Holding of Digital Assets Sample Clauses

Holding of Digital Assets. For holding the Digital Assets for its clients in custody, Finst makes use of SPV. SPV will hold all positions in Digital Assets for the clients of Finst in one or more wallets per digital currency in its own name. These wallets are hosted on the respective blockchains. The advantages and disadvantages of all positions so held for Client, are for the account and risk of Client. This means that all profits, such as price increases and received income, but also all losses, such as price decrease and specific costs, will be for the risk and account of Client and will be booked by Finst in the Balance.
AutoNDA by SimpleDocs
Holding of Digital Assets. For Digital Assets contributed to the Company, the Company shall be authorized to receive, control, secure, and hold the Digital Assets, unless otherwise agreed by the Token Holders. Additionally, the Company shall be further authorized to receive, control, secure, and hold any and all private key information (as defined by Wyo. Stat. § 00-00-000 (e)(iii), wallet access information, or any other information necessary to exercise control over the Digital Assets for use by the Company.
Holding of Digital Assets. VB20231204 For holding the Digital Assets for its clients in custody, Finst makes use of SPV. In relation to most Digital Assets, SPV will hold the positions in Digital Assets for the clients of Finst in one or more wallets per digital currency in its own name. These wallets are hosted on the respective blockchains. Where holding Digital Assets in a wallet in the name Crypto Services Agreement Finst B.V, Xxxxxxxxxxx 000, 0000 XX, Xxxxxxxxx, Xxx Xxxxxxxxxxx | xxx.xxxxx.xxx 8/21 of SPV directly on the respective blockchain, is not feasible, e.g. due to operational limitations, SPV may hold positions in Digital Assets with a third party such as an exchange or liquidity provider. The advantages and disadvantages of all positions so held for Client, are for the account and risk of Client. This means that all profits, such as price increases and received income, but also all losses, such as price decrease and specific costs, will be for the risk and account of Client and will be booked by Finst in the Balance.

Related to Holding of Digital Assets

  • Testing of Metering Equipment Connecting Transmission Owner shall inspect and test all of its Metering Equipment upon installation and at least once every two (2) years thereafter. If requested to do so by NYISO or Developer, Connecting Transmission Owner shall, at Developer’s expense, inspect or test Metering Equipment more frequently than every two (2) years. Connecting Transmission Owner shall give reasonable notice of the time when any inspection or test shall take place, and Developer and NYISO may have representatives present at the test or inspection. If at any time Metering Equipment is found to be inaccurate or defective, it shall be adjusted, repaired or replaced at Developer’s expense, in order to provide accurate metering, unless the inaccuracy or defect is due to Connecting Transmission Owner’s failure to maintain, then Connecting Transmission Owner shall pay. If Metering Equipment fails to register, or if the measurement made by Metering Equipment during a test varies by more than two percent from the measurement made by the standard meter used in the test, Connecting Transmission Owner shall adjust the measurements by correcting all measurements for the period during which Metering Equipment was in error by using Developer’s check meters, if installed. If no such check meters are installed or if the period cannot be reasonably ascertained, the adjustment shall be for the period immediately preceding the test of the Metering Equipment equal to one-half the time from the date of the last previous test of the Metering Equipment. The NYISO shall reserve the right to review all associated metering equipment installation on the Developer’s or Connecting Transmission Owner’s property at any time.

  • Timing of Disposition Data shall be disposed of by the following date: As soon as commercially practicable By (Insert Date]

  • Nature of Disposition Disposition shall be by destruction or deletion of data. Disposition shall be by a transfer of data. The data shall be transferred to the following site as follows: [Insert or attach special instructions]

  • Collocation of Switching Equipment CLEC may collocate any equipment that is necessary for Interconnection or access to Unbundled Network Elements.

  • New Equipment Where new types of equipment and/or operations, for which rates of pay are not established by this Agreement, are put into use after the ratification date of this Agreement within operations covered by this Agreement, rates governing such operations shall be subject to negotiations between the parties. This paragraph shall apply to all new types of equipment including office and clerical equipment. In the event agreement cannot be reached within sixty (60) days after the date such equipment is put into use, the matter may be submit- xxx to the National Grievance Committee for final disposition. Rates agreed upon or awarded shall be effective as of the date equipment is put to use.

  • Data Disposition When the contracted work has been completed or when the Data is no longer needed, except as noted above in Section 5.b, Data shall be returned to DSHS or destroyed. Media on which Data may be stored and associated acceptable methods of destruction are as follows: Data stored on: Will be destroyed by: Server or workstation hard disks, or Removable media (e.g. floppies, USB flash drives, portable hard disks) excluding optical discs Using a “wipe” utility which will overwrite the Data at least three (3) times using either random or single character data, or Degaussing sufficiently to ensure that the Data cannot be reconstructed, or Physically destroying the disk Paper documents with sensitive or Confidential Information Recycling through a contracted firm, provided the contract with the recycler assures that the confidentiality of Data will be protected. Paper documents containing Confidential Information requiring special handling (e.g. protected health information) On-site shredding, pulping, or incineration Optical discs (e.g. CDs or DVDs) Incineration, shredding, or completely defacing the readable surface with a coarse abrasive Magnetic tape Degaussing, incinerating or crosscut shredding

  • Special Equipment The Employer agrees to provide specialty tools, emergency supplies/equipment, testing equipment and safety equipment as needed to perform required duties as determined and authorized by the Chief or designee. The emergency supplies/equipment will include appropriate survival provisions and equipment for each permanent Maintenance Mechanic 4 and the Law Enforcement Communications Systems Supervisor when they are performing duties that would require such provisions and equipment. When necessary, the employer will replenish used or expired survival provisions and damaged and unusable equipment. All supplies and equipment will be returned to the employer when the employee is no longer performing the duties that would require the survival provisions and/or equipment.

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