Recurring Crypto Asset Transactions Clause Samples

Recurring Crypto Asset Transactions. If you set up a recurring purchase of a Supported Crypto Asset (a “Future Transaction”), you authorise us to initiate recurring electronic payments in accordance with your selected Crypto Asset Transaction and any corresponding payment accounts, such as direct debits from, or credits to, your linked bank account. This authorisation will remain in full force and effect until you change your Future Transaction settings at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/transactions or otherwise on the Coinbase Site. Your Future Transactions will occur in identical, periodic instalments, based on your period selection (e.g., daily, weekly, monthly), until either you or Coinbase cancels the Future Transaction. If you select a bank account as your payment method for a Future Transaction, and such transaction falls on a weekend or public holiday in the location in which the relevant bank is located, or after the relevant bank’s business hours, the credit or debit will be executed on the next business day, although the Crypto Asset fees at the time of the regularly-scheduled transaction will apply. If your bank is unable to process any payment to Coinbase, we will notify you of cancellation of the transaction and may avail ourselves of remedies set forth in this Agreement to recover any amount owed to Coinbase. You agree to notify Coinbase in writing of any changes in your linked bank account information prior to a Future Transaction.
Recurring Crypto Asset Transactions. We may from time to time offer the functionality to enable you to set up a recurring purchase of Crypto Asset (a "Future Transaction"). Where this is offered and you use this functionality, you authorise us to initiate recurring electronic payments in accordance with your selected Crypto Asset Transaction and any corresponding payment accounts, such as direct debits from, or credits to, your linked bank account. Your Future Transactions will occur in identical, periodic instalments, based on your period selection (e.g., daily, weekly, monthly), until either you or we cancel the Future Transaction. If you select a bank account as your payment method for a Future Transaction, and such transaction falls on a weekend or public holiday in the location in which the relevant bank is located, or after the relevant bank’s business hours, the credit or debit will be executed on the next business day, although the Crypto Asset fees at the time of the regularly-scheduled transaction will apply. If your bank is unable to process any payment to us, we will notify you of cancellation of the transaction and may avail ourselves of remedies set forth in this Agreement to recover any amount owed to us. This authorisation will remain in full force and effect until you change your Future Transaction settings in the App, or until you provide us with written notice via email to ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇. You agree to notify us in writing of any changes in your linked bank account information prior to a Future Transaction. We may, at any time, terminate Future Transactions by providing notice to you.