Establish Participant Accounts. In the event that Zero Hash is acting as custodian for Participant's Digital Assets, Zero Hash may create and maintain on the Zero Hash system separate Participant Accounts in the name of each Participant. Zero Hash will credit and debit to and from the Participant Accounts amounts that correspond to the calculation of the Participant’s Digital Asset or Fiat Currency balance for each Participant as provided in this Agreement. Zero Hash will update Participant's Digital Asset or Fiat Currency balance as such Participant utilizes its Digital Assets or Fiat Currency held in its Participant Account to effect trading on any related Transaction Platform. Zero Hash will create Participant and Collateral Accounts in which Participant's Fiat Currency and Digital Assets will be stored. Such accounts are described below:
Appears in 4 contracts
Samples: Hash LLC Services Agreement, Hash LLC Services Agreement, Hash LLC Services Agreement
