Qualified Agents Sample Clauses
Qualified Agents. (a) Notwithstanding anything to the contrary provided herein, the Company will be expressly permitted to (at any time and from time to time) assign any one or more of its administrative obligations hereunder with respect to the Tokens to one or more Qualified Agents. Without limiting the generality, the Company may engage one or more Qualified Agents to:
(i) maintain and manage the Token Ledger (including keeping the same continuously updated and/or maintaining and ensuring the confidentiality and security of all of the information provided therein);
(ii) document or otherwise manage any and all transfers of Tokens by Token Holders;
(iii) direct and/or facilitate (to the extent manually required) any and all payments to be made under the Tokens to the Token Holders; and/or
(iv) act as the primary liaison between the Company and the Token Holders and/or any Token Trading Platform.
(b) If, and to the extent, the Company engages a Qualified Agent it will promptly (and in any event within five (5) business days) give each Token Holder written notice of the same (each such notice, an “QA Notice”). Each such QA Notice will include, at a minimum: (i) the name of the respective Qualified Agent and the contact information of the principal contact of such Qualified Agent; and (ii) a reasonable description of the particular administrative obligations of the Company assigned to such Qualified Agent.
Qualified Agents. (a) Notwithstanding anything to the contrary provided herein, the Company will be expressly permitted to (at any time and from time to time) assign any one or more of its administrative obligations hereunder with respect to the Coins to one or more Qualified Agents. Without limiting the generality, the Company may engage one or more Qualified Agents to:
(i) maintain and manage the Framework (or any portion thereof);
(ii) maintain and manage the Coin Ledger (including keeping the same continuously updated and/or maintaining and ensuring the confidentiality and security of all of the information provided therein);
(iii) direct and/or facilitate (to the extent manually required) any and all payments to be made under the Coin to the Coin Holders; and/or
(iv) act as the primary liaison between the Company and the Coin Holders.
(b) If, and to the extent, the Company engages a Qualified Agent it will promptly (and in any event within five (5) business days) give each holder of a then active Framework Account written notice of the same (each such notice, an “QA Notice”). Each such QA Notice will include, at a minimum: (i) the name of the respective Qualified Agent and the contact information of the principal contact of such Qualified Agent; and (ii) a reasonable description of the particular administrative obligations of the Company assigned to such Qualified Agent.
Qualified Agents. ▇▇▇▇▇ ▇▇▇▇▇▇ will ensure that each Registered Representative recommended for appointment as agent of MetLife is licensed under the applicable state insurance laws when proposed for appointment, has completed any educational program required by applicable Law and is otherwise in good standing with all agencies regulating the sale of the Contracts. Upon request, ▇▇▇▇▇ ▇▇▇▇▇▇ will furnish MetLife with proof reasonably acceptable to both parties that the Registered Representative has satisfied licensing requirements. ▇▇▇▇▇ ▇▇▇▇▇▇ will not knowingly designate anyone for appointment to MetLife to conduct insurance business who has been convicted of a felony involving dishonesty or breach of trust intended to be covered under 18 USC (S) l033 (Federal Crime ▇▇▇▇) or who has not otherwise received consent and/or waiver of an authorized insurance regulator to engage in the insurance business in spite of such felony conviction.
Qualified Agents. Either party may enforce the procedures set forth in this section in any manner permitted by law or equity.