Common use of Technology Clause in Contracts

Technology. The Tokens/coins may be migrated to another underlying distributed ledger protocol, standard or technology in the future should the nodes of the Diamante Net determine, that doing so is necessary or desirable. If you fail to effectuate such migration, the Tokens/coins may get lost. Notwithstanding any other provision of this Agreement, Company shall not be responsible or liable for any damages, losses, costs, fines, penalties or expenses of whatever nature, whether or not reasonably foreseeable by the Parties, which you may suffer, sustain, or incur, arising out of or relating to your failure to effectuate such migration of your Tokens/coins to another protocol or technology.

Appears in 14 contracts

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

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