more than six (6) business days from the date that the Investor initiated the Fiat Transfer and (ii) the difference between the Effective Purchase Price in effect as of the Fiat Transfer Confirmation Date and the Original Effective Purchase Price exceeds 5%, the Company will follow the notice provisions set forth in Section 1(a)(iii)(B) above, and Investor shall be entitled to withdraw their funds from the Site and cancel this CAFE.
In the event that the Investor confirms their intent to proceed with the purchase of Tokens at such new Effective Purchase Price, the Company shall process the Investor’s payment and Investor shall receive Tokens equal to the Purchase Amount divided by the Effective Purchase Price in effect as of the Fiat Transfer Confirmation Date.
If the Investor indicates that they do not wish to purchase the Tokens at the Effective Purchase Price in effect as of the Fiat Transfer Confirmation Date, the Investor shall be eligible to withdraw their funds in accordance with the Company’s instructions provided to Investor, less applicable fees incurred by the Company in processing Investor’s Fiat Transfer.
Investor hereby acknowledges this risk and consents to the Company automatically processing Investor’s purchase of the Tokens at the Effective Purchase Price in effect as of the Fiat Transfer Confirmation Date so long as the Effective Purchase Price in effect as of such Fiat Transfer Confirmation Date is within 5% of the Original Effective Purchase Price.