Terms of Service

VENDITOR ULTIMUS

As used in this Terms of Service, “VENDITOR ULTIMUS" refers to the VENDITOR ULTIMUS LTD, with its registered office at Kemp House, 160 City Road, London, United Kingdom, EC1V 2NX.

VENDITOR ULTIMUS is not a financial institution and is currently not under supervision of any financial supervisory authority.



ABOUT THE TERMS

These Terms of Service (“Terms”) constitute an agreement between VENDITOR ULTIMUS and any of its subsidiaries or affiliates (“VENDITOR ULTIMUS, “we”, “us”, “our”) and you (“you”, “user”).

Please read these Terms carefully before using the services described herein and make sure you understand everything.

By accessing our Website located at: www.skyeye.si (“Website”) and utilizing Services offered through our Website and ATM(s), you acknowledge and agree that you have read these Terms and that you accept and undertake to be legally bound by them.

Please also review Privacy Policy for information about how we collect, use and share information collected from you. Privacy Policy is available here.

If you do not agree to any of the specific Terms or meet the specific conditions outlined herein you may not access or use any of Services or Website or ATMs.

VENDITOR ULTIMUS EXPRESSLY DISCLAIMS ANY AND ALL RESPONSIBILITY FOR ANY DIRECT OR CONSEQUENTIAL LOSS OR DAMAGE OF ANY KIND WHATSOEVER ARISING DIRECTLY OR INDIRECTLY FROM: (i) RELIANCE ON ANY INFORMATION CONTAINED IN THESE TERMS, (ii) ANY ERROR, OMISSION OR INACCURACY IN ANY SUCH INFORMATION OR (iii) ANY ACTION RESULTING THEREFROM, (iv) USAGE OR ACQUISITION OF SERVICES, AVAILABLE THROUGH THE WEBSITE.



DEFINITIONS

The following Terms used herein shall have the following meaning:

“Account” means a user account accessible via the Website where user is able to monitor all completed transactions with Cryptocurrencies. Account is created for Registered Users.

“ATM” means electronic telecommunications device that enables Users to perform Services.

“Crypto coupon” means legal tender expressed in Euro currency, exchangeable (redeemable) for purchasing Cryptocurrencies.

“Cryptocurrency” is a term that may be used to describe any form of digital currency (also virtual currency) or crypto assets, including but not limited to Bitcoin, Ether, Ripple, etc.

“Exchange transaction” means a transaction where User exchanges crypto assets into fiat assets or vice versa.

“Funds” means User’s financial or crypto assets, needed to perform and Exchange transaction.

“Registered User” means a User who successfully completed verification process.

“Restricted Use Areas” means areas set out in these Terms.

“Services” is a term describing different services related to exchanging of the Cryptocurrencies to fiat currencies and vice versa, offered by VENDITOR ULTIMUS to registered users.

“Unregistered User” also “guest user” means a User who did not complete verification process and is consequently able to use only a limited scope of Services.



SERVICES

What VENDITOR ULTIMUS provides:

Crypto ATM Services

VENDITOR ULTIMUS is the creator and operator of the network of crypto ATM(s). Through ATMs VENDITOR ULTIMUS provides Services to the Registered and Unregistered Users.

ATMs enables you to exchange (buy, sale) different cryptocurrencies such as Bitcoin, Ethereum, Binance, etc. for fiat currencies and vice versa.


Crypto coupons

VENDITOR ULTIMUS is selling Crypto coupons, as a means of purchasing Cryptocurrencies for Registered and Unregistered Users. Coupon is for sale via crypto ATM and can be cashed out on the Website.

Crypto coupons are freely transferable, meaning that each Crypto coupon can be cashed out by the person other than the buyer of the coupon.

Crypto coupon is exchangeable for Cryptocurrencies which are listed on the Webpage. VENDITOR ULTIMUS holds full discretion on which Cryptocurrencies are exchangeable for Crypto Coupons, meaning that VENDITOR ULTIMUS can freely list and delist specific Cryptocurrencies as being exchangeable for Crypto coupons. VENDITOR ULTIMUS is not guaranteeing in any form, that specific Cryptocurrency will be exchangeable for Crypto coupon. It can happen, that Cryptocurrency that was exchangeable from the Crypto coupon is not exchangeable at the moment when User want to redeem the Crypto coupon.

VENDITOR ULTIMUS will provide exact instructions on how to redeem Crypto coupon for Cryptocurrencies. Instructions will be published on the Website.

Each Crypto coupon is redeemable for a maximum period of 12 months, calculated from the date of purchase. After that Crypto coupon ceases to be redeemable.

The number of Crypto coupons each User is allowed to buy is not limited.

In case of any problems related to Crypto coupons, VENDITOR ULTIMUS will only be responding in case User provides Crypto coupon.

Only Crypto coupons purchased on VENDITOR ULTIMUS ATMs are redeemable on the Website.


What VENDITOR ULTIMUS is not / does not provide:

VENDITOR ULTIMUS does not provide any licensed or regulated financial services, such as investment services, fund management or investment advice.

VENDITOR ULTIMUS is not acting as user’s broker, intermediary, agent or advisory in any fiduciary capacity.

VENDITOR ULTIMUS is not a provider of (a) wallet or custodial services of credentials necessary to access cryptocurrencies or (b) cryptocurrency mining services.

None of the information or analyses presented herein are intended to form the basis for any investment decision, no specific recommendations are intended, andVENDITOR ULTIMUS Services and Website do not offer, are not and shall not be construed as investment or financial products.

Any decision to purchase or sell Cryptocurrencies or Crypto-Coupons on our ATMs is solely your decision and we shall not be liable for any loss suffered.

In the event of any regulatory changes would impact VENDITOR ULTIMUS, VENDITOR ULTIMUS reserves the right to amend the Website and its Services.



RISKS DISCLOSURE

It is your obligation to peruse, comprehend and carefully consider or seek legal advice as to the risks described below in addition to the other information stated herein before deciding to access our Website, ATMs and use our Services.

You acknowledge, agree and warrant that you have been warned of the potential risks involved by using our Services, Website and ATMs and other relevant technologies mentioned herein as well as that there may be other risks involved, which are not specified herein and that you fully accept such risks.


Trading risk

Value of Cryptocurrencies may fluctuate and you may suffer loss in value of such acquired Cryptocurrencies (risk of loss of value). You may sustain a total loss of your investment in Cryptocurrencies.

Crypto Assets in general are entirely uninsured and unregulated and are unlike bank accounts or accounts at some other financial institutions. There is no central bank that issue Cryptocurrencies or take corrective measures to protect the value of Crypto Assets in crisis (risk of uninsured losses).


Hardware risks

ATMs might not be operational all the time. This is for the reason of hardware of software maintenance, malfunctions or for any kind of business reasons.


Tech risks

There are risks associated with utilizing an internet-based Cryptocurrencies, Services, ATMs and Website including, but not limited to, the failure of hardware, software, and Internet connections (Internet transmission risks).

There are risks associated with cryptography, such as code cracking or technical advances such as the development of quantum computers, could present risks to all crypto-currencies including our Services (Cryptography risks). This could result in the theft, loss, disappearance, destruction or devaluation of the Cryptocurrencies. To a reasonable extent, VENDITOR ULTIMUS will be prepared to take proactive or remedial steps to update the protocol underlying Services in response to any advances in cryptography and to incorporate additional reasonable security measures where appropriate. It is impossible to predict the future of cryptography or the future of security innovations to an extent that would permit VENDITOR ULTIMUS accurately guide the development of Services to take into account such unforeseeable changes in the domains of cryptography or security.

Hackers or other groups or organizations may attempt to interfere with your third-party wallet, the Website or the availability of Services in any number of ways, including without limitation denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus-based attacks (risk of theft and hacking).


Legal/compliance risks

Cryptocurrencies have been the subject of scrutiny by various regulatory bodies around the world (regulatory risk). Cryptocurrencies could be impacted by one or more regulatory inquiries or actions, including but not limited to restrictions on the tradability or possession of Cryptocurrencies, which could impede or limit their existence, permissibility of their use and possession, and their value.

There is a risk that in some jurisdictions Cryptocurrencies might be considered to be a security (i.e. regulated financial instrument), now or in the future (legal risk). VENDITOR ULTIMUS does not give warranties or guarantees that Cryptocurrencies are not a security in any jurisdiction. Each user shall bear its own legal or financial consequences of Cryptocurrencies being considered a security in their respective jurisdiction. The legal ability of VENDITOR ULTIMUS to provide Cryptocurrencies in some jurisdictions may be eliminated by future regulation or legal actions. In the event, it turns out with a high degree of certainty that Cryptocurrencies are not legal in certain jurisdiction, VENDITOR ULTIMUS will based on its sole discretion either (a) cease operations in that jurisdiction, or (b) adjust Services in a way to comply with the regulation should that be possible and viable. It is your obligation to check if acquisition and disposal of Cryptocurrencies is legal in your jurisdiction, and by accepting these Terms you expressly agree and warrant that you will not trade with Cryptocurrencies should their use not be legal in the relevant jurisdiction.



USER’S ELIGIBILITY

By using our Services and accessing our Website you represent and warrant that you: (a) are at least 18 years old; (b) you have full power and authority to enter into this agreement (c) have not been previously suspended or removed from using our Services.

Our Services, ATMs and Website are not directed or allowed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the availability of the Services is or may be prohibited. Due to legal restrictions and/or our business discretion you are not allowed to access our Website, ATMs or Services if you are a located in, under the control of, resident, habitant or citizen of the countries listed on our List of Restricted Countries, available at ____________________ or if you are a resident, citizen or if you are located in any other jurisdiction in which applicable laws prohibit you to access our Website, ATMs and Services (“Restricted Use Areas”).

VENDITOR ULTIMUS explicitly prohibits persons or entities in restricted use areas to use its Website, ATMs and Services and VENDITOR ULTIMUS shall not be held liable for any legal or monetary consequence arising of such use. By accessing or using Services, ATMs and/or Website you represent and warrant that your activities are lawful in every jurisdiction where you access or use Services. Please note that restricted use areas may change in the future.



REGISTRATION, VERIFICATION

Know your customer (KYC) procedure - general

KYC procedure is a customer identification process to ensure that identity of each user is appropriately verified. It is not only a legal requirement to assess and monitor risks, to prevent doing business with a money launderer, terrorist or other criminal, even more importantly, KYC is a fundamental practice to protect VENDITOR ULTIMUS and its users from fraud and losses due to illegal funds and transactions.

You acknowledge and agree that to ensure the safety of the users’ accounts, to counteract money laundering and to enforce is internal security policy, VENDITOR ULTIMUS shall use internal controls and programs for such control to be maintained. VENDITOR ULTIMUS, through these programs and controls, shall collect and store information about the users and their transactions, including, but not limited to, personal information about you, such as your personal document ID number, scan of your ID document, your name, address, nationality and any other information required by us.

Personal information, which we shall collect and store, may be provided to us upon registration of your Account or requested by us upon transactions effected, as well as indirect information, including IP-addresses, information about the operating system used, software configuration and other information collected with the use of “cookies” technology to create statistical reports.

We will strive to perform KYC check within 24 hours, whereas sometimes the process may last longer.

If your proposed transaction (deposit, withdrawal, buying/selling order) is flagged through our internal controls, VENDITOR ULTIMUS may require additional identification information depending in case of any suspicious activity that may be indicative of illegal activity.

You accept and agree that in cases where VENDITOR ULTIMUS has valid reasons to believe that your Account is used for money laundering or for any other illegal activity, or that you have concealed or reported false identification information and other details, and also if there is a valid reason to believe that the transactions effected via your Account were affected in breach of this Terms, VENDITOR ULTIMUS shall be entitled to require you to provide any additional information and documents to clarify the circumstances. Transactions may be frozen until the documents are reviewed by us and accepted as satisfying the requirements of the legislation for counteracting laundering of incomes from criminal activities and financing of terrorism.

VENDITOR ULTIMUS can request from you any additional identifying information and support documents at any time at the request of any competent authority or in case of application of any applicable law or regulation, including laws related to anti-money laundering (legalization) of incomes obtained by criminal means, or for counteracting financing of terrorism.

You acknowledge and accept that VENDITOR ULTIMUS may store your information for an extended period after being collected, if required by law. You accept that you may not be able to achieve your desired level of verification, and we reserve the right in our sole discretion, to determine the appropriate verification level for any user, as well as the right to downgrade users without notice and to not verify the user at all.

We may, from time to time, implement policies restricting verification levels by nationality, country of residence, or any other factor. This may affect your right to use our Services, and you indemnify VENDITOR ULTIMUS against any losses associated with an inability to purchase or withdraw Funds on your Account based on your verification level.

In highly unlikely cases, where you would be initially approved in the KYC procedure and we would later on realize that you are from Restricted Use Areas (newly added or existing), we will, if reasonably possible, close your Account. You expressly agree and acknowledge that this might occur and you hereby indemnify VENDITOR ULTIMUS against any losses associated with such event and your inability to use our Services.

Verification levels

By agreeing to this Terms, you acknowledge and agree that we maintain verification levels that require user participation and verification to obtain, with levelled permissions based on user-supplied information, our ability to verify it, and our internal policies.

These verification levels are Tier 0 (no verification), Tier 1 (limited verification), Tier 2 (full KYC). Each verification level grants to User specific scope of Services, limited by amount thresholds.

Tier 0

User can use our Services as a guest without any registration. Most limited scope of our Services is offered here.


Tier 1

To sign up (register) on the Website, user is required to provide an e-mail and a mobile phone number. After the registration, the user will receive a confirmation mail to confirm user’s mail address and SMS to confirm the mobile phone number. After confirming the mail address and mobile phone number, the user can start using Services.


Tier 2 (registration - Registered User)

To start using full scope of our Services as a Registered User, you will need to register on our Website and perform a Know Your Client (“KYC”) identification and verification procedure.

By registering you agree to (a) provide accurate, current and complete information about yourself, (b) maintain and promptly update your information from time to time as necessary, (c) maintain the security of your password and accept all risks of unauthorized access to your Account and the information you provide to us, and (d) immediately notify us if you discover or otherwise suspect any security breaches related to the Website, ATMs, or the information provided to us.

You are only allowed to create one registration account and VENDITOR ULTIMUS will block multiple accounts of the same user.

KYC process:

User is required to upload:

  • scan of personal document with the picture (ID card or passport)
    (to see if personal info from the document match with personal info provided in the first step of KYC);
  • selfie with specific written message (as required by the VENDITOR ULTIMUS)
    (to check whether face on selfie matches with picture on the document and to ensure that selfie is new).


FEES

When you submit a new order via the Services, you authorize VENDITOR ULTIMUS to execute a transaction in accordance with such order on a spot basis and charge you any applicable Fees.

You agree to pay VENDITOR ULTIMUS the fees for exchange transactions completed via our ATMs ("Fees") as made available here. Fees may change from time to time. Changes to the Fee Schedule are effective as of the effective date indicated in the posting of the revised Fee Schedule to the Services, and will apply prospectively to any trades that take place following the effective date of such revised Fee Schedule. New Few Schedule will be published on the Website and on the ATM.

You agree that Fees are deducted from your Funds when initiating the exchange transaction.



DISCLAIMER OF WARRANTIES

To the fullest extent permissible under applicable law, our Services, Website and ATMs are provided on an “as is,” and “as available” basis, without warranties of any kind. No warranty of any kind, express, implied or statutory, including implied warranties of condition, uninterrupted use, merchantability, satisfactory quality, fitness for a particular purpose, non-infringement of third-party rights, and warranties (if any) arising from a course of dealing, usage, or trade practice, is given in conjunction to Website, ATMs, Services, or any software , hardware or tools contained in Website, on ATMs and Services and in general.

VENDITOR ULTIMUS does not warrant that the Service, Website or ATMs will be error-free or uninterrupted or that any defects will be corrected in reasonable time. You acknowledge that your use of the Service, Website and ATMs is at your sole risk.

VENDITOR ULTIMUS does not guarantee the confidentiality or privacy of any communication or information transmitted through Services, on the Website or any site linked to the Website. We will not be liable for the privacy or security of information, e-mail addresses, registration and any identification information (if applicable), disk space, communications, confidential or proprietary information, or any other content transmitted to us in any manner, or otherwise connected with your use of our Services, the Website or ATMs.

VENDITOR ULTIMUS shall not bear any liability, whatsoever, for any damage or interruptions caused by any computer viruses, spyware, scareware, trojan horses, worms or other malware that may affect your computer or other equipment, or any phishing, spoofing or other attack. We advise the regular use of a reputable and readily available virus screening and prevention software. You should also be aware that email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from VENDITOR ULTIMUS. Always log into your Account through the Website to review any transactions or required actions, if you have any uncertainty regarding the authenticity of any communication or notice.



LIMITATION OF LIABILITY

In no event shall VENDITOR ULTIMUS, its affiliates, entities included in the ecosystem, licensors and their respective officers, employees, contractors, directors or agents be liable for any special, indirect, incidental, punitive or consequential damages of any kind whatsoever, including without limitation any damages caused by or resulting from reliance by any user on any information obtained from VENDITOR ULTIMUS, or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance, whether or not resulting from a force majeure event, loss of access to the Account, theft, destruction or unauthorized access to VENDITOR ULTIMUS's records, Website, ATM or services.

In addition to the above, VENDITOR ULTIMUS shall not be liable for any loss of profit, loss of business, trading losses, loss in value, or any other loss. This applies even if such damages are foreseeable.

Other than ensuring exchangeability of Crypto coupon to the Cryptocurrencies, after Crypto coupon is purchased by the User, VENDITOR ULTIMUS is not liable for Crypto coupon. Proper handling with the Crypto coupon is sole responsibility of the User. In case Crypto coupon is damaged in any possible way after it was purchased by the User, VENDITIOR ULTIMUS liability deriving from that Coupon is excluded.

SUBJECT TO THE FOREGOING, VENDITOR ULTIMUS'S AGGREGATE LIABILITY FOR CLAIMS BASED ON EVENTS ARISING OUT OF OR IN CONNECTION WITH ANY SINGLE USER'S USE OF THE WEBSITE, ATM(S) (AND/OR SERVICE, WHETHER IN CONTRACT OR TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, SHALL IN NO CIRCUMSTANCES EXCEED 25% OF THE AMOUNT OF THE TRANSACTION(S) THAT ARE THE SUBJECT OF THE CLAIM LESS ANY AMOUNT OF FEES THAT MAY BE DUE AND PAYABLE IN RESPECT OF SUCH TRANSACTION(S).

EACH PARTY ACKNOWLEDGES THAT THE FEES PAYABLE FOR THE SERVICES HEREUNDER REFLECT THE ALLOCATION OF RISK SET FORTH IN THE LEGAL RELATIONSHIP AND THAT EACH PARTY WOULD NOT ENTER INTO THE BUSINESS RELATIONSHIP WITHOUT THESE LIMITATIONS ON LIABILITY.



SUSPENSION OF SERVICES, DISCOUNTINUATION OF SERVICES

We may, in our discretion and without liability to you, with or without prior notice, suspend or terminate your access to all or to some Services, in the event of Force Majeure, in case of breach of this Terms or in any other case, if VENDITOR ULTIMUS would decide so based on any kind of business reasons.

Some of the events which can cause suspension or termination are: 1) attempts to gain unauthorized access to the Website or ATM or another user's Account or providing assistance to others' attempting to do so, (2) overcoming software security features limiting use of or protecting any content, (3) usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities, (4) violations of these Terms, (5) a failure to pay or a fraudulent payment for transactions, (6) unexpected operational difficulties, or (7) upon the request of law enforcement or other government agencies.

In case of termination of your access to our Services, we may delete or deactivate your Account, without liability to you.

VENDITOR ULTIMUS may, in our sole discretion and without liability to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, any portion of our Services.



USER’s WARRANTIES

In addition to any other representations and warranties contained within these Terms, you further represent and warrant that you:

  • have read and agree to these Terms;
  • shall promptly provide to us, upon request, any additional information which we may consider necessary in providing Services to you or using the Website or ATMs;
  • shall not use the Website, ATMs and related Services for any illegal purpose or in any other manner inconsistent with these Terms;
  • will use the Services, Website and ATMS in accordance with these Terms and with any applicable law and regulation;
  • are solely responsible for any conduct carried through your account while using the Website, ATMs and related Services;
  • shall not violate or attempt to violate the security of the Website, ATMs or related Services and you will not hack into, interfere with, disrupt, disable, overburden, modify, publish, reverse engineer, participate in the transfer or sale, create derivative works, or otherwise impair the Website, ATMs or Services;
  • shall not use our Website, ATMs or related Services in any manner that could interfere with, disrupt, negatively affect or inhibit other users from fully enjoying our Website, ATMs or related Services or that could damage, disable, overburden or impair the functioning of our Website, ATMs or related Services in any manner;
  • shall not use our Website, ATMs or related Services to pay for, support or otherwise engage in any illegal activities; including but not limited to: gambling, fraud; money-laundering; or terrorist activities; or other illegal activities;
  • shall not use any robot, spider, crawler, scraper or other automated means or interface not provided by us to access our Website, ATMs or related Services or to extract data;
  • shall not use or attempt to use another user's account without authorization;
  • shall not attempt to circumvent any content filtering techniques we employ, or attempt to access any service or area of our Services, Website or ATMs that you are not authorized to access;
  • shall not operate as an unlicensed money transmitter, money service, payment service provider, e-money, or any other financial services business which requires licensure, including but not limited to exchanges of virtual currencies, sales of money orders or traveler’s checks, and escrow services;
  • shall not provide false, inaccurate, or misleading information; and
  • shall not encourage or induce any third party to engage in any of the activities prohibited under this section.


CONFIDENTIALITY

You are responsible for maintaining the confidentiality of your Account information, including your password, safeguarding your own Cryptocurrencies, and all activity including transactions that are posted to your Account.

Any actions on the Website, ATMs, including any kind of transactions, orders and operations, initiated from your Account or using your password (1) will be considered to have been made by you, and (2) are irrevocable once validated using your password or made through your Account.



ADDITIONAL INFORMATION

If there is suspicious activity related to your Account, we may, but are not obligated to, request additional information from you, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests or accept termination of your Account. You are required to notify VENDITOR ULTIMUS immediately of any unauthorized use of your Account or password, or any other breach of security, by email . Any user who violates these rules may be terminated, and thereafter held liable for losses incurred by VENDITOR ULTIMUS or any user of our Services.



TAXES

You are solely responsible and liable to declare, bear and pay all taxes, duties, imposts, levies, tariffs and surcharges that might be imposed by the laws and regulations of any jurisdiction as a result of or in connection with the Cryptocurrencies, use of or Services or use of our Website/ATMs.

VENDITOR ULTIMUS is not giving any advice regarding tax issues and is not responsible for determining any tax implications connected with its Website or Services. VENDITOR ULTIMUS makes no representation as to the tax implication of any jurisdiction. You shall be solely liable for all such penalties, claims, fines, punishments, liabilities or otherwise arising from his/her underpayment, undue payment or belated payment of any applicable tax.

If certain taxes shall be applicable for our Services, they shall be added on top of applicable amount. Upon our request, you will provide us any information we reasonably request to determine whether we are obligated to collect VAT (or any other applicable tax) from you, including your VAT identification number.



LINKS TO EXTERNAL WEBSITES

Our Services, Website and/or ATMs may include links to third party websites, third party wallet providers or other service providers ("Third Party Sites"). If you use any links made available through our Services, Website or ATMs to reach other websites not maintained by VENDITOR ULTIMUS, you will leave our Services, Website and ATMs. The linked sites are not under the control of VENDITOR ULTIMUS and VENDITOR ULTIMUS is not responsible for the content of any linked site or any link contained in a linked site. The linked sites are governed by the Terms and conditions of that site.

VENDITOR ULTIMUS SHALL NOT BE RESPONSIBLE OR LIABLE, EITHER DIRECTLY OR INDIRECTLY, FOR ANY DAMAGE OR LOSS CAUSED OR ALLEGED TO BE CAUSED IN CONNECTION WITH YOUR USE OR RELIANCE ON ANY SUCH CONTENT, INFORMATION, STATEMENTS, REPRESENTATIONS, ADVERTISING, PRODUCTS, SERVICES OR OTHER MATERIALS AVAILABLE ON OR THROUGH THIRD PARTY SITES. VENDITOR ULTIMUS PROVIDES THESE LINKS TO YOU ONLY AS A CONVENIENCE AND THE INCLUSION OF ANY LINK DOES NOT IMPLY RECOMMENDATION, APPROVAL OR ENDORSEMENT BY VENDITOR ULTIMUS OF THIRD PARTY SITES, NOR DOES IT IMPLY THAT THE LINKED THIRD PARTY SITES RECOMMENDS, APPROVES OF, OR ENDORSES VENDITOR ULTIMUS.



INTELLECTUAL PROPERTY RIGHTS

VENDITOR ULTIMUS reserves all rights, titles and interest to the Services, Website, ATMs and other Intellectual Property. Unless otherwise indicated by us, all copyright and other intellectual property rights in all content, software, tools and other materials contained on our Website, ATMs and related Services (collectively, "VENDITOR ULTIMUS Materials") are the property of VENDITOR ULTIMUS, our licensors or suppliers and you hereby agree to comply with all proprietary notices contained in VENDITOR ULTIMUS Materials and these Terms.

Under no circumstances will these Terms be construed as granting, by implication, estoppel or otherwise, a license to any Intellectual Property or components thereof other than as specifically granted in these Terms. You agree that VENDITOR ULTIMUS’s Intellectual Property may be used only as provided in these Terms. All rights not expressly granted herein are reserved.

We hereby grant you a limited, revocable, non-exclusive, non-transferable and non-sublicensable license to access and use the Website, ATMs and our Services for your personal use and strictly in accordance with these Terms. Such license is subject to these Terms and does not permit (a) any resale of the VENDITOR ULTIMUS Materials; (b) the distribution, public performance or public display of any VENDITOR ULTIMUS Materials; (c) modifying or otherwise making any derivative uses of the VENDITOR ULTIMUS Materials, or any portion thereof; or (d) any use of the VENDITOR ULTIMUS Materials other than for their intended purposes. The license granted under this Section will automatically terminate if we suspend or terminate your access to the Services, Website and/or ATMs.



DISCLOSURES TO AUTHORITIES

We may share your personal data with law enforcement, data protection authorities, government officials, and other authorities when (a) this is required by law, (b) when we believe that disclosure is necessary to prevent damage or financial loss. We also have a discretion to disclose your personal data (c) to report suspected illegal activity or if disclosure is necessary to investigate violations of our Terms or Privacy Policy.



JURISDICTION

The Terms of Use shall be governed and construed in accordance with the law of Republic of Slovenia. The parties hereto agree to irrevocably submit to the exclusive jurisdiction of the courts of Republic of Slovenia.

Prior to filling any claims, you agree to file such claim, notification of any dispute or request to VENDITOR ULTIMUS within thirty (30) days of when it arises as the attempt of informal resolution of dispute. Notice to VENDITOR ULTIMUS shall be sent to: . If dispute between you and VENDITOR ULTIMUS is not resolved within thirty (30) days, following the receipt of your request, you are entitled to file a claim in accordance with previous section. Claims filled contrary to the provision set out in this paragraph shall be rejected as premature.



INDEMNITY

To the full extent permitted by applicable law, you hereby agree to indemnify VENDITOR ULTIMUS and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of our services or website, or from your violation of these Terms.



MISCELLANEOUS

Entire Agreement. These Terms together with the Privacy Policy govern our relationship with you.

No Waiver. The failure of either party to exercise in any respect any right provided for herein shall not be deemed a waiver of any further rights hereunder. Waiver of compliance in any particular instance does not mean that we will waive compliance in the future.

Force Majeure. VENDITOR ULTIMUS shall not be liable for any failure to perform its obligations hereunder where such failure results from any cause beyond our reasonable control, including, without limitation, mechanical, electronic or communications failure or degradation.

Severability. If any provision of this Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that the Terms shall otherwise remain in full force and effect and enforceable.

Assignment. We may transfer, assign or delegate this Terms and its rights and obligations without consent.



TERM AND TERMINATION

The term of this Terms shall commence on the date you start using our Services and shall end on a date you stop using the Services or upon our termination of these Terms, for any reason.

You may terminate this agreement with VENDITOR ULTIMUS, and close your Account at any time, following settlement of any pending transactions.



MODIFICATION OF TERMS

We reserve the right to change, modify and replace these Terms at any time based on our sole discretion without any prior notice to you. You will be notified of any changes in advance through our Website and pop-up messages on the ATMs.

Any changes will be effective immediately upon posting on our Website. It is your responsibility to review these Terms regularly. If at any time you do not agree to these Terms, please stop using our services and accessing our Website. You will be deemed to have accepted changes to the Terms, by continuing to use our services and access our Website.



CONTACT US

If you have any questions relating to these Terms of Use, your rights and obligations arising from these Terms and/or your use of the Website, ATMs and related Services or any other matter, please contact .