This Terms of Purchase Cum /Sale Agreement (hereinafter referred to as the "Agreement")
entered on current date (hereinafter referred to as the "Agreement Date").
BETWEEN:-
DaaZ Limited (hereinafter referred to as "DaaZ")
AND you (hereinafter referred to as "Domain Buyer") If you are entering into this
Agreement
on behalf of a company or other legal entity, you represent that you have the authority
to
bind such entity to these terms and conditions, in which case the term "Domain Buyer"
shall
refer to such entity;
AND the domain seller who has advertised their domain name for sale via “Lease to Own”
landing page of DaaZ
WHEREAS the DaaZ acts as a platform between domain buyer and the domain seller who would
like
to avail of the service offered;
AND WHEREAS the domain buyer and domain seller are interested in buying / selling of
domain
name at DaaZ platform;
NOW, THEREFORE, for and in consideration of the mutual promises, benefits and covenants
contained herein and for other good and valuable consideration, the receipt, adequacy
and
sufficiency of which are hereby acknowledged, DaaZ , Domain Buyer and Domain seller,
intending to be legally bound, hereby agree as follows:
-
This purchase cum sale agreement is a supplementary agreement and by agreeing to
this
agreement, domain buyer and domain seller also agreeing to the terms and conditions
outlined in DaaZ.com user agreement: https://daaz.com
/user-agreement
- This agreement is an additional agreement that’s only applicable in case of a domain
purchase/sale in lease. By clicking on the button “Lease to own now” you agree to
this
additional lease agreement.
Agreement Date: 03-Oct-2023
Price of the sparq.in:
0
USD
Per Month Lease Amount:
Number of Lease Months:
Lease Schedule:
Terms and Conditions:
-
Domain seller remains owner of the domain name until the price has been fully paid
by
the domain buyer.
-
Domain buyer and domain seller agree to keep the domain name with DaaZ.com until the
price is fully paid. After the final payment, DaaZ.com will share the domain secret
code
and help to facilitate the domain transfer to the domain buyer.
-
Domain buyer agrees to pay the lease amount as per the above published lease
schedule
dates, these dates are firm
dates and can’t be extended. Domain buyer is completely accountable and responsible
to
ensure the payment reached to the
DaaZ’s designated bank account on or before the above published dates.
-
If the domain buyer failed to pay on time, domain seller has the right to terminate
this
agreement. In the event of
agreement termination, DaaZ will give the domain name back to the domain name seller
and
domain buyer will not get any refunds
for the prior lease payments made.
-
After paying the 1st month lease, domain buyer can request the name server
modifications
from DaaZ. DaaZ will
facilitate the same changes for the buyer and allow the domain buyer to use the
domain
name.
-
DaaZ.com as intermediate party and will not be responsible for any disputes between
the
domain buyer and domain
seller. Any conflicts between the domain buyer and domain seller must be resolved
between them.
-
Domain buyer is accountable and responsible to ensure the domain name usage will be
in a
lawful manner. Any claims
or damages occurred because of unlawful usage of the domain name is to be borne by
the
domain buyer.
-
If the domain buyer uses the domain name in unlawful manner and the domain seller
has
the right to terminate the
agreement and the lease paid will not be refunded. Few Unlawful usage examples.
-
Hate or racial abusing content hosting.
-
Hosting any virus or malware content
-
Intellectual property breaches
-
Hosting a website or content leading to any financial fraud
-
Hosting content to promote the pyramid schemes.
-
Domain buyer and domain seller indemnify DaaZ.com from any claim made by any party.
Jurisdiction:
This agreement is governed by, and must be construed in accordance with, the laws of the
England and Wales and the parties irrevocably submit to the exclusive jurisdiction of
the
courts of the England & Wales and their Courts of Appeal.
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