Token Distribution Sample Clauses

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:
Sample 1
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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”):
Sample 1
Token Distribution. Token distribution is not a public offering of equity or debt and consequently does not fall under the securities or any prospectus regulation. You can make contributions into a smart contract system in Ether (acceptable Digital Asset) and receive AVARI in exchange. Company reserves the right to amend acceptable digital assets or FIAT at any time, based on its sole discretion. All acquirement of AVARI Tokens shall be publicly accessible via the Ethereum blockchain browser.
Sample 1
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. 70% to Filecoin Miners (Mining block reward) for providing data storage service, maintaining blockchain, and more. 15% to Protocol Labs (Genesis) for research, engineering, deployment, business development, marketing, distribution, and more. 10% to Investors (Genesis) for funding network development, business development, partnerships, support, and more. 5% to Filecoin Foundation (Genesis) for long-term network governance, partner support, academic grants, public works, community building, et cetera.
Sample 1
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.
Sample 1
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).

  • Liquidating Distribution In the event of the dissolution of the Partnership for any reason, the Partnership assets shall be liquidated for distribution in the following rank and order:

  • When Distribution Must Be Paid Over In the event that the Trustee or any Holder receives any payment of any Obligations with respect to the Securities at a time when the Trustee or such Holder, as applicable, has actual knowledge that such payment is prohibited by Section 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 Debt as their interests may appear or their Representative under the indenture or other agreement (if any) pursuant to which Senior Debt may have been issued, as their respective interests may appear, for application to the payment of all Obligations with respect to Senior Debt 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 Debt. With respect to the holders of Senior Debt, 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 Debt 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 Debt, 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 Debt 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 liquidator will distribute any assets remaining after the discharge or accommodation of the Company’s debts, obligations and liabilities to the Member.

  • No Distribution Except with respect to any Shares that may be offered and sold pursuant to the Registration Statement, Counterparty is not entering into the Transaction to facilitate a distribution of the Shares (or any security that may be converted into or exercised or exchanged for Shares, or whose value under its terms may in whole or in significant part be determined by the value of the Shares) or in connection with any future issuance of securities.

  • Certain Distributions If the Company elects to:

  • Final Distributions Section 8.01. Sale of Receivables or Certificateholders' Interest pursuant to Section 2.06 or 10.01 of the Agreement and Section 7.01 or 7.02 of this Supplement.

  • Distribution The Servicer will prepare the form in duplicate and send the original together with evidence of conveyance of title and appropriate supporting documentation to the Master Servicer with the Monthly Accounting Reports which supports the Mortgage Loan’s removal from the Mortgage Loan Activity Report. The Servicer will retain the duplicate for its own records. Due Date With respect to any liquidated Mortgage Loan, the form will be submitted to the Master Servicer no later than the date on which statements are due to the Master Servicer under Section 4.02 of this Agreement (the “Statement Date”) in the month following receipt of final liquidation proceeds and supporting documentation relating to such liquidated Mortgage Loan; provided, that if such Statement Date is not at least 30 days after receipt of final liquidation proceeds and supporting documentation relating to such liquidated Mortgage Loan, then the form will be submitted on the first Statement Date occurring after the 30th day following receipt of final liquidation proceeds and supporting documentation. Preparation Instructions The numbers on the form correspond with the numbers listed below.

  • Distribution of Cash (a) The Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

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