Common use of Settlement Services Clause in Contracts

Settlement Services. In support of trading that may occur on an exchange, matching mechanism or matching platform, a request-for-quote system, a brokerage network, or any combination of the foregoing (through which participants may enter into transactions for cryptocurrencies), Zero Hash may function as a calculation agent, acting in good faith and in a commercially reasonable manner to make determinations relating to any adjustments, obligations, disruptions, valuations, and settlements that occur throughout the duration of a transaction for cryptocurrencies. By placing an order through the Platform or through the Zero Hash System, you are buying or selling cryptocurrency from and to other Zero Hash users, which may include, but is not limited to, ZHLS, the Platform, or liquidity providers. Zero Hash shall calculate the transaction obligations due under open Cryptocurrency Transactions using any of the following information: (i) index values published by Zero Hash; (ii) published settlement price data provided by any liquidity provider(s) or, if applicable, the Platform; and (iii) Cryptocurrency Transaction information provided by any liquidity provider(s) or, if applicable, the Platform. Where applicable, Zero Hash will display transaction obligations owed by or to you via either the Platform or via the Zero Hash System.

Settlement Services. In support of trading that may occur on an exchange, matching mechanism or matching platform, a request-for-quote system, a brokerage network, or any combination of the foregoing (through which participants may enter into transactions for cryptocurrencies), Zero Hash may function as a calculation agent, acting in good faith and in a commercially reasonable manner to make determinations relating to any adjustments, obligations, disruptions, valuations, and settlements that occur throughout the duration of a transaction for cryptocurrencies. By placing an order through the Platform or through the Zero Hash System, you are buying or selling cryptocurrency from and to other Zero Hash users, which may include, but is not limited to, include ZHLS, the Platform, or liquidity providers. Zero Hash shall calculate the transaction obligations due under open Cryptocurrency Transactions using any of the following information: (i) index values published by Zero Hash; (ii) published settlement price data provided by any liquidity provider(s) or, if applicable, the Platform; and (iii) Cryptocurrency Transaction information provided by any liquidity provider(s) or, if applicable, the Platform. Where applicable, Zero Hash will display transaction obligations owed by or to you via either the Platform or via the Zero Hash System.

Settlement Services. In support of trading that may occur on an exchange, matching mechanism or matching platform, a request-for-quote system, a brokerage network, or any combination of the foregoing (through which participants may enter into transactions for cryptocurrencies), Zero Hash may function as a calculation agent, acting in good faith and in a commercially reasonable manner to make determinations relating to any adjustments, obligations, disruptions, valuations, and settlements that occur throughout the duration of a transaction for cryptocurrencies. By placing an order through the Platform or through the Zero Hash System, you are buying or selling cryptocurrency from and to other Zero Hash users, which may include, but is not limited to, ZHLSa Zero Hash affiliate, the Platform, or liquidity providers. Zero Hash shall calculate the transaction obligations due under open Cryptocurrency Transactions using any of the following information: (i) index values published by Zero Hash; (ii) published settlement price data provided by any liquidity provider(s) or, if applicable, the Platform; and (iii) Cryptocurrency Transaction information provided by any liquidity provider(s) or, if applicable, the Platform. Where applicable, Zero Hash will display transaction obligations owed by or to you via either the Platform or via the Zero Hash System.