DDA Purchase Clause Samples
DDA Purchase. 1.1. The undersigned Purchaser hereby purchases pursuant to this Purchase Agreement the DDA sold in the Offering by the Token Issuer, for future delivery of the Tokens representing the value of the Purchase set forth in the Purchaser Questionnaire portion of this Purchase Agreement. The number of Tokens to be received will be determined as described in the DDA.
DDA Purchase. 1.1. The undersigned Purchaser hereby purchases pursuant to this Purchase Agreement the DDA sold in the Offering by the Token Issuer, for future delivery of the Tokens representing the value of the Investment set forth in the Purchaser Questionnaire portion of this Purchase Agreement. The number of Tokens to be received will be 2,000,000. The purchase price for the DDA shall be deemed paid in exchange for the deemed payment of $26,400 of the $526,400 amount payable by the SAFE Purchaser to the Purchaser under the Simple Agreement for Equity Financing, entered into on January 17, 2019, between the SAFE Purchaser and the Purchaser, effective upon the delivery of the DDA.