terms and conditions for potential investors

Last updated on 5th December, 2021

We reserve the right, at our sole discretion, to change or modify portions of this Policy at any time and without notice. When we do this, we will post the revised Policy on this page and will indicate the date of such revision.

.As a prospective Investor, your use of the services provided by Vendly Inc. after the date of any such changes constitutes your acceptance of the new Policy. To the extent allowed by law, the English version of these Policy is binding, and other translations are for convenience only. If you do not wish to accept the new Policy, you may discontinue your use of our services. This Policy is subject to our Terms and Conditions ("Terms") and Privacy Policy as contained in (LINK) and (LINK) respectively.

Use the platform

In order to use the Online Platform, you must:

  1. Accept and agree to these Terms and our Privacy Policy;
  2. Be atleast 13 years of age
  3. Register with us on the Website with your LinkedIn Identification/Username;(c) register with us on the Website with your LinkedIn Identification/Username;
  4. Have a Bank Account with a financial institution;
  5. Provide all information requested by us, such as your name, email address, mobile device number, online credentials for your Bank Account, and such other details as we may request from time to time (“User Information”).

Authentication

You understand and acknowledge that the Company is not and has not represented itself as a Social Media platform. You understand that the Company has been appointed to collect, authenticate, track your location, verify and confirm the User Data, documents and details as may be required to provide the Services. The Company is authorized to collect and store the User Data through the electronic form available on the Platform. In order to avail the Services, you are required to register with the Company by logging in online or through the website ("User Account"). During the application process, you shall be required to share and upload the User Data on the electronic form. User Data shall include personal information including but not limited to your name, e-mail address, gender, date of birth, LinkedIn username, mobile number, passwords, photograph, mobile phone information including contact numbers and browsing history, data and financial information such as bank account number. You agree that the Personal Information shall always be accurate, correct and complete. As part of the Services, you authorize us to import your details and Personal Information dispersed over Third Party Platforms. You understand and acknowledge that we may periodically request for updates on such Personal Information and we may receive such updated information from Third Party Platforms.

We collect, store, and use the data stored in compliance with the Nigeria Data Protection Regulation (NDPR) 2019, hence you hereby expressly out of your own free will and without any undue influence, coercion, fraud, mistake, misrepresentation provide your consent to Vend Finance and Technologies Limited to use, access, modify, store, download, upload or take any other action in relation to any data stored.

Disclaimer of Warranties

You expressly understand and agree that your use of the Services and the Platform is at your sole risk. The Services and the Platform are provided on an "as is" and "as available" basis. The Company expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement. Any material downloaded or otherwise obtained through the access or use of the Platform is at your own discretion and risk and that you will be solely responsible for any damage to your computer system, electronic data or loss of data that results from the download of any such material. No advice or information, whether verbal or written, obtained by you from the Company, for the Services or through the Platform shall create any warranty not expressly stated in these Terms. The Services are intended for personal, non-commercial use. You shall be solely responsible for the use, misuse, improper usage of the Services and the Platform. The Company shall not be liable for any damages accruing out of the use of the Services which have not been expressly stipulated under these Terms.

The Company makes no warranty, including implied warranty, and expressly disclaims any obligation, that:

  1. The Contents are and will be complete, Exhaustive, accurate or suitable to your requirements;
  2. The Platform or the Services will meet your requirements or will be available on an uninterrupted, timely, secure, or error-free basis;
  3. The results that may be obtained from the use of the Platform or Services will be accurate or reliable.

No Partnership and Agency

You acknowledge that registration on the Platform shall not create any legal relationship including but not limited to a joint venture, franchise or legal partner between You and the Company.

Indemnity

You acknowledge all loss, liabilities or reasonable expense arising out of any claim brought. You agree to indemnify and hold the Company, and its subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees, harmless from any claim or demand, including attorneys’ fees, made by any third party due to or arising out of

  1. Your violation of these Terms;
  2. Your violation of any rights of other users of the Platform;
  3. Your use or misuse of the Platform; and/or
  4. Your violation of applicable laws.

We will indemnify you against all loss, liability or reasonable expense arising out of any claim brought by a third-party that the Platform infringes the Intellectual Property Rights owned or controlled by a third-party, to the extent that the alleged infringement is not based on:

  1. A modification of the Platform by anyone other than us;
  2. Use of the Platform in combination with any software, hardware, network or system not supplied or approved by us if the alleged infringement relates to such combination; or
  3. Use of the Platform in a manner contrary to our instructions and/or the Documentation.

In the event of a potential indemnity obligation, you shall provide to us:

  1. Prompt written notice of the claim or a known threatened claim, such that our ability to defend the claim is not prejudiced; and
  2. Control of, and reasonable assistance in, the defence and settlement of the claim, at our expense. Without our prior written consent, you shall not settle or consent to an adverse judgment in any such claim that adversely affects our rights or interests of or imposes additional obligations on us.

Limitations of Liability

You expressly understand and agree that the Company, including its directors, officers, employees, representatives or the service provider, shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if the Company has been advised of the possibility of such damages), resulting from;

  1. Use or the inability to avail the Platform
  2. Inability to use the Platform
  3. Failure or delay in accessing the Platform
  4. Any performance or non-performance by the Company
  5. Any damages to or viruses that may infect your electronic devices or other property as the result of your access to the Platform or your downloading of any content from the Platform and
  6. Server failure or otherwise or in any way relating to the Platform.

You understand and acknowledge that you shall be solely responsible for all the activities that occur under your User Account while availing the Platform. You undertake that the Company shall not be responsible and liable for any claims, damages, disputes arising out of use or misuse of the Platform. By usage of the Platform, you shall be solely responsible for maintaining the confidentiality of the User Account and for all other related activities under your User Account. The Company reserves the right to accept or reject your registration for the Service without obligation of explanation.

Copyright © 2021 Vendly Inc.