Agency Agreement of GGHEAVEN.COM - Marketplace for Gamers:
This Agency Agreement is part of the Public Offer by GGHeaven PTE. LTD. (hereinafter also referred to as IE).
Permanent link https://ggheaven.com/agency-agreement (hereinafter also referred to as the Agreement).
By accepting the Agreement, you also give full and unconditional consent to the conditions set forth in the Agreement.
If you do not agree with any condition, do not accept the Agreement until you have fully agreed with it.
The main language of the below Agreement is Russian language and to be referenced to at ggheaven.com/ru-agency-agreement
1. SUBJECT OF THE AGREEMENT
1.1. Under this Agreement, the buyer instructs IE as an agent to perform on behalf of the Buyer and at his expense, legal and other actions for the execution of transactions concluded through the Site by the Buyer with the Sellers and agrees to pay IE the agency fee.
1.2. Acceptance by the Buyer through the Site of the transaction with the Seller means an automatic order by the Buyer to IE in accordance with the Agreement to fulfill the Buyer’s obligations under such a transaction to the Seller and to assist in its proper execution by the Seller.
2. RIGHTS AND OBLIGATIONS OF THE PARTIES
2.1. Agent reports.
2.1.1. IE posts reports under the Agreement in the form of transactions performed in the personal account of the User (Buyer or Seller), usually within an hour, but no more than 24 hours.
2.1.2. The report does not include evidence of expenses incurred by IE at the expense of the Buyer, if the Buyer was informed about them in advance (provided for by the Agreement). If the Buyer does not agree with the expenses indicated before the confirmation of the transaction with the Seller he should not confirm the transaction with the Seller.
2.1.3. A buyer who has objections to the IE report must report them within 24 hours. Otherwise, the report is considered accepted by the Buyer.
2.2. Agency fees and IE expenses.
2.2.1. The agency fee is paid in two stages and is determined as a percentage of:
2.2.1.A. the amount that the Buyer pays as a security deposit for the execution by IE on behalf of the Buyer and at his expense of the latter’s obligations to the Sellers to pay for the property and to fulfill the Buyer’s obligations to IE (payment of agency fees and reimbursement of agency costs). This remuneration is paid by the Buyer (withheld by IE) at the time the security deposit is paid. The amount of remuneration on average is no more than 5% of the transaction price between the Seller and the Buyer and is calculated automatically by the Site.
2.2.1.B. from the price of a specific transaction between the Buyer and the Seller. This remuneration is paid by the Buyer (held by IE) at the time the IE fulfills the Buyer’s obligation to pay for his transaction concluded with the Seller through the Site. The amount of remuneration on average is no more than 50% of the transaction price between the Seller and the Buyer and is calculated automatically by the Site.
2.2.2. The costs incurred by IE for the execution of the Agreement are compensated as incurred.
2.3. Guaranteed execution of the transaction.
2.3.1. The IE guarantee of the execution of the transaction between the Seller and the Buyer is realized through:
2.3.1.A. the functionality of the Site, which provides that the Buyer’s money in payment for the transaction with the Seller is debited from the Buyer (which guarantees the Seller payment), but is not distributed to the Seller until he confirms the fact that the transaction has been executed by the Seller (which guarantees the Buyer receiving agreed property) and
2.3.1.B. IE services for pre-trial dispute resolution, as provided for in clause 2.3.2 of the Agreement (hereinafter also referred to as Arbitration).
2.3.2. The Arbitration Rules are posted at ggheaven.com/arbitrage. The Arbitration procedure is mandatory for Users (before going to court).
2.3.3. If IE makes the wrong decision during the Arbitration, they should reimburse the affected User disputed transaction price between the Seller and the Buyer. This is an exclusive penalty for IE (losses in excess of this amount are not reimbursed by IE).
2.3.4. If the transaction is not executed by the Seller, the security deposit is subject to return to the Buyer, while the IE agency fee calculated from the transaction price (clause 2.2.1.B of the Agreement) is returned to the Buyer, and the fee calculated from the amount of the security deposit (clause 2.2.1.A of the Agreement) is not returned.
3. OTHER PROVISIONS
3.1. This Agency Agreement is a part of the License Agreement, and therefore is valid insofar as the License Agreement is in effect; Agency Agreement does not operate separately from the License Agreement, independently.
3.2 The text of the Agreement is protected by copyright (the exclusive right is reserved for the author of the text). The user and third parties are not entitled to use the text of the Agreement or its protected parts in other contracts, and also is not entitled to make any other use of the text of the Agreement, except for the purpose of executing the Agreement and only when such use of the text of the Agreement or its parts is necessary.
3.3 Actual version of this Agency Agreement: https://ggheaven.com/agency-agreement
4. IE account:
Beneficiary GGHeaven PTE. LTD.
Beneficiary address 68 Circular Road #02-01, 049422, Singapore
Registration Number 202221248R