TERMS OF SERVICE

Please read these terms of use (“Agreement” or “Terms of Service”) carefully before using the website and services offered by MillionaireAsia (“MillionaireAsia Vault”). The Agreement sets out the legally binding terms and conditions for your use of the website at http://millionaireasia.com/ (the “Site”) and all services provided by MillionaireAsia Vault on the site.

By using the Site in any manner, including but not limited to visiting or browsing the Site, you (the “user” or “you”) agree to be bound by this Agreement, including those additional terms and conditions and policies referred to here and/or available by hyperlink. This Agreement applies to all users of the Site, including without limitation users who are sellers, buyers, vendors, contributors of content (together but not limited to, data, text, information, usernames, graphics, images, photographs, profiles, audio, video, items, and links), information and other materials or services on the Site.

MILLIONAIREASIA VAULT IS A VENUE

MillionaireAsia Vault acts as a venue for selected vendors who comply with MillionaireAsia policies to list their items and provide quotes to interested buyers. MillionaireAsia only provides an online venue, MillionaireAsia Vault, to allow vendors to list their items and acts as a third-party to bridge the communication between potential transaction partners offline. MillionaireAsia also has an online subscription for its magazine, MillionaireAsia, which is separate from the MillionaireAsia Vault.

MillionaireAsia has made reasonable effort to post current and accurate information on its website. However, MillionaireAsia assumes no responsibility for any errors, omissions or inaccuracies whatsoever in the information provided in its website. Under no circumstances will MillionaireAsia be held liable any loss or damage caused by the buyer/vendor reliance on information obtained through its website. It is the responsibility of the buyer/vendor to evaluate the accuracy, completeness and usefulness of any information provided, and use of MillionaireAsia’s website is solely at the buyer/vendor own risk.

Operation of the Website may be interfered with by numerous factors outside of its control. Accordingly, MillionaireAsia cannot guarantee continuous or secure access to its online services. To the extent legally permitted, MillionaireAsia also exclude all implied warranties, terms and conditions and are not liable for any loss of money, goodwill, or reputation, or any special, indirect, or consequential damages arising out of any use of its Website and services.

While MillionaireAsia reserves the right to pre-screen vendors and the content provided by the vendor, MillionaireAsia has no control over the quality, safety, morality or legality of any aspect of the items listed, the truth or accuracy of the listings, the ability of sellers to sell items or the ability of buyers to pay for items. Vendors are responsible for the description, quality, truth and accuracy of their listings.

Consequently, MillionaireAsia does not transfer the legal ownership of items from vendor to the buyer. MillionaireAsia also cannot guarantee that a buyer and vendor will actually complete a transaction. Unless the buyer and the seller agree otherwise, the buyer will become the item’s lawful owner upon physical receipt of the item from the seller.

You also agree that MillionaireAsia Vault is a venue and is not responsible for any failure of offline transactions between a potential buyer and a vendor. By providing us content, the buyer and the vendor agrees and acknowledges that the content provided are not sensitive in nature and that this information is given with consent. All materials, information, software, products, services and other content contained in MillionaireAsia’s website and Vault, or obtained from a linked site is provided to the buyer/vendor ‘“as is”” without warranty or conditions of any kind, whether expressed or implied, including, but not limited to, the implied warranties or conditions of merchantability and fitness for a particular purpose, title, non-infringement, security or accuracy.

MEMBERSHIP ELIGIBILITY

By registering an account with MillionaireAsia Vault, you agree that you fit into the profile stated on the registration page and that the information you give is truthful and consented.

MillionaireAsia Vault may, in its sole discretion, refuse to offer access to or use of the Site to any person or entity and may change its eligibility criteria at any time without notice to you. This provision is void where prohibited by law and the right to access the Site is revoked in such jurisdictions.

Compliance: You agree to comply with all local laws regarding online conduct and acceptable content. You are responsible for all applicable taxes payable as a result of your activity on the Site. In addition, you agree to abide by MillionaireAsia Vault’s policies as stated in this Agreement and listed below (if applicable to your activities on or use of the Site) as well as all other operating rules, policies and procedures that may be published from time to time on the Site by MillionaireAsia Vault, each of which is incorporated herein by reference and each of which may be updated by MillionaireAsia Vault from time to time without notice to you:

In addition, some services offered through the Site may be subject to additional terms and conditions published by MillionaireAsia Vault from time to time; your use of such services is subject to those additional terms and conditions, which are incorporated into this Agreement by this reference.

Password: Keep your password secure. You are fully responsible for all activity, liability and damage resulting from your failure to maintain password confidentiality. You agree to immediately notify MillionaireAsia Vault of any unauthorised use of your password or any breach of security. You also agree that MillionaireAsia Vault cannot and will not be liable for any loss or damage arising from your failure to keep your password secure. You agree not to provide your username and/or password information to any other party other than MillionaireAsia Vault without MillionaireAsia Vault’s express written permission.

Account Information: You must keep your account information up-to-date and accurate at all times, including a valid email and address. To sell items on MillionaireAsia Vault you must provide and maintain a valid business account (“business registration number”, “business bank account”, “business registered address”).

Account Transfer: You may not transfer or sell your MillionaireAsia Vault account and User ID to another party. If you are registering as a Vendor, you personally guarantee that you have the authority to bind the business entity to this Agreement.

Account Ownership: MillionaireAsia Vault may only hold and operate one active selling account at any one time and the selling account must only be operated by the named account holder. If a secondary account is required then the Vendor must request prior written permission from MillionaireAsia Vault. MillionaireAsia Vault reserves the right to reject any such request and may, at its discretion, terminate additional selling accounts or selling accounts being operated by a person other than the named account holder without prior warning.

Right to Refuse Service: MillionaireAsia Vault reserves the right to refuse service to anyone at any time. MillionaireAsia Vault ‘s services are not available to temporarily or indefinitely suspended MillionaireAsia Vault  members. MillionaireAsia Vault reserves the right, in MillionaireAsia Vault ‘s sole discretion, to cancel unconfirmed or inactive accounts.

PROHIBITED, QUESTIONABLE AND INFRINGING ITEMS AND ACTIVITIES

The Vendor and Buyer are solely responsible for their conduct and activities on MillionaireAsia Vault and during a potential transaction offline and any content that you submit, post, and display on MillionaireAsia Vault.

RESTRICTED ACTIVITIES: YOUR CONTENT AND YOUR USE OF MILLIONAIREASIA VAULT:

  1. Must not be false, inaccurate or misleading
  2. Must not be fraudulent or involve the sale of illegal, counterfeit or stolen items
  3. Must not infringe upon any third-party’s copyright, patent, trademark, trade secret or other proprietary or intellectual property rights or rights of publicity or privacy
  4. Must not breach this Agreement, any site policy or community guidelines, or any applicable law or regulation (including, but not limited to, those governing export control, consumer protection, unfair competition, antidiscrimination or false advertising)
  5. Must not contain items that have been identified as hazardous to consumers
  6. Must not be defamatory, libellous, unlawfully threatening, unlawfully harassing, impersonate or intimidate any person (including MillionaireAsia Vault staff or other users), or falsely state or otherwise misrepresent your affiliation with any person, through for example, the use of similar email address, nicknames, or creation of false account(s) or any other method or device
  7. Must not be obscene
  8. Must not contain or transmit any code of a destructive nature that may damage, interfere with, intercept or expropriate any system, data or personal information
  9. Must not modify, adapt or hack MillionaireAsia Vault or modify another website so as to falsely imply that it is associated with MillionaireAsia Vault;
  10. Must not link directly or indirectly, reference or contain descriptions of goods or services that are prohibited under this Agreement or other policy documents as posted on MillionaireAsia Vault.

Furthermore, you must not list any item on MillionaireAsia Vault (or conclude any transaction that was initiated using MillionaireAsia Vault’s service) that, by paying to MillionaireAsia Vault a commission fee, could cause MillionaireAsia Vault to violate any applicable law, statute, ordinance or regulation, or that violates the Terms of Use.

Violations of this policy may result in a range of actions, including but not limited to:

  • Listing cancellation
  • Loss of Settlement Amount
  • Limits placed on account privileges
  • Account suspension / termination
  • Criminal charges / claim for damages

CONTENT

License: MillionaireAsia Vault does not claim ownership rights in your Content. You grant MillionaireAsia Vault a license solely to enable MillionaireAsia Vault to use any information or Content you supply MillionaireAsia Vault with so that MillionaireAsia Vault is not violating any rights you might have in that Content. You grant MillionaireAsia Vault a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicensable (through multiple tiers) right to exercise the copyright, publicity, and database rights you have in the Content, in any media now known or not currently known, with respect to your Content. You agree to allow MillionaireAsia Vault to store or re-format your Content on MillionaireAsia Vault and display your Content on MillionaireAsia Vault in any way as MillionaireAsia Vault chooses. MillionaireAsia Vault will only use personal information in accordance with MillionaireAsia Vault’s Privacy Policy.

By uploading Content to MillionaireAsia Vault you promise that you own and/or have the right to use such Content in this manner and that such Content does not infringe any third party intellectual property rights. In the event that MillionaireAsia Vault receives a complaint in respect of any Content posted by you it shall be your sole responsibility to deal with such a complaint and to compensate ASOS Marketplace for any loss suffered. MillionaireAsia Vault reserves the right to remove any such Content immediately.

As part of a transaction, you may obtain personal information, including email address and shipping information, from another MillionaireAsia Vault user. Without obtaining prior permission from the other user, this personal information shall only be used for that transaction or for MillionaireAsia Vault-related communications. MillionaireAsia Vault has not granted you a license to use the information for unsolicited commercial messages. Without limiting the foregoing, without express consent from the user, you are not licensed to add any MillionaireAsia Vault user to your email or physical mail list.

By uploading images to MillionaireAsia Vault, you agree that MillionaireAsia Vault has the right to use your images to promote MillionaireAsia Vault and/or your store in any external press as well as across all MillionaireAsia Websites.

Re-Posting Content: By posting Content on MillionaireAsia Vault, it is possible for an outside website or a third party to re-post that Content. You agree to hold MillionaireAsia Vault harmless for any dispute concerning this use. If you choose to display your own MillionaireAsia Vault-hosted image on another website, the image must provide a link back to its listing page on MillionaireAsia Vault.

Idea Submissions: MillionaireAsia Vault considers any unsolicited suggestions, ideas, proposals or other material submitted to it by users via the Site or otherwise (other than the Content and the tangible items sold on the Site by users) (collectively, the “Material”) to be non-confidential and non-proprietary, and MillionaireAsia Vault shall not be liable for the disclosure or use of such Material. If, at MillionaireAsia Vault’s request, any member sends Material to improve the site (for example to customer support), MillionaireAsia Vault will also consider that Material to be non-confidential and non-proprietary and MillionaireAsia Vault will not be liable for use or disclosure of the Material. Any communication by you to MillionaireAsia Vault is subject to this Agreement. You hereby grant and agree to grant MillionaireAsia Vault, under all of your rights in the Material, a worldwide, non-exclusive, perpetual, irrevocable, royalty-free, fully-paid, sublicensable and transferable right and license to incorporate, use, publish and exploit such Material for any purpose whatsoever, commercial or otherwise, including but not limited to incorporating it in the systems, documentation, or any product or service, without compensation or accounting to you and without further recourse by you.

INFORMATION CONTROL

MillionaireAsia Vault does not control the Content provided by users that is made available on MillionaireAsia Vault. You may find some Content to be offensive, harmful, inaccurate, or deceptive. There are also risks of dealing with underage persons or people acting under false pretense.

Additionally, there may also be risks dealing with international trade. By using MillionaireAsia Vault, you agree to accept such risks and that MillionaireAsia Vault (and MillionaireAsia Vault’s officers, directors, agents, subsidiaries, joint ventures and employees) is not responsible for any acts or omissions of users on MillionaireAsia Vault. Please use caution, common sense, and practice safe buying and selling when using MillionaireAsia Vault.

Other Resources: MillionaireAsia Vault is not responsible for the availability of outside websites or resources linked to or referenced on the Site. MillionaireAsia Vault does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from such websites or resources. You agree that MillionaireAsia Vault shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such websites or resources or via pop ups which may appear when accessing the Site from your computer.

RESOLUTION OF DISPUTES AND RELEASE

In the event a dispute arises between you and MillionaireAsia Vault, please contact MillionaireAsia Vault.

Any dispute arising from or relating to the subject matter of this Agreement shall be subject to the exclusive jurisdiction of the courts of Singapore. Use of the Site is not authorised in any jurisdiction that does not give effect to all provisions of the Agreement, including without limitation, this section.

Should you have a dispute with one or more users, or an outside party, you release MillionaireAsia Vault (and its officers, directors, agents, subsidiaries, joint ventures and employees) from any and all claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes.

MillionaireAsia Vault, for the benefit of users, may try to help users resolve disputes.  MillionaireAsia Vault does so in its sole discretion, and it has no obligation to resolve disputes between users or between users and outside parties. To the extent that MillionaireAsia Vault attempts to resolve a dispute it will do so in good faith based solely on its this agreement and its policies.  MillionaireAsia Vault will not make judgments regarding legal issues or claims and all disputes related to financial transactions will ultimately be determined by PayPal.

MILLIONAIREASIA VAULT’S INTELLECTUAL PROPERTY

MillionaireAsia Vault, and other MillionaireAsia graphics, logos, designs, page headers, button icons, scripts, and service names are trademarks or trade dress of  MillionaireAsia plc and its subsidiaries.  MillionaireAsia Vault’s copyright, trademarks, service marks, logos, business name, domain name, rights in get up and trade dress and all other intellectual property rights may not be used, including without limitation as part of trademarks and/or as part of domain names or email addresses, in connection with any product or service in any manner that is likely to cause confusion.

BREACH

Without limiting any other remedies, MillionaireAsia Vault may, without notice, and without refunding any fees, delay or immediately remove Content, warn  MillionaireAsia Vault’s community of a user’s actions, issue a warning to a user, temporarily suspend a user, temporarily or indefinitely suspend a user’s account privileges, terminate a user’s account, prohibit access to the Site, and take technical and legal steps to keep a user off the Site and refuse to provide services to a user if any of the following apply:

  • MillionaireAsia Vault suspects a user has breached this Agreement, the Privacy Policy, or other policy documents and community guidelines incorporated herein.
  • MillionaireAsia Vault is unable to verify or authenticate any of your personal information or Content
  • MillionaireAsia Vault believes that a user is acting inconsistently with the letter or spirit of MillionaireAsia Vault’s policies and/or this Agreement, has engaged in improper or fraudulent activity in connection with MillionaireAsia Vault or the actions may cause legal liability or financial loss to MillionaireAsia Vault’s users or to MillionaireAsia Vault.

PRIVACY

MillionaireAsia Vault will not sell or disclose your personal information (as defined in the Privacy Policy) to third parties without your explicit consent.

NO WARRANTY

MILLIONAIREASIA VAULT, OFFICERS, DIRECTORS, EMPLOYEES, AND SUPPLIERS PROVIDE MILLIONAIREASIA VAULT’S WEB SITE AND SERVICES “AS IS” AND WITHOUT ANY WARRANTY OR CONDITION, EXPRESS, IMPLIED OR STATUTORY.  MILLIONAIREASIA VAULT, ITS OFFICERS, DIRECTORS, EMPLOYEES AND SUPPLIERS SPECIFICALLY DISCLAIM ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, PERFORMANCE, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. IN ADDITION, NO ADVICE OR INFORMATION (ORAL OR WRITTEN) OBTAINED BY YOU FROM ASOS MARKETPLACE SHALL CREATE ANY WARRANTY.

LIABILITY LIMIT

IN NO EVENT SHALL MILLIONAIREASIA VAULT, AND (AS APPLICABLE) ITS OFFICERS, DIRECTORS, EMPLOYEES OR SUPPLIERS BE LIABLE FOR ANY DAMAGES WHATSOEVER, WHETHER DIRECT, INDIRECT, GENERAL, SPECIAL, COMPENSATORY, CONSEQUENTIAL, AND/OR INCIDENTAL, ARISING OUT OF OR RELATING TO THE CONDUCT OF YOU OR ANYONE ELSE IN CONNECTION WITH THE USE OF THE SITE, MILLIONAIREASIA VAULT’S SERVICES, OR THIS AGREEMENT, INCLUDING WITHOUT LIMITATION, LOST PROFITS, BODILY INJURY, EMOTIONAL DISTRESS, OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES.

INDEMNITY

YOU AGREE TO INDEMNIFY AND HOLD MILLIONAIREASIA VAULT AND (AS APPLICABLE)  MILLIONAIREASIA VAULT’S PARENT, SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, AGENTS, AND EMPLOYEES, HARMLESS FROM ANY CLAIM OR DEMAND, INCLUDING REASONABLE LEGAL FEES, MADE BY ANY THIRD PARTY DUE TO OR ARISING OUT OF YOUR BREACH OF THIS AGREEMENT OR THE DOCUMENTS IT INCORPORATES BY REFERENCE, OR YOUR BREACH OF ANY LAW OR THE RIGHTS OF A THIRD PARTY.

NO GUARANTEE

MillionaireAsia Vault does not guarantee continuous, uninterrupted access to the Site, and operation of the Site may be interfered with by numerous factors outside MillionaireAsia Vault’s control or otherwise.

LEGAL COMPLIANCE AND TAXES

You shall comply with all applicable domestic and international laws and regulations regarding your use of the Site and any MillionaireAsia Vault service and, if applicable, your listing, purchase, solicitation of offers to purchase, and sale of items. In addition, you shall be responsible for paying any and all taxes applicable to any purchases or sales of items you make on the Site.

SEVERABILITY

If any provision of this Agreement is held unenforceable, then such provision will be modified to reflect the parties’ intention. All remaining provisions of this Agreement shall remain in full force and effect.

NO AGENCY

You and MillionaireAsia Vault are independent contractors, and no agency, partnership, joint venture, employee-employer or franchiser-franchisee relationship is intended or created by this Agreement.

MILLIONAIREASIA VAULT SERVICE

MillionaireAsia Vault reserves the right to modify or terminate the MillionaireAsia Vault service for any reason, without notice, at any time. MillionaireAsia Vault reserves the right to alter these Terms of Use or other Site policies at any time, so please review the policies frequently. If MillionaireAsia Vault makes a material change MillionaireAsia Vault will notify you here, by email, by means of a notice on our homepage, or other places MillionaireAsia Vault deems appropriate. What constitutes a “material change” will be determined at MillionaireAsia Vault’s sole discretion, in good faith, and using common sense and reasonable judgment.

CHOICE OF LAW

This Agreement shall in all respects be interpreted and construed with and by the laws of Singapore.

SURVIVAL

Sections MillionaireAsia Vault Is A Venue, Membership Eligibility, Prohibited, Questionable And Infringing Items And Activities, Content, Information Control,Resolution Of Disputes And Release, MillionaireAsia Vault’s Intellectual Property, Breach, Privacy, No Warranty, Liability Limit, Indemnity, No Guarantee, Legal Compliance; Taxes, Severability, No Agency, MillionaireAsia Vault Service, Choice of Law, Survival, Notices, Disclosures shall survive any termination or expiration of this Agreement.

NOTICES

Except as explicitly stated otherwise, any notices shall be given by post to Events Creation Pte Ltd ; 545 Orchard Road #08-09, Far East Shopping Centre, Singapore 238882 (in the case of MillionaireAsia Vault) or, in your case, to the email address you provide to MillionaireAsia Vault (either during the registration process or when your email address changes). Notice shall be deemed given 24 hours after email is sent, unless the sending party is notified that the email address is invalid. Alternatively, MillionaireAsia Vault may give you notice by post to the address provided to MillionaireAsia Vault. In such case, notice shall be deemed given three days after the date of posting.

Please note that MillionaireAsia Vault will deal with all complaints (on valid receipt of your notice) as soon as they can and within a reasonable timeframe.

For issues with intellectual property, please provide the notice as specified in the agreement.

DISCLOSURES

The services hereunder are offered by MillionaireAsia which is a part of Events Creation Pte Ltd, located at 545 Orchard Road #08-09, Far East Shopping Centre, Singapore 238882.