Examples of Subscribed Tokens in a sentence
Investor hereby irrevocably subscribes to purchase the Subscribed Tokens and to pay an amount equal to the Purchase Price to the Company in consideration for such purchase (the “Subscription”).
Investor is acquiring the Subscribed Tokens for his/her/its own account, for investment, and not with a view to the resale or distribution of all or any part of the Subscribed Tokens.
Taking into account these factors and all other factors relating to Subscribed Tokens and the Company, Signer has concluded that this investment is an appropriate part of the overall investment program of the Investor.
Investor hereby acknowledges that each of the representations provided in this Agreement will be deemed to be reaffirmed by the Investor if/when the Subscription is accepted by the Company (in whole or in part), and on the Closing Date, and that the acceptance of any Subscribed Tokens by the Investor will be evidence of such reaffirmation.
Investor is: (i) willing and able to bear the economic risks of the purchase of the Subscribed Tokens and an investment in the Company for an indefinite period of time; (ii) not dependent upon current cash returns with respect to his/her/its investment in the Subscribed Tokens and can bear the loss of the Investor’s entire investment in the Company (i.e. the Purchase Price).
The Investor has not dealt with a broker (except for a Placement Agent, if any) in connection with the purchase of the Subscribed Tokens and agrees to indemnify and hold the Company (and each of its officers, directors, employees and agents) harmless from any claims for brokerage fees in connection with the transactions contemplated herein.
By signing this Agreement Investor hereby acknowledges that the Tokens (and all rights of the Investor as the holder of the Tokens) are, and will at all times be, subject to the terms and conditions of the Token Rights Agreement (as amended and in effect) and Investor agrees to be bound by all of the terms and conditions of the Token Rights Agreement with respect to the Subscribed Tokens.
Further, in regard to the legal, investment and tax considerations involved in the purchase, ownership and disposition of the Subscribed Tokens, the Investor has consulted with such legal counsel, business and/or investment advisor, accountant and tax advisor, if any, as the Investor has deemed necessary.
The Investor is not relying on any of the Company (or any of its Affiliates, officers, directors, employees and/or agents), or the references to the legal matters in the Offering Statement or the other Offering Materials, with respect to any legal, investment or tax considerations involved in the purchase, ownership and disposition of the Subscribed Tokens or any investment in the Company.
This Agreement may not be assigned without the express written consent of the non-assigning party hereto; provided that: Investor may elect, upon written notice delivered to the Company contemporaneously with the execution and delivery of this Agreement, to hold the Subscribed Tokens in the name of an Affiliate of Investor.