Common use of Blockchain Delay Risk Clause in Contracts

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS Tokens the same day Buyer sends ETH.

Appears in 2 contracts

Samples: Eos Token Purchase Agreement, Token Purchase Agreement

AutoNDA by SimpleDocs

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so work, so, block production can occur at random times. For example, ETH contributed to the EOS PROOF Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS PROOF Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Smart Contract AST smart contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS AST Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS CLEAR Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS CLEAR Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS EOT Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS EOT Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: Eot Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS MTCOIN Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS Tokens MtCoin TOKENs the same day Buyer sends ETH.

Appears in 1 contract

Samples: Mtcoin Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Xxxxxx Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS Tokens DNO Token the same day Buyer sends ETH.

Appears in 1 contract

Samples: Dno Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS XDCE Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer Contributor acknowledges and understands that the Ethereum blockchain may not include the BuyerContributor’s transaction at the time Buyer Contributor expects and Buyer Contributor may not receive EOS XDCE Tokens the same day Buyer Contributor sends ETH.

Appears in 1 contract

Samples: Token Contribution Agreement

AutoNDA by SimpleDocs

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS CLEAR Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer Donor acknowledges and understands that the Ethereum blockchain may not include the Buyer’s Donor's transaction at the time Buyer Donor expects and Buyer Donor may not receive EOS Tokens ClearTOKENs the same day Buyer Donor sends ETH.

Appears in 1 contract

Samples: Donation Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS H2T Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: H2t Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS DML Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS DML Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Smart BULK TRADER Distribution Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s transaction at the time Buyer expects and Buyer may not receive EOS BULK TRADER Tokens the same day Buyer sends ETH.

Appears in 1 contract

Samples: Token Purchase Agreement

Blockchain Delay Risk. On the Ethereum BTC, ETH, LTC blockchain, timing of block production is determined by proof of work so block production can occur at random times. For example, ETH contributed to the EOS Upthinity Smart Contract in the final seconds of a distribution period may not get included for that period. Buyer acknowledges and understands that the Ethereum blockchain may not include the Buyer’s 's transaction at the time Buyer expects and Buyer may not receive EOS Upthinity Tokens the same day Buyer sends BTC, ETH, LTC.

Appears in 1 contract

Samples: Membership Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!