Token Distribution Sample Clauses

The Token Distribution clause defines how tokens will be allocated and delivered among participants or stakeholders in a project. It typically outlines the schedule, proportions, and methods for distributing tokens, such as vesting periods for team members, allocations for investors, or reserves for future use. By clearly specifying these details, the clause ensures transparency and fairness in the distribution process, helping to prevent disputes and misunderstandings regarding token ownership and access.
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Token Distribution. The Company will automatically issue to the Purchaser the number of Tokens, associated to the Purchase Price in accordance to its Assigned Tier, in exchange for the Purchase Amount. In connection with and prior to the Token Distribution by the Company to the Purchaser pursuant to Clause 3.a) hereinto: i. The Purchaser will execute and deliver to the Company any and all other transaction documents related to this SAFT; ii. The Purchaser will receive instructions for the payment of the Purchase Amount in the e-mail provided by the Purchaser for such purposes; and iii. The Purchaser will receive the Tokens in the same wallet address from which payment of the Purchase Amount is issued.
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Token Distribution. The Buyer accepts and agrees that an ERC20 AVX will be transferred to his/her ETH Wallet once the payment is made. Once the final blockchain solution is developed, tested, and successfully verified, a self-sufficient blockchain, which is the mainnet will be launched and tokens will be available for swap or migration on a 1:1 basis.
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Token Distribution. The Filecoin Token will be distributed to the 4 major participating groups in the Filecoin Network. These groups are critical to the network’s creation, development, growth, and maintenance. This allocation is written into the protocol itself and the Filecoin blockchain’s Genesis block. Allocations are vested for multiple years.
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Token Distribution. 4.1 The Company intends to distribute Tokens in accordance with the Token Distribution Procedure set out on the official Website, which includes detailed information on the procedure and timing of the distribution of Tokens (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇/ru). By purchasing Tokens, the User fully acknowledges and understands all the procedures and stages of the distribution of Tokens and their specifics, including the User is aware that the sale of Tokens to third parties is carried out in a limited manner to prevent a sharp drop in the value of Tokens. The User understands that the purchase of Tokens carries huge risks and may lead to a partial or complete loss of the cryptocurrency deposited in exchange for Tokens. 4.2 Access to or use of Smart Contract Tokens and/or receipt of Tokens through any means other than the official Website is unauthorized. The User must make sure that the site used to receive Tokens is the following URL: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇/ru 4.3 The User acknowledges and understands that the funds collected from the distribution of Tokens will be used by the Company at its sole discretion.
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Token Distribution. Upon the expiration of the Lock-Up Period (provided such expiration is before the expiration or termination of this instrument), this instrument shall automatically convert into, and the Company shall automatically issue, a number of Tokens to the Purchaser equal to the Purchase Amount divided by the Token Price (rounded up to the next whole number if such number is a fraction). “Lock-Up Period” means the period beginning on the date of this instrument and ending on the earliest of (i) a System Launch, (ii) one (1) year after the issuance date of this instrument to the Purchaser or (iii) the date the Company determines, in its sole discretion, that Resale Restrictions are available with respect to the Tokens. “Resale Restrictions” means an alternative trading system and/or technology that allows resale restrictions with respect to the Tokens that are required by applicable securities laws to be embedded in the blockchain, the Tokens or any smart contract related to the foregoing. In connection with and prior to the issuance of Tokens by the Company to the Purchaser pursuant to this Section 1(a) (the “Token Distribution”):
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Token Distribution 
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Related to Token Distribution

  • Liquidation Distribution Distributions made upon dissolution of the Partnership shall be made as provided in Section 9.03.

  • Liquidation Distributions All property and all cash in excess of that required to discharge liabilities as provided in Section 12.4(b) shall be distributed to the Partners in accordance with, and to the extent of, the positive balances in their respective Capital Accounts, as determined after taking into account all Capital Account adjustments (other than those made by reason of distributions pursuant to this Section 12.4(c)) for the taxable year of the Partnership during which the liquidation of the Partnership occurs (with such date of occurrence being determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable year (or, if later, within 90 days after said date of such occurrence).

  • Contract Distribution The Employer will provide all current and new employees with a link to the new Agreement. Each department or unit will maintain a paper copy of the contract accessible to all employees.

  • When Distribution Must Be Paid Over In the event that the Trustee or any Holder receives any payment of any Subordinated Note Obligations at a time when the Trustee or such Holder, as applicable, has actual knowledge that such payment is prohibited by Section 10.03 or 10.04 hereof, such payment shall be held by the Trustee or such Holder, in trust for the benefit of, and shall be paid forthwith over and delivered, upon written request, to, the holders of Senior Indebtedness as their interests may appear or their Representative under the indenture or other agreement (if any) pursuant to which Senior Indebtedness may have been issued, as their respective interests may appear, for application to the payment of all Obligations with respect to Senior Indebtedness remaining unpaid to the extent necessary to pay such Obligations in full in accordance with their terms, after giving effect to any concurrent payment or distribution to or for the holders of Senior Indebtedness. With respect to the holders of Senior Indebtedness, the Trustee undertakes to perform only such obligations on the part of the Trustee as are specifically set forth in this Article 10, and no implied covenants or obligations with respect to the holders of Senior Indebtedness shall be read into this Indenture against the Trustee. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness, and shall not be liable to any such holders if the Trustee shall pay over or distribute to or on behalf of Holders or the Company or any other Person money or assets to which any holders of Senior Indebtedness shall be entitled by virtue of this Article 10, except if such payment is made as a result of the willful misconduct or gross negligence of the Trustee.

  • Final Distribution The Issuer shall give the Indenture Trustee at least 30 days written notice of the Payment Date on which the Noteholders of any Series, Class or Tranche may surrender their Notes for payment of the final distribution on and cancellation of such Notes. Not later than the fifth day of the month in which the final distribution in respect of such Series, Class or Tranche is payable to Noteholders, the Indenture Trustee shall provide notice to Noteholders of such Series, Class or Tranche specifying (i) the date upon which final payment of such Series, Class or Tranche will be made upon presentation and surrender of Notes of such Series, Class or Tranche at the office or offices therein designated, (ii) the amount of any such final payment and (iii) that the Record Date otherwise applicable to such payment date is not applicable, payments being made only upon presentation and surrender of such Notes at the office or offices therein specified (which, in the case of Bearer Notes, shall be outside the United States). The Indenture Trustee shall give such notice to the Note Registrar and the Paying Agent at the time such notice is given to Noteholders. (a) Notwithstanding a final distribution to the Noteholders of any Series, Class or Tranche of Notes (or the termination of the Issuer), except as otherwise provided in this paragraph, all funds then on deposit in any Issuer Account allocated to such Noteholders shall continue to be held in trust for the benefit of such Noteholders, and the Paying Agent or the Indenture Trustee shall pay such funds to such Noteholders upon surrender of their Notes, if certificated. In the event that all such Noteholders shall not surrender their Notes for cancellation within 6 months after the date specified in the notice from the Indenture Trustee described in paragraph (a), the Indenture Trustee shall give a second notice to the remaining such Noteholders to surrender their Notes for cancellation and receive the final distribution with respect thereto (which surrender and payment, in the case of Bearer Notes, shall be outside the United States). If within one year after the second notice all such Notes shall not have been surrendered for cancellation, the Indenture Trustee may take appropriate steps, or may appoint an agent to take appropriate steps, to contact the remaining such Noteholders concerning surrender of their Notes, and the cost thereof shall be paid out of the funds in the Collection Account or any Supplemental Issuer Accounts held for the benefit of such Noteholders. The Indenture Trustee and the Paying Agent shall pay to the Issuer any monies held by them for the payment of principal or interest that remains unclaimed for two years. After payment to the Issuer, Noteholders entitled to the money must look to the Issuer for payment as general creditors unless an applicable abandoned property law designates another Person.