Terms of Service

INTRODUCTION
1. Welcome to “https://larus.net/” (“Site”). These Terms of Service (“TOS or Agreement”) are entered into between LARUS Limited (“Service Provider”) and any individual or entity accessing or using the Site (“User”, “Customer”, “Buyer” or “Seller”, as applicable). For the avoidance of doubt, “Customer” refers to a User subscribing to IPv4 Leasing Services, while “Buyer” and “Seller” refer to Users participating in Marketplace Facilitation Services. A User may be a Customer, a Buyer, a Seller, or any combination thereof.
2. By accessing this Site or using any services provided by LARUS, you acknowledge that you have read, understood, and agreed to be bound by these TOS.
SCOPE OF SERVICES
1. LARUS provides the following distinct services:
  1. IPv4 Leasing Services, under which LARUS leases IPv4 address resources as principal and first-party lessor; and
  2. Marketplace Facilitation Services, under which LARUS operates an online platform to facilitate transactions between Buyers and Sellers of IPv4 address resources.
2. Each service is governed by the applicable provisions of these TOS. Participation in one service does not create rights or obligations under the other.
3. For the avoidance of doubt, LARUS is not a buyer, seller, transferor, transferee, escrow agent, trustee, broker, agent or fiduciary in respect of any Marketplace transaction.
4. The Service Provider may require identity verification, corporate documentation, beneficial ownership information, and any other KYC/AML information it deems necessary. The Service Provider may suspend, restrict or terminate any User’s access to the Site or Services (including Marketplace participation) where it reasonably suspects fraud, sanctions exposure, AML risk, abuse, policy breach or other non-compliance, without liability.
TERM AND PRICING
1. The term of this TOS shall commence from the Effective Date (hereinafter defined) and shall continue until the end of the agreed Payment Term and the Service as stipulated on our Site (“Payment Term”). For the avoidance of doubt, any letter of authorization issued by the Service Provider will only be valid during the Payment Term or any renewal of the Payment Term thereof (as the case may be). At the end of the Payment Term, the Payment Term will automatically be renewed, unless and until, the Customer notifies the Service Provider in writing (pursuant to Clause 5 of this Agreement) of non-renewal no less than seven (7) days before the end of the Payment Term. For the avoidance of doubt, any renewal of the Payment Term shall automatically be bound by and subject to the terms and conditions set forth in the Agreement, At the time of renewal, the Service Provider has the rights and sole discretion (without prior written consent given by the Customer) to reasonably adjust the fee subject to the Customer’s Risk Level (hereinafter referred to as “RC”) of which the increase will not be higher than the increase rate of the market.
2. Subject to the Customer remaining in good standing, renewal shall not be unreasonably withheld. For the avoidance of doubt, “good standing” means that the Customer has no outstanding payment default, has not committed any material breach of this Agreement, complies with the Acceptable Use Policy and applicable RIR policies, and is not subject to any sanctions or legal prohibitions.
3. Payments will be made by the Customer depending on the option which was selected by the Customer when registering the details in the “Payment Term” section of the Site (hereinafter referred to as “Relevant Fee”), wherein the amount is further specified in the “Pay the Bills” section of the Site). Payment shall be made by the Customer to the Service Provider, immediately upon accepting this TOS (for first time payment); and for the subsequent payment(s), seven (7) days in advance but no later than the start of the next Payment Term. In the event of payment overdue by the Customer, the Service Provider reserves its absolute right to suspend or terminate the Service without any prior notice.
4. In the event any payment which is due and payable under this Agreement is not received within seven (7) days from the due and payable date, the Customer shall be liable to pay late payment interest at a rate of 0.5% per week, calculated on a daily basis from the due and payable date until the full and final settlement of the outstanding amount. Such interest shall be payable in addition to any other amounts due under this Agreement. The imposition of late payment interest is without prejudice to any other remedies which are available to the Service Provider under this Agreement or applicable law.
5. Notwithstanding, in the event the Customer fails to remit payment within thirty (30) days from the due and payable date, this Agreement shall be deemed automatically terminated with or without further notice. Upon termination, the Service Provider shall initiate the reclamation of any allocated IP addresses, which may thereafter be reassigned or reallocated at the Service Provider’s sole and absolute discretion. Notwithstanding such termination, the Customer shall remain liable for all outstanding amounts due under this Agreement. The Service Provider shall have no obligation to restore or resume service following termination under this provision and such circumstance.
6. All payments made to the Service Provider shall be made without deductions based on any currency control restrictions, import duties, sales tax, value added tax, corporate income tax, personal income tax or any other taxations or withholdings which may be imposed on or in respect of the Service provided by the Service Provider hereunder.
7. In the event that the Service Provider or its employees are subjected to any local taxes in fulfilling its obligations stipulated herein in providing the Service to the Customer, the Customer shall make the required payments on behalf of the Service Provider and ensure that such payments are made within the stipulated time including to file for any tax returns promptly. The Customer shall also reimburse to the Service Provider any amount paid by the Service Provider in performing its obligations herein, and the Customer shall ensure that the amount received by the Service Provider is consistent with the amount stipulated on the Site without any deduction for any reason whatsoever. For the avoidance of doubt, the amount received by the Service Provider after such tax payment or withholding and after payments of any additional taxes or charges due as a consequence of the payment of such additional amounts, shall equal the amount that would have been received if such deductions or withholdings were not required.
8. In the event that the Customer pays local taxes on behalf of the Service Provider, the Customer shall furnish to the Service Provider certified copies of the tax receipts or any other valid proof of payment within fourteen (14) days from the date of the payment of such taxes or charges.
9. All payments made to the Service Provider are not refundable unless otherwise expressly agreed in writing.
CONDITION OF IP USAGE
1. The Customer accepts the IP addresses in condition provided on an “as-is” basis with all risks and faults associated therewith. The Service Provider makes no representation, warranty or covenant of any kind with respect to any services or any included IP address, whether express, implied or statutory, including, but without limitation, any implied warranties of merchantability, fitness for a particular purpose, satisfaction of requirements, non-infringement, or any warranty arising out of a course of performance, dealing, trade or usage. Any and all such representations, warranties and covenants are hereby disclaimed by the Service Provider and waived by the Customer. Without limiting the generality of the foregoing, the Service Provider does not represent, warrant or covenant that any service or IP address, or any access or use thereof:
  1. will be uninterrupted;
  2. will be free of defects, inaccuracies, or errors;
  3. will meet the Customer’s requirements; or
  4. will operate in the configuration or with other hardware or software that the Customer uses.
2. The Customer will not use the IP addresses for any illegal or abusive purposes including but not limited to SPAM, SPAM email marketing and will otherwise at all times comply with the Service Provider’s Acceptable Use Policy as set out in Schedule A.
3. The Service Provider will assess the Customer based on their Risk Level. Risk Level is the monthly average of abuse incidents associated to all the IP addresses provided by the Service Provider to the Customer, where the calculation will be conducted on all the IP addresses provided under this agreement and all other agreements for the Customer.
4. In the case where the Risk Level has reached 3%, the Service Provider reserves the right to give the Customer warning and the Customer shall provide the Service Provider with the written reason, or any other form or methods to convey the Customer’s reason. In the event that the Risk Level has reached 10%, the Service Provider reserves the right to suspend the IP addresses without providing any prior notice to the Customer and terminate the contract. Any damage or loss suffered by the Customer due to the afore-mentioned suspension should be at the Customer’s cost and expense and, for the avoidance of doubt, the Service Provider shall not be liable for the Customer’s loss and/or damages suffered due to the aforementioned suspension.
5. Failure to remedy any violations of the Acceptable Use Policy within 48 hours will result in immediate loss of usage of those IP addresses without the Service Provider being liable to the Customer. The Customer will also be responsible for any out-of-pocket costs and/or expenses associated with improper use of IP addresses and costs to repair any harm or damages caused by this improper usage. In the case which the Customer violation of the Policy of RIR (Regional Internet Registry) or this TOS, the Service Provider has the right to suspend the Service without refunding the Customer for the suspension.
6. In the event that any IP address is listed on any abuse platform including but not limited to Spamhaus, it is hereby agreed that an abuse fee of $40 per IP address (“Abuse Fee”) shall be imposed by the Service Provider to the Customer’s account. For the avoidance of doubt, the Services provided by the Service Provider shall be suspended with or without notice and the same shall remain in effect, save and except the Abuse Fee are settled in full. Notwithstanding, In the event that the quantity of IP addresses leased exceeds one percent (1%) of the maximum allocation leased from the Service Provider, the Service Provider reserves the right to terminate the Service, with or without prior notice, at the Service Provider’s sole discretion. Any such suspension shall be non-refundable. The Service Provider shall not be liable for any losses and damages incurred by the Customer by reason of the suspension of the Service due to the Customer's breach of the same abovementioned.
7. The Customer acknowledges that reverse DNS (rDNS) configurations for leased IP addresses may increase the risk of the IP addresses being flagged as spam. To mitigate the risk of negative impacts on the reputation of the IP addresses, the Company reserves the right to approve any rDNS configuration requests. The Customer further understands and agrees that a declined request for reverse DNS configuration shall not constitute valid grounds for termination of this Agreement, nor shall it be used as a basis for any claim for damages or compensation under this Agreement.
8. In the event that the Customer engages in high-risk behavior that could potentially harm the reputation of the IP addresses assigned to them, the Service Provider reserves the right to take appropriate actions based on the report data in the monitoring system and any abuse reports received by the Service Provider. Such actions shall include all the abovementioned measures, including but are not limited to, issuing warnings, suspending services, or terminating the Agreement without prior notice. The Customer shall also be required to cooperate fully and promptly with the Service Provider and report any such incidents to relevant law enforcement authorities as necessary. In which event, the Service Provider shall not be liable for any damages or losses incurred by the Customer as a result of these actions.
MARKETPLACE FACILITATION SERVICES
1. The Site also provides a marketplace platform to facilitate the listing, matching and administrative processing of IPv4 address transfer transactions between independent Buyers and Sellers (“Marketplace”). For the avoidance of doubt, the Service Provider is not a party to any sale, purchase or transfer of IPv4 address resources and does not act as buyer, seller, escrow agent, trustee, broker, agent or fiduciary in respect of any Marketplace transaction. All Marketplace transactions shall be conducted strictly through the Site unless prior written approval is obtained from the Service Provider.
2. Seller-Initiated Transactions
  1. A Seller may, subject to the Service Provider’s acceptance and applicable verification requirements, publish a listing on the Marketplace offering IPv4 address resources for sale (a “Seller Listing”).
  2. Buyers may, through the Marketplace, submit bids in response to a Seller Listing or elect a buy-out option, where available. Any bid, buy-out election, amendment or withdrawal shall be subject to the Marketplace rules and may be accepted, rejected, suspended or invalidated by the Service Provider at its discretion for compliance, risk management or operational reasons.
  3. Where a buy-out option is exercised in accordance with the Marketplace procedures, the relevant Seller Listing shall be automatically locked and removed from further bidding. The Service Provider makes no representation or warranty as to the timing, availability or effectiveness of such locking.
  4. In the absence of a buy-out option, the Seller may, subject always to the Marketplace rules and the Service Provider’s oversight, select a Buyer based on the highest bid submitted. The Service Provider does not participate in, endorse or guarantee any selection decision made by the Seller.
  5. Upon successful matching, the Buyer shall remit payment through the Marketplace and upload proof of payment where required. Any such payment is received by the Service Provider solely for administrative and settlement facilitation purposes and shall not be deemed to constitute escrow, trust or fiduciary funds.
  6. Following Buyer payment, the Seller shall, at its own cost and responsibility, submit documentary proof evidencing submission of the IPv4 address transfer request to the relevant Regional Internet Registry (“RIR”). The Service Provider does not verify, warrant or guarantee the accuracy, sufficiency or outcome of such submission.
  7. The Buyer shall independently verify and confirm completion of the IPv4 address transfer through the Marketplace. Any confirmation given by the Buyer shall be deemed final and conclusive for the purposes of settlement.
  8. Only upon completion of Clauses 5.2.6 and 5.2.7, and subject to the Service Provider’s internal checks and procedures, the Service Provider may release payment to the Seller. The release of payment shall constitute full and final settlement of the Marketplace transaction, and the Service Provider shall thereafter be fully discharged from any further involvement or liability in respect thereof.
3. Buyer-Initiated Transactions
  1. A Buyer may, subject to the Service Provider’s acceptance and applicable verification requirements, publish a listing on the Marketplace indicating its intention to purchase IPv4 address resources (a “Buyer Listing”).
  2. Sellers may submit offers in response to a Buyer Listing or elect a direct-sale option, where available. Any offer, direct-sale election, amendment or withdrawal shall be subject to the Marketplace rules and may be accepted, rejected, suspended or invalidated by the Service Provider at its discretion for compliance, risk management or operational reasons.
  3. Where a direct-sale option is exercised in accordance with the Marketplace procedures, the relevant Buyer Listing shall be automatically locked and removed from further offers. The Service Provider makes no representation or warranty as to the timing, availability or effectiveness of such locking.
  4. In the absence of a direct-sale option, the Buyer may, subject always to the Marketplace rules and the Service Provider’s oversight, select a Seller based on the lowest offer submitted. The Service Provider does not participate in, endorse or guarantee any selection decision made by the Buyer.
  5. Upon successful matching, the Buyer shall remit payment through the Marketplace and upload proof of payment where required. Any such payment is received by the Service Provider solely for administrative and settlement facilitation purposes and shall not be deemed to constitute escrow, trust or fiduciary funds.
  6. Following Buyer payment, the Seller shall, at its own cost and responsibility, submit documentary proof evidencing submission of the IPv4 address transfer request to the relevant RIR. The Service Provider does not verify, warrant or guarantee the accuracy, sufficiency or outcome of such submission.
  7. The Buyer shall independently verify and confirm completion of the IPv4 address transfer through the Marketplace. Any confirmation given by the Buyer shall be deemed final and conclusive for the purposes of settlement.
  8. Only upon completion of Clauses 5.3.6 and 5.3.7, and subject to the Service Provider’s internal checks and procedures, the Service Provider may release payment to the Seller. The release of payment shall constitute full and final settlement of the Marketplace transaction, and the Service Provider shall thereafter be fully discharged from any further involvement or liability in respect thereof.
4. Payment Handling, Holding of Funds and Non-Escrow Arrangement
  1. Any payment made by a Buyer in connection with a Marketplace transaction and received by the Service Provider shall be received solely for the limited purpose of administrative processing and settlement facilitation, and shall not constitute escrow, trust, custodial or fiduciary funds, nor create any escrow, trustee, agency or similar relationship between the Service Provider and any Buyer or Seller.
  2. The Buyer and Seller expressly acknowledge and agree that the Service Provider does not act as an escrow agent and does not provide escrow services, notwithstanding that payment may be temporarily held by the Service Provider pending completion of the procedural steps set out in Clauses 5.2 or 5.3.
  3. The Service Provider may, at its discretion and without liability, temporarily retain, delay, withhold or suspend the release of any payment where such action is reasonably required for:
    1. compliance with applicable laws, sanctions, AML or regulatory requirements;
    2. verification, risk management, fraud prevention or internal controls; or
    3. resolution of any inconsistency, irregularity or non-compliance identified in the transaction.
  4. The Service Provider makes no representation, warranty or assurance that any Marketplace transaction will be completed within any particular timeframe, or at all.
  5. Where a Marketplace transaction is cancelled, reversed, rejected by an RIR, or otherwise not completed for any reason, the Service Provider may (without liability) determine the administrative handling of any payment received, including refunding the Buyer (in whole or in part) or returning funds net of reasonable administrative fees, chargebacks, banking fees, FX losses and compliance costs incurred, provided always that the Service Provider does not act as an escrow agent and does not assume responsibility for the underlying dispute between Buyer and Seller
5. Transfer Risk, Regulatory Decisions and No Guarantee of Outcome
  1. All IPv4 address transfers facilitated through the Marketplace are subject to the policies, procedures, approval and discretion of the relevant Regional Internet Registry (“RIR”) and any applicable regulatory authority.
  2. The Service Provider does not verify, guarantee, endorse or warrant:
    1. the Seller’s title to, or right to transfer, any IPv4 address resources;
    2. the accuracy, completeness or sufficiency of any RIR submission or documentation; or
    3. the approval, acceptance or successful completion of any IPv4 transfer by an RIR.
  3. Any delay, rejection, refusal, reversal or conditional approval of a transfer by an RIR shall be solely a matter between the Buyer and Seller, and the Service Provider shall bear no responsibility or liability in respect thereof.
  4. The Buyer acknowledges that confirmation of transfer completion provided through the Marketplace constitutes the Buyer’s independent and final determination, and the Buyer shall not subsequently assert any claim against the Service Provider arising from or relating to such confirmation.
6. Indemnities Relating to Marketplace Transactions
  1. The Seller shall indemnify, defend and hold harmless the Service Provider from and against all claims, losses, liabilities, damages, costs and expenses (including legal fees) arising out of or in connection with:
    1. any defect in title, lack of authority or improper transfer of IPv4 address resources;
    2. any misrepresentation or omission made by the Seller in connection with a Marketplace listing or transaction; or
    3. any breach by the Seller of applicable RIR policies or laws.
  2. The Buyer shall indemnify, defend and hold harmless the Service Provider from and against all claims, losses, liabilities, damages, costs and expenses (including legal fees) arising out of or in connection with:
    1. the Buyer’s use or misuse of IPv4 address resources acquired through the Marketplace;
    2. any regulatory, sanctions or compliance issues arising from the Buyer’s activities; or
    3. any dispute asserted by the Buyer against the Seller relating to the Marketplace transaction.
  3. The indemnities in this Clause 5.6 are in addition to, and not in substitution for, any other indemnities provided under this Agreement.
NO PROPRIETARY RIGHTS
1. The Customer acknowledges and agrees that:
  1. the IPv4 addresses are not the property (real, personal or intellectual) of the Customer;
  2. the Customer does not and shall not have or acquire any proprietary rights in or to the IPv4 addresses by virtue of this TOS or through the issuance of any letter of authorisation by the Service Provider;
  3. the Customer shall not in any ways, nor shall the Customer make any attempt, either directly or indirectly, to obtain, file for, register or assert any patent, trademark, service mark, copyright or any other actions of the same effect on all or any of the leased IPv4 addresses either in Hong Kong or any other jurisdiction whatsoever;
  4. the Customer shall not, for any reason whatsoever, use the IPv4 addresses as any form of collateral, charge or other instrument to achieve a similar desired effect; or
  5. the Customer shall transfer or receive IPv4 addresses in accordance with the applicable RIRs’ policies.
COMMUNICATION NOTICE
1. All written notice or notice required or permitted to be given/communicated in writing under this TOS shall be delivered to the other Party by electronic mail communicate directly to the customer or by posting the notice on to our Site.
2. All written notice or communication to the Service Provider by the Customer shall be directed to info@larus.net.
CHANGES TO TOS
1. The TOS may be updated and changed from time to time according to company’s policy and all customers shall refer to the latest applicable versions always exhibited on the Site. Notwithstanding anything else to the contrary, the Service Provider shall be entitled to modify these TOS at its discretion at any time, and the customer has the duty to read the same from the Site and shall be deemed bound without the need of prior notice from the Service Provider.
2. Notwithstanding Clause 8.1, any modification shall apply prospectively only and shall not retroactively affect (i) any Payment Term already paid for or accrued prior to the effective date of such modification, or (ii) any renewal entitlement accrued prior to such effective date.
LIABILITY AND INDEMNITY
1. The Service Provider is not liable to the Customer in contract, tort or otherwise in respect of claims brought by any third party.
2. The Customer hereby agrees to use the Service at its own risk. The Customer agrees to indemnify and keep the Service Provider indemnified against all actions, claims, demands, proceedings, notices, losses including consequential losses, damages, costs and expenses attributable to or arising from the willful conduct, omission, negligence or any other act attributed by the Customer, its agents, servants and/or employees.
3. Once the IPv4 addresses are allocated, the Service shall commence on a fixed term based on the IPv4 allocation date until the end of the fixed Term. The Service Provider shall not be liable to the Customer for any service disruption on the IPv4 Service arising from the Customer’s default in payment or any other default on the part of the Customer. In the event the Service Provider suspends or reclaims the IPv4 resources due to late or non-payment of fees of the Customer (provided that the late payment of fees shall not be more than thirty (30) days from due date), the Customer shall absorb its damages and losses arising from such suspension or reclamation at its own costs.
4. Following the above, and for the avoidance of doubt, where the Customer clears the late payment after the suspension of Service resulting in a resume of Service, the Service shall resume on “as-is, where-is” basis regardless of whether the IPv4 resources were fully utilized by the Customer during the suspension or reclamation period. The Customer’s obligation to pay shall not be contingent upon the Customer’s actual usage of the Service.
5. The Service Provider shall not be liable to the Customer and the Customer shall not have any claim against the Service Provider for any damage, injury, expense or loss suffered or incurred under any circumstances whatsoever arising directly or indirectly from the use of the IPv4 Address Block unless attributed to the Service Provider’s negligence or omission. Notwithstanding, the aggregate cumulative liability of the Service Provider for all claims whatsoever arising out of or in connection with this Agreement or the Service provided herein shall be limited to 10 ten percent (10%) of the yearly amount paid by the Customer to the Service Provider for the Service under this Agreement. The foregoing liability limitation is cumulative and not per incident.
DEFAULT AND TERMINATION
1. This Agreement shall be terminated on any of the occurrences of the following events: -
  1. the Customer fails to pay the Service fee or such other amount payable pursuant to this Agreement by the due and payable date and the continuation of such failure for a period of seven (7) days with or without notice provided by the Service Provider to the Customer;
  2. the Customer does not honour any cheque given by him in respect of any payments under this Agreement;
  3. the Customer fails to observe, keep or perform any other provision of this Agreement required to be observed, kept or performed by Customer;
  4. the Customer sells, parts with the possession and custody, transfers or otherwise disposes of the IPv4 Address Block to a third party;
  5. if the Customer alters, modifies or howsoever tempers with the IPv4 Address Block;
  6. the Customer does or cause to be done or permits or suffers any act or thing whereby the Service Provider’s rights in the IPv4 Address Block may be prejudiced; and
  7. the Customer commits any breach of its obligations or warranties provided herein.
2. This Agreement may be terminated by either Party giving immediate notice to the other Party on any of the occurrences of the following events:
  1. there is any execution or distress levied against the other Party assets or property;
  2. the other Party goes into voluntary liquidation or has a receiver appointed over the whole or any material part of its undertaking or assets; or
  3. the other Party becomes insolvent or enters into any composition or arrangement with its creditors in general.
3. In the event the Customer terminates this Agreement prematurely or causes this Agreement to be terminated by the Service Provider, due to, including but not limited to, the Customer’s overdue payment of the fee, the Customer’s non-compliance of RIR policy and/or the terms under this Agreement, or the Customer’s action or omission that causes damage or may threaten to cause potential damage to the Service Provider in any form (whether financially, reputationally and/or any other means) before the natural expiration of the Service Term, the Service Provider shall be entitled to claim with or without notice and the Customer shall forthwith pay to the Service Provider:
  1. the remaining balance of lease payments due for the unexpired term of the lease, calculated at the original price of the IPv4 Address Block stipulated under Schedule A; and
  2. the difference between the original price and the discounted price of the Service as communicated for the entire duration of the lease (“Differential Sum”).
4. Notwithstanding, this Agreement may be terminated with the mutual consent and agreement of both Parties in writing.
5. In the event where the Parties have mutually agreed to terminate this Agreement before the expiry date of this Agreement, the Service shall be automatically suspended and/or deactivated immediately without notice to the Customer and this Agreement shall be null and void and be of no further force or effect, and the Customer shall not hold the Service Provider in any way liable and shall not make any claims whatsoever against the Service Provider.
USE OF NAME AND LOGO
Customer consents to Service Provider’s use of its name and logo for the purposes of press releases and Service Provider’s client list (which may be published on its website, in printed materials, or displayed in Service Provider’s facilities).
RELATIONSHIP OF PARTIES
The relationship between the Parties is and shall be that of independent contractors. No joint venture, partnership, employment, agency, escrow, trust, fiduciary relationship or similar arrangement is created between the Parties. Neither Parties has the right or power to act for or on behalf of the other or to bind the other in any respect other than express provided for in this TOS.
ASSIGNMENT
Neither Party may assign its rights or interests or transfer its obligations under this TOS to any person, firm or company/entity without the prior written consent of the other Party.
NON-COMPLIANCE OF LAW
1. In the case where the Customer is unable to make payment as stated herein or there are any sanctions being imposed on the Customer and/or the country that the Customer is registered in or operates from, affects the obligations of either Party under this Agreement, the Service Provider shall be entitled to terminate the Agreement. The Service Provider reserves the right to suspend the IP addresses by giving the Customer (14) days prior notice. Any damage or loss suffered by the Customer due to the such suspension should be at the Customer’s cost and expense and the Service Provider shall not be liable.
2. The Customer represents to the best of its knowledge and belief and shall use reasonable efforts to procure that the Service shall not at any time be used for or in connection with any activity or transaction which may contravene applicable anti-money laundering, counter-terrorism financing, or other laws (“AML Regulations”). The Customer agrees to provide all the information necessary to enable the Service Provider to comply with AML Regulations. The Customer must use reasonable efforts to ensure that all funds received by the Service Provider in connection with the Services come from a legitimate source and otherwise comply with any policy determined by the Service Provider. The Customer agrees to promptly provide evidence of the funding source on request. If the Service Provider does not receive sufficient information to enable compliance to its satisfaction with relevant legislation or its policies, the provision of the Service to the Customer may be suspended or terminated without notice.
3. The Service Provider is required to act in accordance with any applicable laws and requests of statutory and regulatory authorities operating in various jurisdictions. These relate, among other things, to the prevention of money laundering, terrorist financing, bribery, corruption, actual or attempted tax evasion, fraud and the provision of financial or other services which may be subject to sanctions. The Service Provider may at its sole discretion take any action it considers appropriate to comply with all such applicable laws and requests which may include the suspension or termination of the Service without notice.
WAIVER
No waiver of any provision or consent to any action under this TOS will constitute a waiver of any other provisions or consent to any other action, nor will such waiver or consent constitute a continuing waiver or consent or commit any party to provide past or future a waiver or consent.
SEVERABILITY
If any provision of this TOS is determined to be illegal, invalid, or otherwise unenforceable by a court or tribunal of competent jurisdiction, then to the extent necessary to make such provision and/or this TOS legal, valid, or otherwise enforceable, such provision will be limited, construed, or severed and deleted from this TOS, and the remaining portion of such provision and the remaining other provisions hereof will survive, remain in full force and effect, and continue to be binding, and will be interpreted to give effect to the intention of the parties insofar as possible.
FORCE MAJEURE
The Service Provider shall not be liable for any failure or delay caused by events beyond its reasonable control, including RIR outages, banking/payment processor disruptions, sanctions, regulatory actions, cyberattacks, or internet infrastructure failures.
GOVERNING LAW
This TOS is governed by, and is to be construed in accordance with, the Hong Kong law. The Hong Kong Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this TOS.
INTEGRATION
This TOS contains the entire agreement of the parties with respect to the subject matter of this TOS and supersedes all previous or contemporaneous communications, representations, understandings and agreements, either oral or written between the parties with respect to said subject matter.
EFFECTIVE DATE
The IP addresses and Letter of Authorization will be provided after the first payment under the “Pay your bills” section of the Site has been successfully received by the Service Provider from the Customer; and the Service is deemed to start.