Subscription Amount definition
Examples of Subscription Amount in a sentence
If the Purchaser elects to pay all or a portion of the Subscription Amount in USDS, such USDS shall be valued at U.S. $1.00 per $1.00 USDS for all purposes of this Agreement.
The parties agree that the maximum aggregate liquidated damages payable to a Holder under this Agreement shall be 6.0% of the aggregate Subscription Amount paid by such Holder pursuant to the Purchase Agreement.
In respect of each Purchaser, the portion of the Subscription Amount to be paid in SKY, USDS and/or USDT shall be referred to as the “Non-Cash Amount” or “Digital Asset Consideration.” At the Closing, following the delivery of the Subscription Amounts to the Company, the Company shall deliver to each Purchaser its Pre-Funded Warrants as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing.
The parties agree that the maximum aggregate liquidated damages payable to a Purchaser under this Agreement shall be 10% of the aggregate Subscription Amount paid by such Purchaser pursuant to this Agreement.
If the Purchaser elects to pay all or a portion of the Subscription Amount in SKY, then the value of SKY shall be treated as functionally equivalent to U.S. dollars, with a fixed exchange rate of $0.0615.