Required Elements of Transaction Approval Sample Clauses

Required Elements of Transaction Approval. For Designated Transactions not in the Normal Course of Business, Authorized Employees will use the transaction approval form set forth in Exhibit B (the “Transaction Approval Form”) in a written communication to [Redacted] to request approval for each transaction or any series of related transactions. [Redacted] will review and approve each transaction or any series of related transactions, including with respect to, among other things, the following, as applicable (collectively, with the Transaction Approval Form, the “Transaction Approval Requirements”): • The amount, the timing, and the pricing of the transaction or series of related transactions; and • The Permitted Service Provider or, if applicable, the Permitted OTC Counterparty of the transaction or series of related transactions. [Redacted] may allow for appropriate discretion in transaction execution and may impose conditions on their transaction approval. For Designated Transactions in the Normal Course of Business, which are primarily those transactions that involve the collection or receipt of Approved Cryptocurrencies through a Company point of sale or third-party merchant service provider from the sale of Company goods or services, specific protocols pre-established by the Company, with approval from [Redacted], will be established to automate or semi-automate the collection, receipt, transfer, disposal, conversion, exchange, swap or storage of such Approved Cryptocurrencies, with a regular report to the [Redacted] on the same.

Related to Required Elements of Transaction Approval

  • Authorization of Transactions The Company is a corporation duly authorized and in good standing in the State of Florida and has the requisite power and capacity to execute and deliver the Transaction Documents to which it is a party and to perform its obligations hereunder and thereunder. The execution, delivery and performance by the Company of the applicable Transaction Documents and the consummation of the Transactions have been duly and validly authorized by all requisite action on the part of the Company. The Transaction Documents to which the Company is a party have been duly and validly executed and delivered by The Company. Each Transaction Document to which the Company is a party constitutes the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms and conditions, except to the extent enforcement thereof may be limited by applicable bankruptcy, insolvency or other Laws affecting the enforcement of creditors’ rights or by the principles governing the availability of equitable remedies.

  • Authorization of Transaction The Buyer has full power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes the valid and legally binding obligation of the Buyer, enforceable in accordance with its terms and conditions.

  • Settlement of Transactions 1. The Company shall proceed to a settlement of all transactions upon execution of such transactions. 2. An online statement of Account will be available for printing to the Client on the Trading Platform of the Company, at all times.

  • Expenses of Transaction Whether or not the Contemplated Transactions are consummated, except as otherwise specifically provided for in this Agreement, each of the parties hereto will assume and bear all expenses, costs and fees (including legal and accounting fees and expenses) incurred by such party in connection with the preparation, negotiation and execution and performance of this Agreement and the Escrow Agreement and the consummation of the Contemplated Transactions.

  • As Of Transactions For purposes of this Article M, the term “