You are to read, understand and accept these Terms very well, as you are only allowed to use this service after your acceptance of and agreed to comply with the Terms as it applies to all who continues to use the services offered by ThisOKs.
This agreement defines the Terms and Conditions (the "Terms") between you with the fund as (the "Contributor") and ("ThisOKs", "We"," Us") as you agree to buy some OKs for a business package ("Product") as proposed by the business or project owner (the "Merchant") on our platform (the "Site").
Your contribution is for a particular Product, proposed by the Merchant as any Merchant can have unlimited number of Products on the Site. You agree that you cannot claim any share or stake in the entity (organization or company) that owns the product instead your returns are as defined by the Merchant and with respect to how many OKs you have purchased.
ThisOKs does not provide any financial advice or Contribution recommendation, as a Contributor you are solely responsible for evaluating the merits and risks associated with the Products boarding on the site before making any contribution. Our service is to showcase the products whose owners are seeking for your contribution. We provide you with the tool to purchase OKs from these products and credit you with the returns when it is due. We have no warranty over these products as they are not our products but that of the Merchants. It is strongly recommended that you seek for an independent opinion with regards to any product (business objectives, propositions and unique risk profile) carefully before purchasing of any OKs.
OKs is a unit of transaction on this platform and not to be treated as Securities as stated in the Securities and Exchanges Commission Act and as such not regulated by SEC. All transactions are to be treated as commercial and as such regulated by Nigeria Commercial Laws. Any dispute at any time arising from this transaction shall be resolved by arbitration. The arbitration is to take place in Lagos Nigeria and be governed by the Laws of Lagos State Nigeria, the decision of the Arbitrator on this matter is final.
You agree that by purchasing OKs, your contribution would be tied and unavailable for the entire duration of the business cycle. All returns from the Product are remitted to the electronic wallet on the site when the business is due. When the wallet tied to your account is credited with your returns, you can then decide whether to debit (withdraw) the fund and transfer to the bank account you provided us with or to contribute to another product.
You are over the age of 18 years, be of sound mind and have the capacity to enter into this agreement to bear the merits and risks associated with Contributing to any Product.
You can represent or access the Service on behalf of legal entity such as a company, trust or partnership, only when you are legally authorized to do so as we may need an evidence of such mandate or authorization.
You are not and would not be involved in any form of money laundry as we have an obligation to report your activities to the relevant authorities without recourse to you.
Your account with us, must be created and updated with information that is accurate, complete, and current at all times. You breach the Terms when you fail to do so, as it may result in termination of your account on our Service without a notice or liability.
Your names (first name and surname) must be the exact names as with your bank account name as this cannot be changed on the Site. Your PIN is your responsibility to protect as it gives you access to the Service. Contact us upon becoming aware of any breach of security or unauthorized use of your account.
ThisOKs reserves the right to start, change, suspend, or discontinue the Service which includes, but not limited to, the availability of any feature, database, or content and can suspend, evict, limit or terminate any Contributor from enjoying the Service or access to the Site at any time without a prior notice or liability. At this point, your right to use the Service will immediately cease.
You will indemnify and hold harmless the officers, directors, shareholders, partners, employees and representatives of ThisOKs from and against any and all claims, demands, actions, causes of action, suits, proceedings, losses, damages, costs, and expenses, including reasonable attorneys' fees, arising from or relating to your access and/or use of the Service. 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. The use of the Service is at your own risk.
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.
ThisOKs may at any time revise the Terms by updating this document. You agree to be bound by subsequent revisions and agree to review these Terms periodically for changes. The most recent version of the Term will be available for your review under the "Terms and Conditions" that appears on the site.