1. OWNERSHIP, LIMITED LICENSE TO USE THE SITE
Pagaya owns and maintains this Site. All information contained in this Site is intended solely for the use of those persons who have been granted permission to use this Site and who have agreed to these Terms.
Pagaya grants you a limited, nonexclusive license to display and otherwise use portions of the Site solely for your own private, non-commercial, informational purposes only, and to print pages from the Site only in connection with that use. Except as described in the immediately preceding sentence, you may not copy, store, modify, distribute, transmit, perform, reproduce, publish, license, create derivative works from, transfer or sell any text, graphics, logos and other source-identifying symbols, designs, icons, images, or other information, software or code obtained from the Site without prior express written permission from Pagaya which may be withheld for any or no reason. You further agree not to download, display or use any Pagaya Content located on the Site for use in any publications, in public performances, on websites other than this Site for any other commercial purpose, in connection with products or services that are not those of Pagaya, in any other manner that is likely to cause confusion among consumers, that disparages or discredits Pagaya and/or its subsidiaries, that dilutes the strength of Pagaya or its subsidiaries’s property, or that otherwise infringes Pagaya or its subsidiaries’ intellectual property rights. You further agree to in no other way misuse any Pagaya Content or third-party content that appears on this Site.
2. USAGE PARAMETERS
Means of Access. The Site is generally intended to be viewed by a conventional Web browser, either by Computer or cellular phone. Although you may use other means to access the Site, be aware that the Site may not appear accurately through other access methods, and you use them only at your own risk. You are responsible for setting the cache settings on your browser to ensure that you are receiving the most recent data. You are responsible for obtaining and maintaining all equipment, services and other materials that you need to access and use the Site. You may not use any data mining, robots or similar data gathering and extraction programs or methods, whether automated or manual, to access, acquire, copy or monitor any portion of the Site or any data and content found on the Site, unless such devices or methods are expressly approved in writing in advance by Pagaya.
Unsolicited Ideas. Pagaya always welcomes consumer feedback and appreciates your interest in sharing your thoughts with us. However, it is Pagaya’s policy not to accept unsolicited ideas from outside Pagaya, including ideas for new or improved products or packaging, technologies, product names, or promotion or marketing strategies. Should you submit an idea to Pagaya, despite Pagaya’s policy, Pagaya will treat the information as non-confidential and non-proprietary and Pagaya will be free to use the information for any purpose and will not be obligated to return or acknowledge receipt of your submitted information.
3. NO OFFER OF SECURITIES; NO ADVICE
THIS SITE AND THE INFORMATION INCLUDED HEREIN ARE FOR GENERAL INFORMATION PURPOSES ONLY. UNDER NO CIRCUMSTANCES SHOULD ANY MATERIAL AT THE SITE BE USED OR CONSIDERED AS AN OFFER TO SELL, OFFER TO INVEST, A SOLICITATION OF AN OFFER TO BUY ANY SECURITY, FUTURE OR OTHER FINANCIAL PRODUCT OR INSTRUMENT, INCLUDING ANY INTEREST IN ANY INVESTMENT FUND SPONSORED OR MANAGED BY PAGAYA AND. ANY SUCH OFFER OR SOLICITATION CAN AND WILL BE MADE ONLY BY MEANS OF THE APPLICABLE CONFIDENTIAL OFFERING MEMORANDUM, IF EXSISTS ACCORDING TO ANY APPLICABLE LAW, AND ACCORDING TO ANY OF THE SUBSCRIPTION DOCUMENTS OF EACH INSTRUMENT OF SUCH INVESTMENT FUND OR OTHER APPLICABLE DOCUMENT, ONLY IN JURISDICTIONS IN WHICH SUCH AN OFFER WOULD BE LAWFUL AND ONLY TO INVESTORS WHO MEET THE INVESTOR SUITABILITY AND SOPHISTICATION REQUIREMENTS OF EACH SUCH INVESTMENT FUND AS DETERMINED FROM TIME TO TIME BY PAGAYA IN ITS SOLE AND ABSOLUTE DISCRETION. FURTHER, UNDER NO CIRCUMSTANEC SHOULD ANY MATERIAL AT THE SITE BE CONSIDERED AS AN INVESTMENT ADVICE.
Such requirements may include, among other things, qualifying as an “accredited investor” within the meaning of the U.S. Securities Act of 1933 or the Israeli Securities Act of 1968, as amended; a “qualified client” within the meaning of the U.S. Investment Advisers Act of 1940, as amended; a “qualified eligible person” within the meaning of the U.S. Commodity Exchange Act, as amended; and/or a “qualified purchaser” within the meaning of the rules promulgated under the U.S. Investment Company Act of 1940, as amended. Access to information about the investment funds managed by, or advisory services offered by, Pagaya is similarly limited to investors who meet the applicable investor suitability, experience and sophistication requirements. You acknowledge that participation in investment funds is speculative in nature, involves a high degree of risk and is intended only for experienced and sophisticated investors, as defined In any applicable laws applies on Pagaya.
This Site is also not intended to provide any investment, financial, legal, regulatory, accounting, tax or similar advice, and nothing on this Site should be construed as a recommendation, by Pagaya or any third party, to acquire or dispose of any investment or security, or to engage in any investment strategy or transaction. You should consult your own investment, legal, tax and/or similar professionals regarding your specific situation and any specific decisions.
4. PASSWORD-PROTECTED AREAS
In the future, there might be some portions of the Site which will be password-protected and might be accessed only by users who will be issued with passwords by an authorized representative of Pagaya. Such passwords will only be issued to current investors in an investment fund sponsored or managed by Pagaya or any subsidiary, or to prospective investors who are eligible to receive a Confidential Offering Memorandum or they are classified as accredited investors for one or more of those investment funds or their respective agents and designees. Password-protected portions of the Site may contain performance information for the investment funds sponsored or managed by Pagaya. Users of the Site acknowledge that past performance is not necessarily indicative of future results. No one may obtain or attempt to obtain unauthorized access to such parts of the Site, or to any other protected materials or information, through any means not intentionally made available by Pagaya for their specific use. Unauthorized individuals attempting to access, or actually accessing, these areas can be subject to criminal and/or civil prosecution.
During any registration process in those password-protected areas, you will have to provide complete and accurate information about yourself during the registration process. It will be your responsibility to maintain the currency, completeness, and accuracy of your future password and registration data and any loss caused by your failure to do so shall be your responsibility. You may not have a user name or ID that is indecent or distasteful or that we otherwise determine in our discretion is unacceptable. You will be solely responsible for maintaining the confidentiality of your password and account. Additionally, you will be solely responsible for any and all activities that might occur under your account. You agree to notify Pagaya immediately of any unauthorized use of your account. You further agree not to email, post, or otherwise disseminate or disclose any user name, ID, password, or other information that provides you access to the Site. Pagaya is not liable for any loss that you may incur as a result of the future unauthorized use of your password or account, either with or without your knowledge.
6. NO RELIANCE
7. MATERIALS within the site blog
Pagaya does not endorse, verify, evaluate or guarantee any information published on the blog of the Site and nothing shall be considered as an endorsement, verification or guarantee of any content published on the blog or elsewhere on the Site. You shall not create or distribute information, including but not limited to advertisements, press releases or other marketing materials, or include links to any sites which contain or suggest an endorsement by Pagaya without the prior review and written approval of Pagaya.
8. LINKS TO THIRD PARTY WEB SITES
9. NO OFFER OF EMPLOYMENT; consent to reserve your cv
The Site does not constitute an offer or promise of employment with respect to any employment position described on this Site. Without notice, Pagaya may eliminate, modify or change any aspects of any employment position described on the Site. This Site does not provide binding employment offers or any terms or conditions of employment. Any employment offer that may ensue as a result of your submission of information to Pagaya or submission of your CV on the Site shall be solely in accordance with the specific terms of such employment offer, not the terms of the Site. By submitting your CV on the Site, you agree the use of such CV by Pagaya for future employment offers to you and consent to be included in Pagaya’s employment databases and lists.
10. NO WARRANTY
PAGAYA AND ITS OFFICERS, DIRECTORS, MEMBERS, PRINCIPALS, INVESTORS, AGENTS AND EMPLOYEES MAKE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THIS SITE, PAGAYA CONTENT, OR USER CONTENT AND/OR THE ACCURACY, ADEQUACY, RELIABILITY, TIMELINESS, COMPLETENESS, SUITABILITY OR OTHER CHARACTERISTICS OF THE INFORMATION AND MATERIALS CONTAINED ON OR PRESENTED THROUGH THE SITE. THIS SITE AND ALL SUCH INFORMATION AND MATERIALS ARE PROVIDED “AS IS”, WITHOUT ANY WARRANTY OF ANY KIND, AND ON AN “AS AVAILABLE” BASIS. PAGAYA, TO THE FULLEST EXTENT PERMITTED BY LAW, HEREBY EXPRESSLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, AS TO THE SITE, PAGAYA CONTENT, USER CONTENT, ANY MATTER RELATED TO THE SITE AND SUCH INFORMATION AND MATERIALS ON THE SITE, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT AND AVAILABILITY. PAGAYA EXPRESSLY DISCLAIMS LIABILITY FOR ERRORS AND OMISSIONS IN THE SITE OR THE INFORMATION AND MATERIALS CONTAINED THEREIN.
You acknowledge that you are aware that by using this Site you may be subject to cyber-security and privacy exploitations, including, eavesdropping, sniffing, spoofing, hacking, breaking passwords, harassment, exposure to objectionable material, posturing, and/or other cyber-security or privacy hazards.
PAGAYA AND ITS OFFICERS, DIRECTORS, MEMBERS, PRINCIPALS, INVESTORS, AGENTS AND EMPLOYEES FURTHER ASSUME NO RESPONSIBILITY FOR, AND MAKE NO WARRANTIES THAT, INFORMATION, SERVICES OR FUNCTIONS CONTAINED AT THIS SITE WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVER THAT MAKES IT AVAILABLE WILL BE FREE OF VIRUSES, WORMS, “TROJAN HORSES” OR OTHER HARMFUL COMPONENTS. PAGAYA AND ITS OFFICERS, DIRECTORS, MEMBERS, PRINCIPALS, INVESTORS, AGENTS AND EMPLOYEES SHALL NOT BE LIABLE FOR ANY DAMAGES OF ANY TYPE OR KIND TO YOUR COMPUTER, VIRUSES THAT MAY INFECT YOUR COMPUTER, OR SERVICES REPAIRS OR CORRECTIONS THAT MUST BE PERFORMED ON YOUR COMPUTER OR OTHER PROPERTY ON ACCOUNT OF YOUR ACCESS OR USE OF THE SITE.
11. LIMITATION OF LIABILITY; INDEMNIFICATION
These limitations of liability will apply regardless of: (i) any negligence or gross negligence of Pagaya or any of its officers, directors, members, principals, investors, clients, agents or employees or (ii) whether the liability arises in negligence, gross negligence, strict liability, contract, tort (including negligence or gross negligence) or any other theory of legal liability; and will remain in effect even if any remedy fails of its essential purpose.
Your sole remedy for dissatisfaction with your use of the Site is to stop using the Site.
Both you and Pagaya acknowledge and agree that no partnership is formed and neither of you nor Pagaya has the power or the authority to obligate or bind the other.
Any notice to Pagaya shall be given in writing and sent by registered mail to Pagaya technologies, LTD, 121 Begin road, 54th Floor, Tel Aviv, IL, Attention: Gal Krubiner, CEO, or at such successor address as designated by Pagaya in its sole discretion from time to time.
If Pagaya fails to act with respect to your breach or anyone else’s breach on any occasion, Pagaya is not waiving its right to act with respect to future or similar breaches.
Last Updated December 16, 2019