Common use of Settlement of the Crypto Transactions Clause in Contracts

Settlement of the Crypto Transactions. 12.1. Trade Republic settles Crypto Transactions within Germany, unless the following terms and conditions or another agreement provide for acquisition outside of Germany. For German domestic settlement, Trade Republic provides the Customer with a stock of Crypto Assets held by the Crypto Custodian. In this regard, Trade Republic shall provide the Crypto Custodian with a list of holdings, and thereby inform the Crypto Custodian which Customers are entitled to any Crypto Assets. In addition, Trade Republic instructs the trading venue to perform a peak settlement vis-à-vis the Crypto Custodian. With these notifications Trade Republic has fulfilled its Crypto Transactions obligation towards the Customers.

Appears in 14 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Settlement of the Crypto Transactions. 12.113.1. Trade Republic settles Crypto Transactions within GermanyGerman domestically, unless the following terms and conditions or another agreement provide for acquisition outside of Germany. For German domestic settlement, Trade Republic provides the Customer with a stock of Crypto Assets crypto assets held by the Crypto Custodian. In this regard, Trade Republic shall provide the Crypto Custodian with a list of holdingsholdings once per business day, and thereby inform notifying the Crypto Custodian which Customers are entitled to any Crypto Assetscrypto assets. In addition, Trade Republic instructs the trading venue to perform a peak settlement once per business day vis-à-vis the Crypto Custodian. With these notifications Trade Republic has fulfilled its obligation from Crypto Transactions obligation towards the Customers.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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