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 issuance by the Company of Tokens to the Purchaser and the holders of other SAFTS pursuant to the SAFTs.

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.

  • Tokes Platform Token Generation Event Risk Factors You should carefully consider and evaluate each of the following risk factors and all other information contained in the Terms before deciding to participate in the Tokes Platform Token Generation Event (the “Tokes sale”).

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

  • The Company also received warrants to receive PhunCoins (a token) in the event Phunware completes a Token Generation Event.


More Definitions of Token Generation Event

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.
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 Token Issuer’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 Token Issuer.
Token Generation Event means the meeting of all of the following conditions, as determined by the Seller in its sole discretion: (i) the Tokens are minted and issued by the Seller;
Token Generation Event means the Company’s offer and sale of immediately deliverable Tokens to persons other than persons who cintrol, are controlled by, or are under common control with the Company.
Token Generation Event means the delivery of Tokens within 30 days following the end of the Sale Period;