Common use of Delivery of Tokens Clause in Contracts

Delivery of Tokens. a. Provided that Purchaser has provided a token delivery wallet address and the personal information, the Company will deliver the quantity of Tokens purchased by Purchaser within 24 hours of the purchase date. For the avoidance of doubt, any such extension shall not affect the obligation of Company and the Purchaser to make and take delivery, respectively, of the Tokens purchased. b. Purchased tokens will be sent into the Purchaser’s PG digital wallet where the Purchaser has the right to utilize his/her tokens. c. Purchase, ownership, receipt, or possession of Tokens carries no rights, express or implied, other than the right to use such Tokens as a means to participate, interact or transact on the Company’s platform and ecosystem, if successfully completed and deployed. d. In particular, Purchaser understands and accepts that Tokens do not represent or confer ownership right or stake, share, security, or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the and its corporate affiliates, other than any rights relating to the provision and receipt of services from Company, subject to limitations and conditions in this Agreement. The Tokens are not intended to be a digital currency, security, commodity, or any kind of financial instrument.

Appears in 1 contract

Sources: Token Sale Agreement

Delivery of Tokens. a. Provided that Purchaser has provided a token delivery wallet address and the personal information, the Company will deliver the quantity of Tokens purchased by Purchaser within 24 hours of the purchase datedate to your designated digital wallet. For the avoidance of doubt, any such extension shall not affect the obligation of Company and the Purchaser to make and take delivery, respectively, of the Tokens purchased. b. Purchased tokens will be sent into the Purchaser’s PG digital wallet where the Purchaser has the right to utilize his/her tokens. c. Purchase, ownership, receipt, or possession of Tokens carries no rights, express or implied, other than the right to use such Tokens as a means to participate, interact or transact on the Company’s platform and ecosystem, if successfully completed and deployed. d. In particular, Purchaser understands and accepts that Tokens do not represent or confer ownership right or stake, share, security, or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the and its corporate affiliates, other than any rights relating to the provision and receipt of services from Company, subject to limitations and conditions in this Agreement. The Tokens are not intended to be a digital currency, security, commodity, or any kind of financial instrument.

Appears in 1 contract

Sources: Token Purchase Agreement