Changes in Applicable Laws. If because of changes in Applicable Laws (“Government Restrictions”), a party’s ability to transfer or own Collateral is declared illegal: (1) if possible under the Government Restrictions and where a Market Disruption Event is not in effect, including, without limitation, during any notice or grace period, a party shall pay any amounts owed in the relevant Digital Currency (i.e., Digital Currency of the same type and running on the same blockchain network as the Collateral); [****] (2) if return is not possible under the Government Restrictions, a party shall pay an amount in Dollars [****] prior to the effective date of the Government Restrictions; (3) it is agreed that, after the payment in full pursuant to sub-section (1) or (2) above, this Agreement shall terminate.
Appears in 2 contracts
Sources: Master Loan Agreement (Bullish), Master Loan Agreement (Bullish)