Examples of Token Purchase Agreement in a sentence
The rights of the INX Token holder are contractual rights set forth in the INX Token Purchase Agreement, including this Exhibit B.
This Token Purchase Agreement (this “Agreement”) contains the terms and conditions that govern your purchase of the INX Tokens, an ERC20 blockchain asset that is programmed using a smart contract that is compatible with the Ethereum blockchain (the “Tokens” or “INX Tokens”) and it defines your rights and obligations with respect to the purchased Tokens.
If the LP Advisory Committee determines that Blockstack has achieved the First Milestone on the First Evaluation Date, no later than 30 days after the First Evaluation Date the Partnership will transfer to the Seller cash in an amount equal to 40% of the aggregate Capital Contributions of the Limited Partners in exchange for the Milestone Tokens pursuant to and in accordance with the Token Purchase Agreement.
If the LP Advisory Committee determines that the Network has achieved the Second Milestone on the Second Milestone Date, the Partnership will transfer to the Seller the balance of the amount due to the Seller as determined in accordance with the terms of the Token Purchase Agreement.
On or about December 1, 2017, in accordance with the Token Purchase Agreement, the Partnership will remit to the Seller an amount in cash equal to 20% of the total Capital Contributions of the Limited Partners as a non-refundable advance on the Milestone Tokens to be sold by the Seller to the Partnership for distribution to the Limited Partners upon the satisfaction of the requirements set forth herein and in the Token Purchase Agreement.
INX LIMITED By: Name: Its: PURCHASER: By: Name: Email address: ¨ PAYMENT BY WIRE TRANSFER – Send payment to the following: ¨ PAYMENT BY XXXXXXXX – Send payment to the following: ¨ PAYMENT BY BITCOIN – Send payment to the follow address: *The BTC/USD and ETH/USD exchange rates have been determined by the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX), respectively, at 12:00 a.m. (UTC) on the date Purchaser submitted this executed INX Token Purchase Agreement to the Company.
In addition to the aforementioned risks, there are other risks (as more particularly set out in the Token Purchase Agreement) associated with your purchase, holding and use of SOC, including those that the Foundation cannot anticipate.
This Token Purchase Agreement (“TPA”) is issued by the Company in connection with the offering (“Offering”) of Future Token Interests by the Company via a series of agreements on substantially similar terms to this TPA (collectively, the “TPAs”).
The Company may require the Participant to supplement its notice with such additional information as the Company may deem necessary or desirable or as may otherwise be required by the applicable Option Agreement, Restricted Token Purchase Agreement, Restricted Token Unit Agreement or other applicable written agreement.
You acknowledge and agree that you cannot purchase Project Tokens unless you (i) satisfy the requirements of Section 1.3.2 and any Additional KYC requirements, (ii) execute the Token Purchase Agreement, if any, between you and the Project, and (iii) transfer the sufficient number of Tokens, as set forth on the Site at the time of purchase, in the amount you agreed to pay for the Project Tokens.