Fiat Currency P2P transactions Sample Clauses

Fiat Currency P2P transactions xxxxxx.xxx allows you to use fiat funds solely in exchange for digital currency (like USDT) and with other xxxxxx.xxx Users in so-called “P2P transactions.” In a P2P transaction, xxxxxx.xxx holds the digital currency in escrow between the two counterparties until payment in fiat funds has been confirmed. The USDT digital currency is released as soon as payment is confirmed. xxxxxx.xxx reserves the right to resolve issues and disputes among Users in its sole discretion.
Sample 1
AutoNDA by SimpleDocs
Fiat Currency P2P transactions. WazirX allows you to use fiat funds solely in exchange for digital currency (like USDT) and with other WazirX Users in so-called “P2P transactions.” In a P2P transaction, WazirX holds the digital currency in escrow between the two counterparties until payment in fiat funds has been confirmed. The USDT digital currency is released as soon as payment is confirmed. WazirX reserves the right to resolve issues and disputes among Users in its sole discretion.
Sample 1
Fiat Currency P2P transactions. Alligator allows you to use fiat currency funds solely in exchange for certain Supported Cryptocurrencies (like USDT) and with other Alligator Users in so-called “P2P transactions.” In a P2P transaction, Alligator holds the digital currency in escrow between the two counterparties until payment in fiat currency funds between the buyer and seller Users has been confirmed. Such Supported Cryptocurrency (e.g., USDT) is released as soon as payment is confirmed. Alligator does not take custody or facilitate transfer of the fiat currency funds in this model, and the transfer of the fiat currency funds is solely between Users without any responsibility or liability of Alligator in this connection. Without prejudice to the foregoing, you hereby grant Alligator the right to resolve issues and disputes among Users in its sole discretion.
Sample 1
Fiat Currency P2P transactions. Bee To Bee allows you to use fiat currency funds solely in exchange for certain Supported Cryptocurrencies (like USDT) and with other Bee To Bee Users in so-called “P2P transactions.” In a P2P transaction, Bee To the digital currency in escrow between the two counterparties until payment in fiat currency funds between the buyer and seller Users has been confirmed. Such Supported Cryptocurrency (e.g., USDT) is released as soon as payment is confirmed. Bee To Bee does not takecustody or facilitate transfer of the fiat currency funds in this model, and the transfer of the fiat currency funds is solely between Users without any responsibility or liability of Bee To Bee in this connection. Without prejudiceto the foregoing, you hereby grant Bee To Bee the right to resolve issues and disputes among Users in its sole discretion.
Sample 1

Related to Fiat Currency P2P transactions

  • Foreign Currency Transactions If the Depositor provides instructions to the Financial Institution on an Account that is denominated in a currency other than the currency of the Account, a conversion of currency may be required. In all such Transactions and at any time a conversion of currency is made, the Financial Institution may act as principal with the Depositor in converting the currency at rates established or determined by the Financial Institution, affiliated parties, or parties with whom the Financial Institution contracts. The Financial Institution, its affiliates, and contractors may earn revenue and commissions, in addition to applicable service charges, based on the difference between the applicable bid and ask rates for the currency and the rate at which the rate is offset in the market.

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

  • Payment Currency All payments due under this Agreement will be paid in U.S. Dollars. Conversion of foreign currency to U.S. Dollars will be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the applicable Calendar Quarter. Such payments will be without deduction of exchange, collection or other charges.

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction." BB. Article IV of the Standard Terms and Conditions of Trust is hereby replaced with the following:

  • Change of Currency (a) Each obligation of the Borrowers to make a payment denominated in the national currency unit of any member state of the European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful currency; provided that if any Committed Borrowing in the currency of such member state is outstanding immediately prior to such date, such replacement shall take effect, with respect to such Committed Borrowing, at the end of the then current Interest Period. (b) Each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be appropriate to reflect the adoption of the Euro by any member state of the European Union and any relevant market conventions or practices relating to the Euro. (c) Each provision of this Agreement also shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be appropriate to reflect a change in currency of any other country and any relevant market conventions or practices relating to the change in currency.

  • Specified Currency Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • Currency and Funds of Payment All Guarantors’ Obligations for payment will be paid in lawful currency of the United States of America and in immediately available funds, regardless of any law, regulation or decree now or hereafter in effect that might in any manner affect the Guaranteed Liabilities, or the rights of any Secured Party with respect thereto as against the Borrower or any other Loan Party, or cause or permit to be invoked any alteration in the time, amount or manner of payment by the Borrower or any other Loan Party of any or all of the Guaranteed Liabilities.

  • Foreign Currency The term “

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