Supported Virtual Assets Clause Samples

The 'Supported Virtual Assets' clause defines which digital assets or cryptocurrencies are recognized and permitted for use under the agreement. Typically, this clause lists specific virtual assets, such as Bitcoin or Ethereum, or refers to a schedule where these assets are enumerated, and may also outline criteria for adding or removing assets from the list. Its core practical function is to provide clarity and certainty to all parties about which virtual assets are covered, thereby reducing the risk of disputes or confusion regarding the scope of permissible transactions.
Supported Virtual Assets. Your Virtual Asset Wallet is intended solely for proper use of Supported Virtual Assets as designated on the Platform. Under no circumstances should you attempt to use your Virtual Asset Wallet to store, send, request, or receive any assets other than Supported Virtual Assets. Backpack Exchange assumes no responsibility in connection with any attempt to use your Virtual Asset Wallet with Virtual Assets that we do not support. You acknowledge and agree that Backpack Exchange is not liable for any unsupported Virtual Asset that is sent to a wallet associated with your Account. Backpack Exchange may in its sole discretion terminate support for any particular Virtual Asset. If you do not sell or send such Virtual Asset off platform before Backpack Exchange terminates its support for such Virtual Asset, then Backpack Exchange may, in its discretion, remove such Virtual Asset from your Virtual Asset Wallet and credit your Account the equivalent market value of a Supported Virtual Asset or fiat currency minus transaction costs. To see the most current list of Supported Virtual Assets, please visit the Platform here.
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Supported Virtual Assets. 13.1. Our Services are available only in connection with those Virtual Assets that we support, and this may change from time to time. The Client should inquire the Custodian as to the specific Virtual Assets supported. 13.2. Under no circumstances should you attempt to use your Account to receive, store or transfer Virtual Assets in any form that we do not support. We assume no responsibility or liability in connection with any attempt to use your Account for Virtual Assets that we do not support. You acknowledge and agree that we bear no responsibility and are not liable for any unsupported Virtual Assets that are sent to a wallet associated with your Account. 13.3. We may in our absolute and sole discretion terminate support for any Virtual Asset. We will provide you no less than 7 calendar days’ notice via email to announce the end of such support. If you do not transfer such Virtual Asset from your Account during this time, we reserve the right to withdraw such Virtual Assets from your Account and credit your account with the market value of a supported Virtual Asset (which denomination will be selected in our absolute and sole discretion). 13.4. You acknowledge and agree that supplemental protocols and/or other functionalities are excluded from Accepted Virtual Asset and that we have no liability for any losses related to supplemental protocols This exclusion includes but is not limited to: metacoins, colored coins, side chains, or other derivative, enhanced, or forked protocols, tokens, or coins or other functionality, such as staking, protocol governance, and/or any smart contract functionality, which may supplement or interact with a supported Virtual Asset. Do not use your Account to attempt to receive, store, transfer or engage in any other type of transaction or functionality involving any such supplemental protocols, as the Account is not configured to detect, secure, or process these transactions and functionalities. Any attempted transactions in such items will result in loss of the item.
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Supported Virtual Assets. Your Virtual Asset Wallet is intended solely for proper use of Supported Virtual Assets as designated on the Platform. Under no circumstances should you attempt to use your Virtual Asset Wallet to store, send, request, or receive any assets other than Supported Virtual Assets. Backpack Exchange assumes no responsibility in connection with any attempt to use your Virtual Asset Wallet with Virtual Assets that we do not support. You acknowledge and agree that Backpack Exchange is not liable for any unsupported Virtual Asset that is sent to a wallet associated with your Account. Backpack Exchange may in its sole discretion terminate support for any particular Virtual Asset. If you do not sell or send such Virtual Asset off platform before Backpack Exchange terminates its support
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Supported Virtual Assets. ▇▇▇▇.▇▇’s Wallet is available only in connection with those Virtual Assets that we support. ▇▇▇▇.▇▇ retains the exclusive right to determine which Virtual Assets are available through our Services for transfer, storage, trading, purchase, or sale. Under no circumstances should you attempt to use the Services to store, send, request, or receive Virtual Assets, in any form, that we do not support. Virtual Assets sent to a wallet or wallet address that are not supported by ▇▇▇▇.▇▇ may be lost and may not be refunded. You should always verify that the wallet address to which you are sending Virtual Assets is entered correctly prior to sending any Virtual Assets from your ▇▇▇▇.▇▇ Account. We do not assume any responsibility or liability in connection with any attempt to use the Services for Virtual Assets that we do not support. If ▇▇▇▇.▇▇ ceases to support the transfer or storage of a particular Virtual Asset, ▇▇▇▇.▇▇ will use commercially reasonable efforts to notify you in advance so as to afford you with an opportunity to transfer the affected Virtual Asset from your Wallet to an External Address. If you do not transfer the affected Virtual Asset out of your Wallet prior to cessation of support for the Virtual Asset by ▇▇▇▇.▇▇, the Virtual Asset may be lost due to your inability to access, transfer, or otherwise control the Virtual Asset. Similarly, any pending Orders or related transfers involving the affected Virtual Asset will not be processed and will be deemed null and void once ▇▇▇▇.▇▇ ceases to support a Virtual Asset. You acknowledge ▇▇▇▇.▇▇ will not be liable to you for any losses, unrealised gains, liability, damages, or expenses related to its decision to cease any support for any Virtual Asset or your failure to transfer the affected Virtual Asset out of your Wallet prior to cessation of support for the Virtual Asset by ▇▇▇▇.▇▇.
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Supported Virtual Assets 
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Related to Supported Virtual Assets

  • Television Equipment Recycling Program If this Contract is for the purchase or lease of covered television equipment, then Contractor certifies that it is compliance with Subchapter Z, Chapter 361 of the Texas Health and Safety Code related to the Television Equipment Recycling Program.

  • Computer Equipment Recycling Program If this Contract is for the purchase or lease of computer equipment, then Contractor certifies that it is in compliance with Subchapter Y, Chapter 361 of the Texas Health and Safety Code related to the Computer Equipment Recycling Program and the Texas Commission on Environmental Quality rules in 30 TAC Chapter 328.

  • Inventory To the extent Inventory held for sale or lease has been produced by any Borrower, it has been and will be produced by such Borrower in accordance with the Federal Fair Labor Standards Act of 1938, as amended, and all rules, regulations and orders thereunder.