Call Purchase Fee Sample Clauses

Call Purchase Fee. The Purchaser shall pay BITMAIN an amount of US$37,440,000 as the consideration of the Call Option ("Call Purchase Fee"), which is calculated as 10% of the Call Purchase Price. To date, the Purchaser has already paid an amount of US$32,000,000 towards the Call Purchase Fee. The remaining balance of US$5,440,000 shall be payable within seven (7) days after the execution of this Supplemental Agreement.
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Call Purchase Fee. The Purchaser shall pay BITMAIN an amount of US$32,000,000 as the consideration of the Call Option (“Call Purchase Fee”), which is calculated as 10% of the Call Purchase Price, within seven (7) days after the execution of this Agreement. In the event the Purchaser exercises the Call Option in whole, the Call Purchase Fee shall be applied in whole towards the settlement of the Down Payment of the Call Purchase Price. In the event that the Purchaser only exercises Call Option in part at the end of the Call Option Period, the Call Purchase Fee corresponding to the proportion of the quantity to be purchased by the Purchaser to 100,000 units shall be applied by the Purchaser to settle the total purchase price of Forward Deliverables, while the remaining proportion of the Call Purchase Fee shall be forfeited to BITMAIN. To further clarify, upon exercise of the Call Option the Purchaser shall be obligated to pay the corresponding proportionate amount of the Call Purchase Price associated with the exercise of the Call Option less the corresponding proportionate amount of the Call Purchase Fee already paid to BITMAIN, according to the schedule of payment as follows: Payment Payment Percentage Payment Date Down Payment 20% 20% of the total purchase price of Forward Deliverables shall be paid by the Purchaser within seven (7) days after the delivery of the Notice of Exercise. For the avoidance of doubt, the Call Purchase Fee is part of the Down Payment and shall be paid by the v1.0.0.20231008 (Antminer S21 -US) 26 / =NUMPAGES29-128 Purchaser within seven (7) days after the execution of this Agreement Interim Payment 30% 40% of the total purchase price of Forward Deliverables shall be paid at least three (3) months prior to the first day of the Shipping Period of Call Purchase (as defined below) of such batch of Forward Deliverables Balance Payment 50% 50% of the Call Purchase Price of each batch of Forward Deliverables shall be paid at least one (1) month prior to the first day of the Shipping Period of Call Purchase of such batch of Forward Deliverables

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