NFT Owner definition

NFT Owner means the current owner of the NFT that has rightfully acquired the NFT from a legitimate source, where proof of such purchase is recorded on the relevant blockchain.
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NFT Owner means a User owning an NFT. “Parent” means the legal guardian of any minor User. “Purchased NFT” means an NFT owned by a User. “Qualifying Transaction” means a transaction made by NFT Owner to sell her/his NFT on a consumer-to-consumer basis or on any secondary marketplace, where proof of such purchase is recorded on the relevant blockchain. “Royalty” means the amount payable by NFT Owner to Service Provider on each Qualifying Transaction. “User” means any natural person or legal person using the Website with a full legal capacity.
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NFT Owner. The individual or legal entity that purchases and/or holds the ownership of a certain amount of NFT’s within scope of this Agreement. IPR : Intellectual property rights, including but not limited to; brand names, logos, slogans, software, documentation, methods, know-hows, charts, inventions, applications, models, clubs, social communities, any kind of written or visual contents in all mediums, sales techniques and any other technologies that is owned by Cashflow NFT and or by its Affiliates Receivables : The Company profit remaining after all expenses are deducted. Sale/s : Sale of each NFT within scope of this Agreement
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Examples of NFT Owner in a sentence

  • If a Creator Royalty or other payment to a third party becomes due and, because of any reason including limitations of the smart contracts or marketplace platforms, such payments are not automatically transferred to the owed party and an NFT Owner receives such payments upon the sale of the NFT, NFT Owner agrees to transfer the owed payments to the Creator and/or third party wallet addresses owed such payments as established in the smart contracts.

  • Rightsholder shall procure that AB converts and distributes the NFT Owner Royalty to the current NFT Owner on Rightsholder’s behalf, by either paying it or making it claimable in ETH.

  • Neither AB nor the Rightsholder is responsible for costs incurred by delayed payments or any technology problems with the blockchain; and That neither AB or the Rightsholder is responsible for the influence of any legislation or the impact that future amendments of laws and other regulations may have on the Subject NFT and the NFT Owner Royalty.

  • NFT Owner agrees that all fees, commissions, and royalties including Creator Royalties that are established in the smart contracts of the NFT are or may be transferred, processed, or initiated directly through one or more of the smart contracts on the relevant blockchain network.

  • Each NFT Owner confirms and agrees that all such rights cease upon the transfer of the NFT and transfer to the buyer of the NFT.All obligations of an NFT Owner in this License shall survive after such NFT Owner transfers the NFT and is no longer the owner.

  • Rightsholder and AB shall be entitled to deduct from the NFT Owner Royalty any hosting fees, payment processing fees, blockchain gas fees, conversion fees, taxes and other governmental charges incurred in connection with the Subject NFT and the distribution of DSP Royalties.

  • For clarity, each NFT Owner is responsible for claiming the NFT Owner Royalty which it is entitled to.

  • AB will not actively transfer the NFT Owner Royalty to each NFT Owner’s digital wallet.

  • Each NFT Owner is free to transfer or assign the Subject NFT to a third party (hereafter, each such transfer shall be referred to as a “Secondary Sale”).

  • Payment of the NFT Owner Royalty is subject to AB’s receipt of DSP Royalties from the Rightsholder and/or its distributors pursuant to the AB Agreement, meaning have AB not received any DSP Royalties from the Rightsholder and/or its distributors for a specific half-year period, there will be no payable or claimable NFT Owner Royalty from that half-year period.


More Definitions of NFT Owner

NFT Owner means the current owner of the COLLECTIBLE NFT that has rightfully acquired the COLLECTIBLE NFT from a legitimate source, where proof of such purchase is recorded on the relevant blockchain. If the COLLECTIBLE NFT is owned fractionally by multiple owners, only one entity, who 100% controls the wallet holding the COLLECTIBLE NFT is given the rights under this Agreement. For clarity, any person or entity that only owns a fractional interest in the COLLECTIBLE NFT is not an NFT Owner and is not given any rights to display or use the Work in any way.
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Related to NFT Owner

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • Co-Owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Contract Owner means the holder of interests in a variable annuity or variable life insurance contract issued by the Company.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • JOINT OWNER A Contract may be owned by Joint Owners. If Joint Owners are named, any Joint Owner must be the spouse of the other Contract Owner. Upon the death of either Contract Owner, the surviving spouse will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary unless otherwise indicated in an Authorized Request.

  • New Owner means, collectively, the HDFC and the Company.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Vehicle owner means the registered owner or

  • brand owner means a person or company who sells any commodity under a registered brand label ;

  • Timber owner means any person having all or any part of the legal interest in timber. Where such timber is subject to a contract of sale, "timber owner" shall mean the contract purchaser.

  • Contract Holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Consenting working interest owner means any working interest owner who enters into an agreement with SWN pertaining to the operation of the Posey B Unit.

  • Seller has the meaning set forth in the Preamble.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • land owner s association" means an organisation established by owners of a group of properties to collectively regulate their conduct and share the costs of maintaining and improving shared infrastructure and services, including a home owner’s association;

  • The Owner means the NATIONAL FERTILIZERS LTD., incorporated in India, having its registered office at SCOPE COMPLEX, Core No-III, 7, Institutional Area, Lodhi Road, New Delhi-110003.

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Service contract holder or "contract holder" means a person who is the purchaser or holder of a service contract.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Non-Operator means a party other than the operator;

  • Owner means the person in whose name American Depositary Shares are registered on the books of the Depositary maintained for that purpose.

  • Owner/Operator means the owner(s), operator(s), lessor(s), lessee(s) and/or supervisor(s) of an air contaminant source and/or a person authorized to represent such person(s).

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Royalty interest owner means a person or the estate of a person, other than a working interest owner, who owns the right to or interest in any portion of the oil and/or gas, or proceeds from the sale thereof, from a tract.