Definitions. 2.1. Account – the personal user account created on the Website for each Customer who has concluded a Master Loan Agreement with Ferratum.
2.2. Calculator – a tool made available on the Website to enable the Customer to calculate the Loan Interest in relation to the desired Loan amount and repayment period.
2.3. Common Message Services – include SMS, E-Mail or similar commonly used electronic message services.
2.4. Creditor – see below 2.8
2.5. Customer – an Eligible Customer, who entered into a Master Loan Agreement with the Creditor, or has declared such intent.
2.6. Due Amounts – in the event of a withdrawal from or termination of the Master Loan Agreement, this means the accumulated Loan amounts under the Master Loan Agreement with the Customer together with the accrued Loan Interest on these accumulated Loan amounts. For the purpose of calculating the pro-rata Loan Interest due, Ferratum shall take into account the daily interest rate stipulated in Appendix 1, attached to these Standard Terms and forming an integral part hereof.
2.7. Eligible Customer – any natural person having reached or exceeded the age of 18 years with permanent residence in the Federal Republic of Germany.
2.8. Ferratum – the credit institution indicated in clause 1 above, also referred to as the Creditor.
2.9. Info Sheet – the Standard European Consumer Credit Information Sheet regarding the Loans, which forms an integral part of the Master Loan Agreement.
2.10. Invoice – the document which contains the Loan amount, the date of application for the Loan, amount due in respect of each instalment and the instalment repayment dates, and any other fees and charges payable in terms of the Master Loan Agreement and which is considered, until the repayment of all amounts due thereunder, to form an integral part of the Loan Agreement.
2.11. Loan – each individual loan of Ferratum to a Customer received or applied for under the Master Loan Agreement which has been issued by Ferratum upon an application by the Customer for an amount which is not lower than fifty Euro (€50) and not higher than one thousand five hundred Euro (€1500) and which has a repayment period of no longer than sixty two (62) days.
2.12. Loan Application – the Customer's offer to enter into a Loan under a valid Master Loan Agreement with Ferratum, such offer following the form and procedure set forth by Ferratum.
2.13. Loan Interest – the interest payable by the Customer in respect of the Loan calculated as specified in...
Definitions. 2.1. User Account – the personal user account created on the Website for each Customer who has submitted a Loan Application to Novum in line with Clause 3.11. here below.
2.2. Ancillary Services – services made available to upgrade the standard handling and (re-)payment process of the Loan Agreement as set out in Part 2 and Part 4.
2.3. Bullet Loans – a Loan which has to be repaid after fifteen (15) or thirty (30) days, as agreed with the Customer in the individual case, and repayment of the Loan Amount and Loan Interest shall occur in one (1) instalment on the last day of the respective repayment period.
2.4. Business Day – Monday till Friday except bank holidays of the TARGET 2 system.
2.5. Consumer Credit – means a Loan with a net Loan Amount of EUR 200 or higher.
2.6. Credit Terms – means the totality of these “Terms and Conditions Applicable to Customers in Austria” (all of its parts).
2.7. Customer – means each borrower to a Loan.
2.8. Customer Care – all activities to assist our (initial) customer; answering questions on the phone or on durable medium; customer care does not encompass any form of advertisement.
2.9. Force Majeure – is understood to mean an event that is unpredictable and beyond the parties’ control, e.g. strike, legislative restriction imposed by the government or an EU authority, sabotage, uprising, natural disasters or similar circumstances causing temporary impossibility in fulfilling the obligations.
2.10. Instalment Loan – a Loan which has a repayment period of two (2) months and repayment of the Loan Amount and Loan Interest shall occur in two (2) equal instalments (“2-terms Instalment”) on the day agreed between the parties, by default this being the day the Customer receives his/her income (cf. Clause 9.4).
2.11. Invoice – the document which states, amongst others, the Loan Amount, the start date of the Loan, amount due in respect of each instalment and the instalment repayment dates and any other fees and charges payable in terms of the Loan Agreement and which is considered, until the repayment of all amounts due thereunder, to form an integral part of the Loan Agreement and which is provided to the Customer.
2.12. Law – means any applicable law, statute, constitution, decree, judgment, case-law, treaty, regulation, directive, by-law, order or any other legislative measure of any government or other statutory or regulatory body.
2.13. Loan – a loan which has been issued by Novum under a Loan Agreement. Novum offers two typ...
Definitions. Whenever capitalized in this Agreement:
Definitions. 2.1 Definitions: “Proprietor”: A natural or legal person that accommodates guests against a fee.
Definitions. 2.1. Account – the personal user account created on the Website for each Customer who has concluded a Loan Application with Novum in line with Clause 3.8. here below.
2.2. Annual Percentage Rate - means the total cost of the consumer loan to the consumer expressed as an annual percentage of the net loan amount; the calculation of the annual percentage rate is regulated by law in Section 16 of the Price Indication Ordinance (PAngV) and the Annex to Section 16 PAngV.
2.3. Bullet Loans – a Loan which has to be repaid after fifteen (15) or thirty (30) days and repayment of the Loan Amount and payment of the Loan Interest shall occur in one (1) instalment on the last day of the respective repayment period.
2.4. Business Day – Monday till Friday except public and bank holidays in Malta and/or Germany.
2.5. Consumer Credit – means a net Consumer Loan Agreement in the Amount of EUR 200 or higher.
2.6. Credit Terms – means the Credit Terms of the Loan Agreement applicable to customers in Germany.
2.7. Customer - means each borrower to a Loan Agreement
2.8. Customer Care – all activities to assist our (initial) customer; answering questions on the phone, or another durable medium.
2.9. Force Majeure – is understood to mean an event that is unpredictable, extraordinary and beyond the parties' control, e.g. in the form of strike, legislative restriction imposed by the government or an EU authority, sabotage, uprising, natural disasters or similar circumstances causing temporary impossibility in fulfilling the obligations.
2.10. Instalment Loan – a Loan which has a minimum repayment period of two (2) months and repayment of the Loan Amount and Loan Interest shall occur in two (2) or more equal instalments on the day indicated in the Loan Agreement.
2.11. Invoice – the document which contains, amongst others, the Loan Amount, the start date of the Loan, amount due in respect of each instalment and the instalment repayment dates and any other fees and charges payable in terms of the Loan Agreement and which is considered, until the repayment of all amounts due thereunder, to form an integral part of the Loan Agreement and which is provided to the Customer.
2.12. Law – means any applicable law, statute, constitution, decree, treaty, regulation, directive, by-law, order or any other legislative measure of any government or other statutory body, any administrative provision or decree by a regulatory body as well as court judgments.
2.13. Loan – a loan which has been granted...
Definitions. For the purposes of this contract, the following terms shall have the following meanings ascribed to them: „Wertsteigerungszins" (Unternehmenswertbeteiligung): Der „Wertsteigerungszins" berechnet sich durch Multiplikation des Beteiligungs-Anteils mit entweder (i) dem Unternehmenswert oder
Definitions. 2.1. Account – the personal user account created on the Website for each Customer who has concluded a Loan Application with Novum in line with Clause 3.9. here below.
2.2. Bullet Loans – a Loan which has to be repaid after fifteen (15) or thirty (30) days and repayment of the loan amount and Loan Interest shall occur in one (1) instalment on the last day of the respective repayment period.
2.3. Consumer Credit – means a net loan amount of EUR 200 or higher.
2.4. Credit Terms – means the Credit Terms of the Loan Agreement applicable to customers in Germany contained in Part 1 [and the Optional Ancillary Services applicable to customers in Germany contained in Part 2].
2.5. Customer Care – all activities to assist our (initial) customer; answering questions on the phone, or another durable medium.
2.6. Force Majeure – is understood to mean an event that is unpredictable and beyond the parties' control, e.g. strike, legislative restriction imposed by the government or an EU authority, sabotage, uprising, natural disasters or similar circumstances causing temporary impossibility in fulfilling the obligations.
2.7. Instalment Loan – a Loan which has a repayment period of two (2) or three (3) months and repayment of the loan amount and Loan Interest shall occur in two (2) or three (3) equal instalments at the day the Customer receives his/her income.
2.8. Invoice – the document which contains the Loan amount, the start date of the Loan, amount due in respect of each instalment and the instalment repayment dates and any other fees and charges payable in terms of the Loan Agreement and which is considered, until the repayment of all amounts due thereunder, to form an integral part of the Loan Agreement.
2.9. Law – means any law, statute, constitution, decree, judgment, treaty, regulation, directive, by-law, order or any other legislative measure of any government or other statutory or regulatory body.
2.10. Loan – a loan which has been issued by Novum under the Loan Agreement upon acceptance of a Loan Application by the Customer. Novum offers two types of Loans, a Bullet Loan and an Instalment Loan.
Definitions. The following terms will have the following meanings: “Accounting Standard” means generally accepted accounting practices and principles in the country in which the Issuer is incorporated.
Definitions. In this Agreement, the following terms, which are capitalized, shall have the respective meanings set forth below if they are not defined elsewhere.
1.1 “Activation date” means the date from which the relevant Software Product is made available to the Customer, as specified in a Quote and is, in the reasonable opinion of Nextlane, capable of operational use or performance by the Customer.
1.2 “Agreement” means the documents as referred to in Section 2.1, and any amendments made pursuant to Section 17.7, this list being limitative.
1.3 “Affiliates” means any corporation or other entity that controls, is controlled by, or is under common control with a Party. A corporation or other entity will be deemed to control another if it owns or controls more than fifty percent (50%) of the voting stock or other ownership interest in the corporation or entity.
1.4 “Analytic Data” means non-identifiable, aggregated data processed by the Software Product and/or anonymized information regarding Nextlane customers’ use of Software Product (excluding always personal data).
1.5 “Applicable Laws” mean the laws, rules, regulations, and other binding requirements of a relevant government authority that apply to or govern Nextlane or Customer, including governing law (Section 17.15), Data Protection Laws, antibribery and export control laws.
1.6 “Authorized User(s)” means Customer’s employees or contractors duly authorized by Customer to use the Software Product in accordance with the Agreement.
1.7 “Business Day” means working days of the week where the Services are provided by Nextlane to Customer, as specified in the Territory Specific Terms.
1.8 “Charges” means the price agreed between the Parties in consideration of the right to use the Software Product(s) and/or Services, as further described in a Quote.
1.9 “Claim of Infringement”: any claim made by a third party against the Customer alleging that the
Definitions. “Client Software” means software that is installed on a Device that allows the Device to access or utilize the Products. “Device” means each of a computer, workstation, terminal, handheld PC, pager, telephone, personal digital assistant, “smart phone,” server or any other hardware where software can be installed that would allow End User to interact with the Product. “End User” means an individual or legal entity that obtains Software Services directly from Customer, or indirectly through a Software Services Reseller.