Common use of SUSPENSION, CLOSURE, AND TERMINATION Clause in Contracts

SUSPENSION, CLOSURE, AND TERMINATION. a. Your Wallet does not expire and will remain valid until cancelled by either you or LATOKEN. b. Within 14 days of the date of opening your Wallet you have the right to close your Wallet at no cost by contacting LATOKEN and requesting that in writing. c. Upon closing of your Wallet, you hereby authorize LATOKEN to cancel or suspend pending transactions and, return Digital Assets associated with such transactions to the wallet address you provide to LATOKEN. In the event that you or LATOKEN terminates this Agreement or your access to the Services, or deactivates or cancels your Wallet, you will remain liable for all obligations relating to your Wallet even after your Wallet has been closed. In the event that a technical problem causes system outage or Wallet errors, LATOKEN may temporarily suspend access to your Wallet until the problem is resolved. When your Wallet is closed, it cannot be used. You will be permitted to transfer Digital Assets associated with your Wallet within ninety (90) days after Wallet deactivation or cancellation unless such transfer is prohibited (i) under the law, or (ii) by a valid subpoena or court order. After cancellation of your Wallet you have to provide in writing via email at xxxxxxx@xxxxxxx.xxx an eligible and sufficient external Wallet address (external Wallets are not associated with LATOKEN) for transfer Digital Assets less transaction fees storing at your Wallet at LATOKEN. In case of insufficiency and ineligibility of external Wallet LATOKEN may request eligible and sufficient details. All claims for Digital Assets under the Agreement expire in 12 months (365 days from the Wallet deactivation). Closing your Wallet does not mean that We delete the personal data that We hold on you and We will continue to store such data, including the history of your transactions for a minimum period of five years as required by law. d. We may terminate this Agreement and close your Wallet by giving you a 14-day notice, unless LATOKEN Privacy Policy or paragraph e. of this section states otherwise, via email with or without reason.

SUSPENSION, CLOSURE, AND TERMINATION. a. Your Wallet does not expire and will remain valid until cancelled by either you or LATOKEN. b. Within 14 days of the date of opening your Wallet you have the right to close your Wallet at no cost by contacting LATOKEN and requesting that in writing. c. Upon closing of your Wallet, you hereby authorize LATOKEN to cancel or suspend pending transactions and, return Digital Assets associated with such transactions to the wallet address you provide to LATOKEN. In the event that you or LATOKEN terminates this Agreement or your access to the Services, or deactivates or cancels your Wallet, you will remain liable for all obligations relating to your Wallet even after your Wallet has been closed. In the event that a technical problem causes system outage or Wallet errors, LATOKEN may temporarily suspend access to your Wallet until the problem is resolved. When your Wallet is closed, it cannot be used. You will be permitted to transfer Digital Assets and Fiat Assets associated with your Wallet within ninety (90) days after Wallet deactivation or cancellation unless such transfer is prohibited (i) under the law, or (ii) by a valid subpoena or court order. After cancellation of your Wallet you have to provide in writing via email at xxxxxxx@xxxxxxx.xxx an (A) eligible and sufficient external Wallet address (external Wallets are not associated with LATOKEN) for transfer Digital Assets less transaction fees storing at your Wallet at LATOKEN (B) eligible and sufficient bank account details or card number for transferring Fiat Assets less transaction fees storing at your Wallet at LATOKEN. In case of insufficiency and ineligibility of external Wallet or User bank account details or card number LATOKEN may request eligible and sufficient details. All claims for Digital Assets and Fiat Assets under the Agreement expire in 12 months (365 days from the Wallet deactivation). Closing your Wallet does not mean that We delete the personal data that We hold on you and We will continue to store such data, including the history of your transactions for a minimum period of five years as required by law. d. We may terminate this Agreement and close your Wallet by giving you a 14-day notice, unless LATOKEN Privacy Policy or paragraph e. of this section states otherwise, via email with or without reason.

SUSPENSION, CLOSURE, AND TERMINATION. a. Your Wallet does not expire and will remain valid until cancelled by either you or LATOKEN. b. Within 14 days of the date of opening your Wallet you have the right to close your Wallet at no cost by contacting LATOKEN and requesting that in writing. c. Upon closing of your Wallet, you hereby authorize LATOKEN to cancel or suspend pending transactions and, return Digital Assets associated with such transactions to the wallet address you provide to LATOKEN. In the event that you or LATOKEN terminates this Agreement or your access to the Services, or deactivates or cancels your Wallet, you will remain liable for all obligations relating to your Wallet even after your Wallet has been closed. In the event that a technical problem causes system outage or Wallet errors, LATOKEN may temporarily suspend access to your Wallet until the problem is resolved. When your Wallet is closed, it cannot be used. You will be permitted to transfer Digital Assets and Fiat Assets associated with your Wallet within ninety (90) days after Wallet deactivation or cancellation unless such transfer is prohibited (i) under the law, or (ii) by a valid subpoena or court order. After cancellation of your Wallet you have to provide in writing via email at xxxxxxx@xxxxxxx.xxx an (A) eligible and sufficient external Wallet address (external Wallets are not associated with LATOKEN) for transfer Digital Assets less transaction fees storing at your Wallet at LATOKEN (B) eligible and sufficient bank account details or card number for transferring Fiat Assets less transaction fees storing at your Wallet at LATOKEN. In case of insufficiency and ineligibility of external Wallet or User bank account details or card number LATOKEN may request eligible and sufficient details. All claims for Digital Assets and Fiat Assets under the Agreement expire in 12 months (365 days from the Wallet deactivation). Closing your Wallet does not mean that We delete the personal data that We hold on you and We will continue to store such data, including the history of your transactions for a minimum period of five years as required by law. d. We may terminate this Agreement and close your Wallet by giving you a 14-day notice, unless LATOKEN Privacy Policy or paragraph e. of this section states otherwise, via email with or without reason. e. Notwithstanding anything to the contrary herein, we may suspend or terminate this Agreement and your Wallet, or refuse to reactivate your Wallet, immediately upon a notice given to you via email: i. if you violate any provision of this Agreement and fail to resolve the matter in a timely manner; ii. if you act in a manner that is threatening or abusive to our staff, contractors or any of our representatives; iii. if you fail to pay applicable fees or make any other payments when due; iv. if your Wallet is dormant for more than 12 months and its balance has reached zero; v. if you attempt to gain unauthorized access to the Software or another User’s Wallet or provide assistance to others attempting to do so; vi. if you compromised our Software security features; vii. in case of some unexpected operational difficulties on our side; viii. if We are concerned about the security of your Wallet; ix. if We suspect your Wallet is being used in an unauthorized manner, including without limitation, to commit fraud or for other illegal purposes; or x. if We need to do so to comply with law or with a request of law enforcement or other government agencies or a court. f. We will notify you on the above circumstances as soon as We can before We do this, if possible, or otherwise immediately afterwards, giving our reasons, unless letting you know would compromise reasonable security measures or be otherwise unlawful. g. Without prejudice to other provisions of these Terms of Use, we may temporarily suspend your use of the Services (including your registration with the Platform, and access and use of your Wallet) in certain cases following the procedure described in Schedule 1 hereto.

SUSPENSION, CLOSURE, AND TERMINATION. a. 14.1. Your Wallet account does not expire have expiration date and will remain valid until cancelled by either you or LATOKEN. b. Within 14 days of the date of opening your Wallet you Company. You have the right to close your Wallet account at no cost at any time by contacting LATOKEN and requesting that in writingthe Company. c. 14.2. Upon closing of your WalletWallet account for any reason, you hereby authorize LATOKEN the Company to cancel or suspend any pending transactions and, Orders and return any Digital Assets associated with such transactions Orders to such third party wallet addresses that you have provided to the wallet address you provide to LATOKENCompany. 14.3. In the event that you or LATOKEN the Company terminates this Agreement or your access to the Services, or deactivates or cancels your WalletWallet account, you will remain liable for all obligations relating to your Wallet wallet account even after your Wallet wallet account has been closed. 14.4. In the event that a technical problem causes system outage or Wallet wallet account or Platform errors, LATOKEN the Company may temporarily suspend access to your Wallet wallet account until the problem is resolved. 14.5. When your Wallet wallet account is closedclosed or suspended, it cannot be usedused by you. You will be permitted to transfer Digital Assets associated with your Wallet within ninety (90) days after Wallet deactivation or cancellation unless such transfer is prohibited (i) under the law, or (ii) by a valid subpoena or court order. After Upon cancellation of your Wallet account, in the event there are any remaining assets on your wallet account, you have to must provide us in writing via email at xxxxxxx@xxxxxxx.xxx an eligible and sufficient external Wallet address (external Wallets are not associated with LATOKEN) account/wallet details for transfer Digital Assets less transaction fees storing at your Wallet at LATOKEN. In case to you of insufficiency and ineligibility of external Wallet LATOKEN may request eligible and sufficient detailsthe remaining assets. 14.6. All of your claims for Digital Assets under any assets remaining on your wallet account after its cancellation or after the Agreement termination of this Agreement, shall expire in 12 months (365 days from after the Wallet deactivation). Closing your Wallet does not mean that We delete the personal data that We hold on you and We will continue to store date of such data, including the history of your transactions for a minimum period of five years as required by lawcancellation or termination. d. 14.7. We may terminate this Agreement for convenience and close your Wallet account by giving you at least 14 (fourteen) days prior written notice. 14.8. Notwithstanding anything to the contrary, we may suspend your Wallet account or terminate this Agreement and your Wallet account with immediate effect by giving you a 14-day notice, unless LATOKEN Privacy Policy or paragraph e. if: (i) you breach any provision of this section states otherwiseAgreement and, via email in our reasonable opinion, such a breach is not capable of being cured, or if it is capable of being cured, it is not remedied by you within 2 (two) days of us giving you notice to that effect; (ii) you act in a manner that is threatening or abusive to our staff, contractors or any of our representatives; (iii) you fail to pay us any applicable fees or make any other payments to us when due; (iv) your Wallet account remains dormant for more than 12 (twelve) months and its balance has reached zero; (v) you attempt to gain unauthorized access to the Software or another User’s Wallet account or provide assistance to others attempting to do so; (vi) through your actions, you compromise the integrity or security of our Software or the Platform; (vii) we have reasonable grounds to believe that you have breached any AML Laws; (viii) any representation or warranty given by you under this Agreement proves to be false or untrue in any material respect or you fail to provide us promptly with any information required by us for the purposes of compliance with AML Laws or completing you KYC verification; (ix) we suspect your Wallet account is being used in an unauthorized manner, including without reasonlimitation, to commit fraud or for other illegal purposes; or (x) we are required to do so to comply with any Applicable Law or with a request of any law enforcement or other government agencies or a court.

SUSPENSION, CLOSURE, AND TERMINATION. a. 14.1 Your Wallet Account does not expire have an expiration date and will remain valid until cancelled canceled by either you or LATOKEN. b. Within 14 days of the date of opening your Wallet you Company. You have the right to close your Wallet Account at no cost at any time by contacting LATOKEN and requesting that in writingthe Company. c. 14.2 Upon closing of your WalletWallet Account for any reason, you hereby authorize LATOKEN the Company to cancel or suspend any pending transactions and, Orders and return any Digital Assets associated with such transactions Orders to such third party wallet addresses that you have provided to the wallet address you provide to LATOKEN. Company. 14.3 In the event that you or LATOKEN the Company terminates this Agreement or your access to the Services, or deactivates or cancels your WalletWallet Account, you will remain liable for all obligations relating to your Wallet Account even after your Wallet Account has been closed. . 14.4 In the event that a technical problem causes system outage or Wallet Account or Platform errors, LATOKEN the Company may temporarily suspend access to your Wallet Account until the problem is resolved. . 14.5 When your Wallet Account is closedclosed or suspended, it cannot be usedused by you. You will be permitted to transfer Digital Assets associated with your Wallet within ninety (90) days after Wallet deactivation or cancellation unless such transfer is prohibited (i) under the law, or (ii) by a valid subpoena or court order. After Upon cancellation of your Wallet Account, in the event there are any remaining assets on your Wallet Account, you have to must provide us in writing via email at xxxxxxx@xxxxxxx.xxx an eligible and sufficient external Wallet address (external Wallets are not associated with LATOKEN) account/wallet details for transfer Digital Assets less transaction fees storing at to you of the remaining assets. 14.6 All of your claims for any assets remaining on your Wallet at LATOKEN. In case Account after its cancellation or after the termination of insufficiency and ineligibility of external Wallet LATOKEN may request eligible and sufficient details. All claims for Digital Assets under the Agreement this Agreement, shall expire in 12 months (365 days from after the Wallet deactivation). Closing your Wallet does not mean that We delete the personal data that We hold on you and We will continue to store date of such data, including the history of your transactions for a minimum period of five years as required by lawcancellation or termination. d. 14.7 We may terminate this Agreement for convenience and close your Wallet Account by giving you at least 14 (fourteen) days prior written notice. 14.8 Notwithstanding anything to the contrary, we may suspend your Wallet Account or terminate this Agreement and your Wallet Account with immediate effect by giving you a 14-day notice, unless LATOKEN Privacy Policy or paragraph e. if: (i) you breach any provision of this section states otherwiseAgreement and, via email in our reasonable opinion, such a breach is not capable of being cured, or if it is capable of being cured, it is not remedied by you within 2 (two) days of us giving you notice to that effect; (ii) you act in a manner that is threatening or abusive to our staff, contractors or any of our representatives; (iii) you fail to pay us any applicable fees or make any other payments to us when due; (iv) your Wallet Account remains dormant for more than 12 (twelve) months and its balance has reached zero; (v) you attempt to gain unauthorized access to the Software or another User's Wallet Account or provide assistance to others attempting to do so; (vi) through your actions, you compromise the integrity or security of our Software or the Platform; (vii) we have reasonable grounds to believe that you have breached any AML Laws; (viii) any representation or warranty given by you under this Agreement proves to be false or untrue in any material respect or you fail to provide us promptly with any information required by us for the purposes of compliance with AML Laws or completing you KYC verification; (ix) we suspect your Wallet Account is being used in an unauthorized manner, including without reasonlimitation, to commit fraud or for other illegal purposes; or (x) We are required to do so to comply with any Applicable Law or with a request of any law enforcement or other government agencies or a court.