Terms and Conditions

1. TERMS AND CONDITIONS OF THE PROGRAM

1.1.  Terms and Conditions of the Program - this is a binding agreement

1.1.1.  These Program Terms and Conditions determine the procedure for registering orders of investment bullion of precious metals on the terms of the Silver, Gold, Platinum, Palladium marketing program and together with and in accordance with the Terms and Conditions of Use of the Website govern your participation in such a program and constitute a contractual agreement between you (  hereinafter referred to as the Buyer, you or yours) and Oro.One (represented by Oro One Limited (hereinafter referred to as Oro.One or the Company).

1.1.2.  For this reason, these Program Terms are important, and you should definitely read them carefully and contact us with any questions before using this Site.

1.1.3.  You can contact us using the contact information on the Contact page of our website: www.oro.one. Contacts:

THE APEX, 2 SHERIFFS ORCHARD, COVENTRY, WEST MIDLANDS, CV1 3PP, UNITED KINGDOM, e-mail: info@oro.one

1.2.  Confirmations

1.2.1.  When placing orders as part of the Silver, Gold, Platinum, Palladium marketing programs, you acknowledge and confirm that:

You have had sufficient opportunity to read and understand the Terms and Conditions of the Program, and you agree to abide by them.  If you do not agree to the Program Terms, you should not place orders as part of the Oro.One promotional marketing program.

You acknowledge that the Company is the owner of all intellectual property of the Oro.One promotional marketing program on the terms and conditions set forth in Section 3 of the Terms, and relieve the Company from liability in this regard.

1.2.2.  When you place an order as part of the Oro.One promotional program, you confirm that you place an order in the interests of business, and accordingly you agree and acknowledge that all deliveries of goods and services from Oro.One are acquired / will be acquired in the interests of the Buyer's business  and accordingly, the 1993 Consumer Protection Act will apply to the Buyer and Oro.One Company and, as permitted under Section 56 of the Goods Sale Act, any implied obligation or obligations  it denied in favor Oro.One Company.

1.2.3.  The personal data provided by you as part of the Oro.One promotional program is protected and processed in accordance with the Personal Data Protection Policy of the Company.

 

2. GENERAL PROVISIONS OF THE ORO.ONE STIMULATING MARKETING PROGRAM.

General information.

2.1.1.  When creating the Oro.One promotional marketing program, Oro.One combined the best time-tested standards of world business development practice, trading applications and incentive programs and combined them together.

2.1.2.  This program enables customers of the Oro.One online store to create a steady income in exchange for promoting and stimulating sales of investment metal bullions.

2.2.  Acceptance of the Terms and Conditions of the Oro.One Program.

Acceptance of the Terms and Conditions of the Program allows the Buyer to register an order for investment bullion within the Oro.One  program and thus receive a reward for successful marketing of goods and services provided in the online store.

 

3. DEFINITIONS, INTERPRETATIONS AND PURPOSE

3.1 Purpose.

3.1.1.  Oro.One's promotional marketing program enables the client to register four different types of orders for sets of investment bullion:

Game Smart

Game Preliminary Silver;

Game Silver;

Game Gold;

Game Platinum;

Game Palladium.

 

3.1.2.  Orders registered under the Oro.One program use a unique order structure within the Oro.One online store system.  Each buyer has his own individual customer identification number in the online store to track orders in the program and orders of new customers initiated by the Buyer.

3.1.3.  The program is intended for two purposes:

for the company- expanding the markets for investment metal ingots;

for customers - receiving reward in the form of gold, silver, platinum, palladium bullions as a result of placing orders for investment bullions in exchange for advertising and product promotion and expanding the customer base of the Oro.One online store on the world market.

3.2.  Definitions included in this document.

The expressions defined in this document have the following meanings in accordance with a special definition in these Terms and Conditions of the Program, or, based on a specific situation, in accordance with the definitions in the Oro.One Terms.

3.2.1.  Customer Identification Number-the number assigned to manage orders and subsequent management of sponsorship.

3.2.2.  Sponsor (Sponsorship)-a customer who already has an order, has already initiated a new order for a new online store customer, and his relationship with a new customer.

3.2.3.  Customer structure-customer communication system based on the initiation of orders under the sponsor.

3.2.4.  Initiation of an order-recommendations made by customers of the online store to potential new customers, as a result of which new customer orders are placed.

3.2.5.  Order matrix- customer order tracking system.

3.2.6.  Leadership reward- additional remuneration in the form of units of remuneration accrued to the client for the successful promotion of the product (see Section 3.6).

3.2.7.  Order cycle-an order that has passed (completed) one order matrix.

3.2.8.  PPSA (Personal Property Securities Act) means the 1999 Law on the Use of Movable Property as Collateral.

3.3.  Interpretation of the Terms and Conditions included in this document.

3.3.1.  Headings: paragraphs and other headings are for convenience only and do not affect the interpretation of the Program Terms.

3.3.2.  Buyers-a link to Buyers includes a link to individuals;  Company  corporations;  collective legal entities;  firms;  joint ventures;  associations;  trusts;  organization  state or other regulatory authorities;  authorities (or other persons), in each case having or not having an independent legal personality.

3.3.3.  Plural and singular- words in the singular includes words in the plural and vice versa.

3.3.4.  Charters and Regulations- a reference to any provision of the law includes any provision of the law that amends or replaces it, and any by-laws and regulations arising from it.

3.3.5.  Language- Where this Agreement is not written in English, in case of any discrepancy of terms or semantic content, the English text shall prevail.

 

3.4. The main conditions of the Oro.One promotional marketing program.

3.4.1.  Placing an order under the Oro.One program is not required for the purchase of investment bullion.  Buyers can buy investment bullions directly or by registering one or more types of orders in accordance with the conditions of the Oro.One promotional program as a reimbursement of the value of their purchases.

3.4.2.  The combined purchase option (registration of an order on the basis of a stimulating marketing program and using personal funds) is also possible if the Buyer has already begun to initiate new orders.

3.4.3.  If the Buyer chooses the option of placing an order on the terms of the Oro.One promotional program, the received units of reward can only be used to purchase investment bullions to the Buyer's account in accordance with these Program Terms.

3.4.4.  In order to place an order on the terms of the Oro.One marketing program, the Buyer must:

Register in Oro.One online store;

If the Buyer is an individual, be at least 18 years old;

Within 14 days from the date of placing the order, guarantee compliance with the relevant law [including, but not limited to, the Swiss Anti-Money Laundering Act 955.0, Articles 3 and 4] by downloading a certified copy:

Your passport or a valid photo ID issued by the government (for example, a driver’s license or a national ID).

3.4.5.  A processing fee is charged for each order.  The cost of this fee is determined by the conditions of the type of the selected order program.

3.4.6.  The processing fee includes the following services:

- Creation and maintenance of personal customer accounts;

-Administrative tasks related to maintaining a placed order until it is fully completed, including customer service in several languages.

-Monitoring of all payments and recommendations made, as well as accrual of units of reward after completion and settlement.

-Immediate notification of the Buyer in the Personal Account about the opening of new accounts made on his recommendations.

-Internet services, technical support, the use of a virtual personal office and general management of client recommendations made.

-Providing access to the purchase and sale of investment bullion through a virtual personal office, as well as the placement of bullion in storage.

 

3.4.7.  The order processing fee is payable immediately after placing the Order.

3.4.8.  In all cases, the order processing fee must be fully paid by the Buyer during the first calendar year, provided that the client has not exercised his right to terminate the contract.

3.4.9.  Each order must undergo (complete) the required number of cycles, as indicated in the particular type of order selected, and the Buyer must attract at least two new customers who have already paid for their orders, referring to his client identification number in order to meet the qualification requirements of the type of Order, for  ensure that the order is considered fully completed and eligible for remuneration as part of the Oro.One appropriate promotional program.

3.4.10.  If, after the completion of the order, the Buyer continues to place orders of the same type without switching to another type of order, the previous qualification requirement remains valid.

3.4.11.  The Buyer assumes all responsibility for any taxes payable on income received from participation in any promotional program of the Oro.One Online Store and any fees incurred by the Buyer in connection with such a program, and relieves Oro.One of liability in this regard.

 

3.5.  Possibilities of a promotional marketing program

Oro.One.

  At one time, all Oro.One customers can place one investment bullion order from each type of program order as part of the Oro.One promotional program (see also Section 3.4).

3.5.2.  For customers who already have other types of orders, the customer number remains the same, and all customer sponsorship links are preserved.

3.6.  Leadership conditions.

3.6.1.  The customer’s order earns additional Leadership compensation in the form of remuneration units, regardless of whether it is placed in the Silver order table, provided that the following requirements are met:

-to complete the order (to go through 3 cycles);

- any two directly invited partners have to complete the order (to go through 3 cycles).

-When these conditions are met, the customer’s order goes to the first level of Leadership compensation.

 

3.6.1.1.  A customer order placed in the Gold program earns additional Leadership reward in the form of reward units, provided that the following requirements are met:

- to receive a reward in the "GOLD" matrix (the first cycle);
- any two directly invited partners have to receive a reward in the "GOLD" matrix (the first cycle);
- any two directly invited partners of your partners also have to receive a reward in the "GOLD" matrix (the first cycle).

 

3.6.1.2.  A customer order placed in the Platinum and Palladium programs earns additional Leadership reward in the form of reward units, provided that the following requirements are met:

-to receive a reward in the «Platinum»  or «Palladium» matrix;

- any two directly invited partners have to receive a reward in the «Platinum» or «Palladium»  matrix.

 

When these conditions are met, the customer’s order goes to the first level of Leadership compensation.

3.6.2.  Leadership reward consists of 15 levels, located from bottom to top:

 

 

 

15 level

1000000 units

75  leadership unit cost

14 level

800000 units

70 leadership unit cost

13 level

600000 units

65 leadership unit cost

12 level

400000 units

60 leadership unit cost

11level

200000 units

55 leadership unit cost

10 level

100000 units

54 leadership unit cost

9 level

50000 units

52 leadership unit cost

8 level

25000 units

50 leadership unit cost

7 level

10000 units

48 leadership unit cost

6 level

5000 units

45 leadership unit cost

5 level

2500 units

40 leadership unit cost

4 level

1000 units

35 leadership unit cost

3 level

300 units

30 leadership unit cost

2 level

100 units

25 leadership unit cost

1 level

 

20 leadership unit cost

 

 

3.6.3.  In order for the Buyer's order to move to the next Leader's level, you need to collect a certain number of Leader units (see Leader's levels in Section 3.6.2.).  The number of directly invited customers whose orders are placed in the table should correspond to the level of Buyer's Leadership.

3.6.4.  The Buyer's Leadership Level increases when orders initiated by new customers earn their rewards.

3.6.5.  Leader units are calculated using the following formula:

The sum of each purchase of gold bullion in the customer structure, divided by a constant of 500.

Example: 3500/500 = 7.0 leader units

3.6.6.  At each level, a Leader unit has its own cost - Leadership Unit Cost.  It is used to calculate Leadership rewards.

3.6.7.  Leadership remuneration is accrued on the Buyer's order using the following formula:

 

The sum of each purchase of gold bullion in the customer structure, divided by a constant of 500 and multiplied by the difference in the cost levels of the Buyer's Leadership Unit.

 

 

3.6.8.  Leader's Remuneration (in the form of remuneration units) can only be used to purchase investment gold bars in the online store.

3.6.9.  If the Buyer collects the required number of Leader units to move to the next level, but does not have qualifications (see Section 3.6.3) and one of his direct referrals registered in the Buyer's structure is at the same level as the Leader program, then the reward in the form of Leader  units are not credited to the Buyer's internal account.

 

3.7.  Sale, storage and delivery of gold.

3.7.1.  After completing the purchase, the Buyer may choose:

- Resell purchased bullion back to the online store at the current purchase price;  or

-Ensure the safety of purchased bullion by handing it over for safekeeping to a certified depository bank;  or

-Receive purchased bullion by insurance postal item.

3.7.2.  The buyer pays the full cost of transportation and storage costs.

3.7.3.  Shipping costs by registered mail are determined by the postal service.

3.7.4.  In countries where precious metals are subject to value added tax (VAT) and import tax, the Buyer is solely responsible for:

-Payment of all VAT, taxes and fees;  and

-Organization of delivery of the order.

3.7.5.

The fee for the storage of precious metal ingots placed in a specialized warehouse is 1.2% per year or 0.1% of the Buyer's gold on a monthly basis.

3.7.6.  The fee for storing gold in the vault is assessed on the first day of each month. The fee for the responsible storage of gold in an accredited depositary bank is estimated on the first day of each month.

3.8.  Order cancellation

3.8.1.  According to the conditions of the Oro.One marketing program, the Buyer has the right to cancel his order without giving reasons within 14 calendar days from the date of placing the order in the corresponding matrix of orders.  Limitations apply.

3.8.2.  Cancellation can be carried out through the Buyer's virtual personal office, provided that:

-Customers who have used the right to cancel the order within the established 14 calendar days from the moment of placing the order in the table may place the next order only after 180 calendar days according to paragraph (b) below.

-After receiving the application, the Company may allow the Buyer to place an order earlier than 180 calendar days after the cancellation of the order, however, the Buyer accepts the condition that for each subsequent cancellation of the order a deduction of € 50 relies on administrative and commercial expenses.

3.8.3.  The right to cancel the order within 14 calendar days from the moment of placing the order does not apply to customers who have or had orders placed in any of the order tables longer than 14 calendar days, and the right to cancel the order within 14 calendar days also does not apply to customers who  re-ordered another customer’s order.

3.8.4.  In all other cases, the Buyer must pay the processing fee for the cancellation of the order according to the selected type of order.

3.8.5.  If the Buyer cancels the order, the funds are transferred to the account of the Buyer's virtual personal office and can be returned by transfer to the Buyer's documented personal bank account.

3.8.6.  A request for a refund of funds must be received within 30 days after removing the order from the table.

3.8.7.  If the payment was made by credit card, the refund is made back to the same credit card.

3.9.  Order implementation

3.9.1.  The buyer is not obligated to place an order on the terms of any Oro.One marketing program.  A sale agreement can be made directly by paying the full amount of the order.  This feature is also available if the Buyer has already started initiating new orders.

3.9.2.  If the Buyer chooses to place an order on the conditions of the Oro.One promotional program, he must clearly understand that it was developed exclusively for the acquisition of investment bullion of precious metals.  Payment of the order on the basis of the account can be made at the Buyer's own expense, with the calculation of units of remuneration for initiating orders of new customers of the online store or in combination.

3.9.3.  The Company does not guarantee the full execution of Buyer's Orders as part of the Oro.One promotional program.  Success is based on the results of the Buyer's own efforts.

 

4. RULES AND PROVISIONS OF THE PROGRAMS.

    PRELIMINARY SILVER PROGRAM

The following provisions apply to the Preliminary Silver Program order placed on the Oro.One online store.

4.1.  General information.

4.1.1.  The Silver Program order is intended for customers of an online store who wish to purchase sets of investment metal ingots weighing from 1 to 100 grams with a sample of refining plants presented on the website of the online store.

4.1.2.  The exact prices of the ingots depend on the price of investment metals in the world market and are determined at the time of purchase.

4.1.3.  The company does everything possible to supply products in strict accordance with the instructions of the client, however, depending on the availability of ingots of a particular manufacturer in a regional warehouse, it is possible to replace ingots with a similar product of another manufacturer.

4.2.  Mandatory conditions for placing an order.

4.2.1.  In order to place an order for the Preliminary

 

 

The Preliminary PRELIMINARY SILVER Program  is intended to get bonuses and automatically pass to the Silver Program. To place an Order in the Preliminary Silver, the Client shall make payment in his/her dashboard. The Client’s Order is placed in the sponsor’s matrix automatically after receipt of payment. The cost of placing in the Preliminary Silver is 50 €, including 10,00 € — Internet service subscription fee.  Case of getting a lesser amount, the Client’s Order is not placed in the Table of Orders and the received sum is credited to the Client’s internal account.

The Table of Orders consists of three levels, where 7 Clients’ Orders are placed.

1st level   — 1 order.

2nd level — 2 orders.

3rd level  — 4 orders.

The Orders are placed from left to right considering recommendations made.

The Matrix is never split, and the Client’s Order is always placed on the first level. If the Client being on the first level attracts 6 new orders, then the third level is filled in chessboard order to support the Clients on the second level on an even basis. The orders of newly attracted clients always follow the sponsor’s orders and are reflected in the sponsor’s Matrix. 

The Client’s Order, placed on the first level, is automatically transferred to SILVER Program, if all 7 cells of the table are filled.

 

To pass the Preliminary SILVER Program, one shall attract minimum two new Orders:

1) two new Orders to the Preliminary SILVER; or

2) one new Order to the Preliminary SILVER and one new Order to the SILVER;

3) two new Orders to the SILVER Program.

In case of fulfilment of the above conditions, the Client’s Order is automatically transferred to the first cycle of the SILVER Program. 50 Oro Coins  are credited to the Client’s account, 15% is deducted as the Order processing fee, and investment gold bars are bought for the rest amount at the current rate. 1 Oro Coin is equivalent to 1 Euro.

 

 

When placing the Order in the Preliminary SILVER, the Client has the right to attract new Orders to the GOLD, PLATINUM, PALLADIUM  Programs. These Orders will be further considered in qualification when passing the GOLD, PLATINUM, PALLADIUM  Programs.  Company does not guarantee the complete execution of the Customer’s Order. 

The result depends only on the Client’s own efforts.

 

 

4.2. SILVER PROGRAM

In Silver Program the Buyer must:

Place an order for the purchase of goods and services in the amount of 18000 euros.

To prepay:

Prepayment of the order includes a down payment for investment bullion weighing up to 100 grams and a subscription fee for Internet service.

Prepayment of Silver Program order 200 euros, including a subscription fee of 20 euros for the Internet service.

4.2.2.  At one time, the Buyer can place only one Order for investment bullion in the online store as part of the Silver Program.  After the completion of the Order, the Silver Program may place a new order or extend the previous order.

4.2.3 The minimum condition for qualifying for Credit Bonuses:

Buyer, Order Owner must attract a minimum of two new Silver Program orders.  These attracted orders will be taken into account in all subsequent cycles.  A customer order, for its execution, must go through three Silver Program cycles.  To receive a reward of 540 bonuses (Oro Coins), the Buyer must attract at least two new Orders to the Silver Program.

If this condition is met, then at the end of each cycle a bonus reward in the amount of 540 bonuses is accrued on the Buyer's order, of which 15% are deducted, as an order processing fee.  The remaining 459  bonuses (Oro Coins) are bought bullion investment metals.

Upon completion of the Order, the Buyer can place a new Order or extend the previous one by reinvesting 200  bonuses or automatically place an order for 1800 euro. The Buyer's participation in the Oro.One marketing program continues, previously attracted orders are taken into account when  bonuses are credited.

In case of completion of the third cycle, 720 credit bonuses are credited to the Client’s Order, if the Client  confirm his/her exit of the program - 15% is deducted from 720 € as the Order processing fee and investment gold bars are bought, the Client’s Order is withdrawn out of the program.

If the Client confirms his/her reinvestment in the SILVER Program, then 520 € are credited to the Client’s account, from which 15% fee is deducted as the Order processing and investment gold bars are bought. 

 

 

4.3.  Gold Program order accounting system.

4.3.1.  In order to place an Gold Program order, the Buyer must:

Place an order for the purchase of goods and services in the amount of 7000 euros.

To prepay:

Prepayment of the order includes a down payment for investment bullion weighing up to 100 grams and a subscription fee for Internet service.

Prepayment for Gold Programm order is 740 Euros, including a service fee of 40 Euros for Internet service.

4.3.2.  At one time, the Buyer can place only one Order for investment bullion in the online store under the Gold Program.  After the completion of the Order, the Gold Program may place a new order or extend the previous order.

4.3.3 The minimum condition for qualifying for  Bonuses:

The buyer, the owner of the order must attract at least two new orders for the Gold Program.  These attracted orders will be taken into account in all subsequent cycles.  A customer order, for its execution, must go through three Gold Program cycles.  To receive a reward in the amount of 2100 bonuses, the Buyer must attract at least two new Orders to the Gold Program.

If this condition is met, then at the end of each cycle a bonus reward in the amount of 2100 bonuses is accrued on the Buyer's order, of which 15% are deducted, as an order processing fee.  For the remaining 1785  bonuses, bullion of investment metals is bought.

In case of completion of the third cycle, 2800 Oro Coins are credited to the buyer’s order, if the Client confirms his/her exit of the Program. 15% is deducted from 2800 bonuses as the Order processing fee and investment gold bars are bought, the Client’s Order is withdrawn out of the program.

If the Client continues  the GOLD Program, then 2060 bonuses are credited to the Client’s account, from which 15% is deducted as the Order processing fee and investment gold bars are bought. Upon completion of the Order, the Buyer can place a new Order or extend the previous one by reinvesting 740  bonuses or automatically place an order for 7000. The Buyer's participation in the Oro.One marketing program continues, previously attracted orders are taken into account when  bonuses is credited.

 

4.4.  Platinum Program Order Accounting System.

4.4.1.  In order to place a Platinum Program order, the Buyer must:

Place an order for the purchase of goods and services in the amount of  27500 euros.

To prepay:

Prepayment of the order includes a down payment for investment bullion weighing up to 100 grams and a subscription fee for Internet service.

Prepayment of Platinum order is 2800 Euros, including a subscription fee of 50 Euros for Internet service.

4.4.2.  At one time, the Buyer can place only one Order for investment bullion in the online store under the Platinum Program.  After the Order is completed, the Platinum Program may place a new order or extend the previous order.

4.4.3 The minimum condition for qualifying for Credit Bonuses:

Buyer, Order Owner must attract a minimum of two new Platinum Program orders.  These attracted orders will be taken into account in all subsequent cycles.  The customer’s order, for its execution, must go through three cycles of the Platinum Program.  To receive a reward of 8250 bonuses, the Buyer must attract at least two new Orders to the Platinum Program.

If this condition is met, then at the end of each cycle a bonus reward in the amount of 8250 bonuses is accrued on the Buyer's order, of which 15% are deducted, as an order processing fee.  The remaining 7012 credit bonuses are bought bullion investment metals.

In case of completion of the third cycle, 11000 bonuses are credited to the buyer’s order, if the Client confirms his/her exit of the Program. 15% is deducted from 11000 bonuses as the Order processing fee and investment gold bars are bought, the Client’s Order is withdrawn out of the program.

If the Client continues  the PLATINUM  Program, then 8200 bonuses are credited to the Client’s account, from which 15% is deducted as the Order processing fee and investment gold bars are bought.

Upon completion of the Order, the Buyer can place a new Order or extend the previous one by reinvesting 2800 credit bonuses or automatically place an order for 27500. The Buyer's participation in the Oro.One marketing program continues, previously attracted orders are taken into account when  bonuses is credited.

 

4.5.  Palladium Program order accounting system.

4.5.1.  In order to place an order with the Palladium Program, the Buyer must:

Place an order for the purchase of goods and services in the amount of 98000 euros.

To prepay:

Prepayment of the order includes a down payment for investment bullion weighing up to 100 grams and a subscription fee for Internet service.

Palladium order prepayment of 9850 euros, including a subscription fee of 50 euros for the Internet service.

4.4.2.  At one time, the Buyer can place only one Order for investment bullion in the online store as part of the Palladium Program.  After the Order is completed, the Palladium Program may place a new order or extend the previous order.

 

4.4.3

The minimum condition for qualifying for Credit Bonuses:

Buyer, Order Owner must attract a minimum of two new orders for the Palladium Program.  These attracted orders will be taken into account in all subsequent cycles.  A customer order, for its execution, must go through three cycles of the Palladium Program.  To receive a reward of 29,400 bonuses, the Buyer must attract at least two new Orders to the Palladium Program.

If this condition is met, then at the end of each cycle a bonus reward in the amount of 29,400 bonuses is accrued on the Buyer's order, of which 15% are deducted, as an order processing fee.  The remaining 24,990  bonuses are bought bullion investment metals.

In case of completion of the third cycle, 39200 bonuses are credited to the buyer’s order, if the Client confirms his/her exit of the Program. 15% is deducted from 39200 bonuses as the Order processing fee and investment gold bars are bought, the Client’s Order is withdrawn out of the program.

If the Client continues  the PALLADIUM  Program, then 29350 bonuses are credited to the Client’s account, from which 15% is deducted as the Order processing fee and investment gold bars are bought.

Upon completion of the Order, the Buyer can place a new Order or extend the previous one by reinvesting 9850 credit bonuses or automatically place an order for 98000. Buyer's participation in the Oro.One marketing program continues, previously attracted orders are taken into account when  bonuses is credited.

 

5. GENERAL PROVISIONS

5.1.  Essential conditions.

5.1.1.  This Agreement and related documents supersede all previous agreements between the Parties, both oral and written, in relation to the subject of this Agreement.

5.1.2.  If any of the conditions of this Agreement becomes invalid, it shall be replaced by another legally valid provision that as much as possible matches the desired result and the economic goal of the invalid provision.

The invalidity of any provision of this Agreement does not limit the legal force of other provisions of the Agreement.

5.1.3.  This Agreement is signed in favor of the Contracting Parties and is binding on them and their assigns.  Obligations made under this Agreement may not be transferred to third parties.

We reserve the right to make changes to the Program Terms and Conditions without prior notice.

This website is not intended for distribution or use by individuals or legal entities who are residents or are under jurisdiction, where such use or distribution would violate applicable law or regulation, as well as if for such distribution or use  action is required in connection with the registration or licensing in this jurisdiction of Oro.One or any of its subsidiaries or organizations.

This website and the information contained therein is the property of Oro.One and may not be used to prepare legal, legal, tax, accounting reports and securities reports, investment reports and consultations, including to express the opinion of experts on the appropriateness and  the profitability of any investment or investment strategies.  This site does not constitute an offer or an offer to make offers to buy or sell any investment product or service to any person or organization in any jurisdiction.

Products displayed on the site are available only to residents of those countries where the offer of such products is permitted by law.

5.1.4.  Access to the Oro.One promotional program is not available to any individuals or legal entities who are resident or located in any jurisdiction where such an promotional marketing program violates or may violate any law or regulation or subordinate Oro.One or any of its affiliated companies or  organizations with registration or licensing requirements in this jurisdiction.  You are responsible for ensuring legal access to the Oro.One promotional program in this jurisdiction.  In relation to obtaining authorized access to the program, you will release Oro.One from liability in this regard.

5.1.5.  Providing information about the Company to non-clients is a carefully controlled issue.  The company considers providing accurate, legitimate material as a key element of your right to participate in the Oro.One marketing program.  Accordingly, if it is discovered that you are providing inaccurate information, the Company reserves the right to temporarily suspend your account until the end of the investigation.

5.1.6.  This Agreement is governed by the laws of United Kingdom, and each party is subject to the jurisdiction of the courts of United Kingdom.  Any lawsuits against us can only be filed in London, United Kingdom.

5.2.  Risk transfer.

5.2.1.  The risk in relation to the goods passes to the Buyer immediately after settlement for the Order.

5.2.2.  The legal and beneficial ownership of the Goods remains with Oro.One until full payment is made:

for goods;  and

all amounts which the Buyer owes to Oro.One.

5.3.  Interim measures

5.3.1.  Without prejudice to any other means of compensation by Oro.One, if any amount due by the Buyer to Oro.One is not paid on time or the Buyer becomes insolvent, initiates bankruptcy proceedings or appoints an administrator to manage all or part of the Buyer's assets or he enters  either can enter into an agreement with creditors or a liquidator is appointed in relation to him (temporary or otherwise) or he is transferred under the control of the law or the state, then Oro.One may cancel any outstanding Buyer's order;  and any sums payable by the Buyer to Oro.One Company, irrespective of whether they are payable immediately, are payable immediately.

 

5.3.2.  In order to guarantee all your obligations to us that you may have with us at certain points in time, including, but not limited to, any exemption from liability, you hereby grant us a right of pledge in accordance with the Law “On  use of movable property as collateral ”of 1999 of all Goods delivered by the Company to you at one time or another, and the proceeds from the sale of all such Goods, as well as any freely circulating securities  Which represents any such cash proceeds.

5.3.3.  At the Seller’s request, the Buyer will provide all the necessary information for registering the Buyer's security right under the 1999 Law on the Use of Movable Property as Collateral.

5.3.4.  The Buyer hereby waives the right to receive a copy of the confirmation in the context of Section 148 of the 1999 Law on the Use of Movable Property as Security.

5.4.  Autonomy

If any provision of this Agreement or the Terms is declared invalid, controversial, illegal or otherwise legally invalid by any court or other competent authority, the parties must amend this provision in such an acceptable way as to achieve the intention of the parties and eliminate the defect, or this provision  will be removed from this Agreement, and the remaining provisions of this Agreement shall remain unchanged, unless the Supplier decides that the result is  exception of the provisions destroys the original intentions of the parties, in which case the Supplier will have the right to terminate this Agreement by giving written notice to the Distributor within 30 days.

5.5.  Preservation of legal force of obligations

Each provision of this Agreement, which may retain legal force after termination of this Agreement, retains legal force after its termination.

5.6.  Assignees and Assignees

This Agreement will be binding and will act in the interest of the Parties and their successors and authorized assignees.

5.7.  Force Majeure

5.7.1.  The Parties shall be exempted from liability for full or partial failure to fulfill obligations under this Agreement if this failure was the result of force major circumstances arising after the conclusion of this Agreement as a result of extraordinary events that the Parties could neither foresee nor prevent by reasonable measures.

5.7.2.  If one or the other Party cannot fully or partially fulfill its obligations under the conditions specified in clause 5.7.1.  of this Agreement to the circumstances, the term for fulfillment of obligations under this Agreement shall be extended for a period equal to the period during which these circumstances exist.

5.7.3.  If specified in clause 5.7.1.  of this Agreement, circumstances last longer than twelve months, any of the Parties has the right to terminate this Agreement, and in this case, none of the Parties is liable for damages associated with such termination.

5.7.4.  A party for which it has become impossible to fulfill its obligations due to circumstances specified in clause 5.7.1.  of this Agreement, shall immediately inform the other Party in writing of the occurrence of such circumstances, indicating the nature of the circumstances and their impact on the ability to fulfill contractual obligations.

5.8.  Conclusion of the Agreement, the duration of the Agreement, the procedure for its termination.

5.8.1.  The Agreement shall enter into force and is binding upon the Parties from the moment the Buyer confirms the Agreement electronically - the Buyer completes the mark “I agree” at the bottom of the Agreement, as well as from the moment the Company receives payment for the Order and services in accordance with the terms of the Agreement.

5.8.2.  The agreement is concluded with the aim of ensuring the full implementation of the Order by the Parties and may be automatically extended to the next Order paid by the Buyer.

5.8.3.  Each of the Parties has the right to terminate the Agreement ahead of schedule by providing the other party with a written notice 30 (thirty) days prior to termination.

5.8.4.  In case of early termination of the Agreement at the initiative or through the fault of the Order Holder, the paid Subscription fee is non-refundable.

 

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