Common use of Uncertain Regulatory Framework Clause in Contracts

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack Tokens in various ways, including, for example, through a determination that Blockstack Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack Tokens, the development of the Blockstack Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 2 contracts

Samples: Blockstack Token Purchase Agreement (Blockstack Inc.), Blockstack Token Purchase Agreement (Blockstack Token LLC)

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Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack Stacks Tokens in various ways, including, for example, through a determination that Blockstack Stacks Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack Stacks Tokens, the development of the Blockstack Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 2 contracts

Samples: Blockstack Token Purchase Agreement (Blockstack Inc.), Blockstack Token Purchase Agreement (Blockstack Token LLC)

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack AST Tokens in various ways, including, for example, through a determination that Blockstack AST Tokens are regulated financial instruments or securities that require registration. Company may cease the distribution of Blockstack AST Tokens, the development of the Blockstack Platform HUMENA business projects or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Ast Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets assets, and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack the Tokens in various ways, including, for example, through a determination that Blockstack the Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack the Tokens, the development of the Blockstack Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: tokenstars.com

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack CLEAR Tokens in various ways, including, for example, through a determination that Blockstack CLEAR Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack CLEAR Tokens, the development of the Blockstack Platform ClearFoundation Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Clear Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack XDCE Tokens in various ways, including, for example, through a determination that Blockstack XDCE Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack XDCE Tokens, the development of the Blockstack Platform XDCE01 PROTOCOL or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Xdce Token Contribution Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack Haladinar Tokens in various ways, including, for example, through a determination that Blockstack Haladinar Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack Haladinar Tokens, the development of the Blockstack Platform Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Haladinar Token Sale Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets assets, and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack the Tokens in various ways, including, for example, through a determination that Blockstack the Tokens are regulated financial instruments that require registration. Company The company may cease the distribution of Blockstack the Tokens, the development of the Blockstack Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so. Such changes may cause the loss of Tokens exchanged by the Acquiror.

Appears in 1 contract

Samples: Tokens Acquisition Agreement

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Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack RCR Tokens in various ways, including, for example, through a determination that Blockstack RCR Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack RCR Tokens, the development of the Blockstack Platform RECEREUM Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so. 7.19.

Appears in 1 contract

Samples: Rcr) Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack CRD Tokens in various ways, including, for example, through a determination that Blockstack CRD Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack CRD Tokens, the development of the Blockstack Platform XXXXXXXXXXX.XX Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: CRD Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack HILL Tokens in various ways, including, for example, through a determination that Blockstack HILL Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack HILL Tokens, the development of the Blockstack Platform HELIXHILLS PLATFORM Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Hill Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack Tokens ClearTOKENs in various ways, including, for example, through a determination that Blockstack Tokens ClearTOKENs are regulated financial instruments that require registration. Company Donor may cease the distribution of Blockstack TokensClearTOKENs, the development of the Blockstack Platform ClearFoundation Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Cleartoken Donation Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Blockstack Upthinity Tokens in various ways, including, for example, through a determination that Blockstack Upthinity Tokens are regulated financial instruments that require registration. Company may cease the distribution of Blockstack Upthinity Tokens, the development of the Blockstack Platform Upthinity Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Samples: Membership Purchase Agreement

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