This document provides definitions of key terms used across Hazelbit SRL's legal documents (Policies, Terms, Agreements) and sets out rules of interpretation. It ensures clarity and consistency throughout our legal framework.
The digital profile created by the User to access Hazelbit Services.
All digital and blockchain-based offerings provided by Hazelbit.
Hazelbit's ongoing initiative for tree planting, certification, and tokenization.
Any natural or legal person who registers an Account and accepts Hazelbit Terms.
A digital document symbolizing sponsorship of a hazelnut tree and its indicative ESG impact.
Entitlement to a share (40%) of the annual yield of the represented tree, subject to agricultural variability.
Hazelbit utility token, used for accessing services and purchasing NFTs.
Hazelbit NFT symbolizing a hazelnut tree and its associated rights (Harvest Benefit).
Non-fungible token on blockchain, symbolizing a unique digital asset.
A wallet provided and managed by Hazelbit for holding $HZBT and $HZTR.
$HZBT tokens allocated as rewards for specific activities.
A natural person acting outside their trade, business, or profession (Directive 2011/83/EU).
A legal entity acquiring Hazelbit Certificates/NFTs for CSR or ESG purposes.
Know-Your-Customer and Anti-Money-Laundering procedures under EU and Romanian law.
Headings are for reference only and do not affect interpretation.
Words in the singular include the plural and vice versa.
References to one gender include all genders.
References to EU regulations, Romanian legislation, or other laws include amendments and successors.
In case of conflict:
1. Specific agreements (B2B Contracts) prevail over Policies
2. Policies prevail over general Guidelines
3. The English version prevails over translations
• Account
• Services
• User
• Programme
• ESG Certificate
• Harvest Benefit
• Corporate Client
• $HZBT Token
• $HZTR NFT
• Hosted Wallet
• NFT
• Consumer
• KYC/AML
• Document Priority
• Singular/Plural
• All Genders
• English Priority
• Headings Guide
• Law Updates
• Amendment Include
Hazelbit SRL – Legal Department
Str. Fântânilor 43, Bl. B14, Ap. B39, Iași, Romania
Email:info@hazelbit.ro