Common use of Breach by Client Clause in Contracts

Breach by Client. When Finst becomes aware or suspects that Client is in breach of a material requirement of the Crypto Services Agreement, which may be but is not limited to a breach of any of the articles 2.7, 3.2, 3.4, 3.5, 3.6, 3.7, 3.8, 3.10, 5.4 or 11.5 of the Crypto Services Agreement, then Finst may suspend its services to Client, block the Account, suspend or cancel any pending Instruction and freeze the assets of Client for the duration of an investigation into the breach and until Finst has sufficient confidence that Finst can provide its services to Client without breach of Rules and Regulations or risk of (reputational) damage.

Appears in 3 contracts

Sources: Crypto Services Agreement, Crypto Services Agreement, Crypto Services Agreement