Common use of Risk of Government Action Clause in Contracts

Risk of Government Action. As noted above, the industry in which Company, Diamante Blockchain GMBH and its affiliates operates is new and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental authorities will not examine the operations of Company, Diamante Blockchain GMBH or any of its affiliates or pursue enforcement actions against Company, Diamante Blockchain GMBH or any of its affiliates. Such governmental activities may or may not be the result of targeting Company in particular. All of this may subject Company Diamante Blockchain GMBH or any of its affiliates to judgments, settlements, fines or penalties, or cause Company, Diamante Blockchain GMBH or any of its affiliates to restructure its operations and activities or to cease offering certain goods or services, all of which could harm Company's, Diamante Blockchain GMBH's or any of its affiliates' reputation or lead to higher operational costs, which may, in turn,have a material adverse effect on the Tokens/coins or the development and operation of Diamante Net. Tax characterization. The Tax characterization of the Tokens/coins is uncertain. You must seek your own tax advice in connection with purchasing Tokens/coins, which may result in adverse tax consequences to you, including withholding taxes, income taxes, and tax reporting requirements. Company related Risks

Appears in 16 contracts

Samples: Node Purchase Agreement, Node Purchase Agreement, GMBH Diam Purchase Agreement

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