Of Katanox B.V., is the ultimate parent company of the Katanox Group, a private limited liability company under the laws of the Netherlands, having its official seat in Amsterdam, the Netherlands, and its office address at Kleine Gartmanplantsoen 21-6th floor, 1017 RP Amsterdam, the Netherlands, registered with the Commercial Register of the Chamber of Commerce under number 75629763 which includes:

Katanox Financial Technology BV, a Dutch private limited liability company, wholly owned by Katanox B.V., having its office address at Kleine-Gartmanplantsoen 21-6, 1017 RP Amsterdam, the Netherlands, registered with the Commercial Register of the Chamber of Commerce under number; 85692549 licensed Payment Service Provider for the European Economic Area by the Dutch National Bank under number: 724500GLLXB682M9DD36

Katanox Financial Technology Ltd. a British private limited liability company, wholly owned by Katanox B.V., having its office address at 2 Eastbourne Terrace, London W2 6LG, United Kingdom, registered with the Companies House under number; 14423621

Katanox Financial Technology Inc. a company organised under the laws of Delaware, United States, wholly owned by Katanox, having its office address at 500, 7th Avenue, New York, 10018, registered with FinCEN as a Money Services Business under number: 31000246128534

hereinafter referred to as “Katanox”.

DEFINITIONS

  1. In these General Terms and Conditions the following expressions shall have the meaning as set out next to them:

Accommodation(s) means a property or group of properties under one brand, including hotels and apartments, for accommodation of Guests and related hospitality services, offered by Sellers through the Platform;

Accommodation Content means the information (pictures and description) about the Accommodation, including the rooms available for reservation;

Accommodation Policies means the policies of the Accommodation for its Guests, including a rate plan, payment terms, as well as cancellation and no-show terms;

Affiliates means Katanox Fintech, Stichting Derdengelden Katanox and/or each other entity belonging to the same group of companies as Katanox in accordance with section 2:24b of the Dutch Civil Code, both inside and outside the Netherlands;

Agreement means any agreement between Buyer and Katanox regarding the Platform and/or Services, or resulting therefrom, including these General Terms and Conditions;

Application(s) means websites, apps, platforms or other applications of Buyer through which the Guests shall make reservations on the Platform;

Buyer means a travel management company or provider that wants to make use of the Platform;

Commission means the commission for Materialised Transactions payable by the Seller to Buyer

Commission Rate means the percentage Commission of the Total Booking Value for Materialised Transactions payable by the Seller to Buyer, as agreed upon between the Seller and Buyer;

Connection means the Katanox API;

Force Majeure means, in addition to its effect in the law and jurisprudence, all external causes, foreseen or unforeseen, that Katanox cannot influence, but which prevent Katanox to fulfil its obligations, including but not limited to regulations by any government authority, fire, flood, epidemic, pandemic, power outage, interruption, failure or defects in internet, telephone or other interconnection service or in electronic or mechanical equipment, staff illness of Katanox exceeding fourteen (14) working days and the failure by third parties engaged by Katanox to fulfil their obligations.

Fraudulent Reservation means a reservation resulting in a no-show and for which an invalid/stolen credit card was used (or other invalid/fraudulent payment methods were used) or a successful refund was made by the actual card holder or bank account holder as a result of which the Seller has not been paid;