Examples of Cryptocurrency Security in a sentence
In case of any inconsistency between this Agreement and the relevant Cryptocurrency Security Documents, this Agreement shall prevail.
Notwithstanding anything else in this Agreement or in any other Loan Document (as such term is defined in the Cryptocurrency Security Agreement), in acting hereunder, the Secured Party acts at all times and in all circumstances in accordance with, and with the benefit of the protections set out in, the Security Trust Agreement.
Pursuant to the Cryptocurrency Security Agreement, the Issuer grants a security interest in the Deposited Cryptocurrency and any other assets held in the Depositary Wallet and the associated account of the Issuer maintained by the Depositary in relation to each Series of Bonds for the benefit of the Bondholders, the Security Trustee itself and the Bondholders’ Representative (if appointed).
The Cryptocurrency Security Agreement is governed by English law.
The security interest granted in the Collateral secures the Secured Obligations, as defined in the German Security and Security Trust Agreement.The Cryptocurrency Security Agreement grants to the Security Trustee the right to repossess and foreclose upon the Collateral in relation to each Series of Bonds upon an Event of Default for thepurpose of paying the Secured Obligations.
The security interest granted in the Collateral secures the Secured Obligations, as defined in the German Security and Security Trust Agreement.The Cryptocurrency Security Agreement grants to the Security Trustee the right to repossess and foreclose upon the Collateral in relation to each Series of Bonds upon an Event of Default for the purpose of paying the Secured Obligations.
This Agreement may also be terminated following 30 days’ prior notice in writing by any Party to the other Party; provided, however, that the status of the security interest in any Collateral pledged to the Secured Party at the time of such notice shall not be affected by such termination until the release of such security interest pursuant to the terms of the Cryptocurrency Security Agreement.
The German Security and Security Trust Agreement is governed by the laws of the Federal Republic of Germany;− Cryptocurrency Security Agreement entered into between the Issuer and Apex Corporate Trustees (UK) Limited in its function as the Security Trustee dated on or around the date of the relevant Final Terms in relation to each Series of Bonds.
If, following realisation in full of the Series Assets (whether by way of liquidation or enforcement) and application of available cash sums as provided by the Cryptocurrency Security Agreement and the Security Trustee Agreement, as applicable, any outstanding claim against the Issuer, whether secured or unsecured, remains unpaid, then such outstanding claim shall be extinguished and no debt shall be owed by the Issuer or any other party to this Programme in respect thereof.
The Grantor a acknowledges that notwithstanding anything else in this Agreement or in any other Loan Document (as such term is defined in the Cryptocurrency Security Agreement), in acting hereunder, the Secured Party will act at all times and in all circumstances in accordance with, and with the benefit of the protections set out in, the Security Trust Agreement, provided however, that the Secured Party's obligations under this Agreement remains unchanged.