Venforo Terms and Conditions of Use Agreement
If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with the venforo Privacy Policy govern 321 Ridgeland Partners, LLC dba venforo's ("venforo") relationship with you in relation to this website. By accessing this website, you are agreeing to be bound by all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The term 'venforo' or 'us' or 'we' refers to the owner of the website whose registered office is the State of Illinois, United States of America. The term 'you' refers to the user or viewer of our website. The materials contained in this website are protected by applicable copyright and trade mark law.
User License
a. Permission is granted to temporarily download one copy of the materials (information or software) on 321 Ridgeland Partners, LLC dba venforo (“venforo”) for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not:b. This license shall automatically terminate if you violate any of these restrictions and may be terminated by venforo at any time. Outside-of-venforo transactions between parties resulting from contacts made from use of this web site are prohibited by venforo. Attempts to transact business outside-of-venforo or non-payment of certain fees due from use of this website may result in the suspension or further use of the website. Upon termination, your viewing of these materials or upon the termination of this license, you must destroy any downloaded materials in your possession whether in electronic or printed format. Unauthorized use of this website and/or non-payment of fees owed may give rise to a claim for damages and/or be a criminal offense.
Glossary of Terms
In this Agreement, the terms below will have the following definitions, unless specifically indicated otherwiseServices Offered by venforo
venforo provides an online service, in accordance with and subject to, the terms and conditions of this Agreement, whereby ("Services");You, as a user of the services, may use the services in the capacity as a seller, buyer or both a seller and a buyer. The terms and conditions of this Agreement will apply to your use of the services in either or both of those capacities.
Creating and Registering an Account
Use of Your Account and venforo.com
You agree that you will only use your account and venforo.com for the purposes of using the services and for no other purpose. In particular, in using your account and accessing venforo.com, you will not:Auctions, BuyNow and Incognito Sales
All activity as a buyer or seller in an auction, BuyNow or Incognito sale will at all times be governed by this Agreement. You agree that you are bound by the Terms of Use and will comply with all terms and condition of this Agreement as currently posted.Promoting an Auction, BuyNow and Incognito Sale
You may, as a seller, advertise your web based business or internet property for sale via an auction, BuyNow or Incognito sale. You may do so by publishing a listing on venforo.com and indicating at the time of placement whether the sale of your web based business or internet property will be by way of auction and/or Buy/Now sale or Incognito sale. Note that you cannot change the type of sale, listing plan or listing details once the listing has been published on venforo.com.Web Properties You Can List for sale on venforo.com
a. You must only list web based businesses or internet properties for sale which you own and which you are able to sell. By creating a listing for a web based business or internet property, you are warranting to venforo and to potential buyers that:
b. You may not place listings of web properties or businesses:
Auction,BuyNow and Incognito Sale Requirements
In listing your web based business or internet property for auction, BuyNow or Incognito sale, you agree to comply with the requirements in relation to auctions, BuyNow and Incognito sales as set out in the terms and conditions of this Agreement.
a. When you list your web based business or property for auction or sale:
b. You are not required to sell your online business or internet property to any particular buyer using an auction, BuyNow or Incognito sale. However if you do elect to sell your web based business or internet property to a particular buyer via a BuyNow or Incognito sale, then you agree that you must effect the sale and transfer of that web based business or internet property to the buyer in accordance with the terms and conditions of this Agreement.
Conduct of Buyers
As a buyer, you may place a bid to buy an online business or internet property listed by a seller via venforo.com. Your bid to buy must be submitted via the venforo.com auction software application platform. All offers to buy a web based business or internet property listed for sale on venforo.com must be made in accordance with the terms and conditions of this Agreement.
What must be sold as part of a web based business or internet property
Any web based business or internet property listed for sale on venforo.com must offer for sale:
a. all files contained in the web based business or internet property including html code, other source code, logos, images, music, animation, films and other media unless specifically indicated otherwise in the listing details;
b. all domain names for the web based business or internet property which must be available for transfer to the buyer;
c. all assets listed and published by the seller on venforo.com as included in the sale; and
d. if specified in the listing, the seller's rights and obligations related to Third Party Agreements
Legal Relationship Between Buyers and Sellers
Legal Status of Agreeing to sell a web based business or internet propertya. A bid to buy a web based business or internet property, whether made in a BuyNow or Incognito sale or in an auction, is binding and irrevocable on the buyer.
b. In the case of an auction, the bid to buy a web based business or internet property will terminate once a higher bid is made by a third party.
c. In the case of a BuyNow sale, the bid to buy a web based business or internet property will terminate the auction once the bid to buy is placed at the BuyNow price as specified in the listing by the seller.
Listing Exclusivity on venforo
You agree that if you, as a seller, purchase a listing of a web based business or internet property for sale on venforo.com, then, for the listing period of that auction or sale, you will not market or promote or offer to sell the web based business or internet property, through any other third party service or make direct approaches to potential buyers outside venforo. The purpose of this restriction is to avoid you potentially entering into agreements to sell your web based business or internet property to multiple buyers at the same time and to help provide buyers that should they bid to buy the web based business or internet property from you on venforo.com, they will obtain complete ownership to the web based business or internet property. You acknowledge and agree the purpose of this exclusivity for listing your web based business or internet property on venforo.com.Venforo's Role in Relation to Buyers and Sellers
Venforo provides auction application software and a website to facilitate:a. the conduct of business between sellers and buyers;
b. sellers to publish listings to promote their web based business or internet property for sale; and
c. sellers to carry out auctions, BuyNow or Incognito sales of their web based business or internet property.
You acknowledge and agree that:
a. venforo does not facilitate payments between buyers and sellers;
b. venforo does not conduct auctions or sales on behalf of sellers. All auctions or sales are conducted by sellers on their own behalf;
c. venforo is not an auctioneer;
d. venforo does not guarantee and that a buyer or seller will actually complete a sale of a web based business or internet property or act lawfully in their use of venforo.com; and
e. venforo provides the software application platform and website (venforo.com) by which seller's may conduct their own auctions, BuyNow or Incognito sales.
You acknowledge and agree that:
venforo is not a business broker, does not represent any third party in transactions resulting from use of this website, nor do we handle funds or the transfer of assets. You acknowledge and agree that venforo is an independent service provider and is not the employee, agent, partner, subcontractor of any seller or buyer in relation to the sale of a web based business or internet property listed for sale on venforo.com.
You agree that:
you do not have the power to bind venforo to any obligation owing to a third party. You agree that by using the venforo software application and website (either as seller or buyer) that venforo, in enabling your access to venforo.com, is providing a platform for you to meet other sellers or buyers. venforo is not a party to any transaction or agreement between any seller or buyer and is not responsible for any act or omission of any seller or buyer.
Payments
Fees payable by a sellera. When you, as a seller, publish a listing for the sale of your web based business or internet property on venforo.com, you will pay venforo the listing and closing fees which relate to the setup and publishing of the listing and the sale of the your web based business or internet property.
b. The fees will be payable at the times specified by venforo on venforo.com and are subject to change at any time without prior notification.
c. From time to time venforo may offer sellers a special promotional coupon code for all or part of its fees. These codes are issued solely at the discretion of venforo.
d. Fees may be paid using a valid credit card, bank check or money transfer or any other method of payment specified by venforo from time to time.
e. The obligation for payment of the closing fee will be waived or payment refunded if the winning bidder fails to fulfill the obligations of a buyer of the auction due to lack of payment to the seller AND the listing of the web business or internet property in questions is re-listed for sale on venforo within 30 days.
Processing of Refunds
If venforo issues you a refund, that refund will be paid to you using the same payment methods used to pay any fees to venforo or via any other method venforo chooses from time to time. venforo may refund an amount of any venforo fees paid by you if venforo is required by law or considers that it is required by law to do so. venforo's determination as to whether a refund is to be paid is conclusive and final and may not be challenged by you.
Removal of a Listing
If you, as a seller requests early termination or removal of a listing prior to expiration of the listing period then, unless otherwise provided a written statement by an authorized employee of venforo to the contrary, there will be no refund of any amount of the seller's fees paid in respect to the listing and sale of the web based business or internet property for sale on venforo.com.
Suspension of Your Account and Use of venforo.com
Without limiting venforo's other rights under this Agreement, venforo may suspend your account and your use of the venforo.com website, with or without notice to you, and for any reason in its sole and absolute discretion, including if:a. venforo considers that you have breached any of your obligations to venforo under the terms and conditions of this Agreement;
b. venforo considers that you are using your account in bad faith or to collude in any way to reduce the amount of fees that would ordinarily be payable to venforo;
c. you are using your account and the venforo.com website including private and public communication for illegal or fraudulent activity or in a way which venforo in its sole discretion considers offensive, unlawful, harassing, defamatory, abusive, threatening, harmful, vulgar, obscene or otherwise objectionable;
d. in venforo's sole discretion, your use of the venforo.com website is resulting in an abnormal load on venforo's servers or venforo's other services;
e. if a notice of a claimed copyright infringement has been lodged against you,
f. if venforo has reasonable grounds to believe that you are a serial infringer of copyright or other Intellectual Property Rights.
You agree:
a. venforo may suspend your account and use of the venforo.com website at any time including without limitation, during or after a listing period;
b. venforo's suspension of the services may, in venforo's sole discretion, apply to only some of the venforo.com service and/or for a fixed or indefinite period of time; and
c. venforo may in its sole discretion reactivate your account and enable access to venforo.com for you at any time following suspension;
d. you may not make claim to withdrawals or for refund of any venforo fees during any period of suspension of your account. Further, venforo may in its sole discretion retain the balance of all fee payments in your account towards compensating venforo for any loss and damage it may have suffered as a result of your breach of this Agreement which lead to the suspension of your account and use of venforo.com.
e. During a suspension of your account, any listings may be suspended or terminated as determined by venforo in our sole discretion.
f. To allow venforo from time to time to monitor public comments and private messages to ensure compliance with website rules and/or the Terms of Use Agreement.
Term and Termination
This Agreement will commence on the date that you first register for an account with venforo and will terminate at the later of the date that:a. the account is terminated or closed; or
b. you otherwise permanently cease using the venforo.com website and software application platform.
If, after termination of your account, your account is reactivated or a new account is created, or you otherwise recommence to use venforo.com, then you will again become bound by this Agreement at that time.
This Agreement and your account may be terminated by venforo at any time for any reason whatsoever with or without notice to you. This Agreement may be terminated by venforo immediately on written notice including electronic mail to you:
Upon the termination of this Agreement:
a. any listings which you have published on venforo.com will instantly terminate and be removed;
b. venforo will withdraw the use of venforo.com and its services from you;
c. venforo may withhold a reasonable portion of any amount payable to you (with such amount to be determined by venforo in its sole discretion) on account of credit card charge backs, refunds, payments due to third parties on your behalf (if any) or other costs and expenses which may be incurred by venforo following termination (including as a result of a breach by you).
Indemnity
You indemnify venforo, its agents, officers, employees, and Third Party Providers ("Indemnified") against any loss, cost, expense or damage (including legal costs on a full indemnity basis) which any of the indemnified suffer or incur as a direct or indirect result of:a. any breach by you of any representation, warranty or term of this Agreement;
b. any breach by you of your obligations to a third party, including another seller or buyer;
c. any infringement by you of the rights of a third party including Intellectual Property Rights; and
d. any legal proceedings threatened or initiated against venforo by a third party as a result of the events.
Disclaimer
The materials on venforo's website are provided "as is". venforo makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, venforo does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the third party postings, data, information or materials on its internet website or otherwise relating to such materials, information or on any sites linked to this site. Any reliance you place on such information is therefore strictly at your own risk.Limitations
a. In no event shall venforo or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the information, data and material on venforo's website, even if a venforo authorized representative has been notified orally or in writing of the possibility of such damage. Every effort is made to keep the website up and running smoothly. However, venforo takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.b. venforo is not a business broker, does not represent any third party in transactions resulting from use of venforo.com, nor do we handle funds or the transfer of assets. It shall be your own responsibility to ensure that any services provided meet your specific requirements.
c. venforo is not an escrow service and does not hold property on behalf of any person. All amounts deposited or paid to venforo are the property of venforo and venforo may use those funds as it determines to be necessary.
d. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.
Force Majeure
You agree that venforo and its Third Party Providers will not be liable or responsible for any failure in, or delay to, use of venforo.com. venforo complying with its obligations under this Agreement, where such failure or delay has arisen or is anticipated to arise as a direct or indirect result of:a. denial of service attacks, telecommunications failure, hardware failure or the failure of software provided by a third party to function in accordance with its specifications;
b. fire, earthquake, storm, flood, hurricane, inclement weather or other act of God, war, terrorism, explosion, sabotage, industrial accident or an industrial strike;
c. a significant demand is placed on venforo's services which is above the usual level of demand and which results in a failure of venforo's software and hardware to function correctly;
d. the failure of any third party (including without limitation, any bank or other financial organization) to fulfill any obligations to venforo; or
e. any other circumstances or events which are beyond the reasonable control of venforo or the Third Party Provider.