Version 1.0 dated 1st December 2025
These Gift Terms and Conditions (“Terms”) govern the voluntary bonus program (“Bonus Program”) of New Horizon GmbH (“New Horizon”) and set out the conditions under which registered users are granted a bonus. In the event of any inconsistency between the General Terms and Conditions (“GTC”) and these Terms, these Terms shall prevail. New Horizon reserves the right to amend or discontinue the Bonus Program at any time.
The definitions used herein shall have the same meaning as the definitions set out in the GTC, unless otherwise expressly provided for in these Terms. “Bonus” means a credit balance recorded in the user’s wallet, which may be used exclusively to offset the Timeless fees incurred in connection with the acquisition of fractional interests. “Wallet” means the user account of a user on the New Horizon platform.
Participation is limited exclusively to users who:
Excluded from participation are the legal representatives and employees of New Horizon, as well as all persons involved in the implementation or administration of the bonus program and their respective family members.
The decision to grant a bonus is at the sole discretion of New Horizon GmbH and is entirely voluntary. Users shall have no legal entitlement to the granting of a bonus. Any bonus granted willl be credited to the user’s wallet at New Horizon’s discretion. Payment of the bonus in cash is excluded; the bonus is neither transferable nor assignable as security. The amount, the timing and conditions of any bonus granted shall be determined by New Horizon on case-by-case basis. New Horizon willl notify the user of any credit via the app.
The bonus can only be used to pay the fees charged by Timeless Investments for acquiring fractional interests. Offsetting it against the purchase price or value of the fractional interests is not permitted. The bonus will expire without compensation once it has been fully used or after one month from the date of crediting. After this period has elapsed, the bonus may no longer be used.
New Horizon reserves the right to exclude Users from the Rewards Program who violate these Terms, the Terms and Conditions or applicable law, attempt to influence the Rewards Program through technical or other manipulation or violate the rights of third parties.
In the event of exclusion from the Rewards Program, the Bonus or credits granted may be subsequently revoked and reclaimed.
New Horizon’s liability is governed by the GTC.
The law of the Federal Republic of Germany shall apply to the exclusion of the UN Convention on Contracts for the International Sale of Goods and the conflict of laws. If a User is a consumer and their habitual residence is in a member state of the European Union, German law shall also apply, whereby mandatory provisions of the state in which the User has his or her habitual residence shall remain unaffected. Consumers may invoke more favourable provisions of their home law at any time.
In the event that one or more present or future provisions of these Terms should be or become invalid or unenforceable in whole or in part, the validity and enforceability of the remaining provisions shall not be affected thereby. The invalid, illegal, unenforceable and/or unenforceable provision shall be deemed to be replaced by such valid, legal and enforceable provision as is consistent as far as possible with the spirit and economic purpose of the Conditions and the original intention of the parties.
This English version is provided for informational purposes only and constitutes a translation of the original German version. In the event of any discrepancies, ambiguities, inconsistencies, or differences in interpretation between the German and the English version, the German version shall prevail and shall be legally binding.
