Receipt Day definition
Examples of Receipt Day in a sentence
The number of GAB Tokens which an investor shall be entitled to receive in exchange for payments made in ETH or BTC ( the “Token Amount”), shall be determined based on the Daily BTC Exchange Rate (as defined below) and Daily ETH Exchange Rate (as defined below), as applicable, for the Receipt Day on which the Company receives the Purchaser Commitment Amount.
The Token Amount for ETH payments will be determined by StartEngine based upon the USD equivalent of the Purchaser Commitment Amount received by us, based upon the last price quoted for an ETH to USD exchange transaction, as reflected on GDAX, which is closest to and includes (but is not after) 5:00:00 p.m. (ET), on the date on which the ETH Receipt Day End Time occurs (the “ETH Exchange Rate”).
If the order is not received on a Business Day or on a Business Day later than 30 minutes before the end of the Business Hours, the next Business Day shall be deemed to be the Order Receipt Day.
Any decision to accept or reject a subscription received will be made within two Business Days of the Order Receipt Day.
The number of Helix™ Tokens which a Subscriber shall be entitled to receive in exchange for payments made in ETH or BTC (the “Token Amount”), shall be determined based on the Daily BTC Exchange Rate (as defined below) and Daily ETH Exchange Rate (as defined below), as applicable, for the Receipt Day on which the Company receives the Purchaser Commitment Amount.
A payment order shall be deemed to have been received on the Business Day on which the order is received ("Order Receipt Day").
The number of GAB Tokens which an investor shall be entitled to receive in exchange for payments made in ETH or BTC ( the “GAB Token Amount”), shall be determined based on the Daily BTC Exchange Rate and Daily ETH Exchange Rate, as applicable, for the applicable Receipt Day.
The Token Amount for ETH payments will be determined by the Company based upon the USD equivalent of the Purchaser Commitment Amount received by the Company, based upon the last price quoted for an ETH to USD exchange transaction, as reflected on GDAX, which is closest to and includes (but is not after) 5:00:00 p.m. (ET), on the date on which the ETH Receipt Day End Time occurs (the “ETH Exchange Rate”).