Terms and Conditions
Buyer shall pay Vendors for all orders placed via the Platform (each, an “Order”) based on payment schedule specified at the time of purchase. All purchases made via the platform are equivalent to a binding contract with the Vendor that the Buyer is purchasing from, and is pursuant to Vendor terms. Nonpayment for any purchases entitles the Vendor to execute all legal means necessary to collect the money due.
Buyer will (i) not share its Platform log-on or credentials with any person, (ii) perform its obli gations under this agreement in compliance with all state, local, federal and foreign laws, orders and regulations; (iii) not disclose any of PurchasingNYC’s confidential business information, including the terms of this Agreement, to any third party inclu ding, without limitation, any Vendors); and (iv) not copy, reverse engineer, reverse compile or otherwise reduce to human readable form any software associated with the Platform or any of PurchasingNYC’s other intellectual property.
Buyer agrees to purchase goods from Vendors on the platform at its own risk. PurchasingNYC makes no performance or delivery guarantees on behalf of any Vendors on the platform. In no event will PurchasingNYC or its affiliates be liable for any special, incidental, indirect, exemplary or consequential damages whatsoever (including, but not limited to, damages for loss of business profits or information, business interruption, or any other pecuniary loss or damage) arising out of Buyer’s use of the Platform, whether arising in tort, contract, or any other legal theory, even if PurchasingNYC has been advised of the possibility of such damages.
Buyer shall indemnify, defend, and hold PurchasingNYC and its affiliates harmless for any and all third party claims, liability, damages and/or costs (including, but not limited to, attorneys’ fees as and when incurred) incurred in connection with Buyer’s use of the Platform. Owner of said company (“Buyer”) is responsible for all purchases and commitments made via the Buyers “Log-in”, regardless of whom from the Buyers party actually triggered the transaction.
PurchasingNYC may terminate Buyer’s access to the Platform at any time and for any reason, in Purch asingNYC’s sole discretion. It shall be unlawful and in violation of this Agreement for Buyer to transmit any viruses, code, files or programs designed to interrupt, destroy or limit the functionality of the Platform.
This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey. The parties consent to the exclusive jurisdiction and venue of the courts located in Ocean County, New Jersey. All costs of litigation and collection incurred by PurchasingNYC with re spect to Buyer’s breach of this Agreement shall be awarded to PurchasingNYC as part of any judgment or award. Any purchases made by the Buyer that may violate the Laws of Ribbis (net 60/90 +) will instead be structured as an investment and will fall under the Iska that was signed by the Buyer and Vendors on the Platform.