Please read these terms of subscription (“Agreement” or “Terms of Subscription”) carefully before using the website and services offered by Agroprofit Ltd, kindly read through the Agreement below.
The Agreement sets out the legally binding terms of subscription for your use of the website at www.agroprofit.co (the “Site”) and all services provided by AGROPROFIT on the site. By using the Site in any manner, including but not limited to visiting or browsing the Site, you (the “user” or “you”) agree to be bound by this Agreement, including those additional terms of subscription and policies referred to here. This Agreement applies to all users of the Site, including without limitation users who are customers, contributors of content, information and other materials or services on the Site. If you have any questions, please refer to the HELP section of the Site.
ABOUT AGROPROFIT
Agroprofit is a digital platform characterized by new ideas or inventions which gives everyone the opportunity to engage in Agribusiness anytime and on the go, by funding (investing in) farms and trading of agricultural commodities. A core focus/key component of the platform is playing across the value chain of specific product types. Agroprofit and its partners plants seeds and nurture them into beautiful crops that produce a bountiful harvest, which is then processed and packaged into world-class products that are sold locally and across the globe. By playing across the value chain, Agroprofit and its partners take out the middlemen and provide consumers with the best quality at the best prices and still make excellent profits.
ACCOUNT ELIGIBILITY
Age: Agroprofit services are available only to, and may only be used by, individuals who are 18 years and older who can form legally binding contracts under Nigerian law. You represent and warrant that you are at least 18 years old and that all registration information you submit is accurate and truthful. Agroprofit service may, in its sole discretion, refuse to offer access to or use of the Site to any person or entity and may change its eligibility criteria at any time without notice to you. Compliance: You agree to comply with all local laws regarding online conduct and acceptable content. You are responsible for all applicable taxes payable as a result of your activity on the Site. In addition, you agree to abide by Agroprofit policies as stated in this Agreement and listed below (if applicable to your activities on or use of the Site) as well as all other operating rules, policies and procedures that may be published from time to time on the Site by Agroprofit service, each of which is incorporated herein by reference and each of which may be updated by Agroprofit Service from time to time without notice to you.
Terms of Use Privacy Policy Copyright Policy
In addition, Agroprofit Service may subject to additional terms of subscription, publish some services offered through the Site from time to time; your use of such services is subject to those additional terms of subscription, which are incorporated into this Agreement by this reference.
Password: Keep your password secure. You are fully responsible for all activity, liability and damage resulting from your failure to maintain password confidentiality. You agree to immediately notify Agroprofit Service of any unauthorized use of your password or any breach of security. You also agree that Agroprofit Service cannot and will not be liable for any loss or damage arising from your failure to keep your password secure. You agree not to provide your username and/or password information to any other party other than Agroprofit Service without Agroprofit Service’s express written permission.
Account Information: You must keep your account information up-to-date and accurate at all times, including a valid email, phone number and address.
Account Transfer: You may not transfer or sell your Agroprofit Service account and User ID to another party. If you are registering as a business entity, you personally guarantee that you have the authority to bind the entity to this Agreement.
Account Ownership: Agroprofit subscriber may only hold and operate one active account at any one time and the account must only be operated by the named account holder. If a secondary account is required then the PERSON must request prior written permission from Agroprofit Service. Agroprofit Service reserves the right to reject any such request and may, at its discretion, terminate additional accounts or accounts being operated by a person other than the named account holder without prior warning.
Right to Refuse Service: Agroprofit Service reserves the right to refuse service to anyone at any time. Agroprofit Service are not available to temporarily or indefinitely suspended Agroprofit Service members. Agroproft Service reserves the right, in Agroprofit Service’s sole discretion, to cancel unconfirmed or inactive accounts.
Launch within 30 Days:
If your application to become a member on Agroprofit Service is approved, you must launch your account within 30 days of submitting your application. Failure to do so will result in your account being deemed inactive. If you wish to launch your account after this time you will need to re-apply and start the application process again regardless of previous application success.
SUBSCRIPTION TERMS:
The Subscriber will receive periodic updates on the status of the farm by email. The updates are also available on your profile on the Platform. You are expected to review all notifications, updates and reports from Agroprofit as they represent a record of information pertaining to your subscription during a farming cycle You are entitled to request for a physical visit to your funded farm, however, you must provide us with at least three (3) weeks notice to schedule a visit. At the beginning of a farming cycle, you will be expected to pay costs related to the lease of land for farming, seedling, fertilizers, maintenance costs, and the cost of supervision and administration. All costs are included in your subscription. You agree that by subscribing to the program, your contribution is tied and unavailable for the entire duration of the farming cycle and neither Agroprofit nor the farmers can or will refund your contribution until the successful completion of a farming cycle. Any profits from a successful farming cycle of a Subscriber’s farm are remitted to the electronic wallet on the Platform when the produce is harvested and sold (i.e. upon completion of the farming cycle). At the end of a successful farming cycle, you can decide whether to withdraw your funds from the electronic wallet on the Platform and transfer to a bank account you provide us with or to fund a farm for a new farming cycle. You acknowledge that you do not own any of the farms cultivated and are only entitled to the proceeds of any farming cycle you participate in.
LICENSE AND ACCESS:
Subject to your compliance with these Conditions of Use and any Service Terms, and your payment of any applicable fees, Agroprofit or its content providers grant you a limited, non-exclusive, non-transferable, non-sublicensable license to access and make personal and non-commercial use of the Agroprofit Services. This license does not include any resale or commercial use of any Agroprofit Service, or its contents; any collection and use of any product listings, descriptions, or prices; any derivative use of any Agroprofit Service or its contents; any downloading, copying, or other use of account information for the benefit of any third party; or any use of data mining, robots, or similar data gathering and extraction tools. All rights not expressly granted to you in these Conditions of Use or any Service Terms are reserved and retained by Agroprofit or its licensors, suppliers, publishers, rights holders, or other content providers. No Agroprofit Service, nor any part of any Agroprofit Service, may be reproduced, duplicated, copied, sold, resold, visited, or otherwise exploited for any commercial purpose without express written consent of Agroprofit. You may not frame or utilize framing techniques to enclose any trademark, logo, or other proprietary information (including images, text, page layout, or form) of Agroprofit without express written consent. You may not use any meta tags or any other “hidden text” utilizing Agroprofit name or trademarks without the express written consent of Agroprofit. You may not misuse the Agroprofit Services. You may use the Agroprofit Services only as permitted by law. The licenses granted by Agroprofit terminate if you do not comply with these Conditions of Use or any Service Terms.
ANTI-MONEY LAUNDERING
Where we discover that the Platform is being used to launder money or for any suspicious transactions, we have an obligation to report your activities to the relevant authorities without recourse to you.
FOREIGN EXCHANGE RISK
Where an Agroprofit subscriber contributes in a currency other than the Naira, foreign exchange gain or loss and fluctuations in currency rates may have an impact on the profit made on such contribution by the Sponsor. All profits on contribution shall be converted and returned in Naira based on the Central Bank of Nigeria (CBN) official exchange rate. The Agroprofit subscriber therefore enters into any transactions in currencies other than the Naira at their sole risk and shall bear all responsibilities for any gains or loss as a result. Unexpected changes in currency exchange market conditions may have an impact on the extent of profit the Sponsor would be exposed to such as when there is an upward or downward movement in the relevant rates. The Agroprofit subscriber understands and is able to assume the risk of loss associated and agrees to be liable for any resulting deficit this might have on contributions made or profits earned.
INDEMNITY
Subject to the Terms of Insurance and any insurance claims settled, you agree that Agroprofit has no obligation to reimburse or indemnify you for any cost, loss or liability, which you incur as a result of the failure of a farm to yield according to expectations. You agree to indemnify and hold harmless Agroprofit, any farmer, and all our other agents or sub-contractors, against all liabilities, costs, expenses, damages and losses (including any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest penalties and legal and other reasonable professional costs and expenses) suffered or incurred as a result of: your fraudulent or illegal use of the Platform, the Services or the Website; your negligence or any default by you of any of these Terms or the terms of any Loan Agreement to which you are matched; any inaccurate or incomplete information that you have knowingly provided to us; your allowing any other person to access your account either with your permission or as a result of your failure to keep your username and password private; any service that you have offered, whether with or without our permission, to another third party using our Platform, Services or Website; your allowing any other person to neccessary claim made against you for actual or alleged infringement of Agroprofit Intellectual Property Rights or any actual or alleged infringement of a third party’s Intellectual Property Rights arising out of or in connection with the Services or your use of the Platform your account either with your permission or as a result of your failure to keep your username and password private; this indemnity shall survive the termination of your subscription.
ACCOUNTS
When you create an account with us, you must provide us information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service. You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service. You agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.
PROHIBITED, QUESTIONABLE AND INFRINGING ITEMS AND ACTIVITIES
You are solely responsible for your conduct and activities on and regarding to Agroprofit Service and any and all data, text, information, usernames, graphics, images, photographs, profiles, audio, video, items, and links (together, “Content”) that you submit, post, and display on Agroprofit Service.
Restricted Activities: Your Content and your use of Agroprofit Service, must not be or include the following activities;
- False, inaccurate or misleading
- Fraudulent or involve the sale of illegal, counterfeit or stolen items
- Infringe upon any third-party’s copyright, patent, trademark, trade secret or other proprietary or intellectual property rights or rights of publicity.
- Breach this Agreement, any site policy or community guidelines, or any applicable law or regulation (including, but not limited to, those governing export control, consumer protection, unfair competition, anti-discrimination or false advertising)
- Contain items that have been identified as hazardous to consumers
- Defamatory, libelous, unlawfully threatening, unlawfully harassing, impersonate or intimidate any person, or falsely state or otherwise misrepresent your affiliation with any person, through for example, the use of similar email address, nicknames, or creation of false account(s) or any other method or device
- Obscene, contain or transmit any code of a destructive nature that may damage, interfere with, intercept or expropriate any system, data or personal information
- Modify, adapt or hack Agroprofit Service or modify another website so as to falsely imply that it is associated with Agroprofit Service;
- Link directly or indirectly, reference or contain descriptions of goods or services that are prohibited under this Agreement or other policy documents as posted on Agroprofit Service. Furthermore, you must not list any item on Agroprofit Service (or conclude any transaction that was initiated using Agroprofi Service) that, by paying to Agroprofit Service a commission fee, could cause Agroprofit Service to violate any applicable law, statute, ordinance or regulation, or that violates the Terms of Subscription.
LIMITATION OF LIABILITY:
In no event shall Agroprofit, its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Service; (ii) any conduct or content of any third party on the Service; (iii) any content obtained from the Service; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.
DISCLAIMER
Your Subscription to this Service is at your sole risk. The Service is provided on an “AS IS” and “AS AVAILABLE” basis. The Service is provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance. Agroprofit, its subsidiaries, affiliates, and its licensors do not warrant that a) the Service will function uninterrupted, secure or available at any particular time or location; b) any errors or defects will be corrected; c) the Service is free of viruses or other harmful components; or d) the results of using the Service will meet your requirements.
GOVERNING LAW
These Terms shall be governed and construed in accordance with the laws of the Federal Republic of Nigeria. Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.
CHANGES
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion. By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.
CONTACT US
If you have any questions about these Terms, please contact us. Made on the 9th day of November 2020