Common use of Risk of Government Action Clause in Contracts

Risk of Government Action. The industry in which the Company Parties operate 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 the Company Parties and/or pursue enforcement actions against them. All of this may subject Company Parties to judgments, settlements, fines or penCM2Ties, or cause Company Parties to restructure their operations and activities or to cease offering certain products or services, all of which could harm Company Parties' reputation or lead to higher operational costs, which may, in turn, have a material adverse effect on the Tokens and/or the development of the Platform.

Appears in 1 contract

Samples: Tokens Acquisition Agreement

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Risk of Government Action. The industry in which the Company Parties operate is new 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 the Company Parties and/or pursue enforcement actions against them. All of this may subject Company Parties to judgments, settlements, fines or penCM2Tiespenalties, or cause Company Parties to restructure their operations and activities or to cease offering certain products or services, all of which could harm Company Parties' reputation or lead to higher operational costs, which may, may in turn, turn have a material adverse effect on the Tokens and/or the development of the Platform.

Appears in 1 contract

Samples: Token Agreement

Risk of Government Action. The industry in which the Company Parties operate 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 the Company Parties and/or pursue enforcement actions against them. All of this may subject Company Parties to judgments, settlements, fines or penCM2Tiespenalties, or cause Company Parties to restructure their operations and activities or to cease offering certain products or services, all of which could harm Company Parties' reputation or lead to higher operational costs, which may, in turn, have a material adverse effect on the Tokens and/or the development of the Platform.

Appears in 1 contract

Samples: tokenstars.com

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Risk of Government Action. The industry in which the Company Parties operate is new new, and it 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 the Company Parties and/or pursue enforcement actions against them. All of this may subject Company Parties to judgments, settlements, fines or penCM2Tiespenalties, or cause Company Parties to restructure their operations and activities or to cease offering certain products or services, all of which could harm Company Parties' reputation or lead to higher operational costs, which may, may in turn, turn have a material materially adverse effect on the Tokens and/or the development of the Platform.

Appears in 1 contract

Samples: Tokens Purchase Agreement

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