Common use of Holdover for Non-Compliance Clause in Contracts

Holdover for Non-Compliance. eToro may, at its sole and exclusive discretion, withhold, delay or deny payment of the Fees in any of the following events: (i) eToro has reason to believe that the Affiliate's activity is not in compliance with any applicable law or regulation, including, without limitation to, CySEC Regulation, FCA Regulation, ASIC Regulation and/or any other applicable regulator; (ii) eToro has reason to believe that the Affiliate's activity is in breach of this Agreement including any representation or warranty made herein; (iii) the Affiliate has failed to complete any form as may be required by eToro or has completed misleading or incorrect information in a form provided by Affiliate to eToro; (iv) the Affiliate has failed to provide any document as may be demanded by eToro; and/or (v) eToro has been notified by any third party of the alleged infringement of property or rights (e.g. intellectual property rights) by the Affiliate or by the Affiliate's activity. Affiliate hereby irrevocably waives any claim or demand against eToro, its directors, officers, shareholders, employees in respect of such action taken by eToro.