Token Amount definition
Token Amount means the amount listed under “Token Amount” on the first page of this Agreement, calculated as the Purchase divided by the Issue Price.
Token Amount means the amount listed under “Token Amount” on the first page of this Agreement, calculated as the Purchase divided by the Issue Price. “Token Distribution Event” means the date on which the Token Issuer will provide Tokens to the Purchaser under this Agreement. The timing of the Token Distribution Event will be determined at the sole discretion of the Token Issuer; provided, however, that if the Tokens are not delivered by the date of the expiration of the Distribution Compliance Period, the Token Distribution Event shall be no later than 10 days after the expiration of the Distribution Compliance Period (the “Token Distribution Deadline”), subject to Section 2(b). The Token Issuer will provide 21 days’ notice prior to the Token Distribution Event. “Token Issuer” shall have the meaning given to it in the opening paragraph of this document. “Tokens” shall have the meaning provided in the opening paragraph of this document. For the avoidance of doubt, the meaning shall be inclusive of the singular form, “Token.” “Use Restriction” means the general prohibition on the Purchaser’s ability to sell, transfer, spend, exchange or otherwise make use of the Tokens on the Blockstack Network. 2
Token Amount. A Candidate can book a seat in the upcoming batch by paying a token amount of INR 10,000 and the seat will be confirmed in a batch only if the candidate makes token payment . If the candidate fails to do so, we cannot guarantee the seat in that batch.
Examples of Token Amount in a sentence
On the First Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, an aggregate of $11,000,000 in principal amount of the Debentures and Rights to purchase Tokens in an amount equal to the applicable Token Amount.
More Definitions of Token Amount
Token Amount means, with respect to any given Right or Rights, as applicable, such aggregate Right Number (as defined in such applicable Right or Rights) of Tokens underlying such Right or Rights, as applicable, issued at any given Closing hereunder.