Version: 1.0; Date: May 1, 2024
1.1 These Special Conditions for Timeless Savings Plans (“Special Conditions”) apply to savings plans offered on the platform that allow users to invest specified amounts in shares selected by the user (“Timeless Savings Plans”).
1.2 In addition, the General Terms and Conditions for the use of Timeless by New Horizon GmbH (“GTC”) along with the definitions used therein apply, unless otherwise regulated in these Special Conditions.
1.3 These Special Conditions do not represent a separate contract but supplement the platform use agreement. In case of contradictions between these Special Conditions and the GTC, the Special Conditions prevail.
2.1 Timeless Savings Plans enable users to invest specified amounts at certain key dates into selected shares offered on the platform. New Horizon merely forwards the purchase offers created based on the Timeless Savings Plans as a messenger, which must be accepted by the selling side. Acceptance of the purchase offers is not performed by New Horizon if the seller is a third party and not New Horizon itself.
2.2 By clicking the “commit to pay” button, users definitively establish a Timeless Savings Plan.
2.3 Users are informed before the conclusion of a sales contract mediated via a Timeless Savings Plan (“Pending Purchase”). Users may cancel a pending purchase before the conclusion of the sales contract.
2.4 Users can terminate Timeless Savings Plans at any time.
No fees are charged for the use of Timeless Savings Plans.
The law of the Federal Republic of Germany applies, excluding UN sales law and conflict of laws provisions. If a user is a consumer whose habitual residence is in a member state of the European Union, German law also applies, without prejudice to the mandatory provisions of the state in which the user has his habitual residence. Consumers may at any time invoke more favorable regulations of their home law.
