Token Clause Samples

Token. Token is a timely limited (24 hours starting from the first use) pay-per-use License which is sold to Customer. The Customer acquires a pool of Tokens and by starting the use of them they will be automatically deducted from it. Those Licenses guarantee the same rights on coolOrange’s Licensed Material granted by a Subscription License limited to 24 hours after starting those use. If no Tokens are left and no new Tokens are acquired within 10 days, the Licensed Material can no longer be Used. For any 24 hours segment of usage of coolOrange’s Licensed Materials without Tokens one Token will be charged on the next purchase. ACTIVATION CODES

Token. (i) Application for Token a) Application In order to initiate or cancel any Transaction or give any Instruction or set up internal approval procedures for any and all Transactions or Instructions, the Customer shall, by way of duly completing applicable application form(s), apply for Token(s) which can be used by the Authorized Person(s). Fees and expenses in connection with the Customer’s application for the Token(s) shall be for the account of the Customer unless otherwise agreed by the Bank, and the Bank is authorized by the Customer to debit the Customer’s Account(s) for the aforesaid fees and expenses. b) Joint Account and Joint Token In case an account owned by more than one person (“Joint Account”), each such person may have a separate Token (“Separate Token”) to initiate or cancel any Transaction or give any Instruction, or all of such persons may use one Token (“Joint Token”) to initiate or cancel any Transaction or give any Instruction. Each owner of a Joint Account shall agree to accept and shall be held liable for any and all Transactions or Instructions made with either a Separate Token or a Joint Token. c) Delivery of Log-in Password(s) and Token(s) Unless otherwise requested by the Customer, the log-in password and Token(s) shall be delivered by courier service to the Customer or to the Authorized Person at the address provided by the Customer in applicable application form(s) completed by the Customer, and as long as the log-in password and Token(s) are delivered to the aforesaid address or to the person otherwise designated by the Customer, the Bank shall not be held liable for any use of the log-in password or Token(s) by person(s) other than the Authorized Person(s). The Customer shall properly keep the log-in password and Token(s) and shall allow only the Authorized Person(s) to have access to and use the same. (ii) Acceptance by Customer(s) of Transaction(s) or Instruction(s) It is fully acknowledged and agreed by the Customer that any Instruction(s) certified with the Customer’s Token(s) shall be deemed as a valid Instruction of the Customer given by the Customer’s Authorized Person(s) pursuant hereto. If any Transaction or Instruction is made or given by the Authorized Person(s) of the Customer pursuant hereto, the Customer shall be legally bound by such Transaction or Instruction and shall duly accept, perform or discharge such Transaction or Instruction, and shall in no event make protests in any respect for any reason. (iii) Loss ...

Token. Particulars Details

Token. 2.1. Name: Equation Unit. 2.2. Symbol: EU. 2.3. Units: Limited by Investment Subscription. 0x940ce64a3d0e08d101598d29eeba2cb6707bcbbb 2.4. Contract Address: 2.5. Valuation Capital moves in and out of Equation in the form of subscriptions and redemptions. Each investor gets a specified number of Units or Tokens in proportion to their capital investment, and they are free to sell (redeem the value of) their Fund Units at a later date and collect the principle with a profit/loss, if any. As Subscriptions and Redemptions can occur frequently, a mechanism is required to price the Units of the fund. This pricing mechanism is based on NAV (Net Asset Value); ergo, when Equation's NAVPT (Net Asset Value Per Token) updates, so does its redeemable value. The Net Asset Value (NAV) of the fund represents the book value of the fund at a specific time (Normally, at the end of every Phase). The Net Asset Value per Token (NAVPT) represents the redeemable value of the funds units (EU). It can be equated as follows: NAVPT = Assets Under Management / Total Outstanding Tokens Where, Assets Under Management (AUM) is ascertained by the Custodian. While the AUM is ascertained by the Custodian at their discretion, here are some considerations they can make: (a) any security which is listed or quoted on any securities exchange or similar system and regularly traded thereon will be valued at its last traded price as at the Valuation Point or, if no trades occurred on such day, at the closing bid price if held long and at the closing offer price if sold short, on the relevant Valuation Day. Where prices are available on more than one exchange or system for a particular security the price will be the last traded price or closing bid or offer price, as the case may be, on the exchange which constitutes the main market for such security or the one which the Members determine provides the fairest criteria in ascribing a value to such security; (b) any security which is not listed or quoted on any securities exchange or similar electronic system or if, being so listed or quoted, is not regularly traded thereon or in respect of which no prices as described above are available will be valued at its probable realisation value as at the Valuation Point, as determined by the Members having regard to its cost price, the price at which any recent transaction in the security may have been effected, the size of the holding having regard to the total amount of such security in issue, and such other...

Token. It has emerged as another application example of distributed ledger technology other than cryptocurrencies. It refers to digital crypto assets that represent a certain value or utility within a project ecosystem on an existing blockchain. (Examples of this include projects built on smart contracts of Ethereum, Avalanche and Binance (BNB) Smart Chain)

Token the blockchain-based ERC-721 non-fungible digital asset having the smart contract address at 0xF928d6285B8a4f9ac5A640ae598D7399C331cea7 and token ID 0. The Token is associated with the Membership Interest of the Company, as further provided in that certain LLC Agreement associated with the above-referenced Blockchain Transaction ID. The token ID includes the attribute of “TokenURI”, which links to an HTTP or IPFS URL address that, when queried, will return a JSON blob with the metadata of the Token.

Token a fungible governance crypto-asset created by the User in a PSP22 standard using software provided by SYNCRA and intended to be used on the Platform by the Users in connection with certain Services, in particular for the purpose of determining if DAO Members’ access to the DAO Account will be token-based and conducting Token-Based Voting by DAO Members.

Token cryptographically secured digital tokens generated by software code in the form of a token smart contract („Token Smart Contract“) which has been developed and/or executed by the Token Generator, and is based upon a mathematical proof and comprised of two numbers or keys: a public key that encrypts certain details and a private key that decrypts it; the Token is sometimes also referred to as „InBit Token”;

Token. A utility cryptographic decentralized token named “SCORP” based on the platform intended primarily for the use of, access or participation to the Platform as outlined on the Website. SCORP is a reward and loyalty token for the Scorpion Casino owners and guarantees no earnings, wins or promises any guaranteed profits. The proprietor of Scorpion Casino shall bear no claim of ownership, entitlement, or equity in any enterprise affiliated with Scorpion Casino. SCORP shall not be considered a security and shall not represent any form of investment. The offer made by the Company, through ten Phases to a public reward-based marketing and fundraising event, to accept contributions towards the Project, which contributions will be rewarded, with an allocation of a determinate number of Tokens, in the Private Sale of the Token, to participants according to the terms of this Agreement. The Token Distribution Event will be conducted on the project's web page.