Persons Who Are Restricted to Purchase Tokens Sample Clauses

Persons Who Are Restricted to Purchase Tokens. 4.5. The Tokens are not being offered or distributed to, as well as can not be resold or otherwise alienated by their holders to the following restricted persons ("Restricted Persons"):
Sample 1
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Persons Who Are Restricted to Purchase Tokens. ‌ The Tokens are not being offered or distributed to, as well as cannot be resold or otherwise alienated by their holders to the following restricted persons ("Restricted Persons"): • citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in The United States Of America (including its States And The District Of Columbia), Puerto Rico, The Virgin Islands Of The United States, iny other possessions of The United States Of America, and • citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in the country or territory where transactions with digital tokens are prohibited or in any manner restricted by applicable laws or regulations, or will become so prohibited or restricted at any time after this Agreement becomes effective. The Restricted Persons are strictly prohibited and restricted from purchasing and using the Tokens and MY PLACE X Team are not soliciting purchases and usage by Restricted Persons in any way. It is solely Xxxxx's obligation to verify at the time of making payment for the Tokens: • whether or not Buyer or a person he represents is a Restricted Person; • whether or not Buyer is allowed to purchase the Tokens under the applicable laws and regulations; and whether or not Buyer is allowed by applicable laws and regulations to use the Tokens in the manner specified at the Website. If a Restricted Person purchases the Tokens, such Restricted Person has done so on an unlawful, unauthorized and fraudulent basis. In such a case, any transactions and operations entered into by the Restricted Person in respect of the Tokens shall be null and void, including, but not limited to, the following: • transactions resulting from acceptance of this Agreement; • any transaction resulting from the acquisition of the Tokens; and • any payment operation. None of the MY PLACE X Team shall be bound by a transaction or an operation specified in this Agreement, and respective MY PLACE X may, in its sole discretion: • take all necessary and appropriate actions to apply and enforce the consequences of the void transactions and operations specified above; • notify the relevant authorities on the transaction or the operation in question; and • retain all the funds paid by the Restricted Person and either freeze them until the situation is resolved by the respective authority or transfer to the account specified by the relevant financial authority, or app...
Sample 1

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