Profitus definition

Profitus. We" shall mean the crowdfunding platform operator Sutelktinio finansavimo platforma Profitus UAB, legal entity registration number 304570552, with the registered office at the address ▇▇▇▇▇ ▇. ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇. +▇▇▇ ▇▇▇ ▇▇▇▇▇, el. p. ▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇, register in which data is stored: Register of Legal Entities held by the State Enterprise Centre of Registers, included in the Public List of Crowdfunding Platform Operators held by the Bank of Lithuania.
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Profitus. We" shall mean the crowdfunding platform operator Sutelktinio finansavimo platforma Profitus UAB, legal entity registration number 304570552, with the registered office at the address ▇▇▇▇▇▇▇ ▇▇-▇▇▇▇▇ ▇. ▇, ▇▇▇▇▇▇▇, tel. +▇▇▇ ▇▇▇ ▇▇▇▇▇, el. p. ▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇, register in which data is stored: Register of Legal Entities held by the State Enterprise Centre of Registers, included in the Public List of Crowdfunding Platform Operators held by the Bank of Lithuania. "Project" shall mean the Project prepared for satisfaction of business needs, except for consumption, and published in the Platform for which the Project Owner seeks to raise crowdfunding funds. "Project Owner", "You" shall mean a person who initiates the Project and publishes it through the Platform with a view to raising the Investors' funds. "Account" shall mean a special purpose account administered by Profitus, to which crowdfunding funds for the Project are transferred and from which payments to the Investors are made. "Contract" Shall mean these General Terms and Conditions of Use of the Platform Profitus (for the Project Owners) and all separate terms and conditions published in the Platform to which references are made herein. "Crowdfunding Funds" shall mean the funds granted by the Investor to the Project Owner through the Platform. "Security" shall mean a mortgage, pledge, surety or other Project security transaction. "Nominal Investor" shall mean an Investor investing the respective amount of money in the Project published on the Platform and, thus, having better investment conditions described on the Platform. 1. Platform 2.1. The Platform shall be intended for publication of the Projects for which crowdfunding funds are raised from the Investors and enabling the Investors to grant funds for the Projects.
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Examples of Profitus in a sentence

  • You shall also agree that, in certain cases, Profitus shall also communicate with you through social networks.

  • In certain cases, Profitus shall be entitled to request the data subjects to provide original written consents/approvals of information on personal data processing.

  • Profitus shall act in accordance with the latest known information on you and consider it correct; therefore, Profitus shall not be liable if you do not receive information in due time by reason that you have failed to update your contact details and, thus, you incur losses.

  • According to the regulation applicable in the European Union, we shall be obliged to collect information on you; therefore, Profitus may request for additional information on your operations, origin of funds, planned transactions etc.

  • Copying, imitation or use thereof without a prior written consent of Profitus shall be prohibited.

  • Profitus shall not guarantee that operation of the Platform shall be uninterrupted or free of errors.

  • Profitus shall not be liable for any failures of the services including but not limited to failures or other malfunctions of the Platform which may affect conclusion of the Financing Transactions.

  • In the event of a failure to reach an agreement, the dispute shall be resolved in court under the jurisdiction of which the dispute would come in accordance with the legal acts of the Republic of Lithuania and the address of the registered office of Profitus.

  • In all cases, the funds of Profitus shall be separated and kept separate from your funds.

  • You agree that the telephone number and e-mail address indicated by you were used for communication between Profitus and you, i.e. for the purposes of provision of information on the Contracts or other terms and conditions applicable to you, changes therein, powers, new Projects, other relevant information.