Terms and Conditions

Last updated: March 22, 2020

Please read these Terms of Use (“Terms”, “Terms of Use”) carefully before using the https://spotlockbullion.com website (the “Service”) operated by SpotLock Bullion Inc (“us”, “we”, or “our”).

Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service.

By accessing or using the Service you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.

User Agreement

You must be at least 18 years or older to use this website, https://spotlockbullion.com Before you may place orders to purchase from, and/or sell to, Spotlock Bullion Inc  you must read and accept all of the terms in the User Agreement.

Purchases, Sales, and Orders
You may place orders from Spotlock Bullion Inc only in accordance with the Policy and Procedures.

Disclaimers
You are subject any disclaimer(s) that have been made available by SpotLock Bullion Inc, which SpotLock Bullion Inc encourages you to access and to read carefully, and to the other Disclaimers that are contained in this User Agreement and the other policies adopted by Spotlock Bullion Inc.

In addition, you represent and warrant to Spotlock Bullion Inc that you have sufficient experience and knowledge to make informed decisions to conduct business with SpotLock Bullion Inc. You expressly acknowledge that you are responsible for all of your individual purchases and/or sales and that SpotLock Bullion Inc is not providing investment advice or any recommendation with respect to such purchases and/or such sales. You also expressly acknowledge that you are subject to a variety of risks, which risks are beyond the control of Spotlock Bullion Inc, and you expressly acknowledge that SpotLock Bullion Inc is not liable or responsible for those risks, for which you have sole responsibility. Those risks include, without limitation,  risks associated with the price volatility of the products, particularly precious metals.

 

Indemnification
You shall indemnify and hold harmless SpotLock Bullion Inc. and its partners, affiliates, directors, officers and shareholders from and against any and all costs, damages, expenses, liabilities and obligations, including, without limitation, reasonable attorneys’ fees, that you may incur as a result of, or in connection with, (a) any breach of any representation or warranty made by you to Spotlock Bullion Inc or (b) your failure to comply with this User Agreement or the policies adopted by Spotlock Bullion Inc.

Limitation of Liability
You are subject to the limitations of liability contained in this User Agreement, the Disclaimer and the other policies adopted by Spotlock Bullion Inc.
In the event that, notwithstanding such limitations of liability, Spotlock Bullion Inc is determined to be liable to you in connection with any transaction between Spotlock Bullion Inc and you pursuant to this User Agreement, the maximum liability of Spotlock Bullion Inc  shall be limited to the amount, if any, that you paid in such transaction. Spotlock Bullion Inc shall not, in any event, be liable to you for any indirect, consequential, exemplary or punitive damages.

Privacy
Spotlock Bullion Inc has adopted a Privacy Policy, available by hyperlink, which you are encouraged to access and to read carefully.

Other Policies
By purchasing from, making sales to, or ordering from Spotlock Bullion Inc, whether by telephone, through the website or otherwise, you are subject to such policies, with which you hereby agree to comply.

Export Compliance
Every product that Spotlock Bullion sells is subject to all United States export laws. No products may be exported or re-exported into, or to a national or resident of, Cuba, Iran, North Korea, Syria or any country to which the United States has embargoed goods. Additionally, no products may be exported or re-exported to anyone on the United States Treasury Department’s list of Specially designated Nationals or the United States Commerce Department’s Table of Denial Orders.

Anti-money Laundering
Spotlock Bullion Inc maintains an Anti-money Laundering Program which is available by hyperlink, and by agreeing to our Terms & Conditions, customers also agree to Spotlock Bullion Inc(s)  Anti-money Laundering policies.

Default; Rights and Remedies
Upon any failure by you to comply with your obligations to SpotLock Bullion Inc, Spotlock Bullion Inc shall have all of the rights and the remedies available to Spotlock Bullion Inc, whether at law, in equity or otherwise, including, without limitation, rights and remedies under this User Agreement. Without limiting its rights and its remedies, Spotlock Bullion Inc may, in it’s discretion, turn your account over to an attorney or a  collection agency for collection.
In addition to the other rights and the other remedies available to Spotlock Bullion Inc, you agree to be subject to Spotlock Bullion Inc’s Market Loss Policy.

Market Loss policy

Upon issuance of an sales order confirmation number following a purchase from Spotlock Bullion Inc, the price is guaranteed and You may not cancel the transaction. The transaction may only be offset at SpotLock Bullion Inc’s current asking price. If Your item is cancelled, You are responsible for any deficit between the price at which SpotLock Bullion Inc sold the item to You and the offsetting purchase price. As set forth above, all cancellations are subject to our market loss policy, in addition to a $50.00 cancellation fee. Market gains on cancellations or returns shall remain the property of Spotlock Bullion Inc. Without limiting any other legal or equitable rights and remedies that may be available to Spotlock Bullion Inc, Spotlock Bullion Inc may elect to apply any and all of Your funds in its possession to satisfy any monetary obligations that you have with Spotlock Bullion Inc and/or may offset any obligations that Spotlock Bullion Inc may have to You. Spotlock Bullion Inc also reserves the right, in its sole and absolute discretion, to apply any/all funds in its possession toward the satisfaction of Your obligations to Spotlock Bullion Inc. This Market Loss Policy is not applicable to “Numismatic” product categories.

CANCELLATION POLICY
Once You have placed an order with Spotlock Bullion Inc You have entered into a legally binding agreement, and cannot cancel the confirmed order. However, at any time after Your confirmed order has been placed, but prior to it being shipped, the confirmed Purchase Price may be offset (product sold back to Spotlock Bullion Inc) by Spotlock Bullion Inc’s lowest Bid Price (“Bid Price”) on the day that we receive Your written request for such an offsetting transaction before the order is shipped. Spotlock Bullion Inc reserves the right, in its sole discretion, to permit cancellation and/or offsetting Your order. Offsetting orders may be approved over telephone or email, at which time Spotlock Bullion Inc shall provide You with a cancellation confirmation and Spotlock Bullion Inc’s current Bid Price. Cancelled orders are subject to our market loss policy, described above, plus a $50.00 cancellation fee. As applicable, the difference between the Purchase Price and the Bid Price will be added to the $50.00 cancellation fee. In the event of a confirmed cancelled order, You expressly authorize Spotlock Bullion Inc to automatically bill the credit or debit card on file for the difference between the Purchase Price and the Bid Price, plus the $50.00 cancellation fee. Alternatively, in the event that Your credit or debit card is denied, Spotlock Bullion Inc reserves the right to invoice You, in which case, You expressly agree to pay the amount due, in full, within ten (7) business days. Future orders are not permitted unless and until any cancellation and other related fees are paid in full.
Any and all market gains on cancellations shall belong solely to Spotlock Bullion Inc.

Accounts

When you create an account with us, you must provide us information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service.

You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service.

You agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.

Intellectual Property

The Service and its original content, features and functionality are and will remain the exclusive property of SpotLock Bullion Inc and its licensors.

Links To Other Web Sites

Our Service may contain links to third-party web sites or services that are not owned or controlled by SpotLock Bullion Inc.

SpotLock Bullion Inc has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that SpotLock Bullion Inc 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 use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.

Termination

We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

Upon termination, your right to use the Service will immediately cease. If you wish to terminate your account, you may simply discontinue using the Service.

All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

Disclaimer

Your use of the Service is at your sole risk. 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, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance.

Governing Law

These Terms shall be governed and construed in accordance with the laws of the state of Wyoming, without regard to its conflict of law provisions.

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. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.

Changes

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

Contact Us

If you have any questions about these Terms, please contact us.