Common use of Termination and Cancellation Clause in Contracts

Termination and Cancellation. If Coinbase Custody closes Client’s Custodial Account or terminates Client’s use of the Custodial Services, Client will be permitted to withdraw Digital Assets associated with Client’s Custodial Account for a period of up to ninety (90) days following the date of deactivation or cancellation to the extent not prohibited (i) under applicable law, including applicable sanctions programs, or (ii) by a facially valid subpoena, court order, or binding order of a government authority.

Appears in 23 contracts

Sources: Prime Broker Agreement (21Shares XRP ETF), Prime Broker Agreement (Franklin XRP Trust), Coinbase Prime Broker Agreement (21Shares Solana ETF)