Blockchain Transactions Clause Samples

Blockchain Transactions. Requirement 19 The Blockchain should use smart contracts to implement the use cases described in Sections 5.3 and 5.4. Requirement 20 The Blockchain should be based on a public open-source project.
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Blockchain Transactions. Transactions involving digital assets require confirmation on their supporting blockchain, a process entirely beyond Axal’s control. Axal does not guarantee that transactions initiated or received through our Services will be validated, nor can it modify or cancel any transaction once submitted. You acknowledge full responsibility for all activity in your Wallet, including any losses, whether from authorized or unauthorized access. Axal provides no warranties regarding blockchain activity or the success of transactions and is not liable for delays, errors, or disruptions related to blockchain performance. By using our Services, you represent and warrant that you possess sufficient knowledge and expertise to evaluate the operation and security of your Wallet and the associated risks of blockchain-based transactions. You agree to independently assess the risks tied to specific Coins, including their volatility, and to comply with applicable legal and tax obligations. Axal is not responsible for determining or reporting taxes, nor does it store, send, or receive Coins. Transactions occur solely on the applicable blockchain and are subject to its conditions, delays, or failures. Axal does not guarantee the security or governance of any blockchain, nor can Axal prevent risks such as hacks, counterfeit assets, or bugs in smart contracts. Evolving regulations and unforeseen changes to blockchain protocols may adversely impact the utility, value, or transferability of Coins. You accept these risks as inherent to blockchain technology and acknowledge that Axal is not liable for any losses or adverse outcomes.
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Related to Blockchain Transactions

  • Certain Transactions The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Securities or other obligations of the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as trustee under any indenture to which the Company is a party.

  • Foreign Transactions Visa. Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

  • Fund Transactions The Advisor is authorized to select the brokers or dealers that will execute the purchases and sales of portfolio securities for the Fund. With respect to brokerage selection, the Advisor shall seek to obtain the best overall execution for fund transactions, which is a combination of price, quality of execution and other factors. The Advisor may, in its discretion, purchase and sell portfolio securities from and to brokers and dealers who provide the Advisor with brokerage, research, analysis, advice and similar services, and the Advisor may pay to these brokers and dealers, in return for such services, a higher commission or spread than may be charged by other brokers and dealers, provided that the Advisor determines in good faith that such commission is reasonable in terms either of that particular transaction or of the overall responsibility of the Advisor to the Fund and its other clients and that the total commission paid by the Fund will be reasonable in relation to the benefits to the Fund and its other clients over the long-term. The Advisor will promptly communicate to the officers and the trustees of the Trust such information relating to portfolio transactions as they may reasonably request.