Unwrapping/Redemption of a Coinbase Wrapped Token Sample Clauses

Unwrapping/Redemption of a Coinbase Wrapped Token. (1) If you initiate a transfer of a Coinbase Wrapped Token from an external wallet to your Crypto Asset Wallet and you satisfy the eligibility requirements set forth in Section 6.3.2 below, ▇▇ ▇▇▇ will automatically “unwrap” such Coinbase Wrapped Token and deposit a corresponding Wrappable Native Token to your Crypto Asset Wallet, thereby redeeming your Coinbase Wrapped Token for a corresponding Wrappable Native Token. (2) To successfully complete a transfer of a Coinbase Wrapped Token from an external wallet to your Crypto Asset Wallet, you will need to be a customer of either ▇▇ ▇▇▇ or another member of the Coinbase Group with a Coinbase Account in good standing. Additional geographic restrictions may apply, and eligibility is subject to change. Requests to complete a transfer of a Coinbase Wrapped Token from an external wallet to your Crypto Asset Wallet (which, for the avoidance of doubt, will result in ▇▇ ▇▇▇ “unwrapping” such Coinbase Wrapped Token and depositing a corresponding Wrappable Native Token to your Crypto Asset Wallet as described in Section 6.3.1 above) may not be processed immediately. (3) Additionally, CB ▇▇▇ ▇▇▇, in our reasonable discretion, (i) pause redemptions of any Coinbase Wrapped Token for a corresponding Wrappable Native Token if there is a significant dislocation in the external market price of such Coinbase Wrapped Token relative to a corresponding Wrappable Native Token that, in ▇▇ ▇▇▇'▇ sole discretion, suggests that the smart contracts or other technology or security features supporting such Coinbase Wrapped Token have been compromised, (ii) refuse a redemption request if we suspect that the Coinbase Wrapped Token being presented for redemption was acquired through fraudulent means, or (iii) pause redemption if we otherwise suspect that the security of the smart contracts used to mint and burn the applicable Coinbase Wrapped Token has been compromised. (4) Pursuant to the terms of this Agreement, a holder of a Coinbase Wrapped Token holds an ownership interest in a corresponding Wrappable Native Token custodied by the Coinbase Group in accordance with Section 6.1.5 above. In the event of a shortfall in the amount of the Wrappable Native Token that has been wrapped as a Coinbase Wrapped Token and held by the Coinbase Group in accordance with Section 6.1.5 above, the Coinbase Group’s liability vis-a-vis any holder of such Coinbase Wrapped Token will be limited to such holder’s pro rata share of the shortfall amount.
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Related to Unwrapping/Redemption of a Coinbase Wrapped Token

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Dimensions Education Bachelor’s Degree in Computer Science, Information Systems, or other related field. Or equivalent work experience. A minimum of 3 years of IT work experience with Web-related software and hardware products, and systems administration experience with multi-platform environments.

  • Notice The undersigned beneficial owner (the “Selling Stockholder”) of Registrable Securities hereby elects to include the Registrable Securities owned by it in the Registration Statement. The undersigned hereby provides the following information to the Company and represents and warrants that such information is accurate:

  • Termination for Cause If Vendor fails to materially perform pursuant to the terms of this Agreement, TIPS shall provide written notice to Vendor specifying the default. If Vendor does not cure such default within thirty (30) days, TIPS may terminate this Agreement, in whole or in part, for cause. If TIPS terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.