Common use of Risk of Government Action Clause in Contracts

Risk of Government Action. The industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the Tokens or the development of the Project.

Appears in 8 contracts

Samples: Token Sale Agreement, Terms of Token Sale, Token Sales Agreement

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Risk of Government Action. The industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company or and/or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s 's reputation or lead to higher operational costs, which may in turn have a material adverse effect on the LETCOINSHOP Tokens or and/or the development of the ProjectLETCOINSHOP PLATFORM.

Appears in 2 contracts

Samples: Token Purchase Agreement, Token Purchase Agreement

Risk of Government Action. The industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company or and/or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the BULK TRADER Tokens or and/or the development of the ProjectBULK TRADER PLATFORM.

Appears in 1 contract

Samples: Token Purchase Agreement

Risk of Government Action. The industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the Security Tokens or the development of the Project.

Appears in 1 contract

Samples: Token Purchase Agreement

Risk of Government Action. The industry in which the Company operates Parties operate is new, new and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of the Company or Parties and/or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particularthem. All of this may subject Company Parties to judgments, settlements, fines or penaltiespenCM2Ties, or cause Company Parties to restructure its their operations and activities or to cease offering certain products or services, all of which could harm Company’s Company Parties' reputation or lead to higher operational costs, which may may, in turn turn, have a material adverse effect on the Tokens or and/or the development of the ProjectPlatform.

Appears in 1 contract

Samples: Tokens Acquisition Agreement

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Risk of Government Action. The industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the Tokens Coins or the development of the Project.

Appears in 1 contract

Samples: Coin Purchase Agreement

Risk of Government Action. The As noted above, the industry in which Company operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company or company and/or pursue enforcement actions against Companycompany. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company to judgments, settlements, fines or penalties, or cause Company company to restructure its operations and activities or to cease offering certain products or services, all of which could harm Company’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the Tokens or and/or the development of the ProjectMDL™ Talent Hub Platform.

Appears in 1 contract

Samples: Token Purchase Agreement

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