Token Generation Event definition

Token Generation Event or „TGE” means the creation of tokens by the Company and vesting them with the Purchaser in the amount and the time limit as set out in the Agreement.
Token Generation Event means the launch of the PhunCoin Ecosystem, which will only occur if the ecosystem is operational on a blockchain technology that enables it to comply with applicable laws.
Token Generation Event means the Company’s offer and sale of immediately deliverable Tokens to persons other than persons who control, are controlled by, or are under common control with the Company.

Examples of Token Generation Event in a sentence

  • If there is a Token Generation Event prior to the expiration or termination of the Agreement, the Company will vest Tokens with the Purchaser in the amount equal to the Purchase Amount as per the terms set out in the Agreement.

  • Token buyers will start vesting their tokens at the Token Generation Event and are able to claim their tokens at any given moment.

  • You are strongly advised to take independent legal advice in respect of the legality in your jurisdiction of your participation in the Token Generation Event and purchase of Tokens.

  • Token release and accessibility will be daily, with 1/365 and 1/181 tokens released daily respectively.AdvisorsTokens allocated to Cudo’s advisors will be locked for 6 months after the Token Generation Event (TGE).

  • At the the Token Generation Event (TGE), the generated tokens and funds will be allocated proportionally to different use-cases and operations.


More Definitions of Token Generation Event

Token Generation Event means the issuance by the Company of Tokens to the Purchaser and the holders of other SAFTS pursuant to the SAFTs.
Token Generation Event means, as determined by the Company in its sole and absolute discretion, the date upon which Tokens are generated and made available for distribution.
Token Generation Event means the event organized by the Company to sell DXG Tokens as set out in the White Paper (as may be amended from time to time).
Token Generation Event means the instantiation of New Tokens by or on behalf of the Client via deployment on a blockchain or distributed ledger technology, or any similar technology intended for implementing a digital currency.
Token Generation Event means the delivery of Tokens within 30 days following the end of the Sale Period;
Token Generation Event or “TGE” means the creation of Xxxxxxxx Coins by KSK and vesting them with the Buyer in the amount and the time limit as set out in the Schedule 1.
Token Generation Event or “TGE”) shall mean the acceptance of consideration for and the delivery of Tokens by the Company following the end of the Sale Period;