Good as Gold Prepaid Services Terms of Service Agreement

Payment Policies

Payment Policies

New Global Ventures
Good as Gold Prepaid Services Terms of Service Agreement

1.  OVERVIEW

This Good As Gold Prepaid Services Terms of Service Agreement (this “Agreement”) is entered into by and between NewGlobalVentures LLC, a/an Texas corporation ("New Global Ventures") and you, and is made effective as of the date of electronic acceptance.  This Agreement sets forth the terms and conditions of your use of New Global Ventures’s Good As Gold Prepaid Services (the "Good As Gold Services” or the “Services”).

Your electronic acceptance of this Agreement signifies that you have read, understand, acknowledge and agree to be bound by this Agreement, along with New Global Ventures’s Universal Terms of Service Agreement, which is incorporated herein by reference.

The terms “we,” “us” or “our” shall refer to New Global Ventures.  The terms “you,” “your” or “User” shall refer to any individual or entity who accepts this Agreement.  Nothing in this Agreement shall be deemed to confer any third-party rights or benefits.

New Global Ventures, in its sole and absolute discretion, may change or modify this Agreement and the Universal Terms of Service Agreement, which is incorporated herein, at any time, and such changes or modifications shall be effective immediately upon the earlier of (i) our email notification to you advising you of such changes or modifications or (ii) your electronic acceptance of this Agreement after such changes or modifications have been made to this Agreement.

2. service details

With the Good As Gold Services, you can transfer funds to New Global Ventures in advance and use the balance of your Good As Gold account ("Good As Gold Account") as you please.  You can use your Good As Gold Account to purchase any of the services of New Global Ventures, including domain names and related services, hosting, email, software, or applications.

You acknowledge funds transferred to your Good As Gold Account will be held in an account by New Global Ventures, which will not accrue or pay interest for your benefit.  To the extent interest, if any, may accrue, you understand and agree New Global Ventures shall be entitled to receive and keep any such amounts to cover costs associated with the Good As Gold Services.

You acknowledge all transactions using the Good As Gold Services will be conducted in U.S. Dollars and that it is your responsibility to arrange for foreign currency translations prior to funding your Good As Gold Account.  Wire transfers received by New Global Ventures in foreign currencies will be returned, and you will be responsible for the cost of returning such funds.  Your Good As Gold Account must be funded on an initial basis with no less than one hundred dollars ($100.00) paid in U.S. funds.  You agree you will be responsible for all wire transfer fees, both incoming and outgoing, associated with your Good As Gold Account.  Any non-U.S. wire transfers may be subject to fees by either your bank, intermediary banks or New Global Ventures's bank, which may reduce the amount of the money received by New Global Ventures's bank and subsequently funded into your Good As Gold Account.  Customers funding a Good As Gold Account who wire one thousand dollars ($1,000.00) or more shall not be subject to a twenty dollar ($20.00) wire transfer processing fee from New Global Ventures.  You hereby expressly give New Global Ventures permission to reduce your Good As Gold Account by the amount of wire transfer fees New Global Ventures incurs in order to receive your funds.  All fees are subject to change and will be updated online in this Agreement.

Good As Gold Accounts will receive a two percent (2%) discount on purchases (the "Cash Discount").  The Cash Discount will be reflected in your Good As Gold Account balance.  Thus, purchases will reduce the balance of your Good As Gold Account by ninety-eight percent (98%) of the total purchase price of each transaction.  For example, if your Good As Gold Account is funded with an initial amount of one hundred dollars ($100.00), and you make a ten dollar ($10.00) purchase, your Good As Gold Account will be reduced by only nine dollars and eighty cents ($9.80).  New Global Ventures reserves the right to discontinue or change the Cash Discount at any time, without notice.

As consideration for the Good As Gold Services purchased by you and provided to you by New Global Ventures, you agree to pay New Global Ventures in advance for the service to be provided.  Payment is to be made by you providing either a valid wire transfer to the account of Domain Services, a money order, or personal check.  All money orders will be delayed ten (10) days until the money is credited, which may delay your usage of the product or service; and any money order that does not clear will result in a twenty-five dollar ($25.00) processing fee.  Personal checks may be used only for payments of one hundred dollars ($100.00) or more, and must be issued in U.S. dollars for the full amount required at that time.  Personal checks under one thousand dollars ($1,000.00) are subject to the same processing fees as wire transfers.  All personal checks will be delayed fourteen (14) days until the money is credited, which may delay your usage of the product or service; and any check that bounces will result in a twenty-five dollar ($25.00) bounced check fee.  You can verify the remaining funds in your Good As Gold Account at any time by logging in to Manage Your Account or through the shopping cart on the New Global Ventures web site.  Should you decide to terminate your Good As Gold Account and seek a refund of your Good As Gold Services, your refund will be made by check net of any discounts, including, but not limited to, reduced or waived wire transfer fees and/or the Cash Discount.

When you fund your Good As Gold Account, you must clearly indicate the New Global Ventures Account number you would like the wire transfer, money order or personal check applied to in your transmittal of the wire transfer, money order or personal check (as the case may be).  Your failure to clearly indicate such information may result in (i) the non-application of funds, (ii) the misapplication of funds, and/or (iii) delays in your ability to purchase New Global Ventures products and services through your Good As Gold Account, and New Global Ventures expressly disclaims any liability or responsibility for the same. 

3. term of agreement; modification

The term of this Agreement shall continue in full force and effect as long as you have any Good As Gold Accounts with New Global Ventures.  In the event you terminate your Good As Gold Account, any remaining funds in your Good As Gold Account will be refunded as set forth in Section 2 above.

You agree New Global Ventures may modify this Agreement from time to time.  New Global Ventures also may discontinue the Services it provides under this Agreement.  You agree to be bound by any changes New Global Ventures reasonably may make to this Agreement when such changes are made.

4. your use of GOOD AS GOLD services

Use of funds in your Good As Gold Account can only be made through the New Global Ventures purchase process at New Global Ventures's web site.  Purchases may not be made unless there are sufficient, available funds in your Good As Gold Account at the time of purchase to cover the entire purchase amount, including any related fees as set forth herein.

Additional funds may be added to your Good As Gold Account at any time.  The minimum increment for funds transfers is one hundred dollars ($100.00).  For security purposes, you should keep your Good As Gold Account access information in a secure location and take precautions to prevent others from gaining access to your User name and password.  You agree you will be responsible for all activity in your Good As Gold Account, whether initiated by you, by others on your behalf, or by any other means.  New Global Ventures specifically disclaims liability for any activity in your Good As Gold Account, whether authorized by you or not.

You will be able to access your Good As Gold Account activity and records from the Manage Your Account link on New Global Ventures's web site.  Your Good As Gold Account will show purchases and the amount of funds remaining in your Good As Gold Account.  New Global Ventures reserves the right at all times to disclose any information about your Good As Gold Account as New Global Ventures deems necessary to satisfy any applicable law, regulation, legal process, or governmental request; or to edit, refuse to post, or to remove any information or materials, in whole or in part from your Good As Gold Account, in the sole discretion of New Global Ventures.

New Global Ventures explicitly reserves the right to terminate your Good As Gold Account if it comes to the attention of New Global Ventures that you are using your Good As Gold Account for objectionable activities.  Objectionable activities include, but are not limited to:

*       activities designed to defame, embarrass, harm, abuse, threaten, slander, or harass third parties;

*       activities prohibited by the laws of the United States and/or foreign territories in which you conduct business;

*       activities designed to encourage unlawful behavior by others, such as hate crimes, terrorism, and child pornography;

*       activities that are tortious, vulgar, obscene, invasive of the privacy of a third party, racially, ethnically, or otherwise objectionable;

*       activities designed to impersonate the identity of a third party; and

*       activities designed to harm minors in any way.

5. titles and headings; independent covenants; severability

The titles and headings of this Agreement are for convenience and ease of reference only and shall not be utilized in any way to construe or interpret the agreement of the parties as otherwise set forth herein.  Each covenant and agreement in this Agreement shall be construed for all purposes to be a separate and independent covenant or agreement.  If a court of competent jurisdiction holds any provision (or portion of a provision) of this Agreement to be illegal, invalid, or otherwise unenforceable, the remaining provisions (or portions of provisions) of this Agreement shall not be affected thereby and shall be found to be valid and enforceable to the fullest extent permitted by law.

6. DEFINITIONS; CONFLICTS

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Universal Terms of Service Agreement.  In the event there is a conflict between the provisions of this Agreement and the provisions of the Universal Terms of Service Agreement, the provisions of this Agreement shall control.


Revised: 05/13/2013
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