Secondary Transaction means any transaction in which the rights granted under this Agreement is transferred to any Subsequent Acquirer along with the Token. All Secondary Transactions will be affected by way of execution of smart contracts and transfer of the Token on the blockchain network governing the Token and this Agreement. You agree that Clauses 3.2 and 3.3 above shall apply to any Secondary Transactions as well.
Secondary Transaction means any transaction in which a Digital Collectible is sold by one owner to another owner, or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction facilitated through the Collectibles Website in which a Digital Collectible is first transferred.
Secondary Transaction means any transaction in which an HDL Artwork is sold by one owner to another owner, or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction facilitated through the Artworks Website in which an HDL Artwork is first sold.
Examples of Secondary Transaction in a sentence
All Subsequent Acquirers shall be responsible for paying the Secondary Transaction Share payment associated with the Secondary Transaction, regardless of whether the purchase price of the transaction is fulfilled on-chain, off-chain, in cash or in kind (including by way of exchange of physical or digital assets) or in a combination of the foregoing.
You acknowledge and agree that this Agreement does not convey any rights in the underlying audio or video composition embodied in the Content or any ownership interest or other rights in or to the copyright in the Content or Artist’s name or likeness, which is fully reserved and retained by Artist; provided that You may use Artist’s name as necessary to accurately describe the Token in the case of any potential Secondary Transaction.
Any Secondary Transfer shall be null and void on a failure to pay the Secondary Transaction Share as set out herein.
More Definitions of Secondary Transaction
Secondary Transaction means the transaction concurrently and conditionally undertaken with the Secondary Seller, according to which, inter-alia, Purchaser shall purchase all Company’s securities held by the Secondary Seller, in consideration of the Secondary Consideration.
Secondary Transaction shall have the meaning stated in Section 6.1(b).
Secondary Transaction means any transaction in which a Song Token is sold by one owner to another owner or is otherwise transferred in any manner that is not a Primary Transaction; and “Primary Transaction” means a transaction facilitated through the ArtistFirst Website in which a Song Token is first sold.
Secondary Transaction means any transaction in which the Holder sells its interest in this Warrant, as a package, together with the interest in the Albireo Loan held by Kreos UK (or by any Person to whom Kreos UK has assigned such interests in accordance with the terms thereof), to a third-party and such third-party assumes any remaining funding or other obligations under the Albireo Loan of Kreos UK (or of any Person to whom Kreos UK has transferred such obligations in accordance with the terms thereof).13
Secondary Transaction. Has the meaning given in Clause 1.1. Seller A person who wishes to sell Securities to a Buyer in connection with a Secondary Transaction. Services Means the corporate brokerage services set out in Clause 4. Specified Event Means, the following which includes without limitation, if: i. you, or any Authorised Person appointed by you are the subject of or have been found guilty or at fault in any criminal proceedings or relevant investigation carried out by the appropriate authorities in any jurisdiction of any offence involving dishonesty, financial crime, terrorist financing or a similar offence; ii. you are the subject of an Insolvency Event; iii. you are an individual and you die or become of unsound mind or your capacity, as far as it is relevant to this CBS Agreement, is otherwise impaired; iv. you breach this CBS Agreement, including but not limited to, any Improper Use; v. you fail to make any payment due to us under this CBS Agreement or any other agreement in place between you and us or for any of our Associates; vi. any of the declarations and assurances provided by you pursuant to Clause 18 of this CBS Agreement becoming incorrect or misleading in any material respect, as determined by us; vii. an Error occurs; viii. a Corporate Action occurs in relation to the underlying asset of a Product or in relation to the issuer of an underlying asset; or ix. any other circumstance exists where we reasonably believe that it is necessary or desirable to protect you or us, including any breach or potential breach by you of Applicable Law or this CBS Agreement or where you do not respond as reasonably required to any notice, communication or request for further information from us in relation to your Account. Spread Bet or Bet A financial spread bet on a Product entered into through the Platform on an Account, which relates to the difference between the relevant Price from the time the bet was entered into and the time at which it was closed. Terms of Business Has the meaning given in Clause 1.3. Trading Venue Has the meaning given in the glossary of the FCA Handbook.
Secondary Transaction is described in Section 7.12.