Kryptobits exchange will be the first new generation Exchange that will allow its users to get the most out of their cryptocurrencies with security and to be able to operate with fiat as if it were a bank.
As if that was not enough, users can receive and send payments from third parties in both crypto and fiat, with unique advantages that will be offered by their cryptocurrency 'Karto Coin' and
The main purpose of our ICO is to give access to all users to be part of the great business of the exchange of cryptocurrencies and get benefit from the high performance it represents.
You will not have to worry about the security of the users and the deposits since, for us, it also represents the main priority. The exchange will have Cold Wallets, 2FA mechanisms, among other security features.
We will provide you access to advanced charts and visualizations for tracking values. In addition, our system will be integrated with Trading View. Share, write down, draw and download the charts you need whenever you want.
For your convenience, you can withdraw your funds directly to IBAN accounts or through your own credit card (Montbrun capital will be responsible for issuing the cards).
You will have the possibility to purchase all kinds of cryptocurrencies, starting with the main ones and advancing little by little to become Kryptobits into the Exchange with the largest offer of cryptocurrencies in the world.
You can perform transfers or exchanges between cryptocurrencies quickly and safely. Initially, the exchanges will be made between BTC, ETH, LTC and KTC, adding the rest of the cryptocurrencies in the future.
Finally, and in order to facilitate the actions of customers who trust us, only those airdrops that generate real trust and are backed by a good team of programmers will be added.
Karto Chain will be the blockchain of Karto coins and Karto steps, a third generation blockchain. It will be based on ethereum, aiming to improve the common problems that have been associated with it.
To start KartoChain and its KartoCoin and KartoStep currencies, an initial distribution of 54 million coins of each type will be made in the block genesis of this blockchain.
These 54 million coins will not be put on sale, since they will be distributed directly as follows:
As a result, the Genesis block of KartoChain will have a total assigned of 54 million KartoChain coins and KartoStep coins, which will allow a broad execution of applications by the users who own them.
It should be considered, in any case, that the KartoStep coins, necessary for the execution of intelligent contracts in KartoChain, will expire in the first year and that the new coins will be generated from the developed mining and the activity carried out in the Exchange Kryptobits.
Subsequently, a total of 15,768,000 KartoCoins coins will be produced every year as a result of the extraction. So that, by the end of the first year, there will be a total of 69,768,000 KartoCoin coins in circulation and 15,768,000 KartoSteps coins once the initial coins have expired.
KartoCoin is the basic currency of exchange in KartoChain.
The acquisition of this currency implies the participation in the benefits offered by the Exchange to its holders and the possibility of using it to carry out transactions in it. KartoCoin is an exchangeable currency available in the exchange of Kryptobits, as well as in any other Exchange.
KartoChain addresses are associated with an additional token, not interchangeable, not listed in the market and whose sole mission is to enable the execution of applications and Smart Contracts.
It would be a concept similar to the gas used by Ethereum but with the difference that its price does not depend directly on the main currency. What do we mean by this? Basically, that the price associated with the execution of applications and Smart Contracts will not depend on the quotation value of the main currency, thus avoiding its volatilities.
Handled through a smart contract.
Faster loans with reduced costs.
Support to accept multiple cryptocurrencies.
Using the Montbrun Cards.
Based on Ethereum
Exchange between Karto Coin and other cryptocurrencies.
The Exchange Kryptobits will have the ability to grant its users the freedom to instantly exchange their cryptocurrencies for Fiat money through the Montbrun Cards.
The operation will be simple: through the Exchange you can withdraw Fiat directly to your card and, also with your card, you can withdraw money directly from any ATM * VISA / Mastercard. In addition, you can make purchases directly on the Internet with the balance in Fiat that you have at that moment in your card and, of course, you can buy Cryptocurrencies in our Exchange instantly.
The debit cards issued by Montbrun Capital -with the legal capacity to do so-, will be automatically connected through an API with our Exchange and Karto Coin to provide you with the best service, having your cash available at Fiat at any time.
The new cryptotrade that it is proposed to create is similar to the current cryptotrades, but with several differentiating features that will generate more performance than the rest of the current offer do. Our trading system promises greater security and a much higher profitability, leaving aside the inherent danger of other current cryptotrades.
All accounting will be managed by a Smart Contract, configured and developed for this purpose. In this way, the initial investment made by the client will be registered and, in addition, the results will be distributed based on the proportional part of the total funds of the Kryptobits Trade.
This feature is one of the points that best differentiates it from the other funds and cryptotrades, since in the first phase the Blockchain of Ethereum will be used, and in a later phase it will be replaced by KartoChain.
The advantage of automation will allow us to have more resources and can develop an R & D project for the constant improvement and development of the automatic "bots" of Trading, technical and fundamental analysis, as well as for the perfection in terms of the strategy of trading is concerned.
DLT LICENSE APPLICATION GIBRALTAR
START KRYPTOBITS TRADING PLATFORM DEVELOPMENT
START EXCHANGE DEVELOPMENT
OBTAIN DLT LICENSE
PRESENTATION OF KRYPTOBITS TRADING
KRYPTOBITS TRADING LAUNCH
KARTO COIN PRESENTATION
KARTO COIN LAUNCH
The kryptobits tokens (KBE) will initially be offered through a Smart Contract over the Ethereum network.
A total of 1,802,500,000 tokens will be launched from Kryptobits, whose distribution will be available through this system in a total of 1,442,000,000, leaving the remaining tokens for the development team, the advisors and the economic and legal development of the infrastructure.
The tokens not sold during these phases will be burned forever, that is, no more Kriptobits tokens will be generated in the future.
The distribution of the 1,442,000,000 tokens of Kryptobits that will be offered for sale is described in the following table, by phases, quantity and estimated dates.
The phased sale seeks, as is usually the case, to encourage the first purchases and to reward in some way the initial confidence in the initiative.
Therefore, we encourage you to join this project from the beginning, receiving more benefits for it and always with the security of investing in a project with a promising future.
|PHASE||START DATE||END DATE||Nº OF TOKENS||PRICE €||TOTAL €|
PLEASE READ CAREFULLY THESE GENERAL TERMS AND CONDITIONS AS THEY AFFECT YOUR OBLIGATIONS AND LEGAL RIGHTS, INCLUDING, BUT NOT LIMITED TO WAIVERS OF RIGHTS AND LIMITATION OF LIABILITY. IF YOU BUY KBE TOKENS YOU ARE CLAIMING TO AGREE WITH THIS TERMS.
The following definitions mentioned throughout these Terms shall have the following meaning:
Account – Your digital account on the Website, which you create to use the Website and check your KBE Tokens balance.
Affiliates – any persons or entities that have any relation to the Website Owner, including, but not limited to partners, employees, agents and contractors of the Website Owner.
Agreement – these Terms and any other rules, policies or procedures that may be issued by Kryptobits Team and published from time to time on the Website (including the Accompanying Documents).
Applicable Law – all laws, rules, regulations, guidance, codes and requirements applicable to these Terms, the KBE Tokens and any and all relations between a User and the Website Owner.
Cryptocurrency – digital currency (e.g. Bitcoin (BTC) or Ethereum (ETH) or another) as specified on the Website and Whitepaper used by Users to purchase KBE Tokens.
Kryptobits – A new generation exchange that provides the user with multiple functionalities, using their own currency and blockchain, which will try to revolutionize the current market offer. The development and launch of Kyrptobits is the initial and main purpose of the KBE Tokens Sale.
Kryptobits Team – creators of the KBE idea and initiators of the KBE Tokens Sale as presented on the main page of the Website, being experts in Blockchain industry.
KBE Tokens – cryptographic tokens created and distributed among Users as proof of a right for the use of the Kryptobits Exchange, if it is successfully produced and launched in accordance with the terms set out on the Website and in this Agreement.
KBE Tokens Sale – an offering of KBE Tokens to eligible participants to purchase KBE Tokens during a specified period of time, according to the respective distribution phases and at the price as described on the Website and in this Agreement.
Parties – Kryptobits and You.
User (also referred to as “You”) – eligible person who uses the Exchange, with or without prior registration and authorization using the Account and purchases KBETokens.
Website – the website maintained and owned by the Website Owner at https://kryptobits.com/
Whitepaper – one of the official Accompanying Documents published describing technical and marketing details of the KBE Tokens Sale, the idea and purpose of Kryptobits, KBE Tokens functionality, as well as respective pricing and tokens distribution periods.
These are terms ('Terms') for selling KBE tokens. If you have any questions about these Terms, contact us in our website: https://kryptobits.com/
By making a contribution to KRYPTOBITS, a limited liability company incorporated in accordance with the laws of Gibraltar, for the purpose of purchasing KBE tokens ('KBE') during the pre-sale period and / or sale of tokens, you agree to and are bound by these KBE token sales Terms and all terms incorporated herein by reference.
Kryptobits is a new generation exchange that provides the user with multiple functionalities, using their own currency and blockchain, which will try to revolutionize the current market offer. The development and launch of Kyrptobits is the initial and main purpose of the KBE Tokens Sale.
Read the Terms carefully, and if you do not agree (even partially) with the Terms of the sale of KBE tokens, do not make any contribution to the Company and do not buy the KBE tokens.
KBE tokens are not structured, sold or distributed as securities or any other form of investment product, therefore, none of the information presented in this document is intended to form the basis of an investment decision, and there are not specific recommendations. The Company expressly disclaims all liability for any loss or direct or consequential damage of any kind arising directly or indirectly from: (a) confidence in any information contained in this document; (b) any error, omission or inaccuracy in said information; or (c) any action resulting from said information.
Contributions can only be made by individuals or any type of company entity that has extensive knowledge, experience and understanding in the cryptocurrency markets. If the collaborator does not meet these requirements, they should not participate in the Kryptobits contribution by the purchase of KBE tokens.
Your purchase of KBE tokens from the Company is and will be subject to these Terms. The terms are an integral part of the agreement between the Company and each employee / buyer of KBE token / -s.
For the purposes of the Terms, the Company and each collaborator / buyer ("Buyer") of the KBE tokens is a party ("Party"), and the Company and the Buyer together - the parties ("Parties").
This Token Sale agreement ('Agreement') forms a legally binding contract between You and the KRYPTOBITS LIMITED that is a company created in Gibraltar (the “Company” or “Kryptobits”) and sets forth general rules and procedure KBE Tokens Sale by Kryptobits and their purchase by the Purchaser. This Agreement is inalienable part of Kryptobits General Terms & Conditions of KBE Tokens Sale that the Purchaser shall carefully read, understand and irrevocably accept. In terms not regulated by this Agreement (including but not limited to intellectual property rights, dispute resolution etc.), Kryptobits General Terms & Conditions of KBE Tokens Sale shall apply to the relationships that arise hereunder.
THIS AGREEMENT CERTIFIES that you (hereinafter, the "Buyer") by signing this contract and making a payment of Euros with the following equivalent: 0.05 EUR for a 1 KBE Token on the bank account number LT973510000023575141 or by sending ETH to the smart contract specific address 0x42b924565ab132c7dc7a048470e4029d1e44222d and that by accepting these terms and conditions you will receive via invoice with all your data to make the purchase in your email during the Token Pre-Sale period.
The definitions set forth herein and mentioned with capital letter shall have the meaning as described in Kryptobits General Terms & Conditions of KBE Tokens Sale.
KBE Token Sale period is the period of time from 17.05.2018 to 05.06.2018 during which the Company shall deliver to the Purchaser a number of KBE Tokens equal to the Purchase Amount paid to the Company by Purchasers in the Token Sale.
KBE Tokens are available for purchase to Purchasers who are eligible to enter to this agreement according to the clause 3 of Kryptobits General Terms & Conditions of KBE Tokens Sale (Purchasers) and clause 25 of this Agreement only during a limited KBE Tokens Sale.
Kryptobits’s publication on the Website of an offer to sell KBE Tokens to a number of Purchasers (potential Kryptobits Token purchasers) is considered a legally binding offer of Kryptobits to sell KBE Tokens (hereinafter referred to as the “Offer”).
The Offer shall be available only at the Website via specific form. Any other offers concerning KBE Tokens Sale presented on any other websites or internet resources shall be considered null and void and shall not put any obligations upon Kryptobits.
The number of KBE Tokens offered for sale by Kryptobits is limited.
Legally binding acceptance of the Offer shall be conducted by a Purchaser by sending the Purchase Amount of ETH on the specific Smart-Contract address published on the Website and signing on the Website in the specific field. By this action the respective Purchaser, agree that he fully read, understood and irrevocably accepted this KBE Token Sale agreement. From this moment the Offer shall be considered formally accepted by the respective Purchaser.
Offer Acceptance shall be deemed irrevocable.
The KBE Tokens shall be sent to the Purchaser’s personal respective cryptocurrency wallet.
To the extent allowable pursuant to Applicable Law, the purchase of the KBE Tokens by the Purchaser from Kryptobits is final, and, thus, there are no refunds and/or cancellations.
Ownership rights for KBE Tokens shall be transferred from Kryptobits to the respective Purchaser upon completion of payment procedure by the Purchaser.
The proceeds received by Kryptobits from the sale of KBE Tokens to Purchaser shall only be deemed as proceeds received from sale of services, as KBE Tokens are eventually designated to be used to recieve the right to access various services within the Kryptobits Platform.
You expressly agree that the KBE Tokens are not “securities”, they are not registered with any government entity as the securities, shall not be considered as such, are not intended to be commodity or any other kind of financial instrument, do not represent any share, stake or security or equivalent rights, including, but not limited to, any right to receive future revenue shares and intellectual property rights.
By purchase of KBE Tokens hereunder the Purchaser represents and warrants that his/her funds in no way came from illegal or unethical sources, that the Purchaser is not using any proceeds of criminal or illegal activity, and that no transaction involving KBE Tokens are being used to facilitate any criminal or illegal activity.
The Purchaser is obliged to provide valid proves concerning legality of his/her proceeds used to purchase KBE Tokens upon Kryptobits’s request or request of bank institutions or government authorities.
By accepting this Agreement and by purchase of the KBE Tokens, the Purchaser represents/warrants and accepts that there are certain risks associated with purchase of KBE Tokens.
US citizens and residents declare that KBE Token is a utility token1. This product is not a digital currency, security, commodity or any other type of financial instrument and has not been registered under the Securities Act, the securities laws of any state of the United States or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident.
The buyer also declares and guarantees that he is not a citizen or resident of a geographical area in which access or use of cryptocurrency or tokens is prohibited by law, decree, regulation, treaty or applicable administrative act. Kryptobits reserves the right to refuse the sale of KBE Tokens to any person that does not meet the criteria established above.
The Purchaser is only allowed to purchase KBE Tokens if and by buying KBE Tokens he (or she) covenants, represents, and warrants that he (or she) (under the Applicable Law and law of the country of Participant’s residence):
is of an age of majority to enter into this Agreement (at least 18 years of age), meets all other eligibility and residency requirements, and is fully able and legally competent to purchase KBE Tokens, enter into agreement with Kryptobits and in doing so will not violate any other agreement to which he (or she) is a party;
if he (she) is a corporation, governmental organization or other legal entity, he/she have the right, power and authority to enter into this agreement on behalf of the corporation, governmental organization or other legal entity and bind them to these Terms;
will not be using the KBE Tokens for any illegal activity, including but not limited to money laundering and the financing of terrorism;
KBE Tokens are to be provided on an “as is” and “as available” basis and without any warranties of any kind, either expressed or implied. The Purchaser assume all responsibility and risk with respect to buying of any amount of the KBE Tokens and their use. The Purchaser hereby expressly agrees that, to the maximum extent permitted by the Applicable Law, Kryptobits does not accept any liability for any damage or loss, including loss of business, revenue, or profits, or loss of or damage to data, equipment, or software (direct, indirect, punitive, actual, consequential, incidental, special, exemplary or otherwise), resulting from any use of, or inability to use the Website or the material, information, software, facilities, services or content on the Website, as well as from purchasing of the KBE Tokens, regardless of the basis, upon which the liability is claimed and even if Kryptobits has been advised of the possibility of such loss or damage. The Purchaser understands and agrees that Kryptobits shall not be held liable to and shall not accept any liability, obligation or responsibility whatsoever for any change of the value of the KBE Tokens. The Purchaser understands and expressly agrees that Kryptobits shall not guarantee in any way that the KBE Tokens might be sold or transferred during or after Kryptobits Token Sale. If Applicable Law does not allow all or any part of the above limitation of liability to apply to the Purchaser, the limitations will apply to the Purchaser only to the extent permitted by the Applicable Law. The Purchaser understands and agrees that it is his/her obligation to ensure compliance with any legislation relevant to his/her country of domicile concerning purchasing of the KBE Tokens. Purchasing of the KBE Tokens by the Purchaser in no way creates any exclusive relationship between the Purchaser and Kryptobits, nor any partnership, joint venture, employment or agency.
1 Utility tokens, often called app coins or user tokens, provide users with future access to a product or service. Utility tokens are not designed as investments.
The Buyer acknowledges and accepts that there are risks (including current and possible future risks) associated with the purchase, acquisition, ownership and use of KBE tokens, as well as the use of the Kryptobit platform, and therefore when purchasing KBE chips the Buyer recognizes expressly and undertakes risks (including current and possible future risks), and the company expressly disclaims any liability for any of these risks:
Risk of losing access to KBE tokens due to the loss of private keys / -s: a private key, or a combination of private keys, is necessary to control and get rid of the KBE tokens stored in the Buyer's digital wallets. Consequently, the loss of the required private keys / -s associated with the Buyer's digital wallet / -s will result in the loss of all the KBE tokens stored in those wallets. If a third party gains access to Buyer's private keys, including when accessing the login credentials of a hosted wallet service that Buyer uses, that third party may improperly take over the Buyer's KBE tokens.
Risk of platform failure: the creation and issuance of KBE tokens and the development of the KRYPTOBIT platform can be abandoned for several reasons, including lack of public interest, lack of funds, lack of commercial success or prospects. There is no guarantee that, even if the Kryptobit Platform is fully or partially developed or implemented, the Buyer will receive any benefit through the KBE chips that the Buyer has.
Risks associated with Ethereum: Smart Contracts and underlying software applications and software platforms have not been tested and are under constant risk of several operational errors. Smart contracts and underlying software and software applications platforms can be exposed to attacks by hackers or other people, including, among others, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. There is no guarantee that the process of creating and distributing KBE tokens is uninterrupted or error-free and there is an inherent risk that the software may contain defects, weaknesses, vulnerabilities, viruses or errors that may cause complete loss. of contributions and / or KBE tokens. Any successful attack on software applications and software platforms could result in theft or loss of contributions or KBE, adversely affecting the ability to develop the Kryptobit Platform and derive any use or functionality of KBE tokens.
Risks associated with uncertain regulations and enforcement actions: regulatory actions may adversely affect the Kryptobit platform and KBE tokens in different ways and certain jurisdictions may apply existing regulations and / or introduce new regulations that address applications based on Blockchain technology , which may result in substantial modifications to the intelligent contract system and / or the Kryptobit Platform, including its termination and the loss of KBE to the Buyer or subsequent owner.
Tax Risks: The fiscal characterization of KBE is not completely clear and homogeneous, therefore the buyer must seek his own tax advice in relation to the acquisition, storage, transfer and use of KBE tokens, otherwise the buyer could suffer consequences adverse fiscal, fines and losses
Risk of an unfavorable fluctuation of the value in cryptocurrency: the Company intends to use the contributions received to finance the development of the Kryptobit Platform and other related operating expenses. The contributions received can be converted to other cryptographic and fiduciary currencies. If the value of Ethereum or other currencies fluctuates unfavorably during or after the Pre-Sale Sale Period, the Company may not finance the development, or may not maintain the Kryptobit Platform in the manner and capacity planned.
Risk of dissolution of the Company or Platform: it is possible that, for any reason, including, among others, an unfavorable fluctuation in the value of Ethereum or other cryptographic and fiduciary currencies, the decrease in the utility of KBE due to the negative adoption of the Kryptobit Platform, the regulatory requirements addressed, the failure of commercial relationships and / or intellectual property challenges, the Kryptobit Platform may not be viable to operate and / or the Company and / or the Platform may be dissolved.
There may also be other risks associated with the acquisition, storage, transfer and use of KBE tokens, Platform, its services, including those that may not be reasonably anticipated. These risks may materialize even more as unforeseen variations or combinations of the risks established in the Terms.
Subject to the expressly stated in this Section 4, all purchases of KBE tokens from the Company during the sale are final, and there are no refunds or cancellations, except as provided in this document or as required by applicable law or regulation.
The Company reserves the right to reject or reject any contribution made at any time in its sole and absolute discretion. To the extent that the Company rejects or refuses a transfer from the Buyer, the Company will make all reasonable efforts to ensure that the transferred amount is returned to the Buyer, however, the Company does not guarantee, represent or offer any guarantee that it will do so. successfully. be able to recover and / or return those transfers.
At any time, the Company may temporarily suspend or permanently abort the Presale and / or Sale for security reasons or other relevant reasons. Any suspension or abortion of the previous sale and / or sale will be considered to start from the moment a notice to that effect is published on the Kryptobit website.
In the event that the Company recognizes any tax, license, regulation or other existing risks in relation to the possession and / or transfer of KBE tokens by certain holders, the Company will be entitled to execute a repurchase of KBE tokens from said holder by a price determined by the Company at its sole discretion. Said repurchase will be mandatory and binding for that particular token holder subject to the repurchase, regardless of whether the token holder cooperates with it or not.
Buyer is responsible for implementing reasonable measures to protect Wallet, Wallet Address, Vault or other storage mechanism that Buyer uses to receive and retain KBE tokens purchased from the Company, including the necessary private keys or other credentials necessary to access said storage mechanism (s). If the Buyer's private keys or other access credentials are lost, the Buyer may lose access to the relevant KBE tokens. The Company is not and will not be responsible for any loss, cost or expense related to the loss of access credentials, credentials of the buyer.
The Company, in its sole discretion, determines that it is necessary to obtain certain information, data and documentation about the Buyer to comply with applicable laws or regulations related to the sale of KBE tokens. The Buyer provides the Company with any and all information upon request and acknowledges that the Company may at any time refuse to sell KBE to the respective Buyer until the Company receives all the requested information, data and documentation.
By accepting the Terms or providing Buyer's Credentials (whichever occurs first) Buyer without reservations accepts and expresses its consent that all personal data provided by Buyer (to Company) or received (by Company) can be processed by the Buyer. Company (and / or its selected third parties) as owner, controller, receiver of the Buyer's personal data in order to process the information of its client (KYC). Such data and information at the sole discretion of the Company may also be:
processed for the automated verification of the authenticity of photos and / or copies of documents (including, among others, scanned copies of documents, data and / or information provided electronically);
delivered to selected third parties of the Company (for the provision / receipt of selected services of the Company) and / or authorities (which by law may receive and / or process such information and / or data).
All amounts that Buyer pays for KBE are exclusive of all applicable taxes. The Buyer is responsible for determining what taxes, if any, apply to the relevant KBE purchase, including, for example, sales, use, value added and other similar taxes. It is also the Buyer's responsibility to retain, collect, report and remit the correct taxes to the corresponding tax authorities. The Company is not and will not be responsible for retaining, collecting, reporting or remitting any sales, use, value added or similar tax that arises from the relevant purchase of KBE tokens.
The Company will be responsible for any indirect, special, incidental, consequential or exemplary damages of any kind (including, among others, those related to the loss of income, income or profits, loss of use or data or damages due to business interruption) arise or relate in any way to the sale or use of KBE tokens or otherwise related to the Company, the Platform, these Terms.
The total liability of the Company, whether contractual, warranty or tort (including negligence, whether active, passive or imputed), arising from or related to the purchase / use of KBE tokens, Platform, Company, these Terms, may not exceed the amount that the Buyer paid to the Company for the KBE tokens.
The Company may, at its sole discretion and at any time delegate its functions, contract or cooperate in any other way with its selected third parties in order to implement and / or administer the Platform, the sale or use of KBE tokens or the day of the company. the current business. In this regard, the Company shall not be liable to any person or Buyer for any act or omission performed or omitted by the Company and / or its selected third parties unless it is demonstrated that the respective action or omission constitutes gross negligence or willful misconduct , and the Buyer without any additional reserves indemnifies the Company for liabilities related to the activities of the Company and its selected third parties, except those liabilities that involve gross negligence or intentional misconduct.
Subject to the terms established in Clause 8.3. of the Terms, the Company will assume the respective expenses incurred in its operations, which include: organization and supply expenses; taxes; interest; rates (including management fees); advisory and administrative fees; administrator charges; certain insurance costs; audit and legal expenses and fees; and any extraordinary expense. The Company will also pay the brokerage fees and commissions, if applicable.
If any term, clause or provision of these Terms is deemed illegal, void or unenforceable, such term, clause or provision shall be severable from these Terms and shall not affect the validity or enforceability of any remaining part of that term, clause or provision, or any other term, clause or provision of these Terms.
These Terms constitute the entire agreement between the Parties related to the purchase of KBE from the Company. The Company may assign its rights and obligations under these Terms. The purchase of KBE does not create any form of association, joint venture or any other similar relationship between the Parties. Except as otherwise provided herein, these Terms are intended solely for the benefit of the Parties, and are not intended to confer rights of beneficial third parties to any other person or entity. Buyer accepts and acknowledges that all agreements, notices, disclosures and other communications that the Company provides to Buyer, including these Terms, will be provided electronically.
Company Number: 117272
REID Number: GICO.117272-89