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, quasi-governmental, regulatory or other similar types of (including banking) authorities will not examine the operations of Company 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 Blockstack Tokens and/or the development of the Blockstack Platform.

Appears in 2 contracts

Samples: Token Purchase Agreement (Blockstack Inc.), Token Purchase Agreement (Blockstack Token LLC)

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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, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine the operations of Company 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 Blockstack CASE Tokens and/or the development of the Blockstack PlatformCASE Ecosystem.

Appears in 2 contracts

Samples: Simple Agreement for Future Tokens (Saft), Simple Agreement for Future Tokens (Saft)

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, quasi-governmental, regulatory or other similar types of (including banking) authorities will not examine the operations of Company 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 Blockstack Stacks Tokens and/or the development of the Blockstack Platform.

Appears in 2 contracts

Samples: Token Purchase Agreement (Blockstack Inc.), Token Purchase Agreement (Blockstack Token LLC)

Risk of Government Action. The industry in which the Company operates and the Company Affiliates operate is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine the operations of the Company and/or the Company Affiliates 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 the Company and/or the Company Affiliates to judgments, settlements, fines or penalties, or cause the Company and/or Company Affiliates to restructure its their operations and activities or to cease offering certain products or services, all of which could harm Company’s the Company and/or the Company Affiliates' reputation or lead to higher operational costs, which may in turn have a material adverse effect on the Blockstack Tokens and/or the development of the Blockstack Platformplatform supporting the Tokens.

Appears in 2 contracts

Samples: Token Sale Agreement, Token Sale 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, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine the operations of Company 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 12 material adverse effect on the Blockstack CLEAR Tokens and/or the development of the Blockstack PlatformClearFoundation Software and/or delivery of the ClearCenter Products.

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, quasi-governmental, regulatory or other similar types of (including banking) authorities will not examine the operations of Company 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 Blockstack Tokens Hunter Diamonds and/or the development of the Blockstack PlatformToken Hunters Game.

Appears in 1 contract

Samples: Token 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 enfor- cement actions. There can be no assurance that governmental, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine exa- mine the operations of Company and/or pursue enforcement actions against Company. Such governmental activities may or may not be the result of targeting Company in particularparti- cular. 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 Blockstack Tokens UNTD Coins and/or the development of the Blockstack YOUnited Platform.

Appears in 1 contract

Samples: Untd Coin Purchase Agreement

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Risk of Government Action. The As noted above, the industry in which the 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, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine the operations of Company and/or pursue enforcement actions against the Company. Such governmental activities may or may not be the result of targeting the Company in particular. All of this may subject the 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 Blockstack $SUPA Tokens and/or the development of the Blockstack PlatformNFT based PVP-style Play-To-Earn game.

Appears in 1 contract

Samples: Terms of Use

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, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine the operations of Company 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 Blockstack AST Tokens and/or the development of the Blockstack PlatformHUMENA business projects.

Appears in 1 contract

Samples: Token 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, quasi-governmental, regulatory or other similar types of (including banking) governmental authorities will not examine the operations of Company 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 Blockstack Upthinity Tokens and/or the development of the Blockstack PlatformUpthinity Software.

Appears in 1 contract

Samples: Membership Purchase Agreement

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