Common use of Token Distribution Event Clause in Contracts

Token Distribution Event. On the day of the Token Distribution Event, the Token Issuer will issue to the Purchaser a number of Tokens equal to the Purchaser’s Token Amount; provided that, in connection with and prior to the issuance of the Token Amount by the Token Issuer to the Purchaser pursuant to this Section 2(a):

Appears in 4 contracts

Samples: Purchase Agreement (Blockstack Inc.), Purchase Agreement (Blockstack Token LLC), Purchase Agreement (Blockstack Inc.)

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