Effective Date: 27.7.2021
Welcome to LK Borrowed!
The following Referral Program Policy (“Policy”) between you and LK Borrowed (“we,” “our,” or “us”) describes the terms and conditions on which you may participate in our Referral Program. By accessing or using any of the Services or participating in our Referral Program, you acknowledge that you have read, understood and agreed to be bound by this Policy. Capitalized terms not defined herein shall have the meaning assigned to them in our Terms of Service. The provisions of this Policy shall, to the extent possible, be interpreted so as to supplement the Terms of Service and to avoid any conflict between them. In the event of a conflict between this Policy and the Terms of Service, the provision that is more protective of LK Borrowed shall control.
LK Borrowed MAY, AT ANY TIME, TERMINATE, ALTER OR MODIFY THE REFERRAL PROGRAM AND/OR THIS POLICY STATEMENT WITHOUT ANY FURTHER OBLIGATIONS. WE WILL PROVIDE WRITTEN NOTICE(S) VIA EMAIL OR A NOTICE WILL BE POSTED ON LKBorrowed.com SHOULD WE TERMINATE, ALTER OR MODIFY THE LKBorrowed REFERRAL PROGRAM AND/OR THESE TERMS AND CONDITIONS, AS THEY ARE MODIFIED BY LK Borrowed IN ITS SOLE AND ABSOLUTE DISCRETION.
1. LK Borrowed REFERRAL PROGRAM
A. General Conditions
In all matters relating to the administration of the Referral Program, the decisions of LK Borrowed shall be final. As mentioned above, LK Borrowed reserves the right, at its sole discretion and without prior notice, to suspend, change or terminate the program, in whole or in part; to modify, limit or suspend the use of or referral discounts in any respect; to modify or change redemption procedures, including the savings required for particular reward. In addition, LK Borrowed reserves the right to cancel your Credits (defined below) and/or your Referral Program participation, if in LK Borrowed’s sole discretion, you violate any of these terms and conditions or any applicable law, or if you earn the Referral via deception, forgery, fraud, or commit any other abuse of the Referral Program. LK Borrowed may make these changes even though the changes may affect the value of discounts already accumulated at any time. The current details and structure of the Referral Program can be found in our Frequently Asked Questions section.
The LK Borrowed Referral Program is open to all Referrals (as defined below) who reside in the United Kingdom, are at least eighteen (18) years or older at the time of participation, and have not previously been a LK Borrowed Member. By joining and participating in the LK Borrowed Referral Program, you represent that you agree to these terms and conditions. Please note: if you cancel your Membership, you are no longer eligible to participate in the Referral Program.
C. How to Participate in the Referral Program
To participate in the Referral Program as a referrer, you (“you” or “your” or “Referrer”) go to LKBorrowed.com and, using the format(s) provided, invite your friends, family, and colleagues (your “Referrals”) through sharing your personal referral link to join and subscribe to a LK Borrowed Membership at LKBorrowed.com (each, an “Invitation”). Where you choose to send a LKBorrowed an Invitation, you represent that you know the Referral to whom you are sending the Invitation and that, you have the explicit, informed consent from the Referral to send such Invitation. Only Referrals who have not previously held LK Borrowed Memberships as determined by LK Borrowed in its sole discretion qualify to use the discount code (the “Discount”) provided in your Invitation. The Invitation will identify you as the person who referred such Referral to LK Borrowed, and will include a discount on the Referrals’ Membership (as provided in our Sales and Rental Agreement). LK Borrowed reserves the right, and may employ other techniques, to confirm that your Referral has not previously been a LK Borrowed member.
D. Expiration Periods
The Invitation and Discount will expire one (1) year after the date the Invitation is sent. Invitations communicated on social media may remain up on social media, however, the Discount may expire and/or change at any time in LK Borrowed’s sole discretion. In order for Referrals to redeem the Discount, Referrals must click the link sent to such Referral from his/her Referrer and make a purchase at LKBorrowed.com, and the discount will be automatically applied at checkout. Once a Referral joins LK Borrowed and remains a member for thirty (30) days at LKBorrowed.com, the Referrer will be notified that he/she joined. Provided the Referral does not cancel within thirty (30) days of purchase, the Referrer will receive a Subscription Credit (the “Credit”) at LKBorrowed.com that is applied to your Membership Fee. The Discount and Invitation provided to your Referral may expire and/or change at any time in LK Borrowed’s sole discretion.
E. LK Borrowed Credit and Other Incentives Terms
Credits are not transferable and may not be assigned, auctioned, traded, bartered or sold. LK Borrowed reserves the right to revoke and/or modify Credits if it determines, in its sole discretion, that you have engaged in fraudulent referring activity (e.g. using spam to obtain referrals, or acquiring referrals through unsolicited email to persons unknown to you). You cannot earn a Credit for referring yourself. Credit will not be earned for a friend who was previously a member of LK Borrowed under any email address or alias. LK Borrowed reserves the right to limit the maximum number of Credits that may be applied to your account. LK Borrowed may, from time to time, offer customers complimentary bonuses, gifts, or partner promotions. Any such promotions are at the sole discretion of LK Borrowed, and, together with any other programs or promotions, are not guaranteed under this Policy. Credit(s) received by Referrals may not be redeemed on the following: purchases of Gift Membership or purchase of Products. Other exclusions may apply. Credits and Discounts have no cash value and are non-transferable. Lost, stolen or destroyed Credits and Discounts will not be replaced. LK Borrowed is not responsible for communication errors, including distribution of Credits and/or Discounts, due to a change of email address or other changes in contact information. Other restrictions or exclusions may apply.