Blockchain Business definition

Blockchain Business means the Company’s ownership and maintenance of the Framework and the Coins.
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Examples of Blockchain Business in a sentence

  • As described in detail in the “Description of Blockchain Business - Coin Buyback/Buyback Price” section beginning on page 54 hereof.

  • For simplicity, all “Shared Expenses” are allocated 25% to the Blockchain Business and 75% to the Loan Business (i .e.

  • The ultimate success of the Company’s Blockchain Business will depend, in material part, on the proprietary nature of the Company’s technological products and services (in particular the Framework and related Coin technology).

  • The establishment and continued maintenance of bank accounts to facilitate the purchase and sale of Coins is integral to the operation of the Blockchain Business.

  • Put another way, to the extent the Company actually incurs any Coin Offering Expenses, no additional portion of the proceeds received from the Token sale beyond those allocated to “Marketing/Business Development Fees” with respect to the Blockchain Business above will be used to pay such fees.

  • Further, while the Company anticipates a significant “first-mover” advantage with respect to the Blockchain Business, profitable industries always attract new market entrants.

  • The Company believes that the products and services it intends to offer as part of the Blockchain Business (in particular the Framework and related Coin technology) are, and will be, inherently unique products not yet seen in the cannabis and related industries.

  • The bulk of such funds will be used to cover expenses related to the marketing and sale of the Framework and the related Coin technology to cannabis industry regulators and participants as well as salaries and administrative expenses of the Company in connection with the Blockchain Business.

  • As described in detail in the “Description of Blockchain Business - Description of Proposed Transactional Coin Usage and Trading; Transaction Fees” section beginning on page 51 hereof.

  • If such requested laws changes are effected, the need for, and attractiveness of, the Coins to facilitate cannabis-industry transactions may be materially and adversely affected, as would the anticipated profitability of the Blockchain Business and the resultant value of your investment in a Security (in particular, in a Token).

Related to Blockchain Business

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Micro Business means a company which either:

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Company Business means the business of the Company as presently conducted.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Licensed Business means the activities connected with the conveyance of

  • Excluded Business has the meaning set forth in Section 6.10.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Sellers or any of their Affiliates, other than the Businesses, and “Retained Business” specifically includes the Specified Retained Businesses.

  • Air Transportation Business means the carriage by aircraft of persons or property as a common carrier for compensation or hire, or carriage of cargo or mail by aircraft, in air commerce, as defined in 49 U.S.C. § 40102, as amended.