Crypto Currency Sample Clauses

Crypto Currency. The Borrower will have the option once every thirty (30) days after the Original Issue Date, of prepaying the outstanding amount owed on this Note (“Optional Crypto Redemption”), in whole or in part, by paying to the Holder a sum of Crypto Currency, as defined below, equal to one hundred and eighteen percent (118%) of the amount to be redeemed, together with accrued but unpaid interest thereon and any and all other sums due, accrued or payable to the Holder arising under this Note through the date the Optional Crypto Redemption is made (the “Crypto Redemption Amount”). Xxxxxxxx’s election to exercise its right to prepay in Crypto Currency must be by depositing in the Holder’s account at Coinbase the Crypto Redemption Amount and simultaneously sending a notice in writing to Holder (“Notice of Crypto Redemption”). The Notice of Crypto Redemption the date the Option Crypto Redemption occurred and the calculation of the Crypto Redemption Amount. Crypto Currency shall mean any digital currency (e.g. bitcoin, ethereum, and litecoin) for which there is an active trading market at xxx.Xxxxxxxx.xxx. For the purposes of calculating the Crypto Redemption Amount the value of the Crypto Currency shall be determined by the closing price for such Crypto Currency as reported on xxx.Xxxxxxxx.xxx at 4 P.M. Eastern Time on the date such payment is made.
Sample 1
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Crypto Currency. For swift and fast execution, the company offers the facility to deposit and withdraw funds in Bitcoin (BTC). In order to provide the highest security, the company does not have access to view your BTC address that you provide when requesting a withdrawal. This eliminates the possibility of any mistakes when copying addresses. The process is completely automated; therefore, you must make sure that the address that you have provided is correct. DomusFX will not be held liable for any mistakes with BTC addresses resulting in the funds being sent to an incorrect BTC address and ultimately the funds being lost as a result
Sample 1

Related to Crypto Currency

  • Blocked Currency In each country where the local currency is blocked and cannot be removed from the country, at the election of the Party paying royalties, royalties accrued in that country shall be paid to the other Party in the country in local currency by deposit in a local bank designated by the other Party.

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Specified Currency 15. Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Selection of currency A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Loan in a Utilisation Request.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • Foreign Currency The term “

  • Change of Currency (a) Each obligation of the Borrower to make a payment denominated in the national currency unit of any member state of the European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that currency shall be inconsistent with any convention or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful currency; provided that if any Borrowing in the currency of such member state is outstanding immediately prior to such date, such replacement shall take effect, with respect to such Borrowing, at the end of the then current Interest Period.

  • Conversion of Currency The Company covenants and agrees that the following provisions shall apply to conversion of currency in the case of the Securities and this Indenture:

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction."

  • Optional Currencies 25 8. Repayment....................................................... 29 9.

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