Pre-Registration Terms & Conditions

These Pre-Registration Terms and Conditions (“Terms”) govern your placing of Pre-Registrations ("Pre-Registration") with TF Tech NV, with registered office at Antwerpse Steenweg 19, 9080 Lochristi, Belgium (ThreeFold Tech). Please read these Terms carefully before submitting your Pre-Registration of any ThreeFold Tech products. By submitting your Pre-Registration, you agree to be legally bound by these terms.

1. Pre-Registration Reservation
When placing a Pre-Registration for ThreeFold Tech products, you will be required to provide certain information, such as your address and other billing information. You represent and warrant that all such information is accurate, and you shall ensure that such information is kept current.

ThreeFold Tech shall have no responsibility or liability for inaccurate information or information that later becomes outdated, and shall have no obligation to make efforts to determine the correct contact or shipping information.

You acknowledge and agree that ThreeFold Tech may decline or delay reservations to avoid oversubscription or as it deems appropriate.

2. Price & Payment
You will be charged a percentage (Pre-Registration Slot Fee) of the products at the time of placing the Pre-Registration. Methods of payment accepted are (1) iDeal; (2) Credit Card Payment (Visa, Visa Electron, MasterCard); (3) Sofort Banking; (4) Bancontact.

The purchase price does not include import duties, VAT, other taxes, transfer fees, shipping (outside of EU), and other governmental charges, which are your responsibility as a purchaser of the products.

Upon batch completion of the batch number in which you have pre-registered a secondary payment request will be communicated for you to complete the full payment of the ThreeFold Tech product. If this payment is not fulfilled within the communicated timeframe ThreeFold Tech holds the right to cancel your Pre-Registration, which would result in it being handled as a Cancellation (see section 5)

3. Priority
ThreeFold Tech will build Products according to the order in which the Pre-Registration is received. This position does not imply receiving a  particular number associated with your Products. If you cancel or forfeit your Pre-Registration in accordance with the Terms, your position will be taken by the next person on the Product reservation list.

4. Delivery Schedule
Although we will make efforts to begin delivering Products as soon as reasonably practicable, you understand and agree that there may be delays. An estimated time of delivery is only an estimate, is subject to change, and ThreeFold Tech does not represent or warrant that it will be able to ship the Product by the estimated date.  As a result, if a delay arises and the estimated shipment is not met, ThreeFold Tech is not responsible for any damages that may occur due to the delay, nor shall it be obligated, except as outlined in these Terms, to provide any discounts, refunds or credits due to any such delays. We will provide you updates with respect to such a delivery schedule. If for any reason you decide that you do not wish to continue to wait for your Product, you may cancel your reservation as provided in Section 5 below.

5. Cancellation
You, as a buyer, or ThreeFold Tech, as a seller, may cancel this reservation (including the Pre-Registration) by terminating the Pre-Registration at any time for any or no reason. 

- If you do so prior to our notice batch closure, you will obtain a refund of the purchase price effectively received from you by ThreeFold Tech, minus reasonable transaction costs made. 

Credit card: € 0,25 + 2,8% of total pre-registration fee

iDeal: € 0,29

Bancontact:  € 0,39

Sofort: 0,25 + 0,9% of total pre-registration fee

- If ThreeFold Tech cancels your reservation you will receive a full refund of the Purchase Price.

6. Batch Completion
ThreeFold Tech reserves the right to complete the batch prior to the communicated date if/or when full capacity is reached. In the event of this happening ThreeFold Tech will communicate a more lenient payment timeframe for payment completion.

Delivery Schedules will not be affected in the event of a batch closing prior to the communicated date of closure.

7. Limitation of Liability
Under no circumstances will ThreeFold Tech be held liable for any incidental, special, or consequential damages arising out or related to this agreement. In the event that ThreeFold Tech is held liable for any damages arising out or related to these Terms, your sole, and exclusive remedy will be the full refund of your purchase price without interest and minus two percent for payment provider cost.

8. Customer Information
We will use any information that we may collect about you only in accordance with our General Terms and Conditions to which you may refer the Article 10 – Confidentiality (click here), and our Privacy Policy (click here).

9. Change to the “Terms”
ThreeFold Tech reserves the right to change any of the terms for any or no reason. We will provide notice of any material changes and, 
if you are unhappy with such changes, your sole, and exclusive remedy will be to cancel your reservation as described in Section 5 above.

10. Applicable law
These Terms shall be governed by and construed in accordance with Belgian law, without regard to conflicts of law principles that would require the application of any other law.

Any action or proceeding arising out of or in relation to these Terms shall be brought in the courts of Ghent, Belgium.

Each of the parties irrevocably submits to the exclusive jurisdiction of such court(s) in any such action or proceeding and waives any objection it may now or hereafter have to venue or convenience of forum.