Terms and Conditions
Article1. Introduction
1.1. LLC. „Business Trade“ (registered in accordance with Georgian legislation, Identification code: 445636410. Addres: N107/39 Ilia Chavchavadze str., Batumi, Georgia, commercial premises N13; email: [email protected]) possesses and manages the website - BT.GE, enabling purchase, sell, lease/rent of a business (asset), becoming a business partner or making investments into business;
1.2. While using the (bt.ge) website Users/Parties are guided by the presented document, where all the basic rules that operate in the process of obtaining information, registration and business trading on the site are described;
1.3. In addition to this document, terms of use and procedures for individual products and operations described in various sections of the website, are valid in conjunction with this document, and in case of misunderstanding or information conflict, the rules described in target sections of the website shall prevail.
Article 2. Definition of terms
Terms and Definitions used in a Website Terms and Conditions document have meaning outlined below, unless the context clearly indicates the otherwise:
2.1. Profile (personal account) – denotes an account registered by the user on the site;
2.2. Authorization - denotes a User’s access to a personal account, defined by Terms and Conditions;
2.3. Terms of Use – rules together with all other rules/conditions, being considered by an appropriate reference as the part of these Terms and Conditions, and regulating the issues connected to User’s access to the website and its use, among them, consearning about any content, function and product, offered on or through the Website/App;
2.4. Website – defines the webpage - bt.ge, owned/operated by the company;
2.5. Company - BT.GE. We, our - defines LLC. „Business Trade“;
2.6. Company service – standard and exclusive sernvices, posted on the website - bt.ge (purchase, sell lease/rent of business (assets) as well as partnership in business, investment in business, etc.);
2.7. Standard services – services, enabling users to post/search for announcement about purchase/sell, lease/rent of business assets, so as demand/concession rights of business (shares), purchase/sell of the permits/licenses, as well as online auction/trading via website. In case of standard services thee company represents neither User’s nor Seller’s party;
2.8. Exclusive services – are services, obtained by the Users on the basis of the document (application, confirmation, agreement, email communication) individually signed with the company. Exclusive service defines the personal assistance of the company business broker, when in accordance with the customer’s interests, business broker in cooperation with the whole team of the company, works exclusively in direction of purchase/sell, lease/rent of business assets, partnerships in business and/or investments into business;
2.9. User, Users – any individual or legal entity, who will purchase or offer an asset or service, is searching for a partner/investor, and/or becomes a partner/ investor, by means of services of the company websaite;
2.10. Party, Parties – defines the seller, the buyer, the partner, the investor, company and its users mentioned individually or collectively;
2.11. The seller/owner (further mentioned as the “seller’) – the user, who represents any entity (individual/legal entity/ association of individuals) and who personally or through standard and/or exclusive services of the company carries out the realization of the asset;
2.12. The Buyer – the user, who represents any entity (individual/legal entity/ association of individuals), and who personally or through standard and/or exclusive services of the company carries out the purchase of property/asset;
2.13. Property – property/asset owned or legally possessed by the “Seller”, which is posted on the website for being sold/rent (leased) and/or is being exclusively sold/rented by the company;
2.14. Online auction – the online auction service of the website, which enables the parties within participation/bidding at the auction to purchase/sell the property/asset;
2.15. Auction conduct - organization of an online auction through the website by the company aimed at the realization of the property, in accordance with the wishes of the seller;
2.16. The bidder - the user of the auction, who participates in an online auction organized on the website, for the purpose of buying the property;
2.17. The offer/bid – offer of the price set for the property placed for realization by the bidder at the electronic auction (e-auction);
2.18. Reserve price - the minimum price of the property set by the Seller in the frames of an e-auction;
2.19. Final bid price – the final bid submitted by the bidder at the auction;
2.20. To post an announcement –posting a property/asset on the website in accordance with the wishes of the Seller for direct sale or realization via online auction;
2.21. The third party – any individual except the parties;
2.22. Prepayment/Guarantee amount - the amount of guarantee paid by the User, to ensure the obligation for participation in the auction;
2.23. The lot – an announcement posted by the Seller in the frames of an e-auction not being the subject to division;
2.24. Starting price – the initial trading value of the property set by the Seller in the frames of e-auction;
2.25. Electronic signature (e-signature) – clicking the consent button at the website, signing via e-mail, and/or exchange of a signed scanned document between parties via e-mail or any other online application;
2.26. Online trading – e-purchase/disposal of the property, search for a partner into business, and investment into business through online services of the company website;
2.27. Service fee – fee for services provided by the company to the parties;
2.28. Offer – announcement about the property/asset offer posted on the company website;
2.29. Contact information – phone number, and/or mobile number, and/or e-mail address;
2.30. Operation – any action performed by the Parties by using their profile (personal account), and while connecting their profile (personal account) and/or other services (e.g. posting an application, realization (sale), purchase, send a note/express the compliant, use of the company services, change of specific details, etc.);
2.31. Access code(s) - codes, passwords, user name, identification code, universal identifications, and/or any other type of a confidential information, which the Parties might be provided with by the company, for having an access to various services.
Article3. Applications and guarantees of users/parties
3.1. User/Party participating in the process of reading, using an information posted at the website, carrying out operations, posting an application, providing communication, exchanging a document, and business trading is able to:
A) Be free in his choice whether to use or not the company website, and does it in accordance with his personal viewpoint, discretion and risk. Is a sui juris person (reached minimum18 years of age), or in accordance with Georgian legislation is an authorized legal entity, having read the given document, agrees to it, and is acceptable for him;
B) Is not under the influence of any narcotic, alcoholic, psychotropic or toxic drugs, is not under the influence of any error, fraud, preassure, threats or any other illegal influence, nor is the victim of any violence, threats, deception, misleading or any other prohibited acts. Is fully aware of the content of will expression and the legal consequences arising from it;
C) Has the full authority (or will receive an appropriate authority) to fulfill all the functions depicted in various sections of the website provided by this document of Terms and Conditions;
D) All the information/materials provided are not fake (false), inaccurate, misleading, and/or libel. Is not engaged or participated in any type of illegal activity (including money laundering, gunrunning, terrorism or any other illegal activities);
E) While log in his personal account (profile), before and after in the process of fulfilling various operations, his actions and/or activity is/will be in correlation with local and/or international legislation;
F) His actions are not/will not be aimed at deceiving the company and/or any third party. Considering the above mentioned principle, any document, photo, video-audio material (if any) and/or information provided by him to the company, is/ will be infallible, accurate, and complete, by the time of its provision;
G) Undertakes to conscientiously, fully and thoroughly fulfill the obligations specified in the present Terms and Conditions, as well as in various sections of the website;
H) Agrees to fact that, the company will perform search/verify and process any information, including personal one, and/or universal identificators provided by or connected to user, in the frames of his consent given to company, after he logs in his account (profile);
I) Immediately informs the company in writing of any circumstance(s) that may be contrary to the statements made by him and/or result in a breach of the stated guarantees;
J) The website design, software package, core program code, software and other materials are subject to copyright and other intellectual property rights and are therefore subject to protection;
K) Will not use any software equipped with artificial intelligence, connected to the use of the service;
L) Will not transfer the personal account and ID of the website to a third party without the company consent;
M) Will not spread or post spam, unsolicited/harmful e-communications, chain letters or pyramid schemes;
N) Will not take any action violating the company's privacy policy and stated Terms and Conditions of use of the website;
3.2. The company starts cooperation with the Parties (application, consent, contract, e-mail communication) based on the statements, guarantees and obligations given in these Terms and Conditions and considers them as working conditions. Accordingly, since the cooperation start, the violation of the statements, guarantees and obligations stipulated in this article is a sufficient reason for the company to unilaterally refuse to provide all services.
Article 4. Registration at the website, create an account (profile)
4.1. Creation of the account (profile) and registration is made at the website: bt.ge in a registration window, where all the given fields must be filled out and marked with - "I agree to the Terms and Conditions and the privacy policy";
4.2. By creating personal account (profile), User/Party declares and guarantees, that by opening a personal account (profile) he does not violate any law, regulation or rights of the third parties, takes responsibility to protect the interests of the company and undertakes obligation to compensate the company for any damages (if any) caused as a result of the violation of the requirements set forth in this clause;
4.3. By registering at the website the User/Party confirms, that:
A) It is known for him, that the exclusive services of the company might not be available for him, and thus he will not have any complients about that;
B) Authorizes the company to share any data of User/Party with the Revenue Service of the Ministry of Finance and/or request the data of User/Party from them either;
C) Has read and agrees to given Terms and Conditions, and privacy policy;
4.4. When registration is made, the User/Party indicates all the information in his profile (hereinafter referred to as „personal account/profile“) in accordance with the rule described in this section, in the manner specified in this clause;
4.5. The company is not responsible for accessing any information posted and/or any actions performed at the website by any unauthorized individual. When registering, the User/Party has the right to indicate the account number onto which he wishes the funds deposited in his favor through the company’s website to be transferred to. The User/Party has the right to change the specified account number at any time. The accuracy of the account number rests entirely under the responsibility of the User/Party;
4.6. To finish the registration process and to activate the personal account (profile) of the User/Party the clause, expressing his conscent to Privacy Policy and presented Terms and Conditions must be mandatory ticked;
4.7. When registration, the User/Party is authorized to use the services posted at the website and/or offered by the company;
4.8. In terms of safety and security of the personal account (profile) the User/Party, takes an obligation to keep safely the access codes of his personal account (profile) and never disclose them to third parties; At the same time, in terms of safety, the company recommends the User/Party, to choose a strong password, composed from combination of numbers, various symbols, and letters and periodically ensure its updating;
4.9. The User/Party takes the full responsibility upon any activity performed within his account. In case if the individual undergoes the access to the User’s/Party’s account on behalf of other person’s name and direction, it is meant that, this individual has sufficient authority, to impose certain obligations on the User/Party. The company does not take responsibility for any damage caused by a third party accessing the User's/Party's account;
4.10. The User/Party is obliged to ensure the accuracy of the information posted on his personal account (profile) and its updating. The company takes no responsibility on any damage, caused by not fulfilling the abovementioned obligations by the User/Party. The company is authorized, at any time demand the confirmation of the information accuracy from the User/Party by providing relevant documents or any other evidences;
4.11. The User/Party is authorized to demand the closure/cancellation of his personal account (profile) at any time.
Article5. Information (identification) about the account (profile) is presented by
5.1. Name – one of the authentication parameters, which is unique and is established by the e-mail address, pointed while registration process, or any other parameters defined for user by the company;
5.2. Password – one of the authentication parameters, which is defined by the User himself, while registering at the website;
5.3. Mobile number – the phone number, by which the User/Party receives one-time access codes and one-time passwords (if any), to perform operations determined by the services of the company, so as the messages from the company regarding the company services;
5.4. Personal or identification number of the User/Party, which is unique and is used in terms of identification of the User/Party;
5.5 E-mail address of the User/Party – e-mail address, by which the User/Party receives access codes and passwords (if any), to perform operations determined by the services, so as the messages from the company;
5.6. In order to improve the service and/or security, the company may determine additional or other identifiers of the User/Party, about which the user will be notified additionally.
Article6. Authentication
6.1. When registration and verification of the account/profile, the User/Party undergoes authentication process, enabling him to use the website.
6.2. Authentication is carried out through email address and password registered by the User/Party.
6.3. When authetintication on the site, the User/Party is authorized to connect the webpages of social network(s), including, (facebook, google+)to his personal data, and use his personal social network account to access the application, if such is technically achievable.
Article7. Prohibited operations
7.1. It is strictly prohibited providing the company with, distributing and promoting the information, related to drug substances, firearms and any other ammunition, pornographic materials, pyramid schemes or other illegal get-rich-quick schemes for posting at the website.
7.2. It is strictly prohibited to provide the company with the information and put up for sale at the website the property/asset that does not meet the applicable requirements established by Georgian legislation at the time it was posted, or the sale of abovementioned property/asset in this form is prohibited by the applicable legislation of Georgia;
7.3. The company reserves the right to increase or decrease the list of afore mentioned prohibitions at any time, and will notify the User/Party about changes made, via email.
7.4. In case if, the User/Party will or attempts to carry out operation violating the prohibitions specified in this article, the company reserves the right to:
A) Terminate or chancel the operation carried out through the personal account of the User/Party, and/or remove the dubious property from the site until the defect is eliminated;
B) Terminate cooperation with the party and/or block/delete the account (profile) of the User/Party from the website;
C) Demand for compensation of damage.
7.5. In case the profile of the User and/or application is blocked at the website or other restrictive measures are taken, the paid service indicated for the application is cancelled, and the sum paid for its purchase is not returned to the user. No transfer of paid services from one application to another is fulfilled either.
Article8. Scope of exclusion of company liability
8.1. We carry out the service providing in accordance with terms described in Terms and Conditions. The liability of the company extends to an intentional, culpable breach of the company obligations and implies the compensation duty for direct damage (if any) resulting from abovementioned breach.
8.2. We do not guarantee that the website and/or services will always be available, or will not have any software malfunctions, viruses, or other defects. The company shall not be liable to you or any third party, in case of any change in the website services, suspension or termination, nor shall the company be responsible if the website services do not operate properly, loss or damage of data, contacts/lines illegal use of website or its content by third parties, or in case of any circumstances beyond our control.
8.3. The company shall not take liability for:
A) The content of the information provided by the User/Party to be posted at the website, for the description of the property, for the accuracy of the description of the property under the sale, its property and legal flaws, and on any direct or indirect damage caused as a result of the sale of such a property;
B) Any damage caused by the failure to fulfill or default on obligations of a Party and/or User, including, default on obligations undertaken by any party of the bargain, after assuming the bargain;
C) Information provided in advance on the determination and payment of an operation, liability or tax liability arising from a possible or concluded bargain between the parties;
D) The availability of rights, permits/licenses, certificates for property posted on the website, if the availability of afore mentioned documents is provided by the relevant legislation;
E) Establishment of further communication between the user and the party and/or its results;
F) The quality, safety, legality accordance with description of the information provided by the User/Party, to be posted on the website, so as the activities performed by the Seller through the website;
G) The damage caused to the third party by the User and/or the Party;
თ) The outcomes caused by the technical problem/suspension independent of the company team on the website;
H) Direct or indirect damage caused by the Seller in case of termination, cancellation or change of auction conditions for any reason;
I) The outcome/damage, caused by the termination/cancellation of any operation (cancellation/termination/non-payment for auction/order, etc.) performed by the Seller, the Party or the User;
J) The outcome caused due to the violation by Seller of the rules of user rights, defined by the current legislation of Georgia on protection of the rights of the User/Party in relation to the User/Party (if the Seller is not a company);
K) The applications provided by the User/Party to be posted on the website, if they violate the copyright or related rights of the third parties;
8.4. The grounds for the exclusion of the company's liability provided for in this paragraph do not apply to the case when the company provides exclusive services, the company itself sells the property, the company organizes an auction and/or the agreement between the company and the parties (application, confirmation) regulates the issue differently from the present document.
Article9. Posting application at the website
9.1. To post the application at the website, the Seller/User uploads the information in specific section of the website and/or sends/clarifies it with the authorized representative of the company via email, with domain - ///@ bt.ge;
9.2. In the process of posting an information at the website the company remains the right to clarify any information, demand from the party defining the documents, providing original copies, rectification of the information, providing photos/videos of better quality, and performing of all the activities, essential for applications to be post in accordance with established standards at the website;
9.3. The company does not take a liability in case of any legal and/or material deficiency of the property/asset, specified in the application, whereas the Seller/User confirms his liability for any claim related to the legal and/or material defect of the property/asset, specified in the application/information provided by him, and/or due to non-fulfillment of other obligations defined by Georgian legislation related to the results of business trade;
9.4. The party to the application is indicated on the application posted at the website. In particular, if the party to the application conducts negotiations and directly participates in trading process, the contact of the party and reference to this is indicated at such time. When the party to the application is a company, the relevant reference to the company is indicated on the application.
Article10. Validity period of Terms and Conditions, termination and cancellation of the account (profile)
10.1. The validaty of the document comes into force from the moment the User/Party registers on the site and is remains valid until the registration/account (profile) of the User/Party is cancelled;
10.2. The User/Party is obliged, regardless of the cancellation of the registration/account (profile), to ensure the terms of the bargain concluded as a result of the use of website services before this fact occurs;
10.3. The User/Party is authorized to demand in written the account (profile) closure and data deletion any time, by sending from User/Party email, registered at the company website to the company email address ([email protected]). Until requesting account (profile) closure, the User/Party must fulfill all the obligations and no current debt or obligation must he have towards the Seller/Buyer/Company/Party;
10.4. The right to delete personal data is determined by the current legislation of Georgia on personal data protection. The company removes personal data using methods such as encryption and pseudonymization. The User/Party, in turn, must clear the cache, cookie files and history from each browser used to access the company account;
10.5. Within 10 working days since the request upon cancellation of the account (profile) registration is made, the company will perform the request: close account (profile) and delete the data;
10.6. The Company will not close, delete or retain an account/data of the Party in the following exceptional cases:
A) The current debt/obligation the Party has towards the Company/Seller/Buyer/Party;
B) Data associated with the account is necessary for the purpose of detecting/preventing/mitigating or investigating fraudulent or other illegal activities;
C) Data associated with the account is needed to respond to complaints and finding ways to resolve them;
D) Availability of order/decree/decision from the relevant authorized body to maintain/store data related to the account;
10.7. If the company is unable/fails to delete the data for any of the above reasons, it will be stored/protected in accordance with the personal data processing policy defined by the legislation of Georgia;
10.8. Along with the cancellation of the personal profile, based on the request from the Party, the amount of positive balance remaining on his account (if any) will be returned. The amount will be returned within 30 (thirty) calendar days from the date of the request submission and confirmation by the Company in a way, that enables the Company remains the right to withhold the debt for payment for the Company services (if any).
Article11. Governing Law and Dispute Resolution Procedure
11.1. This document is drawn up and interpreted in accordance with the legislation of Georgia;
11.2. All disputes arising from this document between the parties will be resolved through mutual negotiations. If negotiations are to be unsuccessful, the dispute will be considered by the Tbilisi City Court.
Article12. Privacy Policy
12.1. Please carefully read the privacy policy. By clicking the registration button at the website and while using it, you confirm that you have read and agree to the privacy policy, as well as all the Terms and Conditions of the website;
12.2. The Privacy Policy addresses unauthorized access to personal data and mechanisms operated in the Company through which the Company protects and processes your personal data;
12.3. The Company takes the utmost care about security and non-disclosure of your personal data, but due to the fact of providing your data remotedly is not encrypted, the Company does not take liability for unauthorized access to your data by third parties, during providing process of aforementioned data.
Article13. Fraud/Suspicious Incident Reporting Procedure
13.1. In case of detection of fraudulent or suspicious operations at the website, please contact the Company at the email address: [email protected];
13.2. If you believe that your personal account login information, password or other security code(s) or modes of use have been stolen, lost, illegaly appropriated, used without permission or otherwise appropriated, contact the Company immediately (at [email protected]), then change and replace promptely the security codes with new ones. Failure to comply with the above obligation will jeopardize the security of your personal account (profile), in such a case, the Company doesnot take liablity for any type of damage caused by an incident.
Article14. Communication
14.1. Contact the Company by email: [email protected] to fix any issue.
Article15. Auction
15.1. The General rules for using online auction service by the Seller
15.1.1 In accordance with the rules set forth in this article, an individual registered at the website (bt.ge), provides the Company with information/application about the property/asset to be sold in the form of auction.
15.1.2. In the process or after receiving the information/application, a contract is signed between the Company and the Seller/Pparty, defining procedures, the price, conditions, property characteristics of the property/asset to be sold in the form of auction, so as the email official address of the the Seller/Party, where the Company clarifies/receives confirmation from the seller concerning any details/information of the property/asset to be sold;
15.1.3. The application about the auction is posted by the Company, after the contract is signed between the Company and the Seller/Party, and all necessary information/documentation, photo/video materials about the property/asset to be sold are being electronically exchanged and after receiving the final confirmation from the Seller/Party (in written to the email address of the Company);
15.1.4. The asset offered for the auction must be owned by the Seller, or the Seller must have legal authority/viracious authority to dispose the property. The right for the ownership of the property and/or the right of its disposal must be proved by The Sseller himself;
15.1.5 When the Company receives an informaion on the property/asset to be sold in the frames of online auction, and makes the Lot placement of the property/asset, the cancellation of the aforementioned auction or demand for change of any conditions is strictly prohibited, if the auction process for the proposed property (Lot) has already been started, and the fact of paying the guarantee ammount/ pre-payment for participating in the auction has been occured from at least one buyer. In case of violation of this condition of the auction rules, the Company reserves the right to impose a fine on the Seller in the amount of 5% of the price offered for sale of the property/asset for the first time, and to double the amount of fine for each case of violation. The Seller takes the liability in front of the Company including, for cancelation of online auction and/or change of conditions, as well as for any damages caused by such actions.
15.2. Terms of conducting an online auction and participation of the User
15.2.1 Any User has the right to participate in the anounced online auction and purchase the property according to a particular Lot, after registration and authentication at the webside;
15.2.2 The bidder, wishing to participate in the e- auction, must pay and submit the guarantee amount/pre-payment separately for each property. The guarantee amount/pre-payment is transferred to the Company account, on the account details specified in the description of the subject on a particular Lot. The guarantee amount/pre-payment is determined for each Lot individually, by the Company. The guarantee amount/pre-payment will be included in the final payment bill of the buyer;
15.2.3 The number of bidders willing to participate in the auction is not limited. The identity of other bidders is hidden from the participant. Users are strictly prohibited from participating in an auction as a bidder for the purpose of artificially increasing the price of the property and creating a situationof false competition;
15.2.4 At the page of the specified Lot the users are able to view the information about the property description, conditions of the auction and its progress and set their own price, taking into account the established bid. Setting the price by the auction participant is considered as his consent to purchase the said Lot at a given price. The price can be set by increasing the corresponding bid in a desired multiple. Each subsequent rise in price/bid increases the price of the property being sol;
15.2.5 The winner of the auction is the bidder, who will be the last among others to manage setting the highest price for the bid, before the end of the auction. The auction is announced to be finished, as soon as the auction duration period is expired. If a bid is made by any participant within 2 (two) minutes remaining before the expiration of the e-auction period, the e-auction period shall be extended by the next (two) minutes and shall continue until the end of the auction trading;
15.2.6. After the end of the auction, the winning bidder receives an email with notification about: the price to be paid for a purchased Lot (the price, determined at the end of trading), payment time and other procedures;
15.2.7 The winning bidder in the e-auction, transfers the value for the purchased property to the company account (indicating a specific purpose);
15.2.8. Violation of the payment term is not allowed. In case of payment term violation, the auction results will be cancelled, and the guarantee amount/pre-payment paid by the bidder in advance, shall not be eligible for returns any longer (the given amount remains with the company as a service fee and compensation for damages);
15.2.9. The guarantee amount/pre-payment paid by the winning bidder will be included in the final payment, whereas the guarantee amount/pre-payment of all other bidders will be paid back to their account within 5 (five) working days after the end of auction;
15.2.10. The company ensures the transfer of the value of the property sold as a result of the auction to the seller, minus the Company service fee and bank transfer commission,within 5 (five) working days after the value of the property purchased by the bidder/buyer in the auction is transferred to the company account;
15.2.11 In accordance with the results of the auction, the issues related to the alienation of the property between the winning bidder/buyer and the Seller, including and not only the organizational issues related to the registration of the transfer of ownership rights to the alienated property (purchase agreement) in the National Agency of the Public Registry, are regulated by the company;
15.2.12 The company acts as the Seller's financial agent when settling the value of the property purchased at the auction by the successful bidder/buyer. The bidder/buyer's obligation to fully pay the value of the purchased property to the seller will be considered fulfilled from the moment when the value of the property purchased by the winning bidder/buyer at the auction and the commission charged on it (if any) are fully reflected in the relevant bank account of the company.
15.3. Fee for using the online auction service and payment method
15.3.1. The company service fee for using online auction service is determined by the contract for the provision of services on exclusive terms, concluded between the parties;
15.2.3 The online auction fee will be trensferred by the winning user (buyer) to the company's account from the value of the property subject to the conditions specified in subsection 15.2.10.
15.4 Company rights
15.4.1 The Company has authority to terminate the auction or cancel the results of the auction at any time due to technical problems, any errors, inaccuracies, unlawful actions of the User or third parties or other reasons. The company does not take liabilityle for the consequences caused by the termination/suspension of the auction in the cases provided for in this paragraph;
15.4.2 The Company reserves the right to hold a re-auction, in order to protect the interest of each customer, in case of cancellation of the auction for any reason;
15.4.3 The Company does not take liability for the consequences caused by the termination/suspension of the auction by the Seller, or on results caused by any change of the auction terms;
15.4.4 The company provides an auction related information to any person participating in auction onto the email address specified while registration at the website, and will be considered as legal notification of the information.
Article16. Paid services of the Company and User/Party Personal Balance Management
16.1. In case of using paid services of the company, the Seller/Buyer/User/Party shall reimburse the company for the service fee in accordance with the existing agreement between the parties (application, confirmation, email communication);
16.2. The service fee of the company can be paid in different ways:
16.2.1. The User pays the fee for posting an application at the website by cashless payment based on the invoice provided by the company;
16.2.2. In the process of business trading through auction the company service fee is paid onto the company account by automatic transfer of money (from the bank card to the account of the company);
16.2.3. The User pays fee for other services of the company by automatic transfer of money;
16.3. Withdrawal or transfer of money from the balance account except the withdrawal/transfer fee is carried out in the same way as the user/seller toppes up the balance. Particularly, if money are transferred to the balance account from bankcard, then the amount will be refunded to the same account. In case if, the amount was transferred to the balancce account from a particular bank account, then the amount will be refunded to the same bank account.
Article17. Transitional provisions
17.1. The Company is entitled, upon proper grounds and/or for a legitimate purpose, to request from the User/Seller the additional information/documentation. In case of such a request, the User/Seller is obliged to provide the company with any additional information and also to present relevant supporting documents that the company requires or is defined by the legislation of Georgia;
17.2. The Company reserves the right to unilaterally suspend or terminate the registration or authorization of a person at the website, if it considers that the User is acting incorrectly, violating these Terms and Conditions or the legislation of Georgia;
17.3. The Company is entitled to terminate or suspend access to the User's/Seller's personal account (profile), delete his application or personal account (profile), if the user violates the rules specified in the presented Terms and Conditions or the applicable legislation of Georgia. In such a case, when implementing this right, the company is released from all types of liability;
17.4. The Company shall not take liability for temporary suspentions or interruptions in the operation of the website, not caused by the fault of the Company, although the Company undertakes all measures to avoid such interruptions/suspentions;
17.5. The Company is entitled to create, receive, save any Physical Form and/or e-document, make changes or corrections to data, issue any document and/or information, that may have legal consequences; use the e-document circulation system, unified automatic management tools, e-signature, signature by electronic and/or technical means. An e-document and its printout copy have the same legal force as Physical Form. An e-signature on a document, as well as a signature by electronic and/or technical means, is considered to have the same legal force as a personal signature on a Physical Form;
17.6. If any clause or part of these Terms and Conditions is revoked, invalidated or terminated for any reason, the said clause or part thereof shall no longer apply, which will not affect the validity of the remaining clauses of these Terms and Conditions;
17.7. The User is not entitled to transfer the rights and requirements arising from these Terms and Conditions or to assign obligations to another person, without consent of the Company in written;
17.8. In cases that are not specified in these Terms and Conditions, the parties will be guided by the norms governing the relevant relationship established by the legislation of Georgia and/or by additional agreed terms.