Token Integration Event definition
Examples of Token Integration Event in a sentence
If there is a Token Integration Event prior to the Deadline Date (as defined in the table set out above), the Company shall, within no later than two (2) calendar months following the Token Integration Event enable the Purchaser to begin retrieving the Purchased Tokens for use on the Protocol in accordance, where applicable, with the Company obtaining any relevant approvals from any relevant Governmental Authorities.
Any unsold Tokens at the time of Token Integration Event shall initially be retained by the Company and can thereafter be dealt with by the Company in its sole and absolute discretion.
If the Token Integration Event has not occurred on or before the Deadline Date the Company shall make payment to the Purchaser from the available assets of the Company that remain lawfully available applying Clause 3(h) mutatis mutandis.
Notwithstanding anything to the contrary contained herein, the Company may determine in its sole and absolute discretion at any time prior to the Token Integration Event to not transfer all or any of the Purchased Tokens to the Purchaser and shall in such event repay to the Purchaser the relevant portion of the Purchase Amount in the currency in which it was received by the Company from the Purchaser.