SOKOLIMA is an Application of Sokolima Exchange Limited (SOEX) that provides information services to facilitate the buying and selling and general trading of agricultural products and services. By usage of the Application, You are consenting to be bound by these Terms and Conditions for use and access of the Application.
Please read these Terms and Conditions (“Terms”) carefully before using the Sokolima App (the “Platform”) for trading in agricultural commodities and services. These Terms govern your access to and use of the Platform, including any content, features, and services provided by the Platform. By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you may not use the Platform.
- Acceptance of Terms
By accessing or using the Platform, you represent and warrant that you have read, understood, and agreed to be bound by these Terms. If you are using the Platform on behalf of an organization, you represent and warrant that you have the authority to bind the organization to these Terms. - Eligibility
You must be at least 18 years old and have the legal capacity to enter into a binding contract to use the Platform. If you are accessing or using the Platform on behalf of a company or other legal entity, you represent and warrant that you have the authority to bind that entity to these Terms. - Registration and Account
To access certain features of the Platform, you may be required to register for an account. You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete. You are solely responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify us immediately of any unauthorized use or breach of security of your account. - Platform Usage
a) The Platform enables users to trade in agricultural commodities and services. Users are solely responsible for their interactions and transactions with other users of the Platform. We do not endorse, guarantee, or assume any responsibility for the quality, safety, legality, or accuracy of any transactions or interactions between users.
b) You agree to comply with all applicable laws and regulations while using the Platform. You will not use the Platform for any illegal, fraudulent, or unauthorized purpose. - Intellectual Property
a) The Platform and its content, including but not limited to text, graphics, images, videos, logos, and software, are owned or licensed by us and are protected by intellectual property laws. You may not use, reproduce, distribute, modify, or create derivative works of any part of the Platform without our express written consent.
b) By submitting any content to the Platform, you grant us a worldwide, non-exclusive, royalty- free, perpetual, irrevocable, sub-licensable, and transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform the content in connection with the Platform. - Privacy
Your privacy is important to us. Please refer to our Privacy Policy provided elsewhere [include a link to the Privacy Policy] to understand how we collect, use, and disclose your personal information. - Disclaimers
a) Use-As-Is: The Platform is provided on an “as-is” and “as available” basis, without warranties of any kind, whether express or implied. We do not guarantee that the Platform will be uninterrupted, error-free, or secure.
b) No Responsibility: We do not endorse, guarantee, or assume any responsibility for the accuracy, reliability, or completeness of any content or information made available through the Platform. You rely on such content or information at your own risk.
c) No Financial or Investment Advice: The information, content, and services provided on the electronic platform for trading in agricultural commodities and services are for informational purposes only. They do not constitute financial or investment advice. Users should not rely solely on the information provided on the Platform when making financial or investment decisions. Trading agricultural commodities involves risks, and users should conduct their own research and seek professional advice before engaging in any trading activities.
d) No Endorsement: The Platform may provide information, links, or advertisements related to third-party products, services, or websites. However, the presence of such information does not constitute an endorsement or recommendation by the Platform. We do not guarantee the quality, accuracy, reliability, or suitability of any third-party products, services, or websites. Users are responsible for conducting their own due diligence before engaging with any third parties.
e) Market Risks: Trading agricultural commodities involves inherent risks, including but not limited to price fluctuations, market volatility, supply and demand dynamics, regulatory changes, and geopolitical factors. The Platform does not guarantee any specific results or outcomes from trading activities. Users are solely responsible for assessing and managing the risks associated with trading agricultural commodities.
f) Platform Performance: While we strive to provide a reliable and efficient Platform, we do not guarantee the continuous availability, accuracy, or functionality of the Platform. The Platform may experience technical issues, outages, or interruptions beyond our control. We are not responsible for any losses or damages incurred as a result of Platform unavailability or technical issues.
g) User Responsibilities: Users are solely responsible for their actions, decisions, and interactions on the Platform. We do not assume any liability for the accuracy, legality, or quality of the information or content provided by users. Users must comply with all applicable laws and regulations governing agricultural trading activities.
h) No Warranty: The Platform is provided on an “as-is” and “as available” basis. We make no warranties, whether express or implied, regarding the Platform, including but not limited to warranties of merchantability, fitness for a particular purpose, non-infringement, or reliability.
i) Limitation of Liability: To the maximum extent permitted by law, we shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages, including but not limited to loss of profits, data, or business opportunities arising out of or in connection with the use or inability to use the Platform, even if we have been advised of the possibility of such damages.
j) Before Using the Platform: Users should carefully review and understand these disclaimers before using the Sokolima App for trading in agricultural commodities and services. The Platform is accessed and used at the user’s own risk.