Crypto Currency Sample Clauses

The 'Crypto Currency' clause defines how cryptocurrencies are treated within the context of the agreement. It typically specifies whether payments, obligations, or valuations can be made or settled using digital currencies such as Bitcoin or Ethereum, and may outline the procedures for conversion rates, timing, and acceptable types of crypto assets. This clause ensures clarity regarding the use of cryptocurrencies, addressing potential uncertainties or disputes about their acceptance and handling in contractual transactions.
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Crypto Currency. If any crypto currency is used in the Licensor’s software, Licensor and Licensee will set forth the terms and conditions regarding the use of this (or these) currencies in a separate agreement or addendum. This crypto-agreement will be a part of their terms and conditions.
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Crypto Currency. The Borrower will have the option once every thirty (30) days after the Original Issue Date, of prepaying the outstanding amount owed on this Note (“Optional Crypto Redemption”), in whole or in part, by paying to the Holder a sum of Crypto Currency, as defined below, equal to one hundred and eighteen percent (118%) of the amount to be redeemed, together with accrued but unpaid interest thereon and any and all other sums due, accrued or payable to the Holder arising under this Note through the date the Optional Crypto Redemption is made (the “Crypto Redemption Amount”). ▇▇▇▇▇▇▇▇’s election to exercise its right to prepay in Crypto Currency must be by depositing in the Holder’s account at Coinbase the Crypto Redemption Amount and simultaneously sending a notice in writing to Holder (“Notice of Crypto Redemption”). The Notice of Crypto Redemption the date the Option Crypto Redemption occurred and the calculation of the Crypto Redemption Amount. Crypto Currency shall mean any digital currency (e.g. bitcoin, ethereum, and litecoin) for which there is an active trading market at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇. For the purposes of calculating the Crypto Redemption Amount the value of the Crypto Currency shall be determined by the closing price for such Crypto Currency as reported on ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ at 4 P.M. Eastern Time on the date such payment is made.
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Crypto Currency. For swift and fast execution, the company offers the facility to deposit and withdraw funds in Bitcoin (BTC). In order to provide the highest security, the company does not have access to view your BTC address that you provide when requesting a withdrawal. This eliminates the possibility of any mistakes when copying addresses. The process is completely automated; therefore, you must make sure that the address that you have provided is correct. DomusFX will not be held liable for any mistakes with BTC addresses resulting in the funds being sent to an incorrect BTC address and ultimately the funds being lost as a result
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Related to Crypto Currency

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, royalties or profit share payments accrued in that country shall be paid to the receiving Party in the country in local currency by deposit in a local bank designated by the receiving Party, unless the Parties otherwise agree.

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Specified Currency Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Selection of currency A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Loan in a Utilisation Request.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.