Common use of Risks Related to Invalidation of Company Parties Transactions Clause in Contracts

Risks Related to Invalidation of Company Parties Transactions. Company Parties have taken a variety of actions relating to their business that, if successfully challenged for not complying with applicable legal requirements, could be invalidated or could result in the imposition of liabilities on respective Company Party. Since applicable legislation may subject to many different interpretations, respective Company Party may not be able to successfully defend any challenge brought against such transactions, and the invalidation of any such transactions or imposition of any such liability may, individually or in the aggregate, have a material adverse effect on the Platform.

Appears in 3 contracts

Samples: Agreement of Sale of Tokens, Token Agreement, Token Sale Agreement

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Risks Related to Invalidation of Company Parties Transactions. Company Parties have taken a variety of actions relating to their business that, if successfully challenged for not complying with applicable legal requirements, could be invalidated or could result in the imposition of liabilities on the respective Company Party. Since applicable legislation may subject to many different interpretations, the respective Company Party may not be able to successfully defend any challenge brought against such transactions, and the invalidation of any such transactions or imposition of any such liability may, individually or in the aggregate, have a material materially adverse effect on the Platform.

Appears in 1 contract

Samples: Tokens Purchase Agreement

Risks Related to Invalidation of Company Parties Transactions. Company Parties have taken a variety of actions relating to their its business that, if successfully challenged for not complying with applicable legal requirements, could be invalidated or could result in the imposition of liabilities on respective Company Party. Since applicable legislation may subject to many different interpretations, respective Company Party may not be able to successfully defend any challenge brought against such transactions, and the invalidation of any such transactions or imposition of any such liability may, individually or in the aggregate, have a material adverse effect on the Platform.

Appears in 1 contract

Samples: Agreement on Sale of Tokens

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Risks Related to Invalidation of Company Parties Transactions. The Company Parties have taken a variety of actions relating to their its business that, if successfully challenged for not complying with applicable legal requirements, could be invalidated or could result in the imposition of liabilities on respective Company Party. Since applicable legislation may subject to many different interpretations, respective Company Party may not be able to successfully defend any challenge brought against such transactions, and the invalidation of any such transactions or imposition of any such liability may, individually or in the aggregate, have a material adverse effect on the Platform.

Appears in 1 contract

Samples: Tokens Acquisition Agreement

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