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I. Introduction

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

II. Definitions

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

III. Cashaa Wallet Services

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

IV. Specific Features of the Cashaa Exchange Service

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

V. Initiation and Execution of Exchange Transactions

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

VI. Obligations and Warranties

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

VII. Risk Disclosure

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

VIII. Limitation of Liability

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

IX. Default. Indemnification

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

X. Termination

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

XI. Notices

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

XII. Governing Law and Jurisdiction

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

XIII. Miscellaneous

These Cashaa Wallet Services General Terms and Conditions (“General Terms”) govern the contractual
relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to
the Cashaa group of companies (“Cashaa” or “we”), while you and Cashaa are hereinafter separately
referred to as “Party” and jointly – as “Parties”, in regard to your use of the services provided by
Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

Cashaa’s crypto wallet and exchange services are provided by its Prague based licensed virtual assets
service provider company Caspay Services S.R.O. (Company number: 19694571) wwith registered office
at Cimburkova 916/8, Zizkov, 130 00, Prague 3, Czech Republic. Caspay Services S.R.O. is part of the
group of companies operating under the brand name “Cashaa”.

You shall take your time and carefully read these General Terms before using the services provided by
Cashaa, so you are fully aware of your rights and obligations. Keep in mind that by using these
services (even only by completing the sign-up process), you both actively agree with these General
Terms and enter into contractual relations with Cashaa.

 

These Terms are divided into the following sections, which are deemed incorporated in their entirety by and in any reference to these Terms:

  • Section 1 – Introduction
  • Section 2 – Definitions
  • Section 3 – Client
  • Section 4 – Cashaa Crypto Credit and Collateral
  • Section 5 – Interest
  • Section 6 – Margin Calls & Liquidation
  • Section 7 – Term
  • Section 8 – Repayment & Withdrawals
  • Section 9 – Obligations & Warranties
  • Section 10 – Default & Indemnification
  • Section 11 – Risk Disclosure
  • Section 12 – Limitation of Liability
  • Section 13 – Termination
  • Section 14 – Notices
  • Section 15 – Governing Law and Jurisdiction
  • Section 16 – Miscellaneous

1. INTRODUCTION

These Cashaa Crypto Credit General Terms and Conditions (“General Terms”) govern the relations between you (“Client” or “you”) and any holding company, subsidiary or entity belonging to the Cashaa group of companies, including Caspay Services S.R.O. (Company number: 19694571) (“Cashaa” or “we”), while you and Cashaa are hereinafter separately referred to as “Party” and jointly – as “Parties”, in regard to your use of cryptocurrency credit facilities granted by Cashaa, and constitute a legally binding agreement (“Agreement”) between the Parties.

2. DEFINITIONS

  • Applicable Law means any law, statute, regulation, ordinance, treaty, guideline, policy and act issued by any governmental or regulatory authority, including but not limited to the governing law under Art. 15.1. and Art. 15.2. of these General Terms.
    Digital Assets means any digital assets (such as cryptocurrencies, stablecoins and tokenized fiat assets, and CAS Tokens), accepted and supported by Cashaa, and subject to revision, prohibitions and limitations at any time.
    Intellectual Property means any intellectual and industrial property rights, belonging to Cashaa, for example, trademarks, service marks, logos, copyright and related rights, know-how, research, publications, agreements, trade and company names, etc.
    Interest means the indicated interest rate accrued in accordance with these General Terms and subject to revision at any time.
    Cashaa Crypto Credit means any Digital Assets credit facility granted by Cashaa and the total amount of the credit due by the Client to Cashaa at any time until its full repayment, including the principal, the Interest and any fees due to Cashaa under this Agreement.
    Cashaa Account means a personal or business account, opened with Cashaa, through which you can use the Cashaa Crypto Credit and other Cashaa services.
    Cashaa Platform means any Cashaa website, mobile application and any other official Cashaa communication channel, including the content and services made available on or through the same, and any updates, upgrades and versions thereof.

Unless stated otherwise, references shall be made to the Cashaa Services General Terms and Conditions and the Cashaa Exchange Service General Terms and Conditions, and all the defined terms, used in these General Terms, shall have the same meaning as the one given to them in the Cashaa Services General Terms and Conditions or the Cashaa Exchange Service General Terms and Conditions, as the case may be.

3. CLIENT

You can enter into this Agreement and use the Cashaa Crypto Credit only if all of the conditions below are met:

  • You are not a citizen or resident of a sanctioned country according to the up-to-date lists of the US Office of Foreign Assets Control (OFAC), the United Nations, the European Union and any EU Member State, the UK Treasury, etc.;
    You are not a citizen or resident of the USA, China, and sanctioned countries, and you do not have any relevant connection with any jurisdiction where we have prohibited or restricted access to the Cashaa Crypto Credit and any feature thereof;
    You are at least 18 years old or of legal age to enter into contractual relations with Cashaa (whichever is later);
    You have opened a Cashaa Account with Cashaa;
    You have read, understood and agreed to our Privacy Policy and Cookies Policy.

By entering into this Agreement, you acknowledge and confirm that you meet all the conditions set out above. In the event that we subsequently ascertain that you have not met or do not meet any of these conditions anymore, we may suspend the provision of the Cashaa Services to you and close your Cashaa Account, and do not allow you to use the Cashaa Services.
At any time, at our sole and absolute discretion, without liability to you, we can: (i) refuse your request for granting of a Cashaa Crypto Credit; (ii) change the conditions for entering into the Agreement or use of the Cashaa Crypto Credit; (iii) suspend the provision of the Cashaa Crypto Credit or of all or part of the other Cashaa Services; or (iv) change, update, remove, cancel, suspend, disable or discontinue any features, component, content, incentive or referral plan of the Cashaa Crypto Credit.

4. CASHAA CRYPTO CREDIT AND COLLATERAL

Cashaa will grant you a Cashaa Crypto Credit in Digital Assets, if you provide the required Digital Assets as collateral, by transferring them into the Cashaa Account, or by using ones available thereinto (“Collateral”). All such Digital Assets are indicated on the Cashaa Platform and in the Cashaa Account and are subject to revision from time to time.
The value of the Cashaa Crypto Credit shall be calculated by the loan-to-value-ratio, as indicated on the Cashaa Platform and subject to revision from time to time, (“LTV”), against the value of the Collateral at the time of granting. The value of the Collateral shall be dynamically calculated by Cashaa in accordance with its applicable policy at the moment, on the basis of margin percentages applied to the market value of the Collateral, according to an exchange ratio more or less equivalent to the volume­ weighted average price of the relevant Digital Assets, across leading cryptocurrency exchanges.
You shall at all times maintain the necessary Collateral in accordance with the LTV.
The Assets for Collateral will automatically be taken from the available Assets in your Cashaa wallet in an order pre-defined and decided solely by Cashaa. Unless prohibited by any Applicable Law or the Client is a resident of the USA, by virtue of this Agreement Cashaa acquires the ownership title and all attendant rights of ownership of the Collateral while the Cashaa Crypto Credit is outstanding, and can dispose of this Collateral in any manner at its sole and absolute discretion. Otherwise, you understand and agree that we can convert, pledge, re-pledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer, dispose of or use any amount of such Collateral, separately or together with other property, and for any period of time, and without retaining in our possession and/or control for delivery a like amount thereof or any other assets, at our sole and absolute discretion. Any such action will be performed in our name only and you will have no benefits and liabilities from it.

5. INTEREST

A simple annual Interest charged or debited daily, shall commence accruing as of the expiry of 24 hours (twenty-four) from the start date of the Cashaa Crypto Credit (“Start Date”), at the rate determined at the time the Cashaa Crypto Credit is granted and indicated in the Cashaa Account and on the Cashaa Platform. The Interest shall be subject to revision from time to time, at our sole and absolute discretion.
The Interest shall be calculated on a daily basis, on each calendar day, on the basis of the actual number of days elapsed in a 360-day year. The daily interest amount shall be first charged from the available balance in your Cashaa Account in the same currency or Digital Assets as the currency or Digital Asset in which the Cashaa Crypto Credit has been availed. Thereafter, in an order pre-defined and decided at the sole discretion of Cashaa from your Cashaa Account. In case insufficient funds in your Cashaa Account, the daily interest shall be debited from the Collateral Amount till a certain maximum LTV threshold is hit. You will be sent email communications after each step with a request to top-up your Cashaa Account.

6. MARGIN CALLS & LIQUIDATION

If the LTV increases above certain thresholds, as indicated on the Cashaa Platform, you shall provide additional Collateral and/or make the required repayments to rebalance the Cashaa Crypto Credit.
If the LTV increases above the maximum permitted threshold, as indicated on the Cashaa Platform, Cashaa shall liquidate the necessary amount of Collateral to rebalance your Cashaa Crypto Credit, and you give Cashaa the authority and discretion to sell or dispose of any or all Collateral, in such manner as Cashaa, in its sole discretion, sees fit.
Cashaa may take reasonable steps, but shall not be obliged to notify you of any changes in the LTV prior to Cashaa exercising its rights under this Agreement, including but not limited to proceeding with liquidation. Cashaa retains the discretion to liquidate your Collateral without prior notice, especially when market conditions require immediate action. You acknowledge and agree that it is your sole responsibility to monitor the prevailing market conditions at a given time and maintain your LTV in full accordance with these General Terms, without request or notice by Cashaa.

7. TERM

The Cashaa Crypto Credit is a flexible term product and hence remains in-force till all of the outstanding amount including the principal, interest and any other charges or fees is paid in full by the Client or till the time when Cashaa decides to liquidate the Collateral and close the Credit.

8. REPAYMENT AND WITHDRAWAL

The Cashaa Crypto Credit can be repaid partially or in full at any time: (i) by transferring into the Cashaa Account the same Digital Assets as the Cashaa Crypto Credit granted, or other Digital Assets acceptable to Cashaa; (ii) with the Collateral; or (iii) by combination of (i) and (ii).
All repayments shall be allocated first to the fees (if any), then to the Interest and last to the principal of the Cashaa Crypto Credit.
Once the Cashaa Crypto Credit has been repaid in full, all remaining Collateral shall no longer be treated as such for the purpose of the Cashaa Crypto Credit.
Cashaa may provide you with discounts on the Cashaa Crypto Credit or any part thereof, such as the principal or the Interest, at any time, under conditions it finds appropriate. Cashaa will levy the applicable exchange fees in case the repayment or interest payment is done with any currency other than the currency in which the Cashaa Crypto Credit has been availed.

9. OBLIGATIONS AND WARRANTIES

You hereby declare, warrant and confirm that:

  • You meet the conditions under Art. 3.;
    You are the exclusive owner of the Digital Assets to be used as Collateral;
    You validly undertake any action or enter into any transaction with regard to the Agreement;
    The Digital Assets, which you have provided or will provide as Collateral, are not derived from money laundering, terrorist financing, fraud or any other illegal or criminal activity under any Applicable Law in the respective jurisdiction;
    You have submitted to Cashaa only complete, correct and up-to-date information and documents;
    You are aware that you are subject to the tax regulation in your jurisdiction and shall be fully responsible for any filing/reporting and paying any tax due to the competent tax authority, as required by the Applicable Law. Cashaa shall not be required to compensate you for your tax obligations or advise you in relation to your tax issues. The uncertainty in tax legislation relating to the Digital Assets may expose you to any currently unknown or future tax consequences, associated with your holding of Digital Assets and the use of our service, for which Cashaa shall not be held liable. You shall hold Cashaa harmless from any expenses and losses, resulting from the above uncertainty;
    You are aware that you use the Cashaa Account and the Cashaa Crypto Credit fully at your own risk.

You hereby undertake to:

  • Use the Cashaa Crypto Credit and the other Cashaa Services in good faith;
    Not violate or breach any terms in these General Terms, the Privacy Policy, the Cookies Policy, or any Applicable Law in any relevant jurisdiction;
    Not commit, conduct or perform any misrepresentation, fraud, malicious act or criminal activities;
    Not provide false, inaccurate, incomplete, out-of-date or misleading information;
    Not interfere, intercept, or expropriate our network, system, data, or information;
    Not transmit or upload any virus or other malicious software or program, or try to gain unauthorized access to other users accounts, website, network or systems relating to the Cashaa Services;
    Not decompile, reverse engineer or disassemble any of our programs, systems or products, or in any way infringe our Intellectual Property rights;
    Not cause or launch any programs or scripts for the purpose of scraping, indexing, surveying, or otherwise data mining any portion of any of our programs, systems or products; or unduly burdening or hindering the operation and/or functionality of any aspect of the Cashaa Crypto Credit;
    Not engage in any written or verbal communication or conduct towards Cashaa, its affiliates, third-party service providers, each of their respective employees, officers, directors and representatives, which may in any way be deemed harmful, threatening, aggressive, abusive, inappropriate, disparaging or in any manner disrespectful;
    Keep the data required for using the Cashaa Account unavailable for third parties;
    Inform Cashaa about any change in the information and documents submitted to Cashaa, in particular in your contact details, within 1 (one) day as of the change;

10. DEFAULT & INDEMNIFICATION

The occurrence of one of the following events constitutes an Event of Default:

a) The Client breaches one of the Client’s obligations or warranties under these General Terms, including but not limited to any obligation to pay any amount whatsoever (principal, Interest or other) to Cashaa in respect of the Cashaa Crypto Credit;

b) The Client breaches another obligation in connection with the Client’s relationship with Cashaa, including any obligation resulting from the Collateral (the obligation to maintain Digital Assets with Cashaa considered by Cashaa to be acceptable and adequate pursuant to these General Terms);

c) The Client is unable to pay the Client’s debts, enters into an agreement or arrangement with the Client’s creditors related to the restructuring of the Client’s debts, or is the subject of any measures to have the Client declared bankrupt or to appoint a curator, administrator, trustee or liquidator;

d) It is or becomes illegal for the Client to perform the Client’s obligations under this Agreement;

e) Cashaa is unable to contact the Client in accordance with the Client’s most recent instructions for sending correspondence.

In case of an Event of Default, Cashaa is entitled:

a) To terminate the Cashaa Crypto Credit and/or this Agreement with immediate effect;

b) To declare immediately payable any principal amount due in respect of the Cashaa Crypto Credit, as well as the Interest accrued and any other amount due in respect of the Cashaa Crypto Credit;

c) To realize, at our sole and absolute discretion, all or part of the Collateral in accordance with the applicable contractual terms; and/or

d) In general, to take any action it deems necessary to protect its interests.

You shall defend, indemnify, and hold harmless Cashaa, its affiliates, each of their respective employees, officers, directors, and representatives from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorney’s fees), arising out of or relating to any third-party claim concerning these General Terms or your use of the Cashaa Crypto Credit or any of the other Cashaa Services in violation to these General Terms or any Applicable Law.

11. RISK DISCLOSURE

The regulatory status of the Digital Assets is currently unsettled, varies among jurisdictions and is subject to significant uncertainty. It is possible that in the future, certain laws, regulations, policies or rules relating to the Digital Assets or blockchain technology, may be implemented, which would directly or indirectly affect or restrict the Cashaa Crypto Credit or any of the other Cashaa Services.
YOU ARE RESPONSIBLE FOR DETERMINING WHETHER THE USE OF THE CASHAA CRYPTO CREDIT OR ANY OF THE OTHER CASHAA SERVICES IS LEGAL IN YOUR JURISDICTION AND YOU SHALL NOT USE THE CASHAA CRYPTO CREDIT OR ANY OF THE OTHER CASHAA SERVICES SHOULD SUCH USE BE ILLEGAL IN YOUR JURISDICTION. IF YOU ARE UNCERTAIN, PLEASE SEEK INDEPENDENT LEGAL ADVICE.
We may be forced to suspend or discontinue or to change aspects of the Cashaa Crypto Credit or any of the other Cashaa Services in any jurisdictions if demanded by the regulators or Applicable Law, without notice and for whatever reason. In such case the Digital Assets in your Cashaa Account may be frozen for an indefinite period of time until the matter is resolved.
Cashaa shall not be liable for any delay, error, interruption or failure to perform any obligation under these General Terms, where the delay or failure is directly or indirectly resulting from any cause beyond our control, including but not limited to: (i) acts of God, nature, court or government; (ii) failure or interruption in public or private telecommunication networks, communication channels or information systems; (iii) acts or omissions of acts of a party for whom we are not responsible; (iv) delay, failure or interruption in, or unavailability of, third-party services; (v) strikes, lockouts, labour disputes, wars, terrorist acts and riots.
You understand and agree that you use the Cashaa Account and the Cashaa Crypto Credit at your own risk. This section is not exhaustive and does not disclose all the risks associated with the Digital Assets and the use of the Cashaa Crypto Credit and any of the other Cashaa Services. You should, therefore, carefully consider whether such use is suitable for you in light of your circumstances and financial resources.

12. LIMITATION OF LIABILITY

NOTWITHSTANDING ANY PROVISIONS IN THESE GENERAL TERMS, IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY TYPE OF INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO LOST REVENUE, LOST PROFITS, REPLACEMENT GOODS, LOSS OF TECHNOLOGY, LOSS OF DATA, OR INTERRUPTION OR LOSS OF USE OF SERVICE OR EQUIPMENT, EVEN IF SUCH PARTY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND WHETHER ARISING UNDER THEORY OF CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE.
Neither we nor any of our agents or nominees shall be liable for: (i) the management or performance of your Digital Assets (including any reduction in the value); and (i) any taxes or duties payable in respect of your Digital Assets.
Except as expressly provided in these General Terms, to the extent permitted by any Applicable Law, we disclaim all other representations or warranties, express or implied, made to you, your affiliates or any other person, including without limitation any warranties regarding quality, suitability, merchantability, fitness for a particular purpose or otherwise (regardless of any course of dealing, custom or usage of trade) of any service or any goods provided incidental to the Cashaa services under these General Terms.
Our liability in respect of representations and warranties that is not excluded under these General Terms, at our option, is limited to any one of re-supplying, replacing or repairing, or paying the cost of the re-supplying, replacement or repairing, or paying the cost of supplying again the services in respect of which the breach occurred.
IN NO EVENT WILL OUR AGGREGATE LIABILITY FOR ANY LOSS OR DAMAGE ARISING IN CONNECTION WITH THE CASHAA CRYPTO CREDIT EXCEED THE FEES YOU PAID TO CASHAA FOR YOUR USE OF THE SERVICES DURING THE 12 MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY. THE FOREGOING LIMITATIONS OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW.

13. TERMINATION

This Agreement shall be terminated immediately by closing of your Cashaa Account and discontinuing use of the Cashaa Crypto Credit. The Agreement can be terminated upon written notice by Cashaa if Cashaa discontinues the offering of the Cashaa Crypto Credit, regardless of the reasons.
All your debts to Cashaa shall have been settled and there shall be no balance in your Cashaa Account prior to suspension or closing thereof. You are entitled to recover the remaining balance of Digital Assets together with the Interest accrued thereon, if applicable, respectively the fiat equivalence of the latter, unless we are prohibited by any Applicable Law or a court order to release such Digital Assets and Interest, if applicable, including but not limited to the case that we have reasonable grounds to suspect that the Digital Assets or the funds used for purchase of the Digital Assets were obtained through fraud or any unlawful means or connected with any criminal activities. Certain limitations may apply, as indicated in the Cashaa Account and on the Cashaa Platform, subject to revision from time to time, at our sole and absolute discretion.
The termination of this Agreement shall not prevent any Party from seeking any remedies against the other Party for any breach of this Agreement occurring prior to such termination.

14. NOTICES

Any notice required or made under these General Terms from Cashaa to the Client shall be considered validly received when addressed to the Client’s last used e-mail address, mailing address or phone number. Additionally, we may provide notices through posting on the Cashaa Platform.
Any notice required or made under these General Terms by the Client to Cashaa shall only be made through an e-mail in English, sent to support@cashaa.com.

15. GOVERNING LAW AND JURISDICTION

The Agreement shall be governed exclusively by the substantive law of the Czech Republic.
Any dispute arising out of or in connection with the Agreement (the General Terms), unless amicably settled between the Parties, shall be referred to the competent court in the Czech Republic, determined as per the procedural law of the Czech Republic. You agree that any dispute resolution proceeding subject to the Applicable Law under the preceding sentence shall be conducted only on an individual basis and not as a plaintiff or class member in any purported class, consolidated or representative action or proceeding. No court or other dispute resolution authority can consolidate or join more than one claim and can otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded cannot affect other Clients of Cashaa.

16. MISCELLANEOUS

The Intellectual Property remains exclusive property of Cashaa and cannot be reproduced, displayed, distributed and used in any other manner by the Client, except upon our explicit prior written consent.
This Agreement, together with the Cashaa Services General Terms and Conditions, the Privacy Policy and Cookies Policy, and the Cashaa Exchange Service General Terms and Conditions (if and to the extent applicable), represents the entire agreement between you and Cashaa in relation to the use of the Cashaa Crypto Credit. Unless otherwise agreed, it supersedes all prior or current representations, statements, understandings, agreements, or communications between you and Cashaa, its affiliates, third-party service providers, each of their respective employees, officers, directors and representatives, whether written or verbal and regardless of the communication channel, including any statements in Cashaa’s whitepaper.
Cashaa shall reserve its right to amend or supplement these General Terms from time to time. Any such amendments or supplements shall become valid and in full force as of the date of their publishing on the Cashaa Platform, while they shall not affect the current terms of your Cashaa Crypto Credit and shall only apply for new Cashaa Crypto Credit(s).
The descriptive headings in these General Terms are inserted for convenience only and shall not affect the interpretation of this Agreement.
The invalidity of the whole or part of any provision of these General Terms shall not affect the validity of the whole or part of any other provision of these General Terms, the remaining provisions of these General Terms shall remain in full force and effect.
The failure by Cashaa to exercise or enforce any right or provision of these General Terms shall not constitute a present or future waiver of such right or provision.
Granting the Cashaa Crypto Credit to you does not make Cashaa your trustee or investment adviser and no fiduciary relationship exists between us. We have no trust or other obligations in respect of your Cashaa Account other than those expressly specified hereunder. You understand and agree that Cashaa may charge you fees for the use of the Cashaa Crypto Credit, if and to the extent applicable, at an amount as indicated on the Cashaa Platform and subject to revision from time to time, at our sole and absolute discretion.
Any of your rights and obligations arising out of the Agreement are not assignable or transferable, without the prior written consent of Cashaa. Cashaa shall reserve the right to assign, delegate or transfer this Agreement and the rights and obligations hereunder to any third party at any time without notice or your consent.
Any issues which are not settled hereby shall be governed by the Cashaa Services General Terms and Conditions. In case of any discrepancies between the present General Terms and the Cashaa Services General Terms and Conditions.