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Terms of Use

M& World represented by Hofmann Ltd. (Adress: Budaörsi út 11. 2092 Budakeszi, Hungary/Europe; “we”, “us” or “the Company”) and it’s Partner Offices have created a website at www.mandaworld.org (the "Website" or "Site") that provides social networking, deal sharing, M&A transaction activities and other services for business professionals.

If you wish to use this website (the “Site”), you must first read these Terms of Use (“Terms”) carefully and agree with them. By using the Site you agree to the terms of this agreement. These Terms act as a binding agreement between you and the Company and governs you to use our site. If you do not wish to be bound by these Terms, then please do not enter the Site or register with it. The Company reserves the right to modify or change this agreement or any other policy on our Site at any time, and the ability to do so is in our sole discretion, and any such changes, unless otherwise noted, will be applicable immediately. We will post any changes to the Terms on the Site and you should check for any changes on subsequent visits. Your continued usage of our site will mean you accept those changes. Always the current Terms are considered as in force and applicable.
 
I.    Disclaimer
The materials available at this website are for informational purposes only and not for the purpose of providing financial, legal, or any other type of advice. Neither the Company, nor any providers of information make any warranties, express or implied as to the results obtained from the use of information on this Site, and make no express or implied warranties of merchantability or fitness for a particular purpose or use. Facts and information are believed to be accurate at the time they were placed on the Site and they are obtained from sources that we believe are reliable, but neither the Company nor any of its providers of information shall have any liability for the accuracy, timeliness, or completeness of the information contained on the Site or for delays or omissions there from. Neither the Company nor any of it’s providers of information under no circumstances, including, but not limited to, negligence, shall be liable for any claims or losses of any nature, including, but not limited to, lost profits, punitive, special or consequential damages that result from the use of, or the inability to use the materials in this site.
1.   Use of Site at Your Own Risk. The use of the Internet is solely your own risk and is subject to all applicable local, state, national, and international laws and regulations. The Company is not responsible for the security of information transmitted via the Internet or for the consequences of reliance on such information. The Company does not make any representations whatsoever as to the correctness or accuracy of the Site, the information contained on it or provided to you as a result of your use of it, including confirming: (a) each seller, candidate with assets or buyer's purported identity with respect to M&A World Services; (b) the information provided through the Site; or (c) the information provided by personnel in correspondence with a transaction. It is possible that the Site could include inaccuracies or errors or that unauthorized additions, deletions and alterations could be made to it or bugs, viruses or other malicious programming could be placed onto the Site by third parties. The Company and its affiliates, officers, employees, agents, partners and licensors make no warranty that:
1.1.     the website or any service will meet your requirements;
1.2.     the website will be uninterrupted, timely, secure or error-free;
1.3.     the results that may be obtained from the use of the website will be accurate or reliable;
1.4.     the quality of any products, services, information or other material purchased or obtained by you through the Site will meet your expectations; and
1.5.     any errors in the software will be corrected.
You must make your own decision as to these matters. In the event that you identify an inaccuracy, bug or malicious program, please inform us so that we can attempt to correct it. Information contained on the Site may be changed or updated by the Company without notice; provided, however, you and not the Company are solely responsible for updating your information. You assume full and complete responsibility in the use of and in the reliance on any and all information provided through the Site, including the information in the Listing Service or provided to you by the Company in connection with your use of M&A World Services, deal sharing, valuations, access and/or links to professionals, sample forms, language, checklist and other documentation and information. You bear all risk of loss or damage in your use of the Site. When entering into any transaction (with another firm) do not base your decision solely on the information contained on the Site or provided to you by the Company through your user ship relation. You will conduct your own due diligence before entering into a transaction. We assume no responsibility for verifying, investigating, supplementing, updating or correcting the information contained on the Site or provided to you by the Company in connection with your use of it or for performing any due diligence with respect to any transaction contemplated by you. Information about the businesses and individuals that list on www.mandaworld.org or which are otherwise introduced to you by the Company in connection with your use of M&A World Services is provided by those businesses and individuals. The Company does not make any warranties concerning businesses, individuals and the topicality of the data that list on the Site or that are otherwise introduced to you. The Company does not provide legal, employment, tax, accounting, financial or regulatory advice in the acquisition, merger or sales process with respect to any information contained on the Site. There are risks associated with any sort of transaction and employment relationship, including, but not limited to, fraud or people acting under false pretence, theft and privacy. The Company is not responsible and do not take the risk of losing the uploaded data to the Site.
2.   Confidential contract
You agree to all the information supplied to you through M&A World Services and web sites about
a prospective buyer or seller and it’s affiliates and agents will be deemed confidential information (“Confidential Information“). You will handle any and all Confidential Information you obtain confidentially and will use and permit the use of Confidential Information solely in connection with a particular potential transaction with the party to whom the Confidential Information relates.
Without limiting the foregoing, you shall use at least the same degree of care, but no less than reasonable care to avoid disclosure or use of Confidential Information as you employ with respect to your own confidential information of similar importance; and you may disclose or provide access only to your responsible employees and advisors who are actively working on a particular potential transaction or potential employment relationship and who agree to abide by the confidentiality provisions of the Site.

You agree that you will bear the responsibility for the use of Confidential Information by your employees and advisors and that you will take all steps necessary to ensure that your employees and professional advisors, such as lawyers and financial advisors avoid disclosure of Confidential Information. You may make copies of Confidential Information only to the extent reasonably necessary for purposes of the particular prospective transaction or prospective employment relationship. Confidential Information does not include information that:
2.1.     has previously became or is generally known;
2.2.     was already rightfully known by you prior to being disclosed by or obtained through the Service as evidenced by written records kept in the ordinary course of business or by proof of actual use by you;
2.3.     has been or is hereafter rightfully received by you from a third person beside the limitation of disclosing and without the contravention of the duty of the confidentiality to the Company; or
2.4.     has been independently developed by you without access to Confidential Information.
You agree to treat as strictly private and confidential any subscriber code, username, user ID or password which you may have received from the Company and all information to which you have access through password-protected areas of the Site and will not cause or permit any such information to be communicated, copied or otherwise divulged to any other person whatsoever.
 
II.    Agreement
1.   By using the Site, you will be deemed to have accepted the Terms. The Terms constitute a binding legal agreement between you and us, and incorporate our Privacy Policy and our disclaimer. If you are accessing the Site and/or Service during the course of your employment by an organisation which has validly entered into an agreement to contract with us for the use of the Service, you will also be deemed to have accepted, and be bound by these Terms.
2.   You agree that we may modify the Terms without notice to you and when we determine. We will post any changes to the Terms on the Site and you should check for any changes on subsequent visits. You agree to any use by you of the Site following changes having been posted by us will be deemed acceptance of all such changes.
 
III.    Registration
1.     You represent and warrant to us that any and all information provided by you (including any information you provide on registering for use of the service) is true, accurate and complete. If any of your informations changes, you agree to update the information in a timely fashion. You may only upload information referring to your company or your mandate (considered acting on behalf of another company) in a way that no third party could identify your company or your mandate.
2.     If the Company suspects that your registration or other provided information are inaccurate, you identify yourself with your provided information or that you have otherwise violated these Terms, your information may be moderated (to ensure anonymity towards third parties), or your account may be suspended and/or terminated. You agree to do not impersonate any other person or entity or to use a false name or a name that you are not authorised to use. The Company also reserves the right to refuse or cancel your membership at any time for any reason at its discretion. We reserve the right to decline any application from you to register as a user of the Service in our sole discretion and/or to suspend or terminate your use of the Site and/or the Service where we in our sole discretion believe that you are in beach of the Terms.
IV.    Access
1.   In order to enhance user experience, you agree that we may change the structure, content and nature of the Site at any time without noticing you.
2.   In particular, you agree that:
2.1.     we may cease providing any or all of the Site and/or the Service to you;
2.2.     if we (in our sole discretion) determine that your bandwidth usage exceeds a reasonable level, we may control your use of the site by reducing or preventing your access;
2.3.     your access to the Site is free of charge, unless otherwise stipulated by us. In the event that, and to the extent that, we make no such stipulation, our fulfilment of the obligations imposed by these Terms is in consideration of your fulfilment of all obligations imposed by these Terms upon you.
3.   You are responsible for maintaining the confidentiality of your password. To do this, please keep your password in secret. You are also fully responsible for all activities that occur under your account. If you become aware of a breach of your account or password, it is your responsibility to immediately inform the Company.
 
V.    Privacy
1.   Your use of the Site, including any registration process, may involve your disclosure of personal data (which term shall include sensitive personal data as well) to us relating to data subjects. In the event that you do so disclose such personal data, you:
1.1.     warrant and represent to us that you have secured all consents and permissions, and have taken all actions necessary, as may be required by applicable law for the purposes of disclosure to us and subsequent use by us of any such data relating to third parties in the provision of the Site in accordance with our Privacy Policy; and
1.2.     in relation to any personal data relating to you, you consent to the use of such personal data in accordance with our Privacy Policy.
 
VI.    Restrictions on Use
1.   You may only use the Site in accordance with these Terms, and as may be permitted by any relevant law and/or decree of any relevant regulatory body. You agree to use information obtained from the Site only for your own private use or the internal purposes of your business, provided that is not the selling or broking of information, and in no event cause or permit to be published, printed, downloaded, transmitted, distributed, reengineered, or reproduced in any form any part of the databases (whether directly or in condensed, selective or tabulated form) whether for resale, republishing, redistribution, viewing, or otherwise.
2.   You agree not to access (or attempt to access), monitor and/or copy any of the Site through any automated means, including use of agents, robots, spiders, scripts, web crawlers, search/retrieval applications or any other automated device, process, program or use such means to access, retrieve or index any portion of the Site.
3.   You agree that you will not engage in any activity, or use any device, routine or software that interferes with the working, or disrupts the Site or the servers and networks which are connected to the Site.
4.   You shall only use the Site, the Service, and any database accessed through the Site (each such a Database) for your own private purposes (save to the extent that we give you written explicit permission). By way of example, you shall not copy all or part of the contents of the site or any Database for the purpose of making those contents available to a third parties without our prior written consent.
5.   You shall not transmit any electronic items that are harmful to a computer such as worms, viruses, defects or Trojan horses and etc.
6.   You shall not remove any trademark, copyright or other proprietary rights notices appearing on our site or on any other material obtained via our site.
 
VII.     Components, contents and extensions
1.     Except as otherwise indicated, materials in this website are copyrighted and all rights are reserved.
Our Site, and all marks, logos, images, texts and other content contain therein, including, without limitation, logos, all of the texts, graphics, designs, information, software, data, sound files, other files, and the selection and arrangement thereof are the proprietary property of the Company or it’s users or licensors and are protected by domestic and international copyright laws.
2.     The Site contains a range of information (including text, data files, video, audio and graphics and other content, together: Content) which is protected by copyrights, trademarks and other forms of M&A World Rights recognized and protected by domestic and international laws. You agree to comply with all such law which can be applied to you adequately.
3.     With a permit in the present Terms, you may not copy, or make any utilisation of any part of the Site (or the Service and/or of any Database) or use any M&A World Rights for any purposes. In particular you may not modify, rent, lease, loan, sell, distribute or create derivative works based on the Content (either in whole or in part) unless you have been specifically permitted to do so by us, or in a separate agreement by the owners of that Content.
4.     You may not use any of the trademarks, trade names, service marks, copyrights, logos, domain names and other distinctive brand features belonging to us or any third party unless you have valid written permission to do so. You agree not to alter, remove or obscure any proprietary rights notices (including copyright and trade mark notices) which may appear in or being held within the Site. Nothing herein shall authorize you to create any database, directory or hard copy publication of or from the databases, whether for internal or external distribution or use.
5.     You agree that you are solely responsible for any Content that you create, transmit or display while using the Site and for the consequences of your actions (including any loss or damage which we may suffer) by doing so. You may edit, change or delete any of your Content at any time of your choosing. You agree that we have no responsibility for policing how such content is used: you are responsible for protecting and enforcing any such right. With the Content you create you shall not breach any person’s privacy or publicity rights, you shall not create misrepresentation of facts, including the impersonation of any persons or entity or otherwise misrepresenting an affiliation with a person or identity, and you shall not violate any applicable law, statute, ordinance or regulation, or encouraging or providing instructions so that others could do so.
6.     You acknowledge that we may or may not examine your Content prior to posting it and that we have the right to, in our sole discretion, decide not to publish, or to modify any of your Content. This ability to pre-screen and reject user generated Content is a right, but not an obligation, that we can exercise at any time, with or without notice.
7.     By submitting consent to the Site you grant us a perpetual, irrevocable, royalty-free and non-exclusive licence to use any Content submitted by you in any manner we in our sole discretion think fit on the Site (including the option not to use it, or to use only a part of it, to delete or archive it or to make changes to such content as we in our sole discretion may determine). You agree that we may transmit or distribute your Content over various public networks and in various media, as part of the technical process of providing the Site. Finally, you represent and warrant to us that you have all necessary rights and authority to grant the licence contained in this clause. Your submitting of Content does not extinguish your ownership right in such content, you continue to have the right to use your Content in any way that you deem fit.
8.     In these Terms M&A World rights shall mean all M&A World rights wherever in the world arising, whether registered or unregistered (and including any application), including copyright, database rights, patents, patent applications, patent rights, rights in designs, trademarks, trademark applications, trademark registrations, trademark rights, trade secrets and all other M&A World and proprietary information rights as may exist now or hereafter come into existence, all modifications, continuations, renewals and extensions of the foregoing, and all claims, actions, causes of action, damages, costs, expenses, profits, penalties, recoveries and remedies relating to any past, present or future infringement of any of the foregoing, arising under the laws of any country, state or jurisdiction in the world.
 
VIII.    Copyright Complaints
1.     If you believe that we are posting any material on our Site that infringes upon any copyright that you hold or control, or that users are directed to a site through link on our Site that you believe is infringing upon
a copyright that you hold or control, you may file a notification of such infringement with us.
Such notification should include:
1.1.     a signature (physical or electronic) and contact information (including phone number and address)of a person authorized to act on behalf of the copyright that has allegedly been infringed upon;
1.2.     identification of the materials or works that are allegedly being infringed upon;
1.3.     identification of the material that is allegedly infringing upon these works, including information that will assist us in locating the material on our site and verifying its existence;
1.4.     a statement that the person notifying us of the alleged infringement has a good faith belief that the material is not authorized by the copyright owner, its agent or the law; and
1.5.     a statement made under penal law responsibility that the information is accurate and that the notifying party is authorized to make the complaint on behalf of the copyright owner.
 
Audit
1.   You grant us the right to audit your use of the Site, so as to ensure compliance by you with these Terms.
2.   These Terms represent the entire agreement of you and us in relation to the subject matter of these Terms and supersedes any previous agreement between you and us in relation to the Site.
 
IX.    Violations of these Terms of Use
1.     Please report any violations of these Terms, including objectionable user generated Content or behaviour, by contacting us. Please state the reasons for your concern and provide a link to the user generated Content or, if appropriate, the behaviour in question. Upon receiving such a report of possible violation, we will take such actions as we determine are appropriate in our sole discretion. The failure to exercise or enforce any right or provision of these Terms shall not operate as a waiver by the Company of such a right or provision.
 
X.    Termination
1.     This agreement will terminate immediately without notice at the Company’s sole discretion, should you fail to comply with any terms or provisions of this agreement. Upon termination, you must destroy all materials obtained from this Site and any and all other site(s) and all copies thereof, whether made under the terms of this agreement or otherwise.