Common use of Trade Cancellation Clause in Contracts

Trade Cancellation. You agree that Zero Hash may delay settlement or cancel, in whole or part, any transaction in the case of extraordinary market events, including but not limited to, (i) any legal enactment, (ii) the intervention of a public authority, (iii) a natural disaster, (iv) an act of war, strike, blockade, boycott or lockout, and (v) highly volatile trading periods that result in unclear or unreliable pricing data, which Zero Hash determines has prevented or will prevent it from performing its obligations, in whole or in part, under this User Agreement, as well as in the event that any counterparty to a transaction, including any Liquidity Provider, fails to timely deliver to us sufficient cryptocurrency to fulfill and/or settle any Order(s) placed by you through the Platform or the Zero Hash System. Zero Hash shall not be responsible for any hypothetical or alleged losses resulting from any delayed or canceled transaction.

Appears in 17 contracts

Samples: Services User Agreement, Services User Agreement, Services User Agreement

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