Terms of Use

Last updated: 15.05.2018

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These terms of use (the Terms of Use) contain the terms and conditions applicable to your use of the PLN Lux Portal and the content displayed therein (the Portal) by PLN Lux SA, a public limited liability company (société anonyme) incorporated under the law of the Grand Duchy of Luxembourg, having its registered office at 6, rue Eurgène Ruppert, L-2453 Luxembourg, registered with the Luxembourg trade and companies register under number B 208 370, and having the Luxembourg VAT number LU29812362.

PLN Lux may be contacted by sending a letter to its registered office or by by sending an e-mail to the following address LU-PLNLux@intertrustgroup.com.

1. PURPOSE

This Portal is intended exclusively for information purposes. The objective is to present securitisation transactions within the meaning of the Luxembourg Act dated 22 March 2004 on securitisation, as amended and to provide documents and information relating to them. The securitisation transactions are managed by PLN Lux, an unregulated securitisation company (société de titrisation).

This Portal is solely a consultative website and therefore cannot be used to carry out transactions.

By consulting this Portal, you hereby expressly confirm that you accept that these Terms of Use govern its use.  

2. DATA QUALITY

Information available in the Portal is provided in good faith and for information purposes only. PLN Lux updates the information available in the Portal on a regular basis, but PLN Lux does not make any commitment in relation to the veracity, accuracy, completeness or correctness of such information.

If you identify a mistake in the provided information, please contact PLN Lux to report such mistake.

Under no circumstances shall the content of this Portal constitute an offer to sell, or issue or the solicitation of an offer to buy or subscribe for securities in the Grand Duchy of Luxembourg.

In no event shall the information contained in the Portal be regarded as investment advice nor security related advice. No investment decisions shall be based on the content of the Portal.

3.SECURITY

PLN Lux has taken and will maintain state-of-the-art measures to keep the Portal and the content available therein secure.

As the security and integrity of internet communication cannot be guaranteed, which is a risk you recognise and accept during your visit on our Portal, PLN Lux disclaims all responsibility regarding the consequences of any technical failures relating to the Portal, in particular with respect to any difficulties in accessing the Portal or any interruption to the provision of the Portal.

4.PORTAL AVAILABILITY

PLN Lux cannot guarantee that the Portal and its content will be available at all times, as this also depends on the availability of your systems, the network connections, etc.

Moreover, maintenance services may be required from time to time.

PLN Lux will do its best to keep the time during which the Portal access is limited or excluded as short as possible.

5.Processing of personal data

PLN Lux, as data controller, may process your personal data collected on the Portal in order to allow access to the Portal, in order to respond to your request, in order to produce statistics and for customer relationship purposes.

Your data may be shared with our service providers, as well as with any competent authorities.

Your data will not be kept for longer than required to achieve the above purposes.

You may access and rectify your data at reasonable intervals, free of charge by contacting PLN Lux at the following address: [l].

6.USE OF COOKIES

PLN Lux is using cookies, which are small text files that are stored on your computer and that are required to provide access and related services to the Portal (so-called functional cookies) .

Cookies are not used to identify you, rather for statistical purposes, they record information on how you browse our Portal. The length of time for which information is stored on your computer is 30 days .

You may oppose the use of cookies by selecting the appropriate settings in your browser, however please note that if you do this you may not be able to use the full functionalities of the Portal.

7.LIABILITY

PLN Lux may immediately terminate or suspend your access to the Portal in the event of any breach of these Terms of Use and PLN Lux may pursue any remedy legally available to enforce compliance with any of your obligations hereunder.

To the maximum extent permitted by applicable law, PLN Lux expressly disclaims all other warranties, whether express, implied, statutory, oral or written, or otherwise, with respect to the Portal, including but not limited to implied warranties of merchantability, quality and warranties arising from a course of dealing, usage or trade practice. Without limitation of the foregoing, PLN Lux does not warrant that any of the Portal and the information displayed herein will meet your requirements.

The Portal may contain links to other websites. PLN Lux declines any liability in relation to the contents of such websites.

8.RISKS LINKED TO FINANCIAL INVESTMENT

Information contained in this Portal shall in no event be regarded as investment advice. Investment in securities can present certain risks. Past performance is not an indication of future results. Performance may vary over time. Investments may fall as well as rise, as the value of the securities depends on the financial markets.

You are adviced to seek detailed information prior to making any investment decision. The information published by PLN Lux on the Portal is for information purposes exclusively. The prospectus approved and/or authorised for distribution by the financial markets authority can be accessed on the Portal under the description of each product .  

9.INTELLECTUAL PROPERTY

The Portal and its entire content (including designs and editorial content, as well as the description of the documents and services) are owned by PLN Lux and/or third parties. The Portal and its contents are protected by intellectual property rights as provided by the current applicable legislation. Only visualisation of the Portal and printing of extracts are authorised. The partial reproduction of any database accessible from the Portal or of its contents for any use other than a strictly necessary, as well as the substantial or integral reproduction, are forbidden.

You shall in no case transmit, reproduce, sell, use or exploit in any other manner or under any other form any information or document displayed on the Portal without the prior written authorisation of PLN Lux.

10.AMENDMENT OF THE TERMS OF USE

PLN Lux reserves the right to amend the Terms of Use at any time and without notice. Please read the Terms of Use each time you access to the Portal to make sure that you have read the most recent version of the Terms of Use. If you do not wish to accept the Terms of Use in their current version or in any future version you shall discontinue using the Portal.

PLN Lux may decide to discontinue the provision of the Portal at any time and will provide prior notice to you (either by post on the Portal or an e-mail).

11.APPLICABLE LAW

The present Terms of Use are governed by the laws of the Grand-Duchy of Luxembourg.

The courts of Luxembourg City shall have exclusive jurisdiction for any litigation arising between you and PLN Lux.

12.MISCELLANEOUS

In case a provision of these Terms of Use would infringe any compulsory or public order provision or in case a provision would be void for any other reason, the validity of the other provisions of the Terms of Use shall not be affected. The parties shall, to the extent possible, undertake to replace the null or void provision by a valid provision which shall preserve the contractual economy and reflect the initial spirit on which the Terms of Use are based.

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