Please read the following terms and conditions carefully before registering on, accessing, browsing, downloading or using the ovelcoin website located at ovelcoin.com, and all associated sites linked to ovelcoin.com, or the ovelcoin mobile application or any similar platform (hereinafter collectively, the ovelcoin Platform run by index global corporation, having its registered office at indore-452001 india (hereinafter collectively, index global corporation or ovelcoin ) on any device and/or before availing any services offered by ovelcoin on the ovelcoin Platform which may include services such as booking or bill payment,credit card, payment getway, digital ATM services , Crypto Exchange, NFT, Crypto Mutual Fund , SIP, Wallet service and marketplace service or any other service that may be offered by Ovelcoin Platform. For the avoidance of doubt, it is clarified that these terms and conditions shall apply to all ovelcoin Services, whether offered by index global corporation or its affiliates.
By accessing, downloading, using or attempting to use ovelCoin, you enter into a legally binding contract with index global corporation (and some of our all service providers) and you agree to these ovelCoin Terms of Use, Privacy Policy, Cookie Policy, index global corporation. Terms of Service, Terms and Conditions including any supplemental terms that accompany the Platform (as defined in Section 1), any documents and any linked terms in the Terms of Use.
Even though the essential features are free of charge, some may entail an obligation to pay. Therefore, please pay attention to these Terms of Use and other information displayed on ovelcoin.
All the terms are important and together create this Agreement that applies to you. If you find anything in this text that you do not agree with, please:
Do not use OvelCoin or part thereof
If you have already created a User account, stop using Platform immediately and/or delete your User account.
Your consent to these Terms of Use further represents, warrants and certifies that the information provided by you during the application process for opening a User account is true and complete to the best of your knowledge.
OvelCoin Terms of Use
1. Definitions
When we say "Agreement" we mean the contract comprising these OvelCoin Terms of Use (as amended from time to time under Section 4), Privacy Policy, Cookie Policy, Subscription Plans, ovelcoin Terms of Service, Cardholder Terms and Conditions and any terms linked in this document, as well as any other information on Platform mentioned in this document , Cardholder Terms and Conditions and any terms linked in this document, as well as any other information on Platform mentioned in this document.
When we say "AML/CTF" we mean the applicable Anti-Money Laundering / Combating the Financing of Terrorism regulations and requirements.
When we say "Content" we mean all OvelCoin's features and technical resources available to Users, including but not limited to information, data, text, photographs, videos, audio clips, software, scripts ,graphics and interactive features generated, provided, or otherwise made accessible on or through Platform.
When we say "Enterprise" we mean a User of OvelCoin which is a legal entity.
When we say "Intellectual Property Rights" we mean any and all registered and unregistered rights granted, applied for or otherwise now or hereafter in existence under or related to any patent, copyright, trademark, trade secret, database protection or another intellectual property right, and all similar or equivalent rights or forms of protection, in any part of the world.
When we say "KYC" we mean due diligence on the User (known as Know Your Customer) check carried out in accordance with AML/CTF.
When we say "index global corporation" or "IGC" we mean the Sameword set
When we say "Party" or "Parties" we refer to ovelcoin or Index global corporation (IGC) and/or User.
When we say "Privacy Policy" we refer to ovelcoin personal data protection policy available here.
When we say "IGC", "we" or "us", we are referring to Index global corporation, indore-452013 madhya pradesh-india ,
When we say "OvelCoin" or "Platform" we refer to the Website, Software, and OvelCoin Services collectively.
When we say “OvelCoin Services" we mean ovelCoin Referral program, ovelcoin offer, ovelCoin Cashback, ovelCoin Airdrop, ovelCoin Redeem Codes and other all services described on the Platform. Some of the OvelCoin Services will be available after the effective date of the Terms, as further explained on the Website.
When we say "Software", we refer to all the mobile app and desktop app, their updates, upgrades, enhancements, modifications, extensions, new features and possible replacements provided by ovelcoin, now existing or later developed, and other programs and tools.
When we say "Terms of Use" or "TOU" we mean the rules set out in this document.
When we say "User Content" we mean any content provided by the User to the Platform or OvelCoin community or social media including any entered, recorded, stored, used, controlled, modified, disclosed, transmitted or erased information and data.
When we say "User Data" we mean data in electronic form input or collected through the Software or Platform by or from any User (in the broadest possible interpretation of the term), including without limitation personal data (as defined in Privacy Policy).
When we say "Website" we mean the website located at www.ovelcoin.com , as well as the related mobile apps and desktop apps collectively or each of them individually. Defined words can be recognized throughout this document by the letter.
Titles and headings provided in these TOU are for convenience and ease of access only and they will not affect the interpretation of the TOU.
WHO CAN USE OvelCoin?
1. User Restrictions
OvelCoin is solely intended for those who have full legal capacity.
If you are a natural person, you need to be at the age of majority (legal age) to be able to use OvelCoin. Legal age depends on the national legislation applicable to the User (probably you need to be 18 years old). By using OvelCoin, you represent that you are of legal age. If you are not at the required age, please stop using the OvelCoin immediately.
If you are an individual User, or are accessing the OvelCoin Services or Software, or are otherwise browsing the Website, this Agreement is between you, individually, and IGC.
If you enter this Agreement on behalf of Enterprise, you warrant that:
(1) You have the full legal authority to bind the Enterprise to Agreement;
(2) You have read and understood the Agreement;
(3) You represent that you have the Enterprise's permission and authority to use the Enterprise's User Content;
(4) You agree to the Agreement on behalf of the Enterprise that you represent.
Please note that, if you subscribe for a certain Paid Plan by using an email address from the Enterprise, you will be deemed to represent such Party and the word "User" or "you" in this Agreement will refer to such Enterprise.
The Enterprise and the authorized Users of the Enterprise are jointly responsible for the authorized User's Use of the Platform or part thereof. Any violation of the Agreement by any of the authorized Users shall be deemed to be a violation thereof by the Enterprise and by the authorized User of the Enterprise.
Territorial Restrictions
By opening a User account you represent and warrant to us that the opening of the User account does not violate any laws or regulations applicable to you.
Identity Authentication
You authorize OvelCoin, directly or through third parties, to make any inquiries we consider necessary to verify your identity. This may include: asking you for further information, such as your date of birth, your taxpayer or national identification number, proof of your physical address and other information that will allow us to reasonably identify you;
requiring you to take steps to confirm ownership of your email address or financial instruments;
verifying your information against third party databases or through other sources; or
requiring you to provide further documentation, such as your driver's license, aadhar card, pan card or other identifying documents at any time.
Ovelcoin reserves the right to close, suspend, or limit access to your User account and/or the OvelCoin Services in the event that, after reasonable enquiries, we are unable to obtain information about you required to verify your identity.
2. Consent and the service
User shall be bound by this Agreement in any of the following situations, whichever occurs first:
(1) Upon creating a User account.
(2) Downloading the Software as mobile app and accepting these TOU
(3) If User agrees to or is deemed to have agreed to the Agreement. Any use, access or attempt to use or attempt to access the Platform shall be considered deemed to agree
(4) If the User makes the payment for the OvelCoin & IGC.
(5) If the User takes participation in any OvelCoin Service (for example, OvelCoin all services Program).
You acknowledge that Ovelcoin with other all Partners services may modify the features and functionality of the Platform or part thereof during the Term of the Agreement. ovelcoin shall provide you with commercially reasonable advance notice of any significant deprecation of any material feature or functionality.
The full list and description of OvelCoin Services are available on the Website and the User must check the Content for up-to-date information.
We will make the OvelCoin Services available to you under this Agreement. We will use commercially reasonable efforts to make the Platform available 24 hours a day, 7 days a week, except
(a) during planned downtime (of which we will give advance notice); and
(b) for any unavailability caused by circumstances beyond our reasonable control, including, for example, a force majeure event
(c) internet problems outside our control,
(d) bugs in code, hardware or Services without a commercially known fix. Specific Users may experience an inability to use the Platform because of the suspension or termination of their User account. Nevertheless, we cannot guarantee that the Services will meet your requirements or be available on an uninterrupted, secure, or error-free basis.
3. Agreement amendments
OvelCoin / IGC may revise and update these Terms of Use or any part of the Agreement at any time.
If you use OvelCoin, you are cautioned to review the Terms of Use periodically. Any changes shall enter into force upon being published on the Website and/or after at least 10 days after you have received a notification from us via email on your User account. Your continued access or use after any such change will constitute your acceptance of these changes. If you do not agree to the new terms of the Agreement, and you have not subscribed to a paid Subscription plan, you must stop using OvelCoin. For Users subscribed to a paid Subscription plan, the existing Agreement will continue to be valid until the expiration of the then-current billing term (for example, until the expiry of the month for which the User has already made payment).
4. Electronic communications
By accepting these TOU, you agree to this electronic contract. You consent to receive electronic communications and you agree that all agreements, notices, disclosures and other communications that we provide to you electronically, via email, satisfy any legal requirement that such communications be in writing.
Please note that notifications about any amendment of TOU by (Agreement Amendments) or any material change to the OvelCoin Services or the Agreement we will send as stipulated in (Notices).
We have a legal obligation to inform you about the change of the terms so you can decide whether to continue using OvelCoin Services. Such correspondence does not constitute marketing or promotional emails, and you cannot unsubscribe from receiving such notifications. If you do not wish to receive such notifications, you need to terminate the Agreement by deleting your User account.
5. Intellectual property
Unless otherwise indicated in the Agreement, the Platform and the entire Content (including but not limited to the source code, Website “look and feel”, Website copy, images, graphic elements, user interface, audio and video clips, design, databases, logo or other signs, domain, trade name and business name, trademarks or service marks, any customized work and other related materials) are protected by Intellectual Property Rights of ovelcoin/IGC or its affiliates, agents or licensors, as applicable.
Users have only the rights specified under this Section of the Agreement. Users may not acquire any other Intellectual Property Rights under this Agreement. No ownership right may be conveyed to any User, irrespective of the use of terms such as "purchase" or "sale" in TOU or anywhere on the Platform.
Any unauthorized use of the Platform and Content and/or any part of it, without our permission, shall be deemed an infringement of Intellectual Property Rights. OvelCoin/IGC will take all legal remedies to protect its Intellectual Property Rights immediately upon the knowledge of such unauthorized use.
Any copying of Content or downloading Content in part or whole is permitted only by written consent from OvelCoin/IGC.
OvelCoin/IGC also reserves all Intellectual Property Rights not expressly granted in this Agreement.
If you believe that any material on this Website or OvelCoin/IGC Service, including any material posted by members, violates your copyright, please notify us at team@ovelcoin.com. OvelCoin team will respond to all copyright infringement notices that it receives without undue delay.
If you are a natural person using OvelCoin, in consideration of your acceptance of this Agreement and your payment of all applicable fees (if any), OvelCoin/IGC grants you a personal, limited, non-exclusive, non-transferable, non-sublicensable, revocable authorization to access and use the OvelCoin Services for your personal purposes under the Agreement and any other instructions on the Platform.
If you are an Enterprise using OvelCoin, in consideration of your acceptance to this Agreement and your payment of all applicable fees (if any), OvelCoin/IGC grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable authorization to access and make use of the OvelCoin Services solely for your internal business purposes, under the Agreement and any other instructions on the Platform.
If you are using OvelCoin Software such as API or other software application, that you have downloaded through a web or mobile platform, OvelCoin/IGC grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to use OvelCoin Software in accordance with the documentation accompanying such Software and all its updates, upgrades and new versions.
Any other use of the Platform, Software or the OvelCoin Services, not specifically mentioned in this Agreement, by any User, is forbidden. For example, you may not: publish, copy, rent, lease, lend, sell, create derivative works or transfer in any way the Software, Website, OvelCoin/IGC Services or any portion(s) of the foregoing;
distribute, transmit, publish or otherwise disseminate the Software, Website, OvelCoin/IGC Services or any portion(s) of the foregoing;
attempt to access or derive the source code or architecture of the Software or work around any technical restrictions or limitations in the Software;
reverse engineer, decompile, or disassemble the Software, or attempt to do so;
when using internet-based features, you may not use those features in any way that could interfere with anyone else's use of them, or to try to gain access to or use any service, data, account, or network, in an unauthorized manner;
attempt to probe, scan or test the vulnerability of the Website, Services and/or Software, or any associated system or network, or to breach any security or authentication feature or measures, and, if you are blocked by OvelCoin from accessing the Platform or OvelCoin Services (including by blocking your IP address), you will not implement any measures to circumvent such blocking (e.g., by masking your IP address or using a proxy IP address).
For the purpose of clarity, Users may not obtain access to source code under the Agreement and should not attempt to do so.
6. Acceptable use
To use OvelCoin (including participation in OvelCoin community and social media), each User must comply with these rules of acceptable use:
The User must provide complete information for registration purposes.
User must provide accurate and up-to-date information. The User has to use accurate contact information. Using false identity is strongly prohibited.
User will prevent any other person from using that User's account. Use of the User account by more people is prohibited.
User may have only one User account.
User must maintain the security of the account and password, and share it solely with the authorized persons. User is responsible and liable for any use of OvelCoin through User's account, whether authorized or unauthorized. OvelCoin/IGC cannot be held liable for any loss, damages or expenses incurred due to the User's failure to comply with this obligation. User will be liable for all losses, damages, liability and expenses incurred by OvelCoin/IGC or a third party as a consequence of authorized use of the account. If you become aware of any unauthorized use of your account on OvelCoin, you need to immediately notify us by sending an email to team@ovelcoin.com
User will not engage in activity that violates the privacy of others, or any misuse or unlawful processing of personal data, nor will publicly display or use OvelCoin to share inappropriate content or material. The User may not violate any applicable law or regulations in connection with your use of OvelCoin.
User will not access the OvelCoin Services or the Software to build a competitive product or service, to build a product using similar ideas, features, functions or graphics, or to copy any ideas, features, functions or graphics.
User will not engage in web scraping or data scraping on or related to the Software or the Platform, including without limitation collection of information through any software that simulates human activity or any bot or web crawler.
User will not automate access to the Website or the Services, including, without limitation, through the use of APIs, bots, scrapers or other similar devices.
Users are fully responsible for all the activities that occur under their User accounts.
7. User content and user data
Users are solely responsible for all User Data and User Content.
OvelCoin/IGC will have no responsibility or liability for the accuracy of data uploaded to the Software by User, including without limitation User Data and any other data uploaded by Users.
By accepting this Agreement, each User warrants represents and covenants that the User owns or has a valid and enforceable license to use all User Content. User Content will not infringe, misappropriate or violate the rights of any person or entity or any applicable law, rule or regulation of any government authority of competent jurisdiction. The User remains the owner of User Content and User Data under the Agreement.
Nevertheless, by posting User Content on Platform or OvelCoin Community, you grant toOvelCoin/IGC a non-exclusive, irrevocable, transferable, sub-licensable, royalty-free, worldwide right and license to use User Content and associated Intellectual Property Rights in any way in any media know now or in the future. You agree to waive moral rights and promise not to assert such rights against OvelCoin/IGC .
You are also prohibited from providing false information on OvelCoin Community. If you find that there is information on your profile that is no longer accurate, it is your responsibility to edit it or alert Ovelcoin.
OvelCoin/IGC reserves the right to refuse, limit or cancel the OvelCoin Service to a User, terminate User accounts, or remove or edit User Content at its sole discretion. Therefore, when investigating alleged violations of this Agreement,OvelCoin/IGC reserves the right to review your User Content to resolve the issue (such as to prevent harmful or illegal activity). OvelCoin/IGC may also access the User Content when providing technical support or when performing other legal obligations under this Agreement.
Nevertheless, OvelCoin/IGC has no obligation to monitor User Content (and will make no attempt to do so) and has no obligation to remove any User Content.
OvelCoin/IGC cannot be held responsible for any loss, damage, expense or other harmful consequences to any User resulting from User Content.
In the event becomes aware of the illegal User Content, activities that infringe anyone's Intellectual Property Rights or personal data or any other right, or activities that infringe the Agreement, OvelCoin/IGC may, in its sole discretion, disable, close, temporarily or permanently limit access to any User account without any notice. OvelCoin/IGC may not be liable for any loss, damages or undesirable consequences resulting from such action.
OvelCoin/IGC may permanently erase User Data if the User account is delinquent, suspended, or terminated for 30 (thirty) days or more.
8. Subscription to OvelCoin.
Information on OvelCoin features and how it functions, please see here. (ovelcoin website)
By creating a User account at OvelCoin you automatically start your free Subscription Plan. Fees of the Subscription Plans are subject to change at any time. Any fee can be applied or may change at any time and will become binding on the User upon the following conditions:
9. OvelCoin Referral Programs
Ovelcoin and its affiliates offer participation in the referral or account opening promotional programs. By using Referral Programs, Users are offered to promote OvelCoin Services among their friends and to earn various benefits.
By participating in OvelCoin Referral Programs the User accepts the Agreement, as well as further conditions explained here.
By accepting this Agreement, each User warrants represents and covenants that the User owns or has a valid and enforceable license to use all User Content. User Content will not infringe, misappropriate or violate the rights of any person or entity or any applicable law, rule or regulation of any government authority of competent jurisdiction. The User remains the owner of User Content and User Data under the Agreement.
To receive credits in OvelCoin under the OvelCoin Referral Program, eligible User (hereinafter: Referrer) must send their unique referral link to an eligible prospect User (hereinafter: Recipient), and the eligible Recipient must use their eligible Referrer’s unique referral link to sign up for the OvelCoin. If the eligible Recipient uses the eligible Referrer’s unique referral link to sign up for the OvelCoin, and if the early sign up is approved, OvelCoin will reward eligible Referrers with the right to claim a one-time OvelCoin referral bonus. The amount may change at any time. According to OvelCoin earned through OvelCoin Referral , the User account may change and advance to the Beginner, Basic, Advanced and Pro status.
10. Disclaimer of warranties
Your use of OvelCoin is at your sole risk. The service is provided on an "as is" and "as available" basis.
Any warranty of OvelCoin/IGC regarding the Platform (or part thereof) not expressly stated herein shall be deemed withheld.
OvelCoin/IGC disclaims, to the fullest extent permitted under the applicable law, all statutory warranties and course of performance, course of dealing and usage related to Users' expectations.
User is solely responsible for any damage User may suffer resulting from the use of the Platform and any OvelCoin Service. No oral or written information or advice is given by OvelCoin/IGC or its authorized representatives shall create a warranty or in any way increase the scope of OvelCoin/IGC obligations.
Without prejudice to the generality of the previous provisions, IGC does not warrant that:
any OvelCoin Service will meet the User's specific requirements nor that it will be "fit for purpose",
the Platform and OvelCoin Service will be uninterrupted, timely, secure, error-free or of satisfactory quality,
the results that may be obtained from the use of the Service will be accurate or reliable,
any errors in the OvelCoin Service will be corrected.
OvelCoin/IGC and/or its suppliers make no representations about the suitability, reliability, availability, continuity, timeliness, and accuracy of the ovelcoin Service and Platform.
11. Limitation and exclusion of liability
To the maximum extent permitted by the applicable law, Index global corporation/OvelCoin and/or its suppliers, employees and representatives shall be liable in no event for:
(1) any loss, damage, expense or other harmful consequences resulting from anyone's use or inability to use OvelCoin;
(2) any installation, implementation, customization or modification of the Software not carried out by Ovelcoin/IGC;
(3) any failure to apply available update, service pack, fix or upgrade that would have avoided the harmful event;
(4) any unauthorized access to the User Content;
(5) any unauthorized use of any User's credentials.
To the maximum extent permitted by applicable law, in no event shall Ovelcoin/IGC and/or its suppliers, employees and representatives be liable for: any indirect, punitive, incidental, special, consequential damages or any damages whatsoever (including, without limitation, damages for loss of use, data or profits, or business interruption) arising out of or in any way connected: with the use or performance of Ovelcoin,
with the delay or inability to use Ovelcoin and any Ovelcoin Service, including the provision of or failure to provide Ovelcoin Services User’s or third-party fraud
any transaction which results in a negative balance on a User’s account.
You agree that this limitation of liability represents a reasonable allocation of risk and is a fundamental element of the basis of the bargain between you and Ovelcoin/IGC. You understand that the Platform and Ovelcoin Services would not be provided without such limitations.
Some countries do not allow the limitation of certain damages, so some or all of this limitation of liability may not apply to you and you may have additional rights. Nevertheless, if any portion of these sections is held to be invalid under the applicable law, the invalidity of such portion shall not affect the validity of the remaining portions of the applicable sections.
Neither Party shall be liable for breaching its obligations due to a circumstance they reasonably could not have foreseen and which is beyond their control, such as, e.g., a force of nature, an act of a legislative or executive authority, war, civil unrest, the act of terror, strike, non-trivial cyber attack, failure of a third-party hosting, Internet failure or any other circumstance qualifying as force majeure under the applicable law — to the extent that the respective circumstance prevented or hindered the Party's performance. For the avoidance of doubt, the provisions of this section:
are not intended to derogate from, or limit the application of, any statutory limitation or exclusion of liability;
shall not be construed to limit the amount of, or excuse User from paying, any fee or other consideration owed hereunder.
12. INDEMNIFICATION
You agree to indemnify and hold Ovelcoin/IGC harmless from any and all demands, losses, liability, claims or expenses (including attorneys' fees) made against Ovelcoin/IGC by any third party due to or arising out of or in connection with your use of Ovelcoin and the Services including but not limited to:
your use of the Platform or part thereof in violation of this Agreement, in violation of an agreement with the third party and/or any applicable law;
any third-party claim of infringement of copyright or other Intellectual Property Rights or invasion of privacy arising from hosting User Content, and/or your making available thereof to other Users, and/or the actual use of your User Content by other Users or related services under the Agreement;
any activity related to a User account, be it by you or by any other person accessing your account with or without your consent unless such activity was caused by the act or default of Ovelcoin/IGC.
13. TERMINATION
This Agreement shall continue until either:
you cancel your subscription and/or request for your User account to be deactivated and deleted;
terminated by Ovelcoin/IGC.
13.1. TERMINATION BY USER
The User of Ovelcoin may terminate this Agreement by closing the User account.
You may cancel your subscription to any paid Subscription Plan at any time. If you cancel after your subscription renewal date, you will not receive a refund for any amounts that have been charged. Your cancellation will be effective at the end of your then-current subscription period.
You understand that cessation of use of the Ovelcoin without cancellation of the paid Subscription Plan will not entitle you to any refund. If you do not use the Ovelcoin paid Subscription Plan, you need to cancel the subscription and switch to a free Subscription Plan or close the User account.
13.2. TERMINATION BY Ovelcoin/IGC
You agree that Ovelcoin may immediately terminate this Agreement if you do not pay the fees when due.
Ovelcoin may deny you access to all or any part of the Services or terminate your account with or without prior notice if you engage in any conduct or activities that Ovelcoin/IGC determines, at its sole discretion, violate this Agreement or the rights of Ovelcoin,igc or any third party, or is otherwise inappropriate. Without limitation, Ovelcoin/IGC may deny you access to the Services or Platform, or terminate this Agreement and your User account.
index global corporation may, at its sole discretion, at any time and for any reason, terminate the ovelcoin Service, terminate this Agreement, or suspend or terminate any User account on OvelCoin.
Ovelcoin/IGC will send notice to User at the email address User provides when creating a User account, or such other email address User may later provide to Ovelcoin/IGC.
Any other provision of this Agreement that must survive to fulfil its essential purpose.
14. SEVERABILITY
If any provision of this Agreement is found invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of this Agreement, which shall remain in full force and effect.
If any provision of this Agreement violates any mandatory rule of the applicable law and proves to be void as a result thereof, such provision shall, for those specific circumstances and only in that particular respect in which it is void, be deemed to have been amended to comply with the law. Any such amendment shall be confined to the minimum necessary to make the provision valid and shall retain as much of its original ambit and meaning as possible.
15. NO WAIVER
Our failure to exercise or enforce any right or provision of the Terms of Use shall not constitute a waiver of such right or provision.
16. Links to third-party websites
Should ovelcoin enable access to data from another service provider through linking, ovelcoin/IGC does not carry responsibility for such information.
The Website may contain links to other websites, owned by other legal or natural persons. Each of these websites has its Terms of Use and Privacy Policy on handling personal data, which may differ significantly from those which are applied to the use of this Website. ovelcoin/IGC has no control over such websites and shall not carry any responsibility neither for the availability of those websites nor for the Terms of Use and Privacy Policy that applies to their visitors and users.
Placing links to third-party websites on the Website does not in any way imply that Ovelcoin recommends or approves services or products offered through such websites.
17. Jurisdiction and choice of law; DISPUTE RESOLUTION
This Agreement and any matter or dispute arising out of or related to the subject matter of the Agreement shall be governed, construed, and enforced in accordance with the laws of india, without regard to its conflict of law provisions. Specifically excluded from application to this Agreement is that law known as the United Nations Convention on the International Sale of Goods.
Mindful of the high cost of dispute, you and ovelcoin/IGC agree to the following dispute resolution procedure: in the event of any controversy, claim, action or dispute arising out of or related to: (i) the Website; (ii) this Agreement; (iii) the Services; (iv) the breach, enforcement, interpretation, or validity of this Agreement; or (v) any other dispute between you and ovelcoin/IGC ("Dispute"), the Party asserting the Dispute shall first try in good faith to settle such Dispute by providing written notice to the other Party (by email, first-class or registered mail) describing the facts and circumstances (including any relevant documentation) of the Dispute and allowing the receiving Party 30 days in which to respond to or settle the Dispute ("Mandatory negotiations").
if to you at: your last-used address in your account information (if the User is a legal entity for Enterprises).
If no such address exists, or if the delivery to such address is unsuccessful, the notice shall be sent to the email address connected to that User's Account.
Both you and ovelcoin/IGC agree that this dispute resolution procedure is a condition precedent that must be satisfied before initiating any dispute resolution or filing any claim against the other Party.
Failing to resolve the dispute as described in previous paragraphs of this Section, any controversy or claims arising out of or relating to the Agreement, or the breach thereof, shall be in the exclusive jurisdiction of the competent court in the city of indore, india.
This clause shall survive termination of the Agreement.
Notwithstanding the provisions above, ovelcoin/IGC may, at its absolute discretion, assert and seek the protection of its Intellectual Property Rights and rights concerning confidential information or data processing anywhere in the world.
18. NO CLASS ACTION
Except where prohibited by law, as a condition of using the Software and/or Service, you agree that any and all disputes, claims and causes of action arising out of or connected with the Software and/or Service, shall be resolved individually, without resort to any form of class action.
Any dispute resolution under these Terms of Use will take place on an individual basis; class/representative/collective actions are not permitted.
THE PARTIES AGREE THAT A PARTY MAY BRING CLAIMS AGAINST THE OTHER PARTY ONLY IN EACH INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PUTATIVE CLASS, COLLECTIVE AND/ OR REPRESENTATIVE PROCEEDING, SUCH AS IN THE FORM OF A PRIVATE ATTORNEY GENERAL ACTION AGAINST THE OTHER. Further, unless both you and ovelcoin/IGC agree otherwise, the court may not consolidate more than one person's claims, and may not otherwise preside over any form of a representative or class proceeding.
19. ENTIRE AGREEMENT
This Agreement (as amended from time to time) including any linked documents or documents that are expressly or implicitly included in the Agreement constitutes the entire Agreement between the Parties relating to the subject matter hereof and supersedes all prior Agreements and understandings between the Parties with respect to that subject matter.
In case of conflict between any provision herein and any statement, representation or other information published on the Website or contained in any other materials or communications the provision in the Agreement shall prevail.
OvelCoin uses cookies policy to provide you with an optimal experience, as well as to improve your user experience.
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