Terms of Service

Certain Services are governed by additional terms, rules, disclosures or agreements (“Additional Terms”), including the L7 Select Program Rules (which include the Funding Requirements), the Refund & Chargeback Policy, the applicable Evaluation Specifications displayed at purchase or in your dashboard/trading interface, and, if a funded account is activated for you, the applicable Funded Trader Agreement and funded-offer terms. Each is incorporated by reference when applicable.

“Evaluation Specifications” means the account-specific commercial and operational parameters applicable to a particular Evaluation, which may include account size, purchase price, trading fees/costs, leverage and position limits, enabled instruments and markets, funding methodology, promotions, and other product settings displayed before purchase or in the applicable account interface. Evaluation Specifications may vary prospectively between products or rule versions.

If there is a conflict, the more specific Additional Terms control for their subject matter. Evaluation Specifications control account-specific variable commercial/operational parameters; the Program Rules control objective Evaluation mechanics, integrity review and Funding Requirements; and the Funded Trader Agreement controls an activated funded-account relationship.

You may use the Services only if you are at least 18 years old, have legal capacity to enter these Terms, and may lawfully use the Services from your location. The Services are not offered where their provision would violate applicable law, sanctions, provider restrictions, market-access rules or L7’s published Restricted Jurisdictions Schedule.

You represent and warrant that you are not a sanctioned or blocked person; are not acting for or on behalf of one; are not located, ordinarily resident or organized in a comprehensively sanctioned or otherwise restricted jurisdiction; and will not use VPNs, proxies, remote desktops, nominees or other arrangements to evade geographic, sanctions, KYC or provider restrictions.

Schedule R states L7’s sanctions/comprehensive-restrictions baseline. L7 may impose or update additional restrictions prospectively where required by law, sanctions, provider requirements, market access, regulatory developments or L7 risk policy. A market or country shown as available in a user interface does not override a legal or compliance restriction. L7 may require evidence of residence or location and may suspend access while eligibility is reviewed.

Some Services require an L7 account. You must provide true, current and complete information and promptly update material changes. Your account is personal to you unless L7 expressly approves otherwise in writing.

You may not sell, transfer, rent, share or permit another person to operate your account; purchase an evaluation for another person; allow another person to complete an evaluation for you; impersonate another person; or create or use accounts to evade restrictions, limits or prior enforcement action.

You are responsible for safeguarding credentials and devices used to access the Services and for activity submitted through your account until you notify L7 of suspected compromise. L7 may require multi-factor authentication, re-verification, device checks or other security measures.

L7’s evaluation-to-funding pipeline begins with a single simulated trading evaluation (the “Evaluation”) governed by the applicable Program Rules. If the Evaluation is Performance Complete and L7’s integrity review confirms a valid result, the trader receives a Verified Pass and may receive an L7 Select Trading Certificate. The trader then completes the applicable Funding Requirements before a funded account may be activated.

A Verified Pass or Trading Certificate confirms successful completion of the specified Evaluation according to L7’s records and rule version. Passing advances the trader toward funding, but a funded account is activated only after the applicable Funding Requirements are satisfied, L7 approves activation, and the trader accepts the applicable funded-account terms.

Before a funded account is activated, L7 may require KYC/compliance, questionnaires, one or more trading interviews, review of Evaluation history, qualitative risk and strategy assessment, provider/venue eligibility, funding-capacity checks and other reasonable requirements described in the Funding Requirements. L7 may approve activation, approve with conditions, defer activation or decline activation based on those requirements.

Evaluation balances are simulated. They are not cash, customer deposits, securities, digital assets or property owned by you; they cannot be withdrawn, transferred or pledged; and they are provided only to measure trading performance. An Evaluation may use live, delayed, modeled or near-live market data and simulated execution. Simulated execution may differ from live execution because of liquidity, spread, slippage, latency, venue rules, market impact, resolution mechanics and other factors.

Profits, gains, Qualification Progress or displayed balances generated during an Evaluation have no cash value and do not create a right to payment. Your Evaluation fee is consideration for access to the assessment service and, if earned, the resulting Trading Certificate. It is not an investment, margin deposit, trading stake, custody arrangement, loan to L7 or contribution to a trading pool.

In connection with the L7 evaluation-to-funding pipeline, L7 provides a simulated evaluation, certification process, post-pass Funding Requirements and, for traders whose funded accounts are activated, proprietary trading / performance-compensation arrangements governed by separate funded-account terms.

Orders, positions and balances in an Evaluation are simulated and do not constitute customer transactions in financial instruments. A funded relationship, if offered, is a contractual proprietary-trading relationship in which any externally executed transactions are for L7 or the applicable capital provider’s own account. The Trader has no ownership or beneficial interest in L7 proprietary positions or capital except for an approved contractual Performance Split.

These descriptions do not determine regulatory classification as a matter of law and do not replace any licence or registration that may be legally required. If L7 or an affiliate offers a separately regulated product, that product will be subject to separate terms and disclosures.

L7 may issue a certificate, badge, credential or similar recognition to a user who receives a Verified Pass. A certificate evidences only that the named user successfully completed the specified L7 Select Evaluation according to L7 records and the applicable rule version at that time.

An L7 certificate is personal and non-transferable. It is not a professional licence, regulatory authorization, securities/commodities/investment-adviser qualification, academic degree or endorsement to manage third-party money. It confirms Evaluation completion and qualification to continue toward a funded account, subject to the additional Funding Requirements and funded-account terms applicable at the time.

A later funding approval, conditional approval, deferral or decline does not by itself alter a valid Certificate. L7 may revoke or correct a Certificate obtained through error, fraud, material misrepresentation, prohibited trading, account misuse, technical exploitation or another matter that invalidates the underlying Evaluation result.

After a Verified Pass, a Certified Trader may continue toward a funded account by completing the applicable Funding Requirements. L7 may require identity and compliance verification, a trading questionnaire, one or more interviews, review of your Evaluation and account history, and assessment of your trading approach, risk management, repeatability, concentration, market/liquidity suitability, strategy scalability, automation, provider requirements, operational constraints, legal considerations, capital availability and other bona fide considerations relevant to L7’s proprietary trading and risk-management activities. These requirements are conditions to activating funding and are not a second Evaluation.

L7 may approve funded activation, approve it subject to account-specific conditions, defer activation or decline funding. Conditions may include a lower funded amount, reduced leverage, narrower markets, position/concentration limits, enhanced monitoring, staged activation or other controls. L7 is not required to publish proprietary scoring, models, thresholds, counterparty information or capital-allocation methodologies.

Funded trading or performance-account access is not enabled until L7 communicates approval, you accept the applicable Funded Trader Agreement and the designated funded-account contracting entity confirms activation. The Funded Offer and Funded Trader Agreement will identify the contracting entity and payout obligor, which may be L7 Holdings Group Inc., an affiliate, capital provider or another designated funded-account contracting entity. Funded capital, if any, remains the property of the applicable proprietary capital owner/provider. The exact execution architecture and account-specific controls are governed by the Funded Trader Agreement and funded account display.

Every Evaluation is subject to the Program Rules and account-specific terms accepted at purchase. The Rules define the objective Evaluation mechanics and the Funding Requirements that apply after a Verified Pass. Account-specific variable commercial and operational parameters are governed by the applicable Evaluation Specifications.

L7 may monitor orders, fills, positions, market selections, account relationships, device activity and strategy patterns to identify rule breaches, account sharing, manipulation, coordinated activity, exploitation of technical or pricing defects, artificial results or conduct inconsistent with a genuine evaluation. L7 may use automated monitoring and manual review.

A funding preference or capital-allocation decision will not retroactively convert an otherwise valid Evaluation into a failure. Evaluation invalidation must be based on the applicable Program Rules, a demonstrable technical/data issue, fraud, material misrepresentation or another matter affecting the validity of the Evaluation result.

Prices, available account configurations, Evaluation Specifications and promotions may change prospectively. The price and specifications presented for your purchase form part of your contract. Unless expressly stated otherwise, Evaluation fees are one-time access fees, not subscriptions. Variable parameters such as trading fees/costs, leverage, enabled instruments/markets, funding methodology and similar account settings may be stated in the Evaluation Specifications or trading interface rather than repeated in these master Terms.

For L7 Select Evaluation purchases, the merchant/seller is L7 Holdings Group Inc., 16192 Coastal Highway, Lewes, Delaware 19958, United States, unless a future checkout conspicuously identifies a different lawful merchant before payment. You authorize L7 and its payment providers to charge the payment method you select. You are responsible for taxes, duties or charges imposed on your purchase or payout except taxes imposed on L7’s net income.

Promotional codes, credits, referral benefits and similar offers may have separate eligibility, expiry, non-transferability and anti-abuse terms. L7 may cancel benefits obtained through fraud, duplicate accounts, self-referrals or circumvention.

You acknowledge that L7 earns Evaluation fees whether or not a trader passes, and a trader who fails or expires may choose to purchase another Evaluation. This may create an economic conflict of interest between L7 and Evaluation traders. L7 addresses this conflict by publishing objective Evaluation rules, versioning account terms, separating Evaluation integrity review from the later Funding Requirements/approval decision, and maintaining records of account outcomes.

If L7 operates a funded account using internal performance bookkeeping, external routing, or a hybrid approach, L7’s economic exposure may differ depending on the Trader’s performance and L7’s routing decisions. L7 or its providers may also receive venue rebates, spreads, incentives or other economics that are not included in the Trader’s Performance Split unless expressly stated. These arrangements may create conflicts of interest, which L7 manages through disclosed rules, separation of Evaluation validity from funded-activation decisions, risk controls and contractual payout calculations.

Where a non-waivable consumer withdrawal or cooling-off right applies, you retain that right except to the extent applicable law permits it to end after you expressly request immediate performance of the Evaluation service and acknowledge the resulting loss of the withdrawal right. L7 may require a separate unchecked acknowledgement at checkout before the first trade is enabled. Nothing in these Terms waives rights that applicable law does not permit you to waive.

Refunds are governed by the L7 Refund & Chargeback Policy and mandatory consumer law. In general, once an Evaluation is provisioned or accessed, the fee is non-refundable except for a documented duplicate/unauthorized charge, material non-delivery, an expressly stated KYC, technical, capacity or other exception, a discretionary customer-service remedy, or where law requires otherwise.

Failing or expiring an Evaluation, breaching a rule, failing to reach a profit target, or a bona fide decision not to approve funded activation based on qualitative risk/suitability considerations does not automatically create a refund right because the Evaluation and, if applicable, Certificate service has been delivered.

L7 may nevertheless issue a full or partial refund, credit, replacement Evaluation, waitlist option or other remedy in its discretion where it declines or cannot complete funded onboarding for KYC, legal, provider, market, capital-capacity, operational, technical or customer-service reasons. A refund does not, by itself, invalidate a Verified Pass or Certificate and does not constitute an admission that funded access or compensation was owed.

If you believe a charge is incorrect, contact L7 first at the support channel designated in the Services so the issue can be investigated. Nothing in this section limits a non-waivable legal right to dispute an unauthorized or unlawful charge.

Initiating a knowingly false or materially misleading chargeback after receiving and using the Services is prohibited. L7 may contest a payment dispute using records of acceptance, account access, trading activity, device/login data, support communications, evaluation status, funded-account activity and payouts.

While a payment dispute is pending, L7 may suspend affected accounts, evaluations, certificates, funded trading and pending payouts to preserve the status quo and investigate the matter. If a dispute is determined to be fraudulent or abusive, L7 may terminate accounts and seek recovery of the disputed amount, chargeback fees and reasonable costs to the extent permitted by law.

L7 may require identity verification, proof of residence, sanctions/PEP screening, anti-fraud review, tax information, wallet ownership information, source-of-funds information or other reasonable compliance information before or during use of the Services, and particularly before funded activation or payout.

You must provide accurate information and cooperate with reasonable verification requests. L7 may use third-party providers to perform verification, fraud, sanctions, blockchain or security checks. L7 may refuse, suspend or terminate access where verification cannot be completed, information is inconsistent, or continuing service would create legal, regulatory, fraud, security or provider risk.

As part of the Funding Requirements, L7 may collect questionnaires, interview responses, explanations of Evaluation trades and other information reasonably related to assessing whether funded access should be activated and on what terms. Materially false or misleading information may result in funding being declined and, if it calls the validity of the Evaluation into question, may result in cancellation of a Verified Pass or Certificate.

The Services may rely on Hyperliquid, prediction markets, exchanges, brokers, market makers, data vendors, charting providers, payment processors, identity providers, blockchain infrastructure, cloud providers and other third parties. Their systems may be delayed, interrupted, suspended, inaccurate, disputed or unavailable.

L7 does not guarantee uninterrupted access, exact replication between simulated and live execution, execution at a displayed price, availability of any instrument, settlement or resolution by a particular time, or continuation of a third-party integration. L7 may add, remove, suspend, restrict or replace providers and markets where reasonably necessary for operations, law, compliance, market integrity or risk management.

Prediction-market outcomes are governed by the official resolution source and rules designated for the approved market. Subject to correction of manifest technical/data error, L7 follows the final outcome published through that approved resolution source and does not independently re-adjudicate the underlying real-world event. A prediction market can be cancelled, voided, disputed or delayed under its own rules, and L7 may apply the corresponding provider outcome or account handling disclosed in the Program Rules.

L7 and its licensors own all right, title and interest in the Services and associated software, interfaces, content, evaluation methodology, trademarks, logos, data compilations and other intellectual property. Subject to these Terms, L7 grants you a limited, personal, revocable, non-exclusive, non-transferable and non-sublicensable licence to use the Services for their intended purpose.

No licence is granted to reverse engineer, scrape, reproduce, distribute, create derivative works from, resell or exploit the Services or L7 marks except to the extent a restriction cannot lawfully be enforced.

If you voluntarily submit suggestions or feedback about the Services, you grant L7 a worldwide, perpetual, irrevocable, royalty-free right to use that feedback without obligation to compensate you, provided this does not transfer ownership of personal information handled under the Privacy Policy.

You consent to receive transactional and legal communications electronically, including through email, account messages and in-app notices. Marketing communications remain subject to applicable opt-out rights.

L7 does not provide personalized investment, legal or tax advice through the Services. Market data, educational material, examples, rankings, certificates and platform communications are for operational or informational purposes and are not a recommendation to buy, sell or hold any asset.

Unless separate funded-account terms expressly provide otherwise, users do not deposit investment capital with L7 through the Evaluation. Evaluation fees do not become customer trading capital. Any funded-account relationship is governed by the applicable Funded Trader Agreement.

Trading financial instruments and digital assets is risky and may involve rapid price movements, illiquidity, market closures, exchange failures, counterparty events, network congestion, forks, oracle failures, corporate actions and regulatory changes. Simulated results are hypothetical and do not predict live performance.

Although the Evaluation may limit your direct exposure to ordinary trading losses to the evaluation fee, that statement does not protect you from amounts you owe because of fraud, unauthorized conduct, chargebacks, taxes, indemnity obligations or other liabilities not arising from ordinary authorized trading losses.

L7 may suspend, restrict, close or terminate an Evaluation, position or access to the Services where L7 determines in good faith that action is necessary to enforce risk limits, investigate prohibited conduct, protect systems, comply with law or provider requirements, address security or market-integrity concerns, or respond to a material breach.

After a Verified Pass, L7 may approve, conditionally approve, defer or decline activation of a funded account under the Funding Requirements in the Program Rules. A funding decline does not, without an independent Evaluation-integrity basis, convert a Verified Pass into a failure or invalidate a Certificate.

L7 may discontinue a product or Service prospectively. Termination or discontinuation does not create a refund right except under the Refund & Chargeback Policy or mandatory law. Provisions that by their nature should survive - including IP, confidentiality, payment, tax, disclaimers, liability, indemnity and dispute provisions - survive termination.

L7 will not be liable for delay, interruption, failure to perform or inability to maintain a market or account to the extent caused by events outside L7’s reasonable control, including exchange or venue outages, blockchain or network failures, oracle/data-provider failures, prediction-market resolution delays or disputes, cyberattacks, denial-of-service events, war, terrorism, civil disorder, natural disasters, epidemics, utility or telecommunications failure, banking/payment disruption, sanctions, government action, emergency law, liquidity-provider withdrawal or other comparable events.

During such an event, L7 may pause trading, suspend or remove a market, reject or cancel orders, apply a conservative reference mark, extend an Evaluation, restore an account, close positions where practicable, delay a payout, or provide a replacement/refund/credit where appropriate. L7 will act in good faith and will not use force majeure to retroactively manufacture an unrelated rule breach.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE.” L7 DISCLAIMS EXPRESS, IMPLIED AND STATUTORY WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, SECURITY, AVAILABILITY AND ANY WARRANTY ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.

L7 DOES NOT WARRANT THAT YOU WILL PASS AN EVALUATION, RECEIVE OR RETAIN A FUNDED ACCOUNT, GENERATE PROFITS, RECEIVE ANY PARTICULAR PAYOUT, OR HAVE CONTINUOUS ACCESS TO ANY MARKET, ASSET, DATA FEED OR THIRD-PARTY SERVICE.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, L7 AND ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS AND SERVICE PROVIDERS WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES; LOSS OF OPPORTUNITY, EXPECTED PROFIT, GOODWILL OR DATA; OR DAMAGES ARISING FROM MARKET MOVEMENTS, THIRD-PARTY OUTAGES, SIMULATED/LIVE EXECUTION DIFFERENCES, BLOCKCHAIN FAILURES OR UNAUTHORIZED ACCESS NOT CAUSED BY L7'S LEGALLY ACTIONABLE MISCONDUCT.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, L7'S AGGREGATE LIABILITY ARISING FROM OR RELATING TO AN EVALUATION OR THE SERVICES WILL NOT EXCEED THE GREATER OF (A) THE FEES YOU PAID TO L7 FOR THE SPECIFIC SERVICE GIVING RISE TO THE CLAIM DURING THE TWELVE MONTHS BEFORE THE EVENT GIVING RISE TO LIABILITY OR (B) US$100. This cap does not limit an approved funded-trader payout that is contractually due under the Funded Trader Agreement.

Nothing in these Terms excludes liability that cannot lawfully be excluded, including liability to the extent arising from fraud or other non-waivable legal obligations.

To the extent permitted by law, you will indemnify, defend and hold harmless L7 and its affiliates, directors, officers, employees and agents from third-party claims, losses, liabilities and reasonable costs (including reasonable legal fees) arising from your material breach of these Terms or Additional Terms, unlawful or fraudulent conduct, misuse of the Services, infringement of third-party rights, unauthorized account sharing/trading, or material misrepresentation.

L7 may control the defense of a covered claim at its expense, and you will reasonably cooperate. You may not settle a covered claim in a manner that imposes liability or admission on an L7 party without L7's written consent.

L7 may update these Terms prospectively. Material changes will be notified through the Services, email or another reasonable method where required. If law requires renewed consent, L7 will request it. Continued use after an effective update constitutes acceptance only to the extent permitted by law.

Urgent changes to risk limits, market availability or security controls may take effect immediately where reasonably necessary to protect capital, comply with law, respond to provider changes or address security/market-integrity risk. Account-specific economic terms already purchased will otherwise be governed by the terms presented at purchase.

These Terms and any Dispute are governed by the laws of the State of Delaware, without regard to conflict-of-laws rules, except to the extent mandatory law of your jurisdiction applies and cannot be waived.

Before commencing arbitration or a court proceeding (other than qualifying small-claims or urgent injunctive relief), the party asserting a dispute must send a written notice describing the claim, material facts and requested relief. Notices to L7 must be sent to legal@l7.exchange. The parties will attempt in good faith to resolve the dispute for 60 days after receipt.

PLEASE READ THIS SECTION CAREFULLY. EXCEPT FOR THE LIMITED CARVE-OUTS BELOW, YOU AND L7 AGREE THAT ANY DISPUTE ARISING OUT OF OR RELATING TO THE SERVICES, THESE TERMS OR ANY ADDITIONAL TERMS WILL BE RESOLVED BY FINAL AND BINDING ARBITRATION ON AN INDIVIDUAL BASIS.

For U.S. users, the Federal Arbitration Act governs this arbitration agreement. Arbitration will be administered by the American Arbitration Association (AAA) under the AAA Consumer Arbitration Rules where they apply, or the applicable AAA rules for a non-consumer dispute, together with any applicable AAA Mass Arbitration Supplementary Rules. If AAA is unavailable or refuses administration after L7 has taken commercially reasonable steps to satisfy applicable consumer-clause requirements, the parties may agree on JAMS or a court may appoint an administrator as permitted by law.

Except for a court’s authority to determine whether the class-action waiver, public-injunctive-relief carve-out, or this delegation sentence itself is enforceable, the arbitrator has exclusive authority to resolve disputes concerning the formation, scope, interpretation, applicability or enforceability of this arbitration agreement and any threshold question of arbitrability.

The arbitration will be conducted by one arbitrator. Hearings may be remote unless the arbitrator determines an in-person hearing is necessary. If an in-person hearing is required and applicable law permits the parties to choose, it will occur in Delaware or another mutually agreed location. In a consumer case, the consumer will not be required to pay more than the consumer filing fee allocated under the applicable AAA rules, and L7 will pay the remaining administrative and arbitrator fees to the extent required by those rules or mandatory law. Fee-shifting or cost awards remain available only to the extent authorized by applicable law and the governing rules.

The arbitrator may award relief available to an individual claimant under applicable law but may not award relief for persons who are not parties to the arbitration. Judgment on the award may be entered in a court of competent jurisdiction.

If twenty-five (25) or more substantially similar arbitration demands are asserted against L7 within a 180-day period by or with coordinated counsel or organizations, the parties agree that the AAA Mass Arbitration Supplementary Rules apply where available. To promote efficient resolution, the parties will confer in good faith regarding administrative sequencing, global mediation, representative issue resolution and reasonable batching consistent with those Rules and mandatory law.

Unless AAA directs otherwise, the parties agree to an initial bellwether batch of up to twenty-five (25) individual cases selected in roughly equal numbers by each side, followed by a good-faith mediation before additional substantially similar cases proceed. Remaining demands may be held in administrative abeyance to the extent permitted by AAA and applicable law and then proceed in batches of up to fifty (50), subject to AAA’s authority to modify sequencing. This provision does not convert individual claims into a class action or eliminate any claimant’s individual substantive rights.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AND L7 AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN AN INDIVIDUAL CAPACITY, NOT AS A PLAINTIFF OR CLASS MEMBER IN A PURPORTED CLASS, COLLECTIVE, CONSOLIDATED OR REPRESENTATIVE ACTION. The arbitrator may not consolidate claims of different users without all parties' consent.

If a court of competent jurisdiction finally determines that a particular claim or request for public injunctive relief cannot lawfully be subjected to this waiver or individual arbitration, that claim or request will proceed in court after arbitration of arbitrable individual claims to the extent permitted by law.

Either party may bring an individual claim in a court of competent jurisdiction that qualifies as small claims. L7 may seek temporary, preliminary or permanent injunctive or equitable relief in court to protect intellectual property, confidential information, security systems, account credentials or against fraud/unauthorized access. Nothing in these Terms requires arbitration of a dispute that applicable federal law expressly permits a claimant to elect not to arbitrate.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, A CLAIM ARISING OUT OF OR RELATING TO THE SERVICES OR THESE TERMS MUST BE ASSERTED BY WRITTEN DISPUTE NOTICE WITHIN ONE (1) YEAR AFTER THE CLAIM ACCRUES, OR IT IS BARRED. This contractual period does not apply where applicable law prohibits shortening the statutory limitation period.

For matters not required to be arbitrated, and where mandatory consumer law does not require another forum, you and L7 consent to the exclusive jurisdiction of the state and federal courts located in Delaware and waive objections based on inconvenient forum.

If California Civil Code Section 1789.3 applies, California users may contact the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs regarding unresolved consumer complaints. Nothing in these Terms limits non-waivable California consumer rights.

These Terms and incorporated Additional Terms constitute the agreement concerning their subject matter and supersede prior inconsistent website terms. If a provision is invalid or unenforceable, it will be enforced to the maximum lawful extent and the remaining provisions remain effective. Failure to enforce a provision is not a waiver.

You may not assign these Terms without L7's written consent. L7 may assign them to an affiliate or successor in connection with a reorganization, financing, merger, acquisition or transfer of the relevant business, subject to applicable law. No third party is a beneficiary except L7 affiliates and indemnified parties where expressly stated.