This Terms and Conditions of Use ("Agreement") is a legal document that explains your rights and obligations as a user of Common App for ID registration and Consent Mechanism of Global Shipping Business Network Limited (the “Company” or “GSBN”).

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The Common App for ID Registration and Consent Mechanism is an online tool offered by the Company (“App”). By accessing or using any website with an authorized link to the GSBN website and/or the App, registering an account and/or accessing, using or providing any consent, authorization, information or resources available or enabled via the GSBN website and/or the App (collectively, the "Information"), clicking on a button or taking another action to signify your acceptance of this Agreement, you: (1) agree to be bound by this Agreement and any future amendments and additions to this Agreement as published through the website and/or the App; (2) represent you are of legal age in your jurisdiction of residence to form a binding contract; and (3) represent that you have the authority to enter into this Agreement personally and, if applicable, on behalf of any company, organization or other legal entity on whose behalf you provide or use the Information.

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Except as otherwise provided herein, if you do not agree to be bound by this Agreement, you may not access, provide, or use the Information.

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1. REGISTRATION AS A USER

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You become a user of App ("User") by completing the registration of an account (“Account”). This Agreement takes effect as soon as you indicate your acceptance of these terms.

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When registering an Account, you agree to provide only true, lawful, accurate, current and complete information requested by the registration form (the "Registration Data") and to promptly update the Registration Data thereafter as necessary. The Registration Data may include personally identifiable information such as, your email address, name, company registered address, personal data relating directly or indirectly to you, practicable for the identity of you and other information. Your submission of Registration Data is governed by Company’s Privacy Policy, https://www.gsbn.trade/privacy , (the “Privacy Policy”), which we strongly advise and require you to read before providing or using the Information.

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You represent that you are not barred from providing or using the Information under any applicable law and that you are authorized and responsible for all activities that occur under your Account. You agree to monitor your Account to restrict its use by unauthorized users and agree not to share your Account or password with anyone. You further agree to notify the Company immediately of any unauthorized use of your password or any other breach of the security of your Account and to exit from your Account at the end of each session. You agree not to create an Account using a false identity or alias or if you previously have been banned from providing or using any of the Information. The Company reserves the right to remove or reclaim any usernames at any time and for any reason.

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2. LICENSE

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2.1     As user of Information, the Company grants you a non-exclusive license to search and view the Information for the purposes of the Company’s Trade Finance Product]. As provider of the Information, you grant the Company non-exclusive license to allow other users of the App or Company’s customers to access and view the Information you have provided in the Account. You are fully aware and consent to any parties who may have access to access and view the Information you have provided, including the Company and/or the users of this App or whoever you grant authorization or consent to have access to the Information.

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2.2     As a user of Information, you undertake that you will not:

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1. Modify the consents or authorizations on the App; or

2. Share your password/login details with anyone.
    

2.3     We may monitor your usage of the Account and Information.

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2.4     Unless otherwise expressly permitted in these terms, you may not: (i) sell, sublicense, distribute, display, store, copy, modify, decompile or disassemble, reverse engineer, translate or transfer the Information in whole or in part, or as a component of any other product or service; (ii) use the Information to create any derivative works or competitive products; or (iii) use any programmatic, scripted or other mechanical means to access the Information.

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3. DISCLAIMER

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3.1     General Disclaimer. All warranties, conditions and other terms implied by statute or law are excluded to the maximum extent permitted by applicable laws. Unless expressly provided, the Information available on the App are presented “as is” without warranty of any kind. The Company does not warrant or represent that the Information will be free of any inaccuracies, interruptions, delays, omissions, or errors (“Faults”), or that all Faults will be corrected. The Company shall not be liable for any loss, damage or cost resulting from any such Faults. As user of Information, you assume sole responsibility and entire risk as to the suitability and results obtained from use of the Information, and any decisions made, or actions taken based on the Information contained in the App. You are solely responsible for the preparation, content, accuracy and review of any documents, data, or output prepared or resulting from the use of the Information. In no event shall the Company or its third-party providers be liable for any penalties, interest or taxes assessed by any governmental or regulatory authority.

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4. ONLINE CONDUCT AND ILLEGAL BEHAVIOR

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Your online conduct and interaction with other users should be guided by common sense and basic etiquette. The Company may terminate your Account at any time for any conduct or activity that we deem as illegal, improper, or otherwise negatively affects the use of Information by other users. You acknowledge that the Company is not required to provide you notice before terminating your Account.

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5. INFORMATION ON THE APP AND PRE-SCREEN OF INFORMATION

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If you provide the Company with any feedback or suggestions about the App, the Company is free to use the feedback or suggestions however it chooses, without any obligation to account to you.

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The Company has no obligation to pre-screen any content. You use all Information at your own risk. Without limiting the foregoing, the Company reserves the right in its sole discretion to reject any Information. The Company shall have the right to remove any Information that violates this Agreement or is otherwise objectionable.

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6. APPLICABLE LAW/JURISDICTION

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This document is governed by and is to be construed in accordance with the laws of Hong Kong applicable therein.

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Each party irrevocably and unconditionally submits to the exclusive jurisdiction of the courts of Hong Kong (and any court of appeal) and waives any right to object to an action being brought in those courts, including on the basis of an inconvenient forum or those courts not having jurisdiction.

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7. MISCELLANEOUS

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A. Electronic Communications

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The communications between you and the Company use electronic means, whether you visit the App or send the Company e-mails, or whether the Company posts notices on the App or communicates with you via e-mail. For contractual purposes, you (1) consent to receive communications from the Company in an electronic form; and (2) agree that all terms and conditions, agreements, notices, disclosures, and other communications and documents that the Company provides to you electronically will have the same legal effect that such communications or documents would have if they were outlined in "writing". The foregoing sentence does not affect your statutory rights.
 

B. Questions, Complaints, Claims

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If you have any questions, complaints, or claims concerning the App, please contact us at info@gsbn.trade. We will do our best to address your concerns.

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C. Revision Date

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This Agreement was last updated in May 2022. The Company may, at any time and without liability, modify or discontinue all or part of the App or change the Terms and Conditions of Use. In the event of any updated Terms and Conditions of Use, it replaces your existing agreement with the Company.