OzViz Holdings Group (OHG) – Carbon Token Disclaimer
By purchasing carbon tokens (the “Tokens”) from OzViz Holdings Group or any of its affiliated websites, you (the “Purchaser” or “you”) expressly acknowledge, understand, and agree to the following terms and conditions:
1. Purpose and Non-Investment Status
Tokens purchased through OHG are intended solely to help individuals and organizations minimize or offset their carbon footprint and meet their voluntary environmental and green objectives. OHG is not an investment firm, financial advisor, or broker. The Tokens do not constitute a financial product, security, investment, or store of value, and they carry no expectation of financial return, profit, or appreciation. Any funds paid or transfered to OGH is for the service of locking carbon, not the carbon or equivalent itself.
2. Finality of Sales and No Refunds
All purchases of Tokens are final. Once a transaction is processed, the equivalent carbon credits or offsets are locked or retired in the system. Because this process is permanent and irreversible, OHG cannot physically or legally issue refunds, exchanges, or cancellations once a sale has been processed. Furthermore, Tokens cannot be resold, traded, or transferred by the Purchaser after purchase.
3. Allocation, Discretion, and Custodianship
By purchasing the Tokens, you appoint OHG as the sole custodian of the underlying assets or carbon stakes. You grant OHG the absolute authority to make all controlling decisions regarding these stakes. This includes, but is not limited to, the right to actively select and allocate equivalent CO_2 tokens or credits to lock up carbon, with the primary objective of maximizing the total volume of carbon locked based on current market availability and efficacy.
4. Green Loans and Commercial Confidentiality
OHG reserves the right to utilize project funds or underlying assets to actively provide green loans or financing to initiatives deemed by OHG to be highly impactful for environmental sustainability. To protect proprietary strategies, partnerships, and market advantages, OHG reserves the absolute right to keep the specific details, terms, and recipients of these green loans strictly confidential where commercially required.
5. Governance and Wind-Up Provisions
In the event of a corporate vote, restructuring, or legal decision to wind up the operations of OHG or the specific Token initiative, OHG reserves the sole right and discretion to handle remaining tokens and assets in one of two ways:
- Permanent Burning: Permanently retiring or burning the tokens to ensure the carbon remains locked.
- Transfer of Legacy: Donating or transferring the tokens, assets, or management responsibilities to another entity deemed by OHG to be carrying on our mission, environmental objectives, or legacy.