Common use of Uncertain Regulatory Framework Clause in Contracts

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or rules that may affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Tokens in various ways, including, for example, through a determination that Tokens are regulated financial instruments that require registration. Company may cease the distribution of Tokens, the development of the Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 7 contracts

Sources: Token Sale Agreement, Terms of Token Sale, Token Sales Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Stacks Tokens in various ways, including, for example, through a determination that Stacks Tokens are regulated financial instruments that require registration. Company may cease the distribution of Stacks Tokens, the development of the Project Blockstack Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 3 contracts

Sources: Token Purchase Agreement (Blockstack Inc.), Token Purchase Agreement (Blockstack Inc.), Token Purchase Agreement (Blockstack Token LLC)

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Tokens the tokens in various ways, including, for example, through a determination that Tokens the tokens are regulated financial instruments that require registration. Company may cease the distribution of the Tokens, the development of the Project Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 2 contracts

Sources: Agreement of Sale of Tokens, Token Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact CASE Tokens in various ways, including, for example, through a determination that CASE Tokens are regulated financial instruments that require registration. Company may cease the distribution of CASE Tokens, the development of the Project CASE Ecosystem or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 2 contracts

Sources: Simple Agreement for Future Tokens (Saft), Simple Agreement for Future Tokens (Saft)

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or rules that may affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Tokens in various ways, including, for example, through a determination that Tokens are regulated financial instruments that require registration. Company Companies may cease the distribution of Tokens, the development of the Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Token Sales Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or rules that may affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Security Tokens in various ways, including, for example, through a determination that Security Tokens are regulated financial instruments that require registration. The Company may cease the distribution of Security Tokens, the development of the Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokenscoins, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or rules that may affect cryptographic tokenscoins, digital assets, blockchain technology and its applications. Such changes could negatively impact Tokens Coins in various ways, including, for example, through a determination that Tokens Coins are regulated financial instruments that require registration. The Company may cease the distribution of TokensCoins, the development of the Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Coin Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact HILL Tokens in various ways, including, for example, through a determination that HILL Tokens are regulated financial instruments that require registration. Company may cease the distribution of HILL Tokens, the development of the Project HELIXHILLS PLATFORM Software or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Hill Token Purchase Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact Tokens the tokens in various ways, including, for example, through a determination that Tokens the tokens are regulated financial instruments that require registration. The Company may cease the distribution of the Tokens, the development of the Project Tokens or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Token Sale Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact RUBY Tokens in various ways, including, for example, through a determination that RUBY Tokens are regulated financial instruments that require registration. Company Seller may cease the distribution of RUBY Tokens, the development of the Project or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Token Sale Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities may will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations or and/or rules that may will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact PROOF Tokens in various ways, including, for example, through a determination that PROOF Tokens are regulated financial instruments that require registration. Company PROOFTECH LIMITED may cease the distribution of PROOF Tokens, the development of the Project Prover Platform or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so.

Appears in 1 contract

Sources: Token Purchase Agreement