Forks and Airdrops Sample Clauses

Forks and Airdrops. Unless otherwise agreed, any purchased digital asset will not include any additional digital assets resulting from a fork or airdrop that has occurred after execution and before settlement.
Sample 1
AutoNDA by SimpleDocs
Forks and Airdrops. You agree and understand that the underlying protocols of Cryptocurrency networks are subject to changes in operating rules (each a “Fork”) that may result in more than one version (each, a “Forked Network”) and we and/or the Custodians holding an identical amount of your purchased Cryptocurrencies associated with each Forked Network. You further agree and understand that Forks may materially affect the value, function, and/or name of your purchased Cryptocurrencies. In the event of a Fork, you agree and understand that we, in consultation with the Custodians, which store your purchased Cryptocurrencies in trust for your benefit, will determine which Forked Networks to support and that we may temporarily suspend the Services (with or without advance notice to you) until such determination is made. You agree and understand that we and the Custodians may choose not to support a Forked Network (each, an “Unsupported Forked Network”) and that you have no right, claim, or other privilege to any Cryptocurrencies of an Unsupported Forked Network. We will notify you of our and the Custodians’ determination with respect to a Fork within a reasonable period of time. You agree and understand that, if you wish to sell Cryptocurrencies related to an Unsupported Forked Network, you must do so prior to the occurrence of any Fork. You agree and understand that entities or persons unrelated to WS Crypto may transfer, or attempt to transfer, crypto assets to existing holders of a Cryptocurrency (an “Airdrop”) and as a result, we and/or the Custodians may hold additional crypto assets transferred as a result of or in connection with an Airdrop (“Airdropped Assets”). In the event of an Airdrop, you agree and understand that the Airdropped Assets are not a Supported Cryptocurrency and that we, in consultation with the Custodians, will determine whether to support the Airdropped Assets. You agree and understand that we and the Custodians may choose not to support Airdropped Assets and that you have no right, claim or other privilege to any Airdropped Assets. In the event that we and the Custodians choose to support Airdropped Assets, we will notify you of the determination. You acknowledge and agree that in the event we, in consultation with the Custodians, elect to support Airdropped Assets or an Unsupported Forked Network and reconcile accounts with you, we may withhold, retain or sell a portion of the Airdropped Assets and Cryptocurrencies of the Unsupported Forked Network t...
Sample 1
Forks and Airdrops a) The underlying protocols of any cryptoasset may change with little, or no, advance notice. This can significantly change the application, function, value or even the name of the cryptoasset. These changes are called "Forks" and may result in the original asset splitting into 2 or more new cryptoassets. Forks and Airdrops are explained further in clause 9 of our related Cryptoasset Product Information. b) Trading may be suspended for a period before, during and after a Fork. Whether a Fork derivation is supported is solely within the control of our third-party exchange providers and we have no control and are under no obligation to support Fork derivations. c) In the event of a Fork, we have the right, in our absolute discretion, to adjust the Cryptoasset holding in your Account with respect to any affected Cryptoasset held by you. Such adjustments shall be calculated by us in good faith and, where appropriate, by taking such action as is consistent with market practice and/or considering the treatment we may receive from our counterparties. d) Where adjustments are made in accordance with clause 22.10(c), you may incur a tax liability. If this occurs, we are under no obligation to deduct any relevant tax applicable to your holding which has occurred as part of the adjustment. Further to clause 22.7, you will be responsible for any tax obligations that arise in connection to you.
Sample 1
Forks and Airdrops a. Unless specifically instructed by Client and agreed to by NYDIG Execution, an order to buy, sell, or take any other action related to a particular digital asset does not include an order to take such actions with respect to any fork or airdrop with respect to that digital asset. b. NYDIG Execution will use its commercially reasonable judgment to determine which post-fork digital asset is the same as the pre-fork digital asset. ​ ​ ​ ​ c. If a fork or airdrop that creates potential rights to new amounts of existing digital assets or new digital assets happens with respect to Client’s digital assets as of a time when NYDIG Execution is in the process of executing an Order, Client’s right or potential right to such forks or airdrops may be lost forever or significantly or indefinitely delayed. NYDIG Execution shall have no liability with respect to such lost or delayed rights.
Sample 1
Forks and Airdrops. 14.1 Newly Created Virtual Assets (Airdrops) From time to time, there may be newly created Virtual Assets that arise from events such as "airdrops" or other mechanisms. When such events occur: a. xxxxxxx will promptly assess the nature and implications of the newly created Virtual Asset. b. Our assessment will consider various factors including, but not limited to, the security, stability, and legitimacy of the new Virtual Asset, its underlying technology, and its compatibility with our platform's infrastructure. c. Once our evaluation is complete, we will clearly communicate to our clients regarding our decision to support or not support the newly created Virtual Asset, including details on how and when it will be made available or any actions required on the part of our clients. 14.2 Unsupported Virtual Assets due to Changes (Forks) Events such as "forks" or other significant changes may occasionally mean that a previously supported Virtual Asset is no longer compatible or viable for support on our platform. In such cases: a. xxxxxxx will diligently assess the impact of the said event as soon as we become aware of its nature and potential ramifications. b. Our evaluation will consider the sustainability, security, and stability of the altered Virtual Asset and any potential risks it might pose to our clients or platform. c. Throughout any transition phase, we will maintain open communication with all affected clients. This will include, but is not limited to, providing clear guidelines on any actions clients may need to take, timelines for any changes, and potential implications for their holdings. d. If a decision is made to no longer support a previously supported Virtual Asset, clients will be given instructions on withdrawal or transfer procedures, timelines, and any other relevant information to ensure a smooth transition. Clients are encouraged to remain updated on our platform announcements and to reach out to our support team for any further clarifications or concerns related to Virtual Asset support. 14.3 Risk of loss mitigation measures The following approach drives our mitigate strategy against the loss of risk- Implementation of Advanced Security Protocols We have invested substantially in the state-of-the art Cybersecurity measures, including encryption, Multi factor Authentication and intrusion detection systems. We also take specific care in regular;y auditing and updating security protocols to protect customer assets from threats. Cold St...
Sample 1

Related to Forks and Airdrops

  • Operator’s Security Contact Information Xxxxxxx X. Xxxxxxx Named Security Contact xxxxxxxx@xxxxxxxxx.xxx Email of Security Contact (000) 000-0000 Phone Number of Security Contact

  • Gross Beta Flags A = Result acceptable, Bias <= +/- 50% with a statistically positive result at two standard deviations (Result/Uncertainty > 2, i.e., the range encompassing the result, plus or minus the total uncertainty at two standard deviations, does not include zero). N = Result not acceptable, Bias > +/- 50% or the reported result is not statistically positive at two standard deviations (Result/Uncertainty <= 2, i.e., the range encompassing the result, plus or minus the total uncertainty at two standard deviations, includes zero).

  • Operations Support Systems (OSS) 47.1. Embarq will offer unbundled access to Embarq’s operations support systems to the extent technically feasible in a non-discriminatory manner at Parity. OSS consists of pre- ordering, ordering, provisioning, maintenance and repair, and billing functions supported by Embarq’s databases and information. The OSS element includes access to all loop qualification information contained in Embarq’s databases or other records, including information on whether a particular loop is capable of providing advanced services.

  • Contact Points Each Party shall designate a contact point to facilitate communications between the Parties on any matter covered by this Agreement.

  • COVID-19 Vaccine Passports Pursuant to Texas Health and Safety Code, Section 161.0085(c), Contractor certifies that it does not require its customers to provide any documentation certifying the customer’s COVID-19 vaccination or post-transmission recovery on entry to, to gain access to, or to receive service from the Contractor’s business. Contractor acknowledges that such a vaccine or recovery requirement would make Contractor ineligible for a state-funded contract.

  • Verizon Operations Support Systems Verizon systems for pre- ordering, ordering, provisioning, maintenance and repair, and billing.

  • Fleet In general, any in-house mechanic may be assigned to respond to any emergency during normal working hours in any of the three operating companies. (This does not supersede the Mechanic Personnel Working Across 309 Jurisdictional Boundaries Agreement dated October 4, 2007). Example 1: Lincoln (CILCO) unit breaks down in the northern part of its territory. It would make sense for the Bloomington (rp) mechanic to respond to the service call. Lincoln staffs a 2nd shift mechanic only and the vehicle in need of repair is closer to the Bloomington garage. This example covers areas that both have Ameren in-house mechanics. Example 2: Any CIPS 702 units could be repaired by Ameren staffed mechanics in 702 territories. This would generally happen in areas that are in close proximity to an IP or CILCO garage. This example covers 702 CIPS areas that do not have Ameren in-house mechanics. These jobs currently are outsourced. Perform Preventive Maintenance on CIPS 702 equipment at individual operating centers where advantageous. This work is currently outsourced. It is not the company’s intent to perform all PM’s with in-house mechanics.

  • Mobile Banking Services Mobile Banking is a personal financial information management service that allows you to access account information and conduct transactions using compatible and supported mobile phones and/or other compatible and supported wireless devices (including phones, "Wireless Devices"). We reserve the right to modify the scope of the Mobile Banking services at any time. We reserve the right to refuse to make any transaction you request through Mobile Banking. You agree and understand that Mobile Banking may not be accessible or may have limited utility over some mobile telephone networks, such as while roaming.

  • Changes in Equipment, Systems, Etc USBFS reserves the right to make changes from time to time, as it deems advisable, relating to its systems, programs, rules, operating schedules and equipment, so long as such changes do not adversely affect the services provided to the Trust under this Agreement.

  • Capital Equipment Collaborator’s commitment, if any, to provide ICD with capital equipment to enable the research and development activities under the Research Plan appears in Appendix B. If Collaborator transfers to ICD the capital equipment or provides funds for ICD to purchase it, then ICD will own the equipment. If Collaborator loans capital equipment to ICD for use during the CRADA, Collaborator will be responsible for paying all costs and fees associated with the transport, installation, maintenance, repair, removal, or disposal of the equipment, and ICD will not be liable for any damage to the equipment.

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