GFC Sample Clauses

GFC. (a) confirms, warrants and undertakes that it is acquiring the GFC Shares on its own behalf for investment purposes and not re-sale;
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GFC. The Company assumes no liability whatsoever for the success of the Initial Coin Offering or the achievement of the targeted listing price. The Lessee expressly acknowledges the foregoing. The reward structure is structured as follows: Block Amount Reward Masternode per Block Daily Output (Masternodes) Quantity of Days from Genesis (1st) Block Until 25,000 200.00 GFC 144,000.00 GFC 21 Days Until 30,000 160.00 GFC 115,200.00 GFC 42 Days Until 50,000 120.00 GFC 86,400.00 GFC 69 Days Until 100,000 100.00 GFC 72,000.00 GFC 139 Days Masternode leases are awarded according to the "first come - first serve" principle. The total daily rewards are to be divided by the amount of the pre-active nodes. The daily rewards depend on the so-called block time of blockchain. This blocktime shall be fixed for 2 (two) minutes. However, the blocktime can slightly vary depending on the transfer volume (+/- 20%); therefore, this information is to be understood as an GO-FUND MANAGEMENT & FINANCING LTD. | 00 Xxxxxxxxx Xxxxxx, Office 101 | 0000 Xxxxxxx, Xxxxxx| xxx.xx-xxxx-xxx.xxx | xxxxxx@xx-xxxx-xxx.xxx approximate value or as a guideline. The calculated scenario of the Masternode Rewards is specified on the following page. The Company assumes no liability for the success of the ITO or for reaching the indicated approximate values due to technical problems of any kind, fault of any third- parties or negligence. The Lessee expressly acknowledges the foregoing. Masternode Reward calculation This table establishes the terms and conditions for awarding the Masternodes Rewards to the Lessee. Depending on the date that the Lessee decides to lease the Masternode from GO-FUND, the Lessee shall receive the amount of GFCs mentioned in the “Reward MN bought today” column which corresponds to that date. The Lessee hereby acknowledges and accepts the calculation for awarding Masternode Rewards and understands that the amount of Nodes running in a corresponding date directly affects and influences on the amount of Reward per Node. The Lessee or any person interested in renting Masternodes according to the terms of this Agreement will be able to do so up to and including February 22th, 2019. Moreover, the leased Masternodes will run from the date that the Lessee decides to start with the lease of Masternodes, until April 14th, 2019. GO-FUND MANAGEMENT & FINANCING LTD. | 00 Xxxxxxxxx Xxxxxx, Office 101 | 0000 Xxxxxxx, Xxxxxx| xxx.xx-xxxx-xxx.xxx | xxxxxx@xx-xxxx-xxx.xxx Masternode Calculator Date...
Sample 1
GFC. GFC represents and warrants to Management that HI owns, beneficially and of record, all of the Class A Common Stock of GFC, free and clear of any Liens and GFC owns, beneficially and of record, directly or indirectly, all of the outstanding capital stock of each of the GFC Subsidiaries and the Gruntal & Co Subsidiaries, free and clear of any Liens.
Sample 1
GFC. SCHEDULE TO LOAN AND SECURITY AGREEMENT BORROWER: PROCOM TECHNOLOGY, INC. ADDRESS: 2181 XXXXXX XXXXX XXXXXX, XXXXXXXXXX 00000 XATE: NOVEMBER 18, 1994 This Schedule forms an integral part of the Loan and Security Agreement between the above Borrower and Greyhound Financial Corporation dated the above date, and all references herein and therein to "this Agreement" shall be deemed to refer to said Agreement and to this Schedule. TOTAL FACILITY (SECTION 1.1): $9,000,000.00 (the "Total Facility")
Sample 1
GFC is willing to pay all of the premiums due on a life insurance policy insuring Employee's life subject to the terms and conditions set forth herein.
Sample 1

Related to GFC

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Special Purpose Entity/Separateness (a) Until the Debt has been paid in full, Borrower hereby represents, warrants and covenants that the Borrower is, shall be and shall continue to be a Special Purpose Entity. If Borrower consists of more than one Person, each such Person shall be a Special Purpose Entity.

  • Single Purpose Entity/Separateness Borrower represents, warrants and covenants as follows:

  • Purchasing Entities This Participating Addendum may be used by (a) all departments, offices, institutions, and other agencies of the State of Vermont and counties (each a “State Purchaser”) according to the process for ordering and other restrictions applicable to State Purchasers set forth herein; and (b) political subdivisions of the State of Vermont and any institution of higher education chartered in Vermont and accredited or holding a certificate of approval from the State Board of Education as authorized under 29 V.S.A. § 902 (each an “Additional Purchaser”). Issues concerning interpretation and eligibility for participation are solely within the authority of the State of Vermont Chief Procurement Officer. The State of Vermont and its officers and employees shall have no responsibility or liability for Additional Purchasers. Each Additional Purchaser is to make its own determination whether this Participating Addendum and the Master Agreement are consistent with its procurement policies and regulations. ATTACHMENT B – PAYMENT PROVISIONS The maximum dollar amount payable under this contract is not intended as any form of a guaranteed amount. The Contractor will be paid for products actually delivered or performed, as specified in Attachment A, up to the maximum allowable amount specified on page 1 of this contract.

  • Acquisition Corp Acquisition Corp. is a wholly-owned Delaware subsidiary of Parent that was formed specifically for the purpose of the Merger and that has not conducted any business or acquired any property, and will not conduct any business or acquire any property prior to the Closing Date, except in preparation for and otherwise in connection with the transactions contemplated by the Merger Documents and the other agreements to be made pursuant to or in connection with the Merger Documents.

  • Mixed and Shared Funding 11 5.1 General.....................................................11 5.2 Disinterested Directors.....................................12 5.3 Monitoring for Material Irreconcilable Conflicts............12 5.4

  • Operating Partnership Operating Partnership shall have the meaning set forth in the preamble of this Agreement.

  • Subsidiaries; Equity Interests; Loan Parties (a) Subsidiaries, Joint Ventures, Partnerships and Equity Investments. Set forth on Schedule 5.20(a), is the following information which is true and complete in all respects as of the Closing Date and as of the last date such Schedule was required to be updated in accordance with Sections 6.02 and/or 6.13: (i) a complete and accurate list of all Subsidiaries, joint ventures and partnerships and other equity investments of the Loan Parties as of the Closing Date and as of the last date such Schedule was required to be updated in accordance with Sections 6.02 and/or 6.13, (ii) the number of shares of each class of Equity Interests in each Subsidiary outstanding, (iii) the number and percentage of outstanding shares of each class of Equity Interests owned by the Loan Parties and their Subsidiaries and (iv) the class or nature of such Equity Interests (i.e. voting, non-voting, preferred, etc.). The outstanding Equity Interests in all Subsidiaries are validly issued, fully paid and non-assessable and are owned free and clear of all Liens. There are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments (other than stock options granted to employees or directors and directors’ qualifying shares) of any nature relating to the Equity Interests of any Loan Party or any Subsidiary thereof, except as contemplated in connection with the Loan Documents.

  • The Guarantor The Guarantor is hereby made a party to the Indenture.

  • Selling Stockholders’ Documents On the date hereof, the Company and the Selling Stockholders shall have furnished for review by the Representatives copies of the Powers of Attorney and Custody Agreements executed by each of the Selling Stockholders and such further information, certificates and documents as the Representatives may reasonably request.

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