Common use of Loan Procedure Clause in Contracts

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day (the “Request Day”) an Authorized Agent of Borrower may by email, directed to the Lender email address identified for such requests in Exhibit A, make a Lending Request for a Borrowed Asset. Lender shall by email, directed to an Authorized Agent identified in Exhibit A, inform ▇▇▇▇▇▇▇▇ whether ▇▇▇▇▇▇ agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (i) The type of Borrowed Asset requested; (ii) the amount of Borrowed Asset requested; (iii) whether the Loan is a Term Loan or an Open Loan; (iv) the Loan Effective Date; (v) the Maturity Date (if a Term Loan); (vi) the Collateral; and (vii) other applicable information on the Loan Term Sheet If ▇▇▇▇▇▇ agrees to make a Loan, ▇▇▇▇▇▇ shall transmit to either (x) Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire the amount of Dollars, as applicable, as such Digital Currency Address or bank wire instruction is set forth in the Lending Request, on the Loan Effective Date. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day (the “Request Day”) an Authorized Agent of Borrower may by email, directed to the Lender email address identified for such requests in Exhibit A, make a Lending Request for a Borrowed AssetAsset using the Loan Term Sheet attached as Exhibit B hereto. Lender shall by email, directed to an Authorized Agent identified in Exhibit A, inform ▇▇▇▇▇▇▇▇ Borrower whether ▇▇▇▇▇▇ Lender agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request[****]. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (i) The type of Borrowed Asset requested; (ii) the amount of Borrowed Asset requested; (iii) whether the Loan is a Term Loan Deal or an Open LoanDeal; (iv) the Loan Effective Date; (v) the Maturity Date (if a Term LoanDeal);; and (vi) the Collateral; and (vii) other applicable information on the Loan Term Sheet Sheet. If ▇▇▇▇▇▇ Lender agrees to make a Loan, ▇▇▇▇▇▇ Lender shall transmit transfer to either (x) Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire wire, in immediately available funds, the amount of Dollars, as applicable, US Dollars as such Digital Currency Address or bank wire instruction is set forth in the Lending Request, on the Loan Effective Datedate of the Lending Request, or such other time and day as may be agreed between the Lender and the Borrower from time to time. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day (the “Request Day”) an Authorized Agent of Borrower may by email, directed to the Lender email address identified for such requests in Exhibit A, make a Lending Request for a Borrowed Asset. Lender shall by email, directed to an Authorized Agent identified in Exhibit A, inform ▇B▇▇▇▇▇▇▇ whether ▇L▇▇▇▇▇ agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (ia) The type of Borrowed Asset requested; (iib) the amount of Borrowed Asset requested; (iiic) whether the Loan is a Term Loan Deal or an Open LoanDeal; (ivd) the Loan Effective Date; (ve) the Maturity Date (if a Term LoanDeal); (vif) the Collateral; and (viig) other applicable information on the Loan Term Sheet If ▇L▇▇▇▇▇ agrees to make a Loan, ▇L▇▇▇▇▇ shall transmit to either (x) Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire the amount of Dollars, as applicable, as such Digital Currency Address or bank wire instruction is set forth in the Lending Request, on the Loan Effective Date. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day (the “Request Day”) an Authorized Agent of Borrower may by email, directed to the Lender email address identified for such requests in Exhibit A, make a Lending Request for a Borrowed Asset. Lender shall by email, directed to an Authorized Agent identified in Exhibit A, inform ▇B▇▇▇▇▇▇▇ whether ▇L▇▇▇▇▇ agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (i) The type of Borrowed Asset requested; (ii) the amount of Borrowed Asset requested; (iii) whether the Loan is a Term Loan or an Open Loan; (iv) the Loan Effective Date; (v) the Maturity Date (if a Term Loan); (vi) the Collateral; and (vii) other applicable information on the Loan Term Sheet If ▇▇▇▇▇▇ Lender agrees to make a Loan, ▇L▇▇▇▇▇ shall transmit to either (x) Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire the amount of Dollars, as applicable, as such Digital Currency Address or bank wire instruction is set forth in the Lending Request, on the Loan Effective Date. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day (the “Request Day”) an Authorized Agent of Borrower may by email, email directed to the Lender email address identified for such requests in Exhibit A, make a Lending Request for a Borrowed Asset. Lender shall by email, directed to an Authorized Agent identified in Exhibit A, inform ▇▇▇▇▇▇▇▇ whether @▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.▇▇, request from Lender a Loan of a specific amount of Digital Currency and/or Dollars (a “Lending Request”) in the form of the Loan Term Sheet attached as Exhibit B. Lender shall by email directed to ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, inform Borrower whether Lender agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (i) The type of Borrowed Asset Digital Currency requested; (ii) the amount of Borrowed Asset Digital Currency and/or Dollars requested; (iii) whether the Loan is a Term Loan Deal or an Open LoanDeal; (iv) the Loan Effective Date; (v) the Maturity Date (if a Term LoanDeal);; and (vi) the Collateral; and (vii) other applicable information on the Loan Term Sheet If ▇▇▇▇▇▇ Lender agrees to make a Loan, ▇▇▇▇▇▇ Lender shall transmit commence transmission to either (x) the Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire the amount of US Dollars, as applicable, as such Digital Currency Address or bank wire instruction is set forth in the Lending RequestRequest on or before the Request Day, on or such other time and day as may be agreed between the Loan Effective DateLender and the Borrower from time to time. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Master Loan Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day any calendar day (the “Request Day”) an Authorized Agent of Borrower may by email, directed to the Lender email address identified for such requests in Exhibit A, make a Lending Request for a Borrowed Asset. Lender shall by email, directed to an Authorized Agent identified in Exhibit A, inform ▇▇▇▇▇▇▇▇ whether ▇▇▇▇▇▇ agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (i) The type of Borrowed Asset requested; (ii) the amount of Borrowed Asset requested; (iii) whether the Loan is a Term Loan or an Open Loan; (iv) the Loan Effective DateDate (which in the case of any Borrowed Asset consisting of Dollars, shall be a Business Day); (v) the Maturity Date (if a Term Loan); (vi) the Collateral; and (vii) other applicable information on the Loan Term Sheet Sheet. If ▇▇▇▇▇▇ agrees to make a Loan, ▇▇▇▇▇▇ shall transmit to either (x) Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire the amount of Dollars, as applicable, as such Digital Currency Address or bank wire instruction is set forth in the Lending Request, on the Loan Effective Date. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.

Loan Procedure. From time to time during the Term of this Agreement, on a Business Day (the “Request Day”) an Authorized Agent of Borrower may by email, directed to the Lender email address identified for such requests in Exhibit A[***], make a Lending Request for a Borrowed Asset. Lender shall by email, directed to an Authorized Agent identified in Exhibit A[***], inform ▇▇▇▇▇▇▇▇ whether ▇▇▇▇▇▇ agrees to make such a Loan by 5:00 pm New York time on the day of receiving a Lending Request. If Borrower does not receive an email informing it of Lender’s agreement within such period, Borrower’s Lending Request is withdrawn. As part of its Lending Request, Borrower shall provide the following information: (i) The type of Borrowed Asset requested; (ii) the amount of Borrowed Asset requested; (iii) whether the Loan is a Term Loan or an Open Loan; ; (iv) the Loan Effective Date; (v) the Maturity Date (if a Term Loan); (vi) the Collateral; and (vii) other applicable information on the Loan Term Sheet If ▇▇▇▇▇▇ agrees to make a Loan, ▇▇▇▇▇▇ shall transmit to either (x) Borrower’s Digital Currency Address the amount of Digital Currency, or (y) Borrower’s bank account by bank wire the amount of Dollars, as applicable, as such Digital Currency Address or bank wire instruction is set forth in the Lending Request, on the Loan Effective Date. The specific and final terms of a Loan shall be memorialized using the Loan Term Sheet. In the event of a conflict of terms between this Agreement and a Loan Term Sheet, the terms in the Loan Term Sheet shall govern.