The Contest smart contract calculates how much of the General Reward each Coin Holder should receive.
It enables flexible orchestration of resources and controls the network efficiently. The failure of any Coin Holder to approve or disapprove any Proposed Amendment within ten (10) days after the date the respective PA Notice is delivered (or deemed to be delivered pursuant to Section 11(f)(iii) below), will be deemed an affirmative approval by such Coin Holder of the subject Proposed Amendment for all purposes of determining Majority Consent to such Proposed Amendment pursuant to this Section 11(d)(i). Then a lender ( Coin Holder) chooses to get into the “Murabaha” deal after knowing all the details about it.Ī Coin Holder may exercise its Put Option, at any time (and from time to time) in his/her/its sole discretion and without further consent of the Company, by delivering notice of such exercise to the Company. This COIN RIGHTS AGREEMENT (as the same may be amended or modified from time to time pursuant to the terms hereof, this “Agreement”) is an agreement between CERES COIN LLC, a Delaware limited liability company (the “Company”) and each Coin Holder (as defined below) and governs each Coin Holder’s rights and restrictions in connection with the ownership of the respective Coin(s) (as defined below) held by such Coin Holder.Īll notices and communications to be given or otherwise made to a Coin Holder are to be sent electronically to the last known email (or other electronic) address for such Coin Holder on the books and records of the Company (or such other electronic address as may be directed by such Coin Holder from time to time by written notice to the Company). Upon the payment (in full) of all amounts payable to a Coin Holder hereunder, all Coins then held by such Coin Holder will be deemed fully satisfied and automatically terminated without further notice to, or action by, any party. Each Coin Holder, by virtue of their purchase (or other acceptance) of a Coin, irrevocably agrees to be bound by all of the terms and conditions of this Agreement with respect to all Coins at any time held by (or otherwise on behalf of) such Coin Holder and all rights of such Coin Holder as the holder of such Coins.
0 kommentar(er)
