Common use of Reservation of Tokens Clause in Contracts

Reservation of Tokens. For the avoidance of doubt, it is hereby clarified that the Company reserves the right, at its sole discretion, to sell or grant additional Tokens to any third party. Purchaser will have no claim, and hereby irrevocably waives any claim, against the Company and anyone on its behalf, if the Company sells or grants Tokens to any third party. Without derogating from the foregoing, Purchaser will have no claim (i) regarding the price per Token sold or granted by the Company to any third party or any other term of such sale or grant, (ii) the total number of Tokens sold or granted by the Company prior or post to the sale hereunder, (iii) the market value, if any, of Tokens prior or post to the sale hereunder, (iv) the ability to use the Tokens prior or post to the sale hereunder, or (v) any other claim regarding the purchase of Tokens or the possibility to make any use thereof.

Appears in 2 contracts

Sources: Token Sale Agreement, Token Sale Agreement

Reservation of Tokens. For the avoidance of doubt, it is hereby clarified that the Company reserves the right, at its sole discretion, to sell or grant additional Tokens to any third party. Purchaser Buyer will have no claim, and hereby irrevocably waives any claim, against the Company and anyone on its behalf, if the Company sells or grants Tokens to any third party. Without derogating from the foregoing, Purchaser Buyer will have no claim (i) regarding the price per Token sold or granted by the Company to any third party or any other term of such sale or grant, (ii) the total number of Tokens sold or granted by the Company prior or post to the sale hereunder, (iii) the market value, if any, of Tokens prior or post to the sale hereunder, (iv) the ability to use the Tokens prior or post to the sale hereunder, or (v) any other claim regarding the purchase of Tokens or the possibility to make any use thereof.

Appears in 1 contract

Sources: Token Sale Agreement