Token Sale Clause Samples

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Token Sale. 3.1. The Etalonium MODL token sale will be conducted on the platform of ▇▇▇▇▇▇▇▇.▇▇. Before taking any participation in the Etalonium MODL token sale (purchase) YOU SHOULD CAREFULLY AND COMPLETELY READ ALL TERMS REGARDING THE USAGE OF THE ▇▇▇▇.▇▇▇ PLATFORM AND/OR ANY PART OF IT (available at ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇/). The Company is not liable for your usage of the ▇▇▇▇▇▇▇▇.▇▇ platform's capabilities and any risks and consequences directly related to your usage of the ▇▇▇▇▇▇▇▇.▇▇ exchange platform. 3.2. Before taking any participation in the Etalonium MODL token sale (purchase) You should carefully and completely read and agree to all terms of Our Token Purchase Agreement (available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇/img/documents/tok_pur_agr_eta.pdf). 3.3. Before taking any participation in the Etalonium MODL token sale (purchase) You should fully agree that the purchase of the Tokens: (a) does not provide the buyer with rights of any form with respect to the Company or its revenues or assets, including, but not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights; (b) is not a loan to the Company; (c) does not provide the buyer with any ownership or other interest in the Company. 3.4. The sale of the Tokens and the Tokens themselves are not securities, commodities, swaps on either securities or commodities, or a financial instrument of any kind. Purchases and sales of the Tokens are not subject to the protections of any laws governing those types of financial instruments. This Agreement and all other documents referred to in this Agreement including the White Paper do not constitute a prospectus or offering document, and are not an offer to sell, nor the solicitation of an offer to buy an investment, a security, commodity, or a swap on either a security or commodity. 3.5. You should not participate in the Token distribution or purchase the Tokens for investment purposes. THE TOKENS ARE NOT DESIGNED FOR INVESTMENT PURPOSES AND SHOULD NOT BE CONSIDERED AS A TYPE OF INVESTMENT. The User acknowledges and agrees that the User is not purchasing the Tokens for purposes of investment, speculation, as some type of arbitrage strategy, for immediate resale or other financial purposes, but rather as the permission (the right) to use the Etalonium project ecosystem.
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Token Sale. 8.1. The Company intends to issue such maximum number of 2,000,000,000 GROOVEUP Tokens as specified in the Tokenomics Sheet. 8.2. Such number of GROOVEUP Tokens as are specified in the To- kenomics Sheet will be made available for the Token Sale (“Available To- kens”) initially, provided that the Company may in its discretion make available additional Tokens for sale, in which case “Available Tokens” when used in these Terms, shall, where the context requires, be deemed to include such additional Tokens from time to time made available for sale by the Company. 8.3. The Company may conduct one or more Token Sales commencing from January 2022, until the Available Tokens are fully sold.
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Token Sale. In consideration of it or its Affiliates’ participation in the Project, the Company or its Nominated Entity will issue a number of ELFIN Tokens equal to _ to the Purchaser at a price of $0.08 USD per ELFIN Token (“Total Granted ELFIN Token”). The performance by the Nominated Entity of the obligations of the Company under this SAFT will duly discharge the Company from the obligations to the Purchaser. In connection with the issuance of ELFIN Tokens by the Company or its Nominated Entity to the Purchaser pursuant to this Section 1(a):
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Token Sale. In the event that the Company or any Nominated Entity completes a Qualifying Token Sale before the expiration or termination of this SAFT, the Company will automatically issue to the Purchaser, or will take all reasonable steps to procure that the Nominated Entity promptly issues to the Purchaser, as applicable, a number of Tokens based on the Purchase Amount, at the rate of 9,000 Tokens per one ETH.. The total supply of Tokens will be fixed in accordance with the terms set forth on Exhibit A of this SAFT, entitled “Coral Health Token Supply”. If the Company elects to complete the Qualifying Token Sale using a Nominated Entity, it will inform the Purchaser in writing prior to the Qualifying Token Sale. The performance by the Nominated Entity of the obligations of the Company under this SAFT will satisfy and fully discharge the obligations of the Company to the Purchaser under this SAFT. In connection with, as a condition to, and prior to the issuance of Tokens by the Company to the Purchaser pursuant to this Section 1(a): (i) the Purchaser will execute and deliver to the Company all transaction documents related to the Qualifying Token Sale, including, without limitation, any terms and conditions of the Qualifying Token Sale, any terms of use or end user license agreement applicable to the Coral Health Platform, and any other documents required pursuant to Securities Rules, as determined by the Company; and (ii) The Purchaser will deliver payment of the Purchase Amount upon execution of this SAFT.
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Token Sale aquisition of Tokens by Purchaser from Token Generator; includes the Pre-Sale and the General Availability Sale;
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Token Sale. In the event that the Company or any Nominated Entity operates a Qualifying Token Sale, the Company will automatically issue to the Purchaser, or will take all reasonable steps to procure that the Nominated Entity promptly issues to the Purchaser, a number of Tokens equal to the Purchase Amount divided by the Discount Rate (the Purchaser Tokens ). If the Qualifying Token Sale is offered at different prices depending on the time at which Tokens are purchased, the Purchase Amount will be considered to have been at the most advantageous rate publicly marketed. If the Company elects to operate the Qualifying Token Sale using a Nominated Entity, it will inform the Purchaser in writing. The performance by the Nominated Entity of the obligations of the Company under this agreement will duly discharge the obligations of the Company to the Purchaser.
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Token Sale. 9.1 In order to increase the fund and run a marketing campaign ▇▇▇▇▇.▇▇ is planning to conduct a Token sale (“Initial Coin Offering”, “ICO”) starting on September 15th 2017. In addition, ▇▇▇▇▇.▇▇ may or may not offer Tokens pre-ICO, for limited time and volume. 9.2 By transferring Bitcoin (BTC) or other supported crypto currencies to the ▇▇▇▇▇.▇▇ address in exchange for PCO Tokens, the Purchaser confirms to understand and accept that he/she makes a contribution into a ▇▇▇▇▇.▇▇ System for the development of the project, as described in the ▇▇▇▇▇.▇▇ Whitepaper, available at the ▇▇▇▇▇://▇▇▇▇▇.▇▇ website. 9.3 The Purchaser understands and accepts that while the individuals and entities, including ▇▇▇▇▇.▇▇, assigned to this task will make reasonable efforts to develop the ▇▇▇▇▇.▇▇ System, it is possible that such development may fail or become useless, and purchaser’s PCO Tokens become useless and/or valueless due to technical, commercial, regulatory or any other reasons. 9.4 The Purchaser understands that there are serious risks connected with buying cryptocurrency, such as heavy fluctuations of virtual or actual currency values, which in turn may lead to total loss of currency over short or long periods. 9.5 The Purchaser acknowledges and understands that the Tokens have no warranty whatsoever, expressed or implied, to the extent permitted by Applicable Law and accordingly that Tokens are purchased on an "as is" basis. 9.6 The Purchaser also understands that ▇▇▇▇▇.▇▇ will not provide any refund of the purchase price for Tokens under any circumstance. 9.7 The Purchaser further agrees to accept sole and exclusive risk for the purchase of Tokens through the ▇▇▇▇▇.▇▇ Service. The Purchaser recognizes that the ▇▇▇▇▇.▇▇ Platform is currently being developed and may undergo significant technical and functional changes before release. 9.8 In order to reduce the possibility of fraud, phishing attempts and other schemes perpetrated by malicious third parties, the Purchaser agrees not to respond directly to any inquiry regarding its purchase of Tokens, including but not limited to email requests purportedly coming from ▇▇▇▇▇.▇▇. The Purchaser understands that ▇▇▇▇▇.▇▇ may send the Purchaser emails from time-to-time, but these email notices will never ask for information or require a response from the Purchaser. 9.9 The Purchaser recognizes that ▇▇▇▇▇.▇▇ does not warrant the period of time for which the ▇▇▇▇▇.▇▇ Service will be operational. ▇▇▇▇▇.▇▇ for a number of reaso...
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Related to Token Sale

  • Alcoholic Beverages Costs of alcoholic beverages are unallowable.

  • Sale 10% Of Successful Bid Price a. The Purchaser (except where the Assignee is bidding) shall as soon as practicable and within THREE (3) Working Days after the fall of the hammer and sign a form of contract (referred to as “the Memorandum”) at the foot of these Conditions of Sale and on the same day deposit with the Auctioneer the difference between the amount paid pursuant to Clause 6.e above and the sum equivalent to 10% of the successful bid price either via a bank draft or cashier’s order crossed “A/C PAYEE ONLY” made payable to HONG ▇▇▇▇▇ BANK BERHAD/EZAIREEN BIN TURIS or remit the same through online banking transfer to the bank account designated by the Auctioneer, as payment of deposit and towards part payment of the purchase price. For the avoidance of doubt, the Purchaser is required to attend to the Auctioneer’s office at to sign the Memorandum within 3 Working Days after the fall of the hammer. The amount of the bank draft or cashier’s order shall include any commission/charge levied by the issuing bank and outstation clearing charges which shall be borne by the Purchaser, failing which the deficiency shall be recoverable from the Purchaser. The sums paid by the Purchaser under Clause 6.e and this Clause herein (collectively referred to as “the Deposit”) shall be held by the Assignee subject to the provisions of these Conditions of Sale. b. The Auctioneer reserves the right to hold the Memorandum and not deliver the same to the Purchaser until all payments for the actual deposit are received. c. In default of: (i) execution of the Memorandum by the Purchaser; and (ii) payment of the difference between the initial deposit and the sum equivalent to 10% of the successful bid price no later than 3 working days from the date of the auction sale by the Purchaser; the Assignee is at liberty to forfeit all such sums paid by the Purchaser and put the Property up for auction again and clause 11 below shall be applicable.