Common use of Node Removal Clause in Contracts

Node Removal. In the event that any Member’s Node fails to comply with the Member Node Terms, whether due to multiple failures, the severity of any one or multiple failures, or the duration of any such failure(s) (each, a “Node Failure”) and Xxxxxx believes in its reasonable sole discretion, that such failure(s) may cause a negative effect on the Hedera Network or may subject Hedera, any Member(s), application developers or end users to any legal, compliance or business risks, Hedera may remove or require the removal of the Node from the Hedera Network.

Appears in 9 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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Node Removal. In the event that any Member’s Node fails to comply with the Member Node Terms, whether due to multiple failures, the severity of any one or multiple failures, or the duration of any such failure(s) (each, a “Node Failure”) and Xxxxxx Hedera believes in its reasonable sole discretion, that such failure(s) may cause a negative effect on the Hedera Network or may subject Hedera, any Member(s), application developers or end users to any legal, compliance or business risks, Hedera may remove or require the removal of the Node from the Hedera Network.

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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