Issue and Transfer Clause Samples

Issue and Transfer. 2.1 BetaCarbon will mint BCAU Tokens at the rate of 1,000 BCAU Tokens for every 1 ACCU BetaCarbon holds in a Registry Account for this purpose. Therefore, one BCAU Token will notionally represent 0.001 of an ACCU. 2.2 An ACCU represents one tonne of carbon dioxide equivalent (tCO2-e). This means that 1 BCAU Token is notionally backed by 1 kilogram of tCO2-e or 1,000 BCAU Tokens represents 1 tonne of tCO2-e. 2.3 BetaCarbon undertakes not to mint new BCAU Tokens if BetaCarbon does not hold a sufficient number of ACCUs to maintain the required ratio of BCAU Tokens to ACCUs. In such a case, before minting new BCAU Tokens, BetaCarbon undertakes to acquire further ACCUs and will release new BCAU Tokens in a quantity consistent with the ACCUs or derivatives over ACCUs acquired. 2.4 BetaCarbon has appointed the Custodian to hold all ACCUs purchased to meet the requirements contained in this Agreement in respect of minted BCAU Tokens in a Registry Account held in the Custodian’s name. In its capacity as custodian, the Custodian cannot effect transactions in respect of ACCUs held in the Custodian’s Registry Account, except to transfer the ACCUs back to BetaCarbon if they no longer nominally back BCAU Tokens. 2.5 BCAU Tokens are issued to a Token Holder in exchange for any fiat currency, coin, token, cryptocurrency, digital currency or digital asset that is listed on: 2.5.1 the Website from time to time that BetaCarbon accepts as payment in its absolute discretion; or 2.5.2 any cryptocurrency or digital asset exchange. 2.6 All transactions are final and cannot be reversed once the BCAU Token Smart Contract has been executed on the Ethereum blockchain. 2.7 The Token Holder acknowledges and agrees that: 2.7.1 BetaCarbon will issue BCAU Tokens to the Wallet address specified in the BCAU Token Smart Contract; 2.7.2 The Token Holder is solely responsible for specifying a correct, valid and current Wallet address; 2.7.3 BetaCarbon will not be responsible or liable if the Wallet address is incorrect, invalid or has expired; and 2.7.4 BetaCarbon will not be responsible or liable for BCAU Tokens once they have been transferred to the specified Wallet address.
View SourceView Similar (2)
Issue and Transfer. Taxes As at the Programme Date, no securities transfer tax or any Issue Price Notes may be issued on a fully paid and at their Nominal Amount or at a discount or premium to their Nominal Amount, as specified in the Applicable Pricing Supplement. Listing This Programme Memorandum has been registered with the JSE. Notes issued under the Programme may be listed on the Interest Rate Market of the JSE or on such other or additional Financial Exchange(s) as may be determined by the Issuer and the relevant Dealer(s), subject to all Applicable Laws. Unlisted Notes may also be issued under the Programme. Unlisted Notes are not regulated by the JSE. The Applicable Pricing Supplement will specify whether or not a Tranche of Notes will be listed and, if so, on which Financial Exchange(s). Maturities of Notes Such maturity(ies) as specified in the Applicable Pricing Supplement. The Notes are not subject to any minimum or maximum maturity. Notes Notes may comprise: Fixed Rate Notes Floating Rate Notes Zero Coupon Notes Other Notes Terms applicable to any other type of
View SourceView Similar (2)
Issue and Transfer. 2.1 BetaCarbon will mint Carbon Tokens at the rate of 1,000 Carbon Tokens for every 1 ACCU BetaCarbon holds in its Registry Account. Therefore, one Carbon Token will notionally represent 0.001 of an ACCU. 2.2 As an alternative to holding an ACCU in its Registry Account, BetaCarbon may instead hold derivatives over ACCUs, or any combination of ACCUs or derivatives over ACCUs, in sufficient numbers to back the Carbon Tokens at the required ratio. 2.3 An ACCU represents one tonne of carbon dioxide equivalent (tCO2-e). This means that 1 Carbon Token is notionally backed by 1 kilogram of tCO2-e or 1,000 Carbon Tokens represents 1 tonne of tCO2-e. 2.4 BetaCarbon undertakes not to mint new Carbon Tokens if BetaCarbon does not hold a sufficient number of ACCUs, derivatives over ACCUs or a combination thereof, to maintain the required ratio of Carbon Tokens to ACCUs. In such a case, before minting new Carbon Tokens, BetaCarbon undertakes to acquire further ACCUs, or derivatives over ACCUs and will release new Carbon Tokens in a quantity consistent with the ACCUs or derivatives over ACCUs acquired. 2.5 Carbon Tokens are issued to a Token Holder in exchange for any fiat currency, coin, token, cryptocurrency, digital currency or digital asset that is listed on: 2.5.1 the Website from time to time that BetaCarbon accepts as payment in its absolute discretion; or 2.5.2 any cryptocurrency or digital asset exchange. All transactions are final and cannot be reversed once the Carbon Token Smart Contract has been executed on the Ethereum blockchain 2.6 The Token Holder acknowledges and agrees that: 2.6.1 BetaCarbon will issue Carbon Tokens to the Wallet address specified in the Carbon Token Smart Contract; 2.6.2 The Token Holder is solely responsible for specifying a correct, valid and current Wallet address; 2.6.3 BetaCarbon will not be responsible or liable if the Wallet address is incorrect, invalid or has expired; and 2.6.4 BetaCarbon will not be responsible or liable for Carbon Tokens once they have been transferred to the specified Wallet address.
View Source
Issue and Transfer. 2.1 BetaCarbon will mint Australian Carbon Tokens (BCAU) at the rate of 1,000 Australian Carbon Tokens (BCAU) for every 1 ACCU BetaCarbon holds in a Registry Account for this purpose. Therefore, one Australian Carbon Token (BCAU) will notionally represent 0.001 of an ACCU. 2.2 An ACCU represents one tonne of carbon dioxide equivalent (tCO2-e). This means that 1 Australian Carbon Token (BCAU) is notionally backed by 1 kilogram of tCO2-e or 1,000 Australian Carbon Tokens (BCAU) represent 1 tonne of tCO2-e. 2.3 BetaCarbon undertakes not to mint new Australian Carbon Tokens (BCAU) if BetaCarbon does not hold a sufficient number of ACCUs to maintain the required ratio of Australian Carbon Tokens (BCAU) to ACCUs. In such a case, before minting new Australian Carbon Tokens (BCAU), BetaCarbon undertakes to acquire further ACCUs and will release new Australian Carbon Tokens (BCAU) in a quantity consistent with the ACCUs or derivatives over ACCUs acquired. 2.4 BetaCarbon has appointed the Custodian to hold all ACCUs purchased to meet the requirements contained in this Agreement in respect of minted Australian Carbon Tokens (BCAU) in a Registry Account held in the Custodian’s name. In its capacity as custodian, the Custodian cannot effect transactions in respect of ACCUs held in the Custodian’s Registry Account, except to transfer the ACCUs back to BetaCarbon if they no longer nominally back Australian Carbon Tokens (BCAU).
View Source
Issue and Transfer. The Units shall only be issued as fully paid and non-assessable Units. No Partner shall assign or transfer any of its Units except in accordance with the terms of this Agreement.
View Source
Issue and Transfer. 2.1 BetaCarbon will mint Australian Carbon Tokens (BCAU) at the rate of 1,000 Australian Carbon Tokens (BCAU) for every 1 ACCU BetaCarbon holds in a Registry Account for this purpose. Therefore, one Australian Carbon Token (BCAU) will notionally represent 0.001 of an ACCU. 2.2 An ACCU represents one tonne of carbon dioxide equivalent (tCO2-e). This means that 1 Australian Carbon Token (BCAU) is notionally backed by 1 kilogram of tCO2-e or 1,000 Australian Carbon Tokens (BCAU) represent 1 tonne of tCO2-e. 2.3 BetaCarbon undertakes not to mint new Australian Carbon Tokens (BCAU) if BetaCarbon does not hold a sufficient number of ACCUs to maintain the required ratio of Australian Carbon Tokens (BCAU) to ACCUs. In such a case, before minting new Australian Carbon Tokens (BCAU), BetaCarbon undertakes to acquire further ACCUs and will release new Australian Carbon Tokens (BCAU) in a quantity consistent with the ACCUs or derivatives over ACCUs acquired. 2.4 BetaCarbon has appointed the Australian Carbon Tokens (BCAU) by the Token Holder.
View Source

Related to Issue and Transfer

  • Exchange and Transfer Upon surrender at the corporate trust office of the Warrant Agent, Warrant Certificates evidencing Warrants may be exchanged for Warrant Certificates in other denominations evidencing such Warrants and the transfer of Warrants may be registered in whole or in part; provided that such other Warrant Certificates shall evidence the same aggregate number of Warrants as the Warrant Certificates surrendered for exchange or registration of transfer. The Warrant Agent shall keep, at its corporate trust office, books in which it shall register Warrant Certificates and exchanges and transfers of outstanding Warrant Certificates, upon surrender of the Warrant Certificates to the Warrant Agent at its corporate trust office for exchange or registration of transfer, properly completed and duly endorsed and duly signed by the registered holder or holders thereof or by the duly appointed legal representative thereof or by a duly authorized attorney, such signature to be guaranteed (under the Medallion Program) by (a) a bank or trust company, (b) a broker or dealer that is a member of the NASD or (c) a member of a national securities exchange and accompanied by appropriate instruments of registration of transfer and written instructions for transfer, all in form satisfactory to the Company and the Warrant Agent. No service charge shall be made for any exchange or registration of transfer of Warrant Certificates, but the Company may require payment of a sum sufficient to cover any stamp or other tax or other governmental charge that may be imposed in connection with any such exchange or registration of transfer. Whenever any Warrant Certificates are surrendered for exchange or registration of transfer, an authorized officer of the Warrant Agent shall mutually countersign and deliver to the person or persons entitled thereto a Warrant Certificate or Warrant Certificate duly authorized and executed by the Company, as so requested. The Warrant Agent shall not be required to effect any exchange or registration of transfer that will result in the issuance of a Warrant Certificate evidencing a fraction of a Warrant or a number of full Warrants and a fraction of a Warrant. All Warrant Certificates issued upon any exchange or registration of transfer of Warrant Certificates shall be the valid obligations of the Company, evidencing the same obligations and entitled to the same benefits under this Agreement as the Warrant Certificates surrendered for such exchange or registration of transfer.

  • Payment and Transfer Unless otherwise mutually agreed, all transfers of funds hereunder shall be in immediately available funds. All Securities transferred by one party hereto to the other party (i) shall be in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the party receiving possession may reasonably request, (ii) shall be transferred on the book-entry system of a Federal Reserve Bank, or (iii) shall be transferred by any other method mutually acceptable to Seller and Buyer.

  • Registration and Transfer (a) The Fiscal Agent shall maintain, as agent of Issuer for the purpose, at its office in [name of location], a register (i) registering and maintaining a record of the aggregate holdings of all DTC Global Securities and the International Global Security, (ii) registering transfers between holders of the Global Securities, (iii) registering and maintaining a record of the aggregate holdings of all definitive registered Securities, (iv) registering transfers between holders of the definitive registered Securities and (v) registering and maintaining a record of any further issues of Securities pursuant to Section 9 of this Agreement and any subsequent transfers thereof. In addition, the Fiscal Agent will (i) maintain and promptly update the respective Schedules to the DTC Global Securities and the International Global Security, and (ii) ensure that the sum of the respective aggregate principal amounts shown by the latest entry in the respective Schedules to the DTC Global Securities and the International Global Security does not exceed [currency; amount], plus the aggregate principal amount of any additional Securities issued by Issuer in accordance with Section 9 of this Agreement, at any one time. Upon presentation for the purpose at the said office of the Fiscal Agent of any Security duly endorsed by, or accompanied by delivery of a written instrument of transfer in form approved by the Fiscal Agent duly executed by, the registered holder of the Security, or the registered holder’s attorney thereunto duly authorized in writing, such Security shall be transferred upon such register and a new Security, bearing the guarantee of Japan in the form herein provided for, shall be authenticated and delivered in the name of the transferee. Transfers and exchanges of Securities shall be subject to such reasonable regulations as may be prescribed by Issuer. Upon presentation for transfer or exchange of any Security in definitive form at any office of any transfer agent accompanied by a written instrument of transfer in a form approved by the Fiscal Agent duly executed by the registered holder or such registered holder’s attorney duly authorized in writing, such Security and written instrument shall be forwarded to the office of the Fiscal Agent. In addition, any transfer agent shall provide to Fiscal Agent such information as the Fiscal Agent may reasonably require in connection with the delivery by such transfer agent of Securities in the definitive form in exchange for other Securities. (b) When book-entry interests in Securities are to be transferred from the account of a DTC participant holding a beneficial interest in a DTC Global Security to the account of a Euroclear or Clearstream, Luxembourg accountholder wishing to purchase a beneficial interest in an International Global Security, on the settlement date, the custodian of the DTC Global Security, initially [NAME OF DTC CUSTODIAN], will instruct the Fiscal Agent to: • decrease the amount of Securities registered in the name of the nominee of DTC and evidenced by the DTC Global Securities; and • increase the amount of Securities registered in the name of the nominee of the common depositary for Euroclear and Clearstream, Luxembourg, and evidenced by the International Global Security. Book-entry interests will be delivered free of payment to Euroclear or Clearstream, Luxembourg as the case may be, for credit to the relevant accountholder on the first business day following the settlement date. (c) When book-entry interests in the Securities are to be transferred from the account of a Euroclear or Clearstream, Luxembourg accountholder to the account of a DTC participant wishing to purchase a beneficial interest in a DTC Global Security, on the settlement date, the common depositary for Euroclear and Clearstream, Luxembourg, initially [NAME OF COMMON DEPOSITORY], will: • transmit appropriate instructions to the custodian of the DTC Global Security, initially [NAME OF DTC CUSTODIAN], who will in turn deliver such book-entry interests free of payment to the relevant account of the DTC participants; and • instruct the Fiscal Agent to: • decrease the amount of Securities registered in the name of the nominee of the common depositary for Euroclear and Clearstream, Luxembourg, and evidenced by the International Global Security; and • increase the amount of Securities registered in the name of the nominee of DTC and evidenced by the DTC Global Securities.

  • PROMOTION AND TRANSFER 9:1 Employees may file requests, in writing, for promotion to the Working ▇▇▇▇▇▇▇ classification or for a Employees may file requests, in writing, for promotion to the Working ▇▇▇▇▇▇▇ classification or for a transfer to a new location in their present classification with the Office of the Company. Whenever a vacancy occurs, the Company will, before filling such vacancy, first give consideration to such requests and the following factors being sufficient give preference on the basis of seniority. (a) Company shall give consideration to applications for promotion and transfer to vacancies on the basis of seniority, ability, licenses, disciplinary history within the previous nine (9) months and qualifications. 9:2 Requests for promotion or transfer shall expire at the end of six (6) months from the time of receipt by Company unless the Company has within the six (6) month period, received a request for extension. If such request for promotion or transfer is offered and the employee refuses, the request becomes null and void and he/she shall resubmit his/her request no sooner than six (6) months after the original request. 9:3 Company may either promote a lower classification or transfer an employee in the same classification, if a job is not filled under Section 9:1. 9:4 Whenever a temporary vacancy occurs in any job classification, the Company may fill it by appointment. If practicable, the Company shall fill such vacancy with the senior qualified employee in the next lower classification within the headquarters. Temporary vacancies shall be those vacancies caused by the absence of an employee due to industrial injury, leave of absence, vacation or sick leave and additional jobs which the Company contemplates will be of ninety (90) days’ duration or less. 9:5 Whenever the Company establishes a new headquarters or additional crews, employees within that geographical division shall be notified a sufficient time in advance to enable them to file a request for transfer or promotion to the new headquarters or crew. The Supervisor in the geographical area will notify the area Business Representative of new crew locations. 9:6 Employees who accept a promotion to a new headquarters will indicate in writing that he understands that acceptance of the promotion establishes him in a new permanent headquarters without lodging.

  • Succession and Transfer Each and all of the provisions of this Agreement are binding upon and inure to the benefit of the Company and the Recipient and their permitted successors, assigns and legal representatives.