Private Keys Sample Clauses
The Private Keys clause defines the responsibilities and obligations related to the management and security of cryptographic private keys used in a contractual relationship. Typically, it specifies which party is responsible for generating, storing, and safeguarding private keys, and may outline procedures for reporting loss or compromise. This clause is essential for ensuring the integrity and security of digital transactions or assets, as it allocates risk and clarifies accountability in the event of unauthorized access or misuse of private keys.
Private Keys. Tokens purchased by Purchaser may be held by Purchaser in Purchaser’s digital wallet or vault, which requires a private key, or a combination of private keys, for access. Accordingly, loss of requisite private key(s) associated with Purchaser’s digital wallet or vault storing Tokens will most likely result in loss of such Tokens. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet or vault service Purchaser uses, may be able to misappropriate Purchaser’s Tokens. Token Generator is not responsible for any such losses.
Private Keys. ▇▇▇ ▇▇▇▇▇▇ purchased by Buyer may be held by ▇▇▇▇▇ in Buyer’s digital wallet or vault, which requires a private key, or a combination of private keys, for access. Loss of requisite private key(s) associated with Buyer’s digital wallet or vault storing WUN Tokens will result in loss of access to Buyer’s WUN Token balance and/or loss of such WUN Tokens. Any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet or vault service Buyer uses, may be able to misappropriate Buyer’s WUN Tokens. Seller is not responsible for any such losses. Seller is not responsible for a direct or indirect loss of WUN tokens purchased from Wunbit and/or biweekly token owner rewards, or non-receipt of WUN tokens or rewards, in case if Buyer uses a third-party wallet without access to his/her private keys for purchase or receipt of WUN tokens and token owner rewards. Buyer acknowledges, understands and accepts the risk related to the loss of private keys.
Private Keys. Consultants shall not hold Client’s private keys, ensuring Client retains control via audited custodians.
Private Keys. The tokens and NFTs held by you in a digital wallet or vault of any blockchain, requires a private key, or a combination of private keys, for access. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault and the password to our SUPACharge mobile application may result in your inability to access and use of our Services and App. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials, may be able to access your SUPACharge mobile application to use the Services and App. You are responsible to backup and secure your own private key(s), and SUPACharge will not be responsible for loss or theft of your private key(s) including any loss associated with this. SUPACharge does not store any of your private key(s) on our servers.
Private Keys. WINS Tokens purchased by Buyer may be held by ▇▇▇▇▇ in Buyer’s digital wallet or vault, which requires a private key, or a combination of private keys, for access. Loss of requisite private key(s) associated with ▇▇▇▇▇’s digital wallet or vault storing WINS Tokens will result in loss of access to Buyer’s WINS Token balance and/or loss of such WINS Tokens. Any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet or vault service Buyer uses, may be able to misappropriate Buyer’s WINS Tokens. Seller is not responsible for any such losses. Buyer acknowledges, understands and accepts the risk related to the loss of private keys.
Private Keys. Immutable will not have access to, or keep any copies of any Private Key in respect of any NFT minted using the Protocol, nor will Immutable have any title or interest in the NFTs which are listed, minted or traded by the Licensee using the Protocol other than the right to the Fees set out in this agreement.
Private Keys. 9.1 Your mobile device securely stores all supported Cryptocurrency private keys (“Private Keys”) associated with Your Account. You accept and agree that you shall retain full ownership and control of the Private Keys associated with your Account and that You shall have full control of, access to, or the ability to use, such Private Keys. For example, but without limiting the generality of the foregoing, We will not:
(i) be able to access your on-chain wallets and or any of the balances associated with any of the addresses associated derivable from the keys owned by you;
(ii) be able to assist, refund, return or replace any crypto-currency or any wallet or any address related balance as a result of lost private keys, misplaced device or similar;
9.2 When you use Your lastbit Wallet to send or receive Cryptocurrency, the transaction must be confirmed and recorded in the public ledger associated with the relevant Cryptocurrency network (e.g. the Bitcoin network or the Ethereum network). That network is solely responsible for verifying and confirming any such transactions. We cannot confirm, cancel or reverse any transaction on a Cryptocurrency network, other than confirming to You through the user interface that the network has completed the transaction.
9.3 The mnemonic displayed on application setup is the root of all derived keys and credentials to use the lastbit mobile application. Any individual with access to this mnemonic can access all funds related to your bitcoin, lightning and debit card accounts. Lastbit will not be responsible for lost, misplaced, stolen or otherwise misused mnemonics. You consent to storing this mnemonic safely and understand that this mnemonic is a single point of failure if not used with a passphrase. Lastbit recommends best security practices by using a passphrase in addition to the mnemonic.
9.4 The mnemonic cannot be changed or otherwise modified once created. Every new mnemonic as per the Bitcoin Improvement Proposal 39 wordlist, will lead to the generation of a new, valid and unique wallet. Lastbit cannot control, influence or modify this outcome in the case of lost mnemonics, stolen private keys or other security breaches.
