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Terms and conditions of use of website

WELCOME to UNDERLINE VENTURE’s website http://underline.vc/ which is operated by Underline Venture B.V. and its affiliates. 

Through this website You may be able, subject to these Term and Conditions of Use, all other policies or notices posted by us on this website or otherwise communicated to you (the aforementioned including any of their revisions and modification, which shall be collectively referred to as the “Terms”), to access any information, materials, reports, data, tools and the like that we will provide on the website (“Content”), on any of its sub-domains (if any), in our newsletters or similar email communications (as defined below), or in any generally available associated tools that provide Underline’s Content (the Content and the website are collectively referred to as the “Website”).

Please read these Terms carefully as they contain important information about Your rights, obligations and remedies and are binding between You and Underline. These Terms govern your access to and use of the Website. If you do not agree to the Terms, do not access or use the Website.

By accessing the Website or by clicking to accept or agree to the Terms when this option is made available to you, you accept the Terms and agree to be bound by the Terms. The Terms constitute a legally binding agreement between You and Underline.

IMPORTANT: To use the Website, you must be at least 18-years old and have full capacity to contract according to your country of residence; other restrictions may be applicable to specific components or features of the Website.

Underline reserves the right to modify the Terms at its own discretion and at any time in accordance with this provision. When Underline changes these Terms, it will post the modified Terms on the Website and update the “Last Updated” date at the top of these Terms. You agree to follow up on the Website periodically to be updated on such modifications. If you disagree with the revised Terms, you shall cease any further use of the Website. Any such changes will become effective no earlier than fifteen (15) days as of the “Last Updated” date, except that changes made for legal reasons will be effective immediately. If you continue to access and/or use the Website, such affirmative action will constitute acceptance of the revised Terms.

You understand and agree that We may modify, change or discontinue any or all functionality, features and/or services of the Website at any time, without notice to You.

PLEASE CONTINUE READING CAREFULLY AND THOROUGHLY THE TERMS.

You can contact us using the following details (or as directed in other relevant part of the Website).

A notice will be considered received the next four business day after being sent, unless your email server returns to you a notice/message on the sending failure. 

1. DEFINITIONS

Terms with capital letters will have the meaning ascribed to them under this clause or under these Terms.

Underline”/“we”/“us”/“our” means Underline Ventures B.V., a private company with limited liability (“besloten vennootschap met beperkte aansprakelijkhed”), organised under the laws of the Netherlands, having its registered seat at Basisweg 10, 1043AP Amsterdam and registered at the Trade Register of the Dutch Chamber of Commerce under number: 84625945.

Intellectual Property Rights” means patents, rights to inventions, copyright and related rights, trademarks, trade names, domain names, rights in computer software and databases, know-how, look and feel, and any other intellectual property rights or rights of a similar nature, in each case registered or unregistered, and including all applications and rights to apply for and be granted protection, renewals or extensions of such rights, as well as the right to claim priority therefrom, and similar or equivalent rights or forms of protection which subsist now or in the future in any part of the world, including as otherwise defined or regulated under the applicable law.

You” or “you” or “your” means any individual or a company or organization that accesses or uses the Website in all cases and at any time.

2. WEBSITE AND CONTENT ACCESS

Subject to your acceptance of and compliance with these Terms, Underline grants you a limited, revocable, non-exclusive, non-transferable, and non-sublicensable right to access the Content on the Website.

In connection with access and use of the Website You will not and will not assist, encourage or enable any third part to:

  1. violate or breach any applicable laws, regulations, court orders, agreements with third-parties, third-party rights (including but not limited to Intellectual Property Rights, privacy rights and human rights) and the Terms;
  2. participate in any kind of illegal activity;
  3. attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Website;
  4. use any automated means or processes to scrape, crawl, access, collect data or other content from or otherwise interact with the Website for any purpose;
  5. attempt to circumvent any technological measure implemented by Underline or any other third party to protect the Website;
  6. breach Underline’s or any any third party´s Intellectual Property Rights;
  7. remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Website;
  8. change or reproduce the Content on the Website, in full or in part;

The Content and the Website, including without limitation, any information therein, the logo, visual representations, symbols, pictures, photographs, texts and related elements, the Terms are the exclusive property of Underline or of other third parties which allowed Underline to use the foregoing, and which are under the protection of international commercial and Intellectual Property Rights laws and regulations. The duplication, distribution, publication, alteration, supplementation, use, presentation, integration, collation, dissemination or removal of marks, photos, images, text chunks, Content, as well as the display, sale etc. of the content, data, information, photos, Content or other information found on the Website without the express written consent of Underline are forbidden.

Underline retains all rights, title and interest, including any Intellectual Property Rights in the Website. 

3. YOUR CONTENT

The Website may enable you to share your content, such as comments, requests and other feedback regarding Underline, and the like (“User Content”), with us and/or other users of the Website. You retain all Intellectual Property Rights in, and are responsible for, the User Content you share. To the extent that you provide User Content, you grant us, without any compensation to you, a royalty-free, perpetual, sublicensable, transferable, non-exclusive, worldwide license to copy, distribute, modify, create derivative works of, publicly perform, publicly display, make, have made, import, export, and license your User Content and any copies thereto and otherwise use the User Content. We do not promise to store or make available on the Website any User Content for any length of time. We reserve the right to remove or modify User Content for any reason, including User Content that we believe violates these Terms, any applicable law or good faith conduct and business practices. All User Content must always comply with the Terms.

4. TERMINATION

You agree that Underline may suspend or terminate your access or use of the Website and remove and delete your User Content (if any), with or without notice, for any reason, including, without limitation, if Underline deems, in its reasonable discretion, that you have breached in any way these Terms or the applicable law or any third party rights.

5. PERSONAL DATA AND PRIVACY

When we process your personal data in relation to the Website, your personal information is handled in accordance with the Privacy and Cookie Policy[nc3] .

6. WARRANTY DISCLAIMER

THE WEBSITE IS PROVIDED “AS IS”. UNDERLINE AND ITS AFFILIATES DO NOT MAKE ANY AND DISCLAIM, TO THE EXTENT PERMITTED BY THE APPLICABLE LAW, ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING BUT NOT LIMITED TO WARRANTIES OF TITLE, FITNESS FOR A PARTICULAR PURPOSE OR NONINFRINGEMENT. WE DO NOT WARRANT THAT YOUR USE OF THE WEBSITE WILL BE UNINTERRUPTED OR ERROR-FREE AND WE SHALL NOT BE LIABLE FOR DELAYS, INTERRUPTIONS, WEBSITE FAILURES OR OTHER PROBLEMS INHERENT IN USE OF THE INTERNET AND ELECTRONIC COMMUNICATIONS OR OTHER SYSTEMS, NOR FOR CONTENT OR USER CONTENT YOU MAY FIND OBJECTIONABLE OR INAPPROPRIATE. WE MAKE NO WARRANTIES AS TO THE WEBSITE’S ACCURACY, USEFULNESS OR RELIABILITY AND WE DO NOT GUARANTEE YOUR SATISFACTION WITH THE WEBSITE. UNDERLINE DISCLAIMS ANY AND ALL RESPONSABILITY FOR ANY DAMAGE CAUSED TO YOU BY ANY BUGS, VIRUSES, TROJAN HORSES OR OTHER DESTRUCTIVE CODE RESULTING FROM ACCESS TO OR USE OF THE WEBSITE.

NO INVESTMENT ADVICE: ANY CONTENT ON THE WEBSITE IS FOR INFORMATIONAL AND GENERAL PURPOSES ONLY, AND IT SHALL NOT CONSTITUTE AND YOU SHOULD NOT CONSTRUE ANY SUCH CONTENT AS PROFESSIONAL, LEGAL, TAX, INVESTMENT, FINANCIAL, OR OTHER ADVICE. THE CONTENT DOES NOT TAKE INTO ACCOUNT YOUR INDIVIDUAL NEEDS, INVESTMENT OBJECTIVES AND SPECIFIC FINANCIAL CIRCUMSTANCES. NOTHING CONTAINED ON THE WEBSITE CONSTITUTES A SOLICITATION, RECOMMENDATION, ENDORSEMENT, OR OFFER BY UNDERLINE OR ANY THIRD-PARTY SERVICE PROVIDER TO BUY OR SELL ANY SECURITIES OR OTHER FINANCIAL INSTRUMENTS IN ANY JURISDICTION. INVESTMENT INVOLVES RISKS AND YOU ALONE ASSUME THE SOLE RESPONSIBILITY OF EVALUATING THE MERITS AND RISKS ASSOCIATED WITH THE USE OF ANY INFORMATION OR OTHER CONTENT BEFORE MAKING ANY DECISIONS BASED ON SUCH INFORMATION OR OTHER CONTENT.

7. LIABILITY AND INDEMNITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL UNDERLINE AND/OR ITS AFFILIATES BE LIABLE TO YOU FOR SPECIAL, MORAL, INDIRECT, PUNITIVE, CONSEQUENTIAL DAMAGES, FAILURE OF WEBSITE TO OPERATE, LOSS OF PROFITS, REPUTATION, USE, OR REVENUE, LOSS OR CORRUPTION OF DATA. UNDERLINES TOTAL AGGREGATE LIABILITY UNDER THESE TERMS AND THAT RELATED TO YOUR ACCESS AND USE OF THE WEBSITE SHALL NOT EXCEED EUR 100. THIS LIMITATION WILL APPLY WHETHER THE CLAIM ARISES FROM CONTRACT OR TORT AND REGARDLESS OF THE THEORY OF LIABILITY.

Indemnity. You will defend, indemnify, and hold Underline harmless from losses, damages, fines and expenses (including attorneys’ fees and costs) arising out of, or relating to any claims based on,  arising from or related to: (a) your access, use or attempted use or access of the Website in violation of these Terms, (b) your violation of any law or rights of any third party, or (c) any User Content, including without limitation any claim of infringement, misappropriation, or violation of any intellectual property, privacy, or other rights.

Under no circumstances will Underline be liable in any way for any content or materials of any third parties (including founders, investors or other users), including, but not limited to, for any errors or omissions in any content, or for any loss or damage of any kind incurred as a result of the use of any such content.

8. APPLICABLE LAW AND JURISDICTION

These Terms and any dispute, proceedings or claim of whatever nature arising out of or in any way related to these Terms or their formation or termination (including any non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of Romania as well as the law of the European Union that is directly applicable in Romania.

Any dispute under or related to these Terms, including with respect to the execution, performance or termination thereof, shall be exclusively settled by the Romanian competent courts located in Bucharest Romania.

9. INTELLECTUAL PROPERTY RIGHTS NOTICE AND TAKE-DOWN

The Website cannot be used by you in a manner that infringes any Intellectual Property Rights of any party. If you have reasons to believe that any content, material or information may infringe your Intellectual Property Rights or those of any third-party you shall submit a notice in this respect at [….][nc4] . Underline will respond to any sufficiently substantiated notice submitted in accordance with this provision. A notice shall be deemed sufficiently substantiated if it includes the following:

  • your address, email address and telephone number;
  • relevant and accurate information, including a thorough description of the work that you claim is being infringed, along with information about where it is located;
  • an electronic or physical signature of the rightholder (or a person authorized to act for the rightholder);

Underline will respond to any notices submitted in accordance with this provision without undue delay and when the notice is substantiated it will remove the content from the Website.

If the substantiated notice refers to the Content or the Website you understand that their further use and sharing, regardless of the medium, may amount to a subsequent infringement of the intellectual property rights claimed under the notice. Any such further use and sharing by you of Content that was removed from the Website will be at your own risk and Underline shall not be liable for any damages caused by such use.

10. ADDITIONAL TERMS AND THIRD-PARTY PRODUCTS

The Website may contain links to third-party websites, products, services, courses, materials (“Third-Party Products”) which may be subject to different terms and conditions, standards or guidelines, and are provided independently and separately from Underline.

Underline is not responsible or liable for the availability or accuracy of such Third-Party Products, or any content or services available from such Third-Party Products and the use and/or access thereof is carried at your own risk.

11. GENERAL PROVISIONS

Survival. Any and all provisions that, by their content, are intended to apply beyond, the performance, non-renewal or termination of the Terms will survive any termination hereunder (whether or not so expressly stated).

Non-Assignment. You may not assign or otherwise transfer these Terms or your rights and obligations under these Terms, in whole or in part, without Underline’s written consent and any such attempt will be void. Underline may transfer its rights under these Terms to a third party, in which case these Terms will be updated.

Entire Agreement. These Terms have the entire understanding between the parties and supersede any prior written or oral agreement related hereof.

Severability. If any provision of these Terms shall be found by a court to be void, invalid or unenforceable, the same shall be reformed to comply with the applicable law, but to the extent it still complies with the effects and intent envisioned by the parties upon entering into it, or, if the aforementioned reformation is not possible, it will be stricken so as not to affect the validity or enforceability of the remainder of these Terms.