GFC. (a) confirms, warrants and undertakes that it is acquiring the GFC Shares on its own behalf for investment purposes and not re-sale;
GFC. The Company assumes no liability whatsoever for the success of the Initial Coin Offering or the achievement of the targeted listing price. The Lessee expressly acknowledges the foregoing. The reward structure is structured as follows: Block Amount Reward Masternode per Block Daily Output (Masternodes) Quantity of Days from Genesis (1st) Block Until 25,000 200.00 GFC 144,000.00 GFC 21 Days Until 30,000 160.00 GFC 115,200.00 GFC 42 Days Until 50,000 120.00 GFC 86,400.00 GFC 69 Days Until 100,000 100.00 GFC 72,000.00 GFC 139 Days Masternode leases are awarded according to the "first come - first serve" principle. The total daily rewards are to be divided by the amount of the pre-active nodes. The daily rewards depend on the so-called block time of blockchain. This blocktime shall be fixed for 2 (two) minutes. However, the blocktime can slightly vary depending on the transfer volume (+/- 20%); therefore, this information is to be understood as an GO-FUND MANAGEMENT & FINANCING LTD. | 00 Xxxxxxxxx Xxxxxx, Office 101 | 0000 Xxxxxxx, Xxxxxx| xxx.xx-xxxx-xxx.xxx | xxxxxx@xx-xxxx-xxx.xxx approximate value or as a guideline. The calculated scenario of the Masternode Rewards is specified on the following page. The Company assumes no liability for the success of the ITO or for reaching the indicated approximate values due to technical problems of any kind, fault of any third- parties or negligence. The Lessee expressly acknowledges the foregoing. Masternode Reward calculation This table establishes the terms and conditions for awarding the Masternodes Rewards to the Lessee. Depending on the date that the Lessee decides to lease the Masternode from GO-FUND, the Lessee shall receive the amount of GFCs mentioned in the “Reward MN bought today” column which corresponds to that date. The Lessee hereby acknowledges and accepts the calculation for awarding Masternode Rewards and understands that the amount of Nodes running in a corresponding date directly affects and influences on the amount of Reward per Node. The Lessee or any person interested in renting Masternodes according to the terms of this Agreement will be able to do so up to and including February 22th, 2019. Moreover, the leased Masternodes will run from the date that the Lessee decides to start with the lease of Masternodes, until April 14th, 2019. GO-FUND MANAGEMENT & FINANCING LTD. | 00 Xxxxxxxxx Xxxxxx, Office 101 | 0000 Xxxxxxx, Xxxxxx| xxx.xx-xxxx-xxx.xxx | xxxxxx@xx-xxxx-xxx.xxx Masternode Calculator Date...
GFC. GFC represents and warrants to Management that HI owns, beneficially and of record, all of the Class A Common Stock of GFC, free and clear of any Liens and GFC owns, beneficially and of record, directly or indirectly, all of the outstanding capital stock of each of the GFC Subsidiaries and the Gruntal & Co Subsidiaries, free and clear of any Liens.
GFC. SCHEDULE TO LOAN AND SECURITY AGREEMENT BORROWER: PROCOM TECHNOLOGY, INC. ADDRESS: 2181 XXXXXX XXXXX XXXXXX, XXXXXXXXXX 00000 XATE: NOVEMBER 18, 1994 This Schedule forms an integral part of the Loan and Security Agreement between the above Borrower and Greyhound Financial Corporation dated the above date, and all references herein and therein to "this Agreement" shall be deemed to refer to said Agreement and to this Schedule. TOTAL FACILITY (SECTION 1.1): $9,000,000.00 (the "Total Facility")
GFC is willing to pay all of the premiums due on a life insurance policy insuring Employee's life subject to the terms and conditions set forth herein.
