Welcome to IBC eAuction Portal ("the Portal"). By accessing and using the Portal, you agree to comply with and be bound by the following terms and conditions of use. If you disagree with any part of these terms and conditions, please do not use the Portal.
Acceptance of Terms: The use of the Portal is subject to the following terms of use:
a. The content of the pages of the Portal is for your general information and use only. It is subject to change without notice.
b. Your use of any information or materials on the Portal is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services, or information available through the Portal meet your specific requirements.
c. The Portal contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance, and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions.
d. Unauthorized use of the Portal may give rise to a claim for damages and/or be a criminal offense.
User Registration: In order to participate in auctions and access certain features of the Portal, you may be required to register for an account. You agree to provide accurate and complete information during the registration process and to keep your account credentials secure.
Auction Participation: Users may participate in auctions hosted on the Portal subject to the terms and conditions specific to each auction. Bids placed in auctions are binding commitments to purchase the item or service being auctioned.
Payment and Transactions: Users agree to pay for items won in auctions in accordance with the payment terms specified by the auctioneer. Payment processing services may be provided by third-party payment processors, and users agree to abide by their terms and conditions.
Privacy Policy: The collection and use of personal information on the Portal are governed by our Privacy Policy, which forms part of these terms and conditions.
Intellectual Property: All trademarks reproduced on the Portal, which are not the property of, or licensed to the operator, are acknowledged on the Portal.
Limitation of Liability: We shall not be liable for any direct, indirect, incidental, special, or consequential damages arising out of the use of or inability to use the Portal.
Indemnification: You agree to indemnify and hold us harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your breach of these terms and conditions or your violation of any law or the rights of a third party.
Governing Law: These terms and conditions shall be governed by and construed in accordance with the laws of [Jurisdiction], and any disputes relating to these terms and conditions shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].
User Conduct: By using the Portal, you agree to abide by the following guidelines:
a. You shall not use the Portal for any unlawful purpose or in any way that violates the rights of others.
b. You shall not engage in any conduct that could damage, disable, overburden, or impair the Portal or interfere with any other party's use and enjoyment of the Portal.
c. You shall not attempt to gain unauthorized access to any part of the Portal, accounts, computer systems, or networks connected to the Portal, through hacking, password mining, or any other means.
d. You shall not transmit or upload any material that is unlawful, defamatory, libelous, obscene, threatening, invasive of privacy or publicity rights, abusive, or otherwise objectionable.
Dispute Resolution: Any disputes arising out of or relating to these terms and conditions shall be resolved through arbitration in accordance with the rules of the American Arbitration Association. The decision of the arbitrator shall be final and binding upon both parties.
Modification of Terms: We reserve the right to modify these terms and conditions at any time without prior notice. Any changes will be effective immediately upon posting on the Portal. Your continued use of the Portal after the posting of changes constitutes your acceptance of such changes.
Termination of Access: We reserve the right to terminate or suspend your access to the Portal at any time, without prior notice, for any reason or no reason at all. Upon termination, your right to use the Portal will immediately cease.
Entire Agreement: These terms and conditions constitute the entire agreement between you and IBC eAuction Portal regarding your use of the Portal and supersede all prior agreements and understandings.
By using the Portal, you acknowledge that you have read, understood, and agree to be bound by these terms and conditions.