Payment of the Total Purchase Price. 3.1 BITMAIN’s BANK ACCOUNT info: Company Name: Bitmain Technologies Limited Company address: 1▇/▇., ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, 20 Pedder Street, Central, Hong Kong Account No.: 36807848057 Bank Code: 003 Bank name: Standard Chartered Bank (Hong Kong) Limited Bank address: Payment Centre, 1▇/▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, K▇▇▇ ▇▇▇▇, Kowloon, Hong Kong Swift Code: S▇▇▇▇▇▇▇▇▇▇ 3.2 The payment shall be arranged by the Purchaser as Appendix B. 3.3 Without prejudice to any provisions hereof, the Purchase Unit Price and the Total Purchase Price of the Products and any amount paid or payable by the Purchaser shall be denominated and paid in US Dollars (US$). Where the Parties agree that such payments shall be made in Digital Currency instead of US Dollars, the exchange rate between the US Dollars and the Digital Currency selected shall be determined by BITMAIN in its sole and absolute discretion. In the event that the Parties agree for the Purchaser to make payment under this Agreement in Digital Currency, Purchaser shall pay such amount of Digital Currency which, if converted into US$ using the spot rate at the time of such payment (the “Return Spot Rate”), would be no less than the amount that BITMAIN would receive in US$. The Return Spot Rate of any such Digital Currency shall be mutually agreed by the Parties in writing. Notwithstanding the above, BITMAIN shall have, at any time, the sole and absolute discretion to determine whether to accept a certain form of Fiat Currency, Digital Currency or other property instead of US Dollars for payment for any amount payable by the Purchaser under this Agreement. Unless otherwise agreed by B▇▇▇▇▇▇, in the event that the Parties agree for the Purchaser to make payment in Digital Currency, the designated Digital Currency shall be the USDT. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate. 3.4 The Purchaser is entitled to apply coupons issued by BITMAIN to pay the corresponding Total Purchase Price of each batch of Products under this Agreement, subject to the applicable terms and conditions of the purchase and use of coupon set forth by BITMAIN. For each Purchase Unit Price, a maximum of 30% of the Purchase Unit Price may be offset by coupons.
Appears in 1 contract
Payment of the Total Purchase Price. 3.1 BITMAINB▇▇▇▇▇▇’s BANK ACCOUNT info: Company Name: Bitmain Technologies Limited BITMAIN TECHNOLOGIES DELAWARE LIMITED Company addressAddress: 1▇/▇., ▇▇▇▇▇▇8▇▇ ▇▇▇▇▇, 20 Pedder Street, Central, Hong Kong Account No.: 36807848057 Bank Code: 003 Bank name: Standard Chartered Bank (Hong Kong) Limited Bank address: Payment Centre, 1▇/▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ , Suite 201, Dover, Delaware, DE 19904 Account Number: 6▇▇▇▇▇▇ Currency: USD Incoming Domestic (US) Wires: Beneficiary Bank: Titan Bank Beneficiary Bank ABA: 1▇▇▇▇▇▇▇▇ Beneficiary Bank Address: 1▇▇▇ ▇. ▇▇▇▇▇▇▇ Street, Mineral Wells, TX 76067 International Incoming Wires: Receiving Bank: TIB The Independent Bankers Bank Receiving Bank SWIFT Code: T▇▇▇▇▇▇▇ Receiving Bank Address: 1▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, K▇▇▇ ▇▇▇▇, Kowloon, Hong Kong Swift CodeFarmers Branch TX 75234 Beneficiary Bank: STitan Bank Beneficiary Bank ABA: 1▇▇▇▇▇▇▇▇ Beneficiary Bank Address: 1▇▇▇ ▇. ▇▇▇
▇▇▇▇ Street, Mineral Wells, TX 76067 3.2 The payment shall be arranged by the Purchaser as Appendix B.
3.3 Without prejudice to any provisions hereof, the Purchase Unit Price and the Total Purchase Price of the Products and any amount paid or payable by the Purchaser under this Agreement shall be denominated and paid by the Purchaser in US Dollars (US$). Where the Parties agree that such payments shall be made in Digital Currency instead of US Dollars, the exchange rate between the US Dollars and the Digital Currency selected shall be determined by BITMAIN in its sole and absolute discretion. In the event that the Parties agree for that the Purchaser to may make payment under this Agreement in Digital Currency, Purchaser shall pay such unless otherwise explicitly specified herein, the amount of the Digital v1.0.0.20231008 (Antminer S21 -US) Currency whichpayable by the Purchaser, if converted into in US$ using the spot rate at the time of such payment (the “Return Spot Rate”), would shall be no less than the amount that BITMAIN would receive in US$. The Return Spot Rate of any such Digital Currency shall be mutually agreed determined by the Parties in writing. Notwithstanding the above, BITMAIN shall have, at any time, the sole and absolute discretion to determine whether to accept a certain form of Fiat Currency, Digital Currency or other property instead of US Dollars for payment for any amount payable by the Purchaser under this AgreementBITMAIN. Unless otherwise agreed by B▇▇▇▇▇▇BITMAIN, in the event that where the Parties agree for that the Purchaser to may make payment under this Agreement in Digital Currency, the designated Digital Currency shall be the USDT. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate.
3.4 The Purchaser is entitled to apply coupons issued by BITMAIN to pay the corresponding Total Purchase Price of each batch of Products under this AgreementAgreement (exclusive of the Forward Deliverables contemplated in Appendix C), subject to the applicable terms and conditions of the purchase and the prevailing coupon use policy of coupon set forth by BITMAIN. For each Purchase Unit Price, a maximum of 30% of the Purchase Unit Price may be offset by coupons.
Appears in 1 contract
Sources: Sales Contracts (Cleanspark, Inc.)
Payment of the Total Purchase Price. 3.1 BITMAINB▇▇▇▇▇▇’s BANK ACCOUNT info: Company Name: Bitmain Technologies Delaware Limited Company addressAddress: 1▇/▇., ▇▇▇▇▇▇8▇▇ ▇▇▇▇▇, 20 Pedder Street, Central, Hong Kong Account No.: 36807848057 Bank Code: 003 Bank name: Standard Chartered Bank (Hong Kong) Limited Bank address: Payment Centre, 1▇/▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇ RoadSuite 201, K▇▇▇ ▇▇▇▇Dover, KowloonDelaware, Hong Kong Swift DE 19904 Account Number: *** Currency: USD Beneficiary Bank: *** Beneficiary Bank ABA: *** Beneficiary Bank Address: *** Receiving Bank: *** Receiving Bank SWIFT Code: S▇▇▇▇▇▇▇▇▇▇*** Receiving Bank Address: *** Beneficiary Bank: *** Beneficiary Bank ABA: *** Beneficiary Bank Address: ***
3.2 The payment shall be arranged by the Purchaser as Appendix B.
3.3 Without prejudice to any provisions hereof, the Purchase Unit Price and the Total Purchase Price of the Products and any amount paid or payable by the Purchaser under this Agreement shall be denominated and paid by the Purchaser in US Dollars (US$). Where the Parties agree that such payments shall be made in Digital Currency instead of US Dollars, the exchange rate between the US Dollars and the Digital Currency selected shall be determined by BITMAIN in its sole and absolute discretion. In the event that the Parties agree for that the Purchaser to may make payment under this Agreement in Digital Currency, Purchaser shall pay such unless otherwise explicitly specified herein, the amount of the Digital Currency whichpayable by the Purchaser, if converted into in US$ using the spot rate at the time of such payment (the “Return Spot Rate”), would shall be no less than the amount that BITMAIN would receive in US$. The Return Spot Rate of any such Digital Currency shall be mutually agreed determined by the Parties in writing. Notwithstanding the above, BITMAIN shall have, at any time, the sole and absolute discretion to determine whether to accept a certain form of Fiat Currency, Digital Currency or other property instead of US Dollars for payment for any amount payable by the Purchaser under this AgreementBITMAIN. Unless otherwise agreed by B▇▇▇▇▇▇BITMAIN, in the event that where the Parties agree for that the Purchaser to may make payment under this Agreement in Digital Currency, the designated Digital Currency shall be the USDT. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate.
3.4 The . Down Payment 10% 10% of the Total Purchase Price of all batches of Products hereunder has been paid by the Purchaser is entitled through its affiliate, Cipher Mining Technologies Inc. (“CMTI”) on December 12, 2023 as “E▇▇▇▇▇▇ Money” for the Products, pursuant to apply coupons issued the Letter of Intent for Bulk Purchase entered by and between BITMAIN DEVELOPMENT PTE. LTD. (“BITMAIN DEVELOPMENT”) and CMTI, executed by CMTI on December 8, 2023 and by BITMAIN to pay DEVELOPMENT on December 12, 2023. Interim Payment 40% 40% of the corresponding Total Purchase Price of each batch of Products under this Agreement, subject shall be paid at least one hundred and eighty (180) days prior to the applicable terms and conditions first day of the purchase and use Shipping Period of coupon set forth by BITMAIN. For each Purchase Unit Price, a maximum such batch of 30Products Balance Payment 50% 50% of the Total Purchase Unit Price may of each batch of Products shall be offset by coupons.paid at least seven (7) days prior to the first day of the Shipping Period of such batch of Products
Appears in 1 contract
Sources: Sales Contracts (Cipher Mining Inc.)
Payment of the Total Purchase Price. 3.1 BITMAIN’s BANK ACCOUNT info: Company Name: Bitmain Technologies Delaware Limited Company address: 18▇/▇., ▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, 20 Pedder StreetSuite 201, CentralDover City, Hong Kong County of Kent, Delaware 19904 Account No.: 36807848057 [XXX] Bank Code: 003 Bank name: Standard Chartered Bank (Hong Kong) Limited Bank address: Payment Centre, 1▇/▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, K▇▇▇ ▇▇▇▇, Kowloon, Hong Kong Swift Code: S▇▇▇▇▇▇▇▇▇▇
3.2 The payment shall be arranged by the Purchaser as per Appendix B.
3.3 Without prejudice to any provisions hereof, the Purchase Unit Price and the Total Purchase Price of the Products and any amount paid or payable by the Purchaser shall be denominated and paid in US Dollars (US$). Where the Parties agree that such payments shall be made in Digital Currency instead of US Dollars, the exchange rate between the US Dollars and the Digital Currency selected shall be determined by BITMAIN in its sole and absolute discretion. In the event that the Parties agree for the Purchaser to make payment under this Agreement in Digital Currency, Purchaser shall pay such amount of Digital Currency which, if converted into US$ using the spot rate at the time of such payment (the “Return Spot Rate”), would be no less than the amount that BITMAIN would receive in US$. The Return Spot Rate of any such Digital Currency shall be mutually agreed by the Parties in writing. Notwithstanding the above, BITMAIN shall have, at any time, the sole and absolute discretion to determine whether to accept a certain form of Fiat Currency, Digital Currency or other property instead of US Dollars for payment for any amount payable by the Purchaser under this Agreement. Unless otherwise agreed by B▇▇▇▇▇▇, in the event that the Parties agree for the Purchaser to make payment in Digital Currency, the designated Digital Currency shall be the USDT. In any circumstance, the Purchaser shall not ask for any refund due to the change of exchange rate.
3.4 The Purchaser is entitled to apply coupons issued by BITMAIN to pay the corresponding Total Purchase Price of each batch of Products under this Agreement, subject to the applicable terms and conditions of the purchase and use of coupon set forth by BITMAIN. For each Purchase Unit Price, a maximum of 30% of the Purchase Unit Price may be offset by coupons.
Appears in 1 contract