Common use of Disruption to Trading Platform Clause in Contracts

Disruption to Trading Platform. 5.1 Client acknowledges that electronic facilities and systems such as the Trading Platform are vulnerable to disruption, delay or failure and, consequently, such facilities and systems may be unavailable to Client as a result of foreseeable and unforeseeable events. Client understands and agrees that Coinbase does not guarantee uninterrupted access to the Trading Platform or all features of the Trading Services. Client acknowledges that although Coinbase will attempt to provide notice of any scheduled or unscheduled unavailability that would result in Client being unable to access the Trading Platform or the Trading Services, Coinbase cannot guarantee advanced notice to Client.

Appears in 15 contracts

Samples: Coinbase Prime Broker Agreement (Bitwise Ethereum ETF), Prime Broker Agreement (21Shares Core Ethereum ETF), Coinbase Prime Broker Agreement (Mercurity Fintech Holding Inc.)

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Disruption to Trading Platform. 5.1 Client acknowledges that electronic facilities and systems such as the Trading Platform are vulnerable to disruption, delay or failure and, consequently, such facilities and systems may be unavailable to Client as a result of foreseeable and unforeseeable events. Client understands and agrees that Coinbase does not guarantee uninterrupted access to the Trading Platform or all features of the Trading Services. Client acknowledges that although Coinbase will attempt to provide notice of any scheduled or unscheduled unavailability that would result in Client being unable to access the Trading Platform or the Trading Services, Coinbase cannot guarantee advanced notice to Client. Nothing in this Section 5.1 shall relieve Coinbase of any of its obligations, representations, or warranties under this Coinbase Prime Broker Agreement.

Appears in 7 contracts

Samples: Coinbase Prime Broker Agreement (iShares Bitcoin Trust ETF), Coinbase Prime Broker Agreement (VanEck Bitcoin Trust), Coinbase Prime Broker Agreement (VanEck Ethereum Trust)

Disruption to Trading Platform. 5.1 Client acknowledges that electronic facilities and systems such as the Trading Platform are vulnerable to disruption, delay or failure and, consequently, such facilities and systems may be unavailable to Client as a result of foreseeable and unforeseeable events. Client understands and agrees that Coinbase does not guarantee uninterrupted access to the Trading Platform or all features of the Trading Services. Client acknowledges that although Coinbase will attempt to provide advance notice of any scheduled or unscheduled downtime and will attempt to provide reasonable notice of any other unavailability that would result in Client being unable to access the Trading Platform or the Trading Services, Coinbase cannot guarantee advanced notice to Client.

Appears in 1 contract

Samples: Coinbase Prime Broker Master Agreement (WisdomTree Bitcoin Fund)

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Disruption to Trading Platform. 5.1 Client acknowledges that electronic facilities and systems such as the Trading Platform are vulnerable to disruption, delay or failure and, consequently, such facilities and systems may be unavailable to Client as a result of foreseeable and unforeseeable events. Client understands and agrees that Coinbase does not guarantee uninterrupted access to the Trading Platform or all features of the Trading Services. Client acknowledges that although Coinbase will attempt to provide notice of any scheduled or unscheduled unavailability that would result in Client being unable to access the Trading Platform or the Trading Services, Coinbase cannot guarantee advanced notice to Client.. 5.2 Coinbase may, in its good faith discretion, take any of the following actions, and in the case of clause (i), shall use reasonable efforts to provide Client with as much prior notice as is practicable:

Appears in 1 contract

Samples: Coinbase Prime Broker Agreement (Franklin Ethereum Trust)

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