Purchased NFT definition

Purchased NFT means an NFT that you Own.
Purchased NFT means an NFT that one has purchased and thus Owns altogether with the related Complete Art.
Purchased NFT means the NFT that you Own

Examples of Purchased NFT in a sentence

  • The License granted in Section 3 above applies only to the extent that you continue to Own the applicable Purchased NFT.

  • Upon completion of a Purchase, you will be granted title and ownership of the Purchased NFT, subject to the limitations set forth herein.

  • If at any time you sell, trade, donate, give away, or otherwise transfer Ownership of your Purchased NFT for any reason, the License granted in Section 3 will immediately be transferred to the new Owner with respect to that NFT as set forth above in Section 3.c. without the requirement of notice, and you will have no further rights in or to the Art associated with that NFT.

  • While you Own the Purchased NFT, you may sublicense your rights under the License to third parties, but only on condition that such sublicenses shall terminate upon any change in Ownership of the Purchased NFT.

  • The License granted hereunder is not assignable or transferable except in connection with your sale of the Purchased NFT, and you acknowledge and agree that upon such sale the License shall be transferred by operation of law and the terms of this License to the person or entity to whom you convey Ownership of the Purchased NFT.


More Definitions of Purchased NFT

Purchased NFT means an NFT that one has purchased, bought or otherwise rightfully acquired from a legitimate source, where proof of such purchase is recorded on the relevant blockchain, thus becoming the Owner of the Purchased NFT and associated License on the Work, under the terms set forth below.
Purchased NFT means an NFT that a Holder has purchased, acquired or otherwise hold as so recorded by the relevant smart contract.
Purchased NFT means an NFT from the Project that you Own. "Creator" means, collectively, the individuals, companies, organizations and/or other entities that first offered the Project NFTs for sale, minting, giveaway, or trading (for example, and as applicable, the artist(s) and/or software developer(s) who authored the Project NFTs and Smart Contracts and initially made the NFTs available for sale on an NFT marketplace).
Purchased NFT an NFT that you Own.
Purchased NFT means an NFT that one has purchased, or acquired in any way, and thus Owns altogether with the related Art.
Purchased NFT means an NFT that you Own and “Purchase” shall be construed accordingly. “Third Party IP” means any third party patent rights (including, without limitation, patent applications and disclosures), copyrights, trade secrets, trademarks, know-how or any other intellectual property rights recognized in any country or jurisdiction in the world. 2. Ownership and security 2.1 You acknowledge and agree that Astro Laboratories ltd own all legal right, title and interest in and to the Art, and all intellectual property rights therein. 2.2 The rights that you have in and to the Art are limited to those described in these Terms and Conditions below. 2.3 Astro Laboratories ltd reserve all rights in and to the Art not expressly granted to you in these Terms and Conditions. 2.4 All Purchases of NFTs, as well as associated charges, are non-refundable. This no-refund policy shall apply at all times regardless of your decision to terminate usage of the Purchased NFTs, any disruption to the operations of any components of the Purchased NFTs, or any other reason whatsoever. 2.5 You are entirely responsible for the safety and management of your own private Ethereum wallets and validating all transactions and contracts generated before approval. 2.6 Please be aware that there is no ability to undo, reverse, or restore any transactions once processed so please undertake your own due diligence before purchasing any NFTs. 2.7 The NFTs are provided “as is” and “as available” without warranty of any kind. By purchasing NFTs you are accepting sole responsibility for any and all transactions, whether valid or otherwise. 3. License Subject to your continued compliance with these Terms and Conditions, Astro Laboratories ltd grant you a worldwide, non-exclusive, non-transferable, royalty-free license to use, copy, and display the Art for your Purchased NFTs, solely for the following purposes: 1. for your own personal, non-commercial use; 2. as part of a marketplace that permits the purchase and sale of your NFTs, provided that the marketplace cryptographically verifies each NFT owner’s rights to display the Art for their Purchased NFTs to ensure that only the actual owner
Purchased NFT means an NFT that one has purchased, or acquired in any way, and thus Owns altogether with certain rights to the related Data.