Spacehive is an online crowd-funding platform for civic projects. Spacehive allows people ("Project Creators") to post projects on our website to raise the funds to fund them.
"Applicable Law" in relation to any person, action or thing means the following in relation to that person, action or thing:
"Bribery Legislation" means the UK Bribery Act 2010 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department and any analogous legislation in any jurisdiction.
"Content" means all content at or of the Site including, without limitation, any User Submissions, all things that you may see, read, hear, use, download or access on or via the Site (including but not limited to messages, written forum comments, interactive features generated, files, data, software, images, photographs, illustrations, text and other materials).
"Funds Raised" means for the purposes of delivering a Project in accordance with Clause 12 of this Agreement, the total sum of donations received from Backers and paid to the relevant PO, together with the total sum paid or committed by Fund Owners, when a Project hits its Target Amount on the Site pursuant to Clause 14.
"Backers" means any person or organisation that has made either an Online Pledge or an Offline Pledge to a Project in accordance with Clause 14 of this Agreement. For clarity, Backers do not include Fund Owners.
"Pledge", "Fund Owner" and "Pledge Contract" are defined in clause 13.
"Movement" means a branded microsite/ series of campaign pages which a Movement Owner will edit, maintain and may link to certain Projects on the Site.
"Intellectual Property Rights" means all patents, copyrights, database rights, design rights and trade marks, right of publicity or other right (in any case whether registered or not) and all applications or rights to apply for any of the foregoing and all rights of confidence and Know-How however arising for their full term and any renewals and extensions.
"Know-How" means information, data, know-how or experience whether patentable or not and including but not limited to any technical and commercial information relating to research, design and development, manufacture, use or sale.
"Net Total Donations" means the total of payments actually made by the Payment Platforms (including fees payable to Spacehive) in respect of a Project.
"Offline Pledge" is defined in Clause 16.1.
"Online Pledge" is defined in Clause 16.1.
"Payment Platform" means Stripe.
"PO" means the Project Owner appointed as a contractor for a Project pursuant to Clause 10.2 who is an individual or organisation who has experience and expertise in the implementation and delivery of projects of the kind that may be promoted and funded through the Site and who acts in accordance with Clause 11 of this Agreement.
"PO Services" means, in relation to a Project, the performance by a PO of its obligations under Clause 11 of this Agreement.
"Prohibited Act" means: (a) committing any offence: (i) under relevant Bribery Legislation; or (ii) under common law or any legislation creating offences in respect of fraudulent acts; or (b) defrauding or attempting to defraud or conspiring to defraud Spacehive.
"Project" means the civic project posted by a Project Creator on the Site relating to the design, construction, development, installation and/or refurbishment of a building, item of equipment and/or area of land or to the funding of a service which is or is intended to be used by or for the benefit or enjoyment of the public.
"Project Plan and Budget" means the plan posted by a Project Creator describing the Project and how it is to be delivered, including the total estimated and maximum cost of executing and completing the Project or such other plan as may be approved by Spacehive or the Project Verifier in writing from time to time.
"Project Verifier" means the Project Verifier appointed for the Project pursuant to Clause 10.1.
"Target Amount" means the amount of funds required for the Project to proceed and set by the Project Creator when posting the Project.
"Target Date" means the date by which the Target Amount must have been met for the Project to proceed and set by the Project Creator when posting the Project.
"Works" means those works, including where appropriate any design and/or the selection of materials and goods described in the Project Plan and Budget and to be executed by the PO and its contractors.