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 ClearTOKENs in various ways, including, for example, through a determination that ClearTOKENs are regulated financial instruments that require registration. Donor may cease the distribution of ClearTOKENs, the development of the 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: Donation 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 ClearTOKENs CRD Tokens in various ways, including, for example, through a determination that ClearTOKENs CRD Tokens are regulated financial instruments that require registration. Donor Company may cease the distribution of ClearTOKENsCRD Tokens, the development of the ClearFoundation 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 ClearTOKENs XDCE Tokens in various ways, including, for example, through a determination that ClearTOKENs XDCE Tokens are regulated financial instruments that require registration. Donor Company may cease the distribution of ClearTOKENsXDCE Tokens, the development of the ClearFoundation Software 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: 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 ClearTOKENs RCR Tokens in various ways, including, for example, through a determination that ClearTOKENs RCR Tokens are regulated financial instruments that require registration. Donor Company may cease the distribution of ClearTOKENsRCR Tokens, the development of the ClearFoundation 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: 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 ClearTOKENs XRM Tokens in various ways, including, for example, through a determination that ClearTOKENs XRM Tokens are regulated financial instruments that require registration. Donor Company may cease the distribution of ClearTOKENsXRM Tokens, the development of the ClearFoundation Aerum 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: Token Purchase 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 ClearTOKENs the tokens in various ways, including, for example, through a determination that ClearTOKENs the tokens are regulated financial instruments that require registration. Donor MY PLACE X may cease the distribution of ClearTOKENsthe Tokens, the development of the ClearFoundation Software 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: Token Sale 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 ClearTOKENs HILL Tokens in various ways, including, for example, through a determination that ClearTOKENs HILL Tokens are regulated financial instruments that require registration. Donor Company may cease the distribution of ClearTOKENsHILL Tokens, the development of the ClearFoundation 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

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