Common use of Definitions Clause in Contracts

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 types of Loans, a Bullet Loan and an Instalment Loan. 2.14. Loan Agreement – an agreement for a loan between a Customer and Novum which includes the credit agreement document, these present Credit Terms, any Invoice and any amendment thereto. 2.15. Loan Amount – an amount ranging from one hundred Euro (EUR 100) to three thousand Euro (EUR 3000), as agreed with the Customer in the individual case. 2.16. Loan Application – the Customer’s request to enter into a Loan under a Loan Agreement with Novum, such request following the form and procedure set forth in Clause 3 hereof. 2.17. Loan Interest – the interest payable by the Customer in respect of a Loan as set out in Part 3. 2.18. Micro Loan – means a Loan with net Loan Amount of up to EUR 199,99. 2.19. Website – xxx.xxxxxxx.xx 2.20. Annual Percentage Rate of Charge – means the total cost of the credit to the consumer, expressed as an annual percentage of the total amount of credit (cf. § 27 Verbraucherkreditgesetz)

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 types of Loans, a Bullet Loan and an Instalment Loan. 2.14. Loan Agreement – an agreement for a loan between a Customer and Novum which includes the credit agreement document, these present Credit Terms, any Invoice and any amendment thereto. 2.15. Loan Amount – an amount ranging from one hundred Euro (EUR 100) to three thousand Euro (EUR 3000), as agreed with the Customer in the individual case. 2.16. Loan Application – the Customer’s 's request to enter into a Loan under a Loan Agreement with Novum, such request following the form and procedure set forth in Clause 3 hereof. 2.17. Loan Interest – the interest payable by the Customer in respect of a Loan as set out in Part 3. 2.18. Micro Loan – means a Loan with net Loan Amount of up to EUR 199,99. 2.19. Website – xxx.xxxxxxx.xx 2.20. Annual Percentage Rate of Charge – means the total cost of the credit to the consumer, expressed as an annual percentage of the total amount of credit (cf. § 27 Verbraucherkreditgesetz)

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 greed 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 public holidays and 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 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 (“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 types of Loans, a Bullet Loan and an Instalment Loan. 2.14. Loan Agreement – an agreement for a loan between a Customer and Novum which includes the credit agreement document, these present Credit Terms, any Invoice and any amendment thereto. 2.15. Loan Amount – an amount ranging from one hundred Euro (EUR 100) to three thousand Euro (EUR 3000), as agreed with the Customer in the individual case. 2.16. Loan Application – the Customer’s 's request to enter into a Loan under a Loan Agreement with Novum, such request following the form and procedure set forth in Clause 3 hereof. 2.17. Loan Interest – the interest payable by the Customer in respect of a Loan as set out in Part 3. 2.18. Micro Loan – means a Loan with net Loan Amount of up to EUR 199,99. 2.19. Website – xxx.xxxxxxx.xx 2.20. Annual Percentage Rate of Charge – means the total cost of the credit to the consumer, expressed as an annual percentage of the total amount of credit (cf. § 27 Verbraucherkreditgesetz)

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 public holidays and 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 types of Loans, a Bullet Loan and an Instalment Loan. 2.14. Loan Agreement – an agreement for a loan between a Customer and Novum which includes the credit agreement document, these present Credit Terms, any Invoice and any amendment thereto. 2.15. Loan Amount – an amount ranging from one hundred Euro (EUR 100) to three thousand Euro (EUR 3000), as agreed with the Customer in the individual case. 2.16. Loan Application – the Customer’s 's request to enter into a Loan under a Loan Agreement with Novum, such request following the form and procedure set forth in Clause 3 hereof. 2.17. Loan Interest – the interest payable by the Customer in respect of a Loan as set out in Part 3. 2.18. Micro Loan – means a Loan with net Loan Amount of up to EUR 199,99. 2.19. Website – xxx.xxxxxxx.xx 2.20. Annual Percentage Rate of Charge – means the total cost of the credit to the consumer, expressed as an annual percentage of the total amount of credit (cf. § 27 Verbraucherkreditgesetz)

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 types of Loans, a Bullet Loan and an Instalment Loan. 2.14. Loan Agreement – an agreement for a loan between a Customer and Novum which includes the credit agreement document, these present Credit Terms, any Invoice and any amendment thereto. 2.15. Loan Amount – an amount ranging from one hundred Euro (EUR 100) to three thousand Euro (EUR 3000), as agreed with the Customer in the individual case. 2.16. Loan Application – the Customer’s 's request to enter into a Loan under a Loan Agreement with Novum, such request following the form and procedure set forth in Clause 3 hereof. 2.17. Loan Interest – the interest payable by the Customer in respect of a Loan as set out in Part 3. 2.18. Micro Loan – means a Loan with net Loan Amount of up to EUR 199,99. 2.19. Website – xxx.xxxxxxx.xx 2.20. Annual Percentage Rate of Charge – means the total cost of the credit to the consumer, expressed as an annual percentage of the total amount of credit (cf. § 27 Verbraucherkreditgesetz)