Common use of Jurisdiction-specific Legal Disclosures Clause in Contracts

Jurisdiction-specific Legal Disclosures. ArtFi maintains licenses and registrations in certain jurisdictions to provide you our Services. These licenses or registrations may impact our provision and your use of our services depending on where you live or are domiciled. Information regarding certain of ArtFi’s licenses and registrations, or lack thereof, and corresponding disclosures can be found on the ArtFi website pages, which is incorporated into these Terms by reference. By creating an ArtFi account, you acknowledge that you have read, understand and agree to those disclosures that are applicable to you. We are furnishing this document to you to provide some basic facts about purchasing digital assets and to alert you to the risks involved with trading digital assets. Before trading assets, you should carefully review this disclosure statement. Please contact us through support regarding any questions or concerns you may have with your margin accounts. When you purchase new digital assets for existing digital asset or vice versa, you may pay in full with your own funds or by posting assets in your account as collateral, with funds (stakes) provided by ArtFi to you. If the collateral supporting your transaction declines in value by an amount speci1ed by ArtFi, you authorize ArtFi to issue a margin call and/or sell assets in your account, in order to maintain equity in the account that meets or exceeds the minimum margin requirement. It is important that you fully understand the unique risks involved in transacting in digital assets before determining whether such trading is appropriate for you. These risks include the following: ● Using Digital Asset to support spot transactions poses a high degree of financial risk and is not suitable for everyone. The use of leverage can work against you as well as for you and can lead to large losses as well as gains. You should examine your 1nancial objectives, 1nancial resources and risk tolerance to determine whether receiving NFT’s against the assets in your ArtFi Account is appropriate for you. ● You can rapidly lose all of the funds you deposit for trading and may lose more funds than you deposit in your ArtFi account. The prices of digital assets are highly volatile and a decline in the value of assets that are purchased or sold may require you to provide additional funds to us, on short notice or with no notice, to avoid the automatic liquidation of assets in your account(s). ● You authorize us to sell assets in your account without further notice to you. If the equity in your account falls below our margin requirements to oIer you NFT, you authorize ArtFi to sell assets in your account to cover the de1ciency. You will be responsible for any shortfall in the account after such a sale. As Digital Asset markets, applicable when NFT is listed, are open 24 hours a day, 7 days a week, calls and liquidations may occur at any time, including outside of normal business hours. ● You authorize us to sell your assets without contacting you. Do not mistakenly believe that we must contact you for a transaction call to be valid, and that we may not liquidate assets in your account unless we have contacted you 1rst. This is not the case. We will attempt to notify you of transaction calls, but we are not required to do so speci1cally other than what is shown to you on screen during the transaction of NFT. Moreover, even if we have contacted you and provided a speci1c date by which you must meet a transaction balance, we may still immediately sell assets in your account without notice to you and without waiting for the speci1c date to meet a requirement. ● We can increase maintenance requirements with advance notice. The maintenance requirements may result in the issuance of a maintenance call. Your failure to satisfy the call may cause us to liquidate or sell assets in your account(s). We are not responsible for delays in the release of funds intended to satisfy the call, including but not limited to internal holds on funds exceeding veri1cation limits, delays in the transfer of funds from external accounts maintained by third-party 1nancial institutions, and failure of proper routing of funds through 1nancial networks. The funds will not count towards meeting the maintenance requirements until the funds are released. Our Company may partner with third party or other service providers or a 1nancial services software company, to oIer you EFTs. When you create a ArtFi Account, you may also be prompted to sign up for such a User Account if any. You authorize our Company to share your identity and banking information with such third parties to open and support your ArtFi Account as further detailed in our Privacy Policy and third party’s Privacy Policy. It is your responsibility to make sure the data you provide us is accurate and complete. Additionally, you are responsible for complying with such third party terms when using your User Account. IT IS YOUR RESPONSIBILITY TO READ AND UNDERSTAND THE THIRD PARTY TERMS, AS IT CONTAINS TERMS AND CONDITIONS RELATING TO YOUR ETF USER ACCOUNT, INCLUDING BUT NOT LIMITED TO YOUR RIGHTS, LIMITATIONS, REVERSAL AND OTHER LIABILITIES, LIMITATION OF LIABILITY AND BINDING ARBITRATION PROVISIONS.

Appears in 1 contract

Samples: User Agreement

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Jurisdiction-specific Legal Disclosures. ArtFi Detrix maintains licenses and registrations in certain jurisdictions to provide you our Services. These licenses or registrations may impact our provision and your use of our services depending on where you live or are domiciled. Information regarding certain of ArtFiDetrix’s licenses and registrations, or lack thereof, and corresponding disclosures can be found on the ArtFi Detrix website pages, which is incorporated into these Terms by reference. By creating an ArtFi a Detrix account, you acknowledge that you have read, understand and agree to those disclosures that are applicable to you. We are furnishing this document to you to provide some basic facts about purchasing digital assets and to alert you to the risks involved with trading digital assets. Before trading assets, you should carefully review this disclosure statement. Please contact us through support regarding any questions or concerns you may have with your margin accounts. When you purchase new digital assets (DETRIX) for existing digital asset or vice versa, you may pay in full with your own funds or by posting assets in your account as collateral, with funds (stakes) provided by ArtFi Detrix to you. If the collateral supporting your transaction declines in value by an amount speci1ed by ArtFiXxxxxx, you authorize ArtFi Detrix to issue a margin call and/or sell assets in your account, in order to maintain equity in the account that meets or exceeds the minimum margin requirement. It is important that you fully understand the unique risks involved in transacting in digital assets before determining whether such trading is appropriate for you. These risks include the following: ● Using Digital Asset DETRIX to support spot transactions poses a high degree of financial risk and is not suitable for everyone. The use of leverage can work against you as well as for you and can lead to large losses as well as gains. You should examine your 1nancial objectives, 1nancial resources and risk tolerance to determine whether receiving NFT’s DETRIX against the assets in your ArtFi Detrix Account is appropriate for you. ● You can rapidly lose all of the funds you deposit for trading and may lose more funds than you deposit in your ArtFi Detrix account. The prices of digital assets are highly volatile and a decline in the value of assets that are purchased or sold may require you to provide additional funds to us, on short notice or with no notice, to avoid the automatic liquidation of assets in your account(s). ● You authorize us to sell assets in your account without further notice to you. If the equity in your account falls below our margin requirements to oIer you NFTDETRIX, you authorize ArtFi Detrix to sell assets in your account to cover the de1ciency. You will be responsible for any shortfall in the account after such a sale. As Digital Asset markets, applicable when NFT DETRIX is listed, are open 24 hours a day, 7 days a week, calls and liquidations may occur at any time, including outside of normal business hours. ● You authorize us to sell your assets without contacting you. Do not mistakenly believe that we must contact you for a transaction call to be valid, and that we may not liquidate assets in your account unless we have contacted you 1rst. This is not the case. We will attempt to notify you of transaction calls, but we are not required to do so speci1cally other than what is shown to you on screen during the transaction of NFTDETRIX. Moreover, even if we have contacted you and provided a speci1c date by which you must meet a transaction balance, we may still immediately sell assets in your account without notice to you and without waiting for the speci1c date to meet a requirement. ● We can increase maintenance requirements with advance notice. The maintenance requirements may result in the issuance of a maintenance call. Your failure to satisfy the call may cause us to liquidate or sell assets in your account(s). We are not responsible for delays in the release of funds intended to satisfy the call, including but not limited to internal holds on funds exceeding veri1cation limits, delays in the transfer of funds from external accounts maintained by third-party 1nancial institutions, and failure of proper routing of funds through 1nancial networks. The funds will not count towards meeting the maintenance requirements until the funds are released. These are most applicable in case of staking rewards and locking of funds during the staking period or during the period the oIer of premium services under the DETRIX platform are oIered against utilising DETRIX tokens. Our Company may partner with third party or other service providers or a 1nancial services software company, to oIer you EFTs. When you create a ArtFi Detrix Account, you may also be prompted to sign up for such a User Account if any. You authorize our Company to share your identity and banking information with such third parties to open and support your ArtFi Detrix Account as further detailed in our Privacy Policy and third party’s Privacy Policy. It is your responsibility to make sure the data you provide us is accurate and complete. Additionally, you are responsible for complying with such third party terms when using your User Account. IT IS YOUR RESPONSIBILITY TO READ AND UNDERSTAND THE THIRD PARTY TERMS, AS IT CONTAINS TERMS AND CONDITIONS RELATING TO YOUR ETF EFT USER ACCOUNT, INCLUDING BUT NOT LIMITED TO YOUR RIGHTS, LIMITATIONS, REVERSAL AND OTHER LIABILITIES, LIMITATION OF LIABILITY AND BINDING ARBITRATION PROVISIONS.

Appears in 1 contract

Samples: User Agreement

Jurisdiction-specific Legal Disclosures. ArtFi Selene NFT Gaming Platform maintains licenses and registrations in certain jurisdictions to provide you our Services. These licenses or registrations may impact our provision and your use of our services depending on where you live or are domiciled. Information regarding certain of ArtFiSelene NFT Gaming Platform’s licenses and registrations, or lack thereof, and corresponding disclosures can be found on the ArtFi website pages, which is incorporated into these Terms by reference. By creating an ArtFi account, you acknowledge that you have read, understand and agree to those disclosures that are applicable to you. We are furnishing this document to you to provide some basic facts about purchasing NFTs or digital assets or legal tender on margin, and to alert you to the risks involved with trading digital assetsassets in a margin account. Before trading assetsassets in a margin account, you should carefully review this disclosure statement. Please contact us through support regarding any questions or concerns you may have with your margin accounts. When you purchase new NFTs, digital assets for existing digital asset legal tender or its equivalent or vice versa, you may pay in full with your own funds or by posting assets in your account as collateral, with funds (stakes) provided by ArtFi Selene NFT Gaming Platform to youyou pursuant to an extension of margin. If the collateral supporting your transaction extension of margin declines in value by an amount speci1ed by ArtFiSelene NFT Gaming Platform, you authorize ArtFi Selene NFT Gaming Platform to issue a margin call and/or sell assets in your account, in order to maintain equity in the account that meets or exceeds the minimum maintenance margin requirement. It is important that you fully understand the unique risks involved in transacting in digital trading assets using extensions of margin before determining whether such trading is appropriate for you. These risks include the following: ● Using Digital Asset margin to support spot transactions poses a high degree of financial risk and is not suitable for everyone. The use of leverage can work against you as well as for you and can lead to large losses as well as gains. You should examine your 1nancial objectives, 1nancial resources and risk tolerance to determine whether receiving NFT’s against extensions of margin secured by the assets in your ArtFi Selene NFT Gaming Platform Account is appropriate for you. ● You can rapidly lose all of the funds you deposit for trading and may lose more funds than you deposit in your ArtFi Selene NFT Gaming Platform account. The prices of NFT gaming digital assets are highly volatile and a decline in the value of assets that are purchased or sold on margin may require you to provide additional funds to us, on short notice or with no notice, to avoid the automatic liquidation of assets in your account(s). ● You authorize us to sell assets in your account without further notice to you. If the equity in your account falls below our maintenance margin requirements to oIer you NFTrequirements, you authorize ArtFi Selene NFT Gaming Platform to sell assets in your account to cover the margin de1ciency. You will be responsible for any shortfall in the account after such a sale. As Digital Asset markets, applicable when NFT is listed, markets are open 24 hours a day, 7 days a week, margin calls and liquidations may occur at any time, including outside of normal business hours. ● You authorize us to sell your assets without contacting you. Do not mistakenly believe that we must contact you for a transaction margin call to be valid, and that we may not liquidate assets in your account unless we have contacted you 1rst. This is not the case. We will attempt to notify you of transaction margin calls, but we are not required to do so speci1cally other than what is shown to you on screen during the transaction of NFTso. Moreover, even if we have contacted you and provided a speci1c date by which you must meet a transaction balancemargin call, we may still immediately sell assets in your account without notice to you and without waiting for the speci1c date to meet a requirementmargin call. ● We can increase maintenance margin requirements with advance notice. The maintenance margin requirements may result in the issuance of a maintenance margin call. Your failure to satisfy the call may cause us to liquidate or sell assets in your account(s). We are not responsible for delays in the release of funds intended to satisfy the call, including but not limited to internal holds on funds exceeding veri1cation limits, delays in the transfer of funds from external accounts maintained by third-party 1nancial institutions, and failure of proper routing of funds through 1nancial networks. The funds will not count towards meeting the maintenance margin requirements until the funds are released. Our ● You are not entitled to an extension of time on a margin call. While Selene NFT Gaming Platform might grant you an extension of time to meet margin requirements under certain conditions, you do not have a right to the extension. Electronic Fund Transfers ("EFTs") and Account Balances. By creating a Selene NFT Gaming Platform Account and initiating bank deposits or withdrawals (i.e., EFTs), you agree to the terms of service and privacy policy of our third party providers, if any, who terms may be incorporated herein by reference. Terms not de1ned in this section shall be de1ned in third party providers, if any, own’s website on redirect or upon using of third party service. The Company may partner with third party OTC desks or other service liquidity providers or a 1nancial services software company, to oIer you EFTs. When you create a ArtFi Selene NFT Gaming Platform Account, you may also be prompted to sign up for a such a User Account if any. You authorize our the Company to share your identity and banking information with such third parties party to open and support your ArtFi Selene NFT Gaming Platform Account as further detailed in our Privacy Policy and third party’s Privacy Policy. It is your responsibility to make sure the data you provide us is accurate and complete. Additionally, you are responsible for complying with such third party terms when using your User Account. IT IS YOUR RESPONSIBILITY TO READ AND UNDERSTAND THE THIRD PARTY TERMS, AS IT CONTAINS TERMS AND CONDITIONS RELATING TO YOUR ETF USER ACCOUNT, INCLUDING BUT NOT LIMITED TO YOUR RIGHTS, LIMITATIONS, REVERSAL AND OTHER LIABILITIES, LIMITATION OF LIABILITY AND BINDING ARBITRATION PROVISIONS.. ADDENDUM: Auctioning Staking Services ("Auctioning or Staking Addendum")

Appears in 1 contract

Samples: User Agreement

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Jurisdiction-specific Legal Disclosures. ArtFi Crypto Smartlife maintains licenses and registrations in certain jurisdictions to provide you our Services. These licenses or registrations may impact our provision and your use of our services depending on where you live or are domiciled. Information regarding certain of ArtFiCrypto Smartlife’s licenses and registrations, or lack thereof, and corresponding disclosures can be found on the ArtFi Crypto Smartlife website pages, which is incorporated into these Terms by reference. By creating an ArtFi a Crypto Smartlife account, you acknowledge that you have read, understand and agree to those disclosures that are applicable to you. We are furnishing this document to you to provide some basic facts about purchasing digital assets and to alert you to the risks involved with trading digital assets. Before trading assets, you should carefully review this disclosure statement. Please contact us through support regarding any questions or concerns you may have with your margin accounts. When you purchase new digital assets for existing digital asset or vice versa, you may pay in full with your own funds or by posting assets in your account as collateral, with funds (stakes) provided by ArtFi Crypto Smartlife to you. If the collateral supporting your transaction declines in value by an amount speci1ed specified by ArtFiCrypto Smartlife, you authorize ArtFi Crypto Smartlife to issue a margin call and/or sell assets in your account, in order to maintain equity in the account that meets or exceeds the minimum margin requirement. It is important that you fully understand the unique risks involved in transacting in digital assets before determining whether such trading is appropriate for you. These risks include the following: ● Using Digital Asset digital asset to support spot transactions poses a high degree of financial risk and is not suitable for everyone. The use of leverage can work against you as well as for you and can lead to large losses as well as gains. You should examine your 1nancial financial objectives, 1nancial financial resources and risk tolerance to determine whether receiving NFT’s digital assets against the assets in your ArtFi Crypto Smartlife Account is appropriate for you. ● You can rapidly lose all of the funds you deposit for trading and may lose more funds than you deposit in your ArtFi Crypto Smartlife account. The prices of digital assets are highly volatile and a decline in the value of assets that are purchased or sold may require you to provide additional funds to us, on short notice or with no notice, to avoid the automatic liquidation of assets in your account(s). ● You authorize us to sell assets in your account without further notice to you. If the equity in your account falls below our margin requirements to oIer o"er you NFTdigital assets, you authorize ArtFi Crypto Smartlife to sell assets in your account to cover the de1ciencydeficiency. You will be responsible for any shortfall in the account after such a sale. As Digital Asset markets, applicable when NFT is listed, markets are open 24 hours a day, 7 days a week, calls and liquidations may occur at any time, including outside of normal business hours. ● You authorize us to sell your assets without contacting you. Do not mistakenly believe that we must contact you for a transaction call to be valid, and that we may not liquidate assets in your account unless we have contacted you 1rstfirst. This is not the case. We will attempt to notify you of transaction calls, but we are not required to do so speci1cally specifically other than what is shown to you on screen during the transaction of NFTthe digital asset. Moreover, even if we have contacted you and provided a speci1c specific date by which you must meet a transaction balance, we may still immediately sell assets in your account without notice to you and without waiting for the speci1c specific date to meet a requirement. ● We can increase maintenance requirements with advance notice. The maintenance requirements may result in the issuance of a maintenance call. Your failure to satisfy the call may cause us to liquidate or sell assets in your account(s). We are not responsible for delays in the release of funds intended to satisfy the call, including but not limited to internal holds on funds exceeding veri1cation verification limits, delays in the transfer of funds from external accounts maintained by third-party 1nancial financial institutions, and failure of proper routing of funds through 1nancial financial networks. The funds will not count towards meeting the maintenance requirements until the funds are released. These are most applicable in case of staking rewards and locking of funds during the staking period or during the period the o"er of premium services under the Crypto Smartlife platform are o"ered against utilising digital asset tokens. Our Company may partner with third party or other service providers or a 1nancial financial services software company, to oIer o"er you EFTs. When you create a ArtFi Crypto Smartlife Account, you may also be prompted to sign up for such a User Account if any. You authorize our Company to share your identity and banking information with such third parties to open and support your ArtFi Crypto Smartlife Account as further detailed in our Privacy Policy and third party’s Privacy Policy. It is your responsibility to make sure the data you provide us is accurate and complete. Additionally, you are responsible for complying with such third party terms when using your User Account. IT IS YOUR RESPONSIBILITY TO READ AND UNDERSTAND THE THIRD PARTY TERMS, AS IT CONTAINS TERMS AND CONDITIONS RELATING TO YOUR ETF USER ACCOUNT, INCLUDING BUT NOT LIMITED TO YOUR RIGHTS, LIMITATIONS, REVERSAL AND OTHER LIABILITIES, LIMITATION OF LIABILITY AND BINDING ARBITRATION PROVISIONS.

Appears in 1 contract

Samples: User Agreement

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