ARTICLE 1 – SCOPE OF APPLICATION OF THE GENERAL TERMS AND CONDITIONS AND THE CONTRACT
1.1 These General Terms and Conditions of Contract (hereinafter, the “General Terms and Conditions” or “GTC”) govern the terms and conditions of sale and the provision of services offered by Credit Glorious Property Holdings Ltd., whose registered office is located at 9-11 Staples Inn, London, United Kingdom (hereinafter, the “Company”).

1.2 The GTC form an integral and essential part of the service sale agreement (hereinafter, the “Contract”) entered into between the Company and the purchaser, including any and all entities that are economically or legally affiliated with the purchaser (hereinafter, the “Client”), in connection with the purchase of services provided by the Company. The Client acknowledges having received full knowledge and understanding of the GTC and expressly agrees to be bound by them upon execution of the Contract.

1.3 The version of the GTC applicable to the Contract shall be the version in force as of the date on which the Client places the purchase order.

1.4 The Client hereby declares to have read, understood, and accepted these GTC, which have been made available in a clear and transparent manner, including but not limited to publication on the Company’s website. The Client further confirms acceptance in full by signing the Contract.

1.5 These GTC shall apply to all sales and services provided by the Company, including but not limited to: a. online sales via the website www.cgph.info (hereinafter, the “Website”); b. sales via email or fax; c. sales conducted by telephone; and d. sales conducted through the Company’s authorized collaborators, agents, or intermediaries.

1.6 By signing this document, the Client expressly agrees to be bound by the terms and conditions herein governing the requested services.

1.7 The Company reserves the right to amend the GTC at any time. The version of the GTC applicable to any order shall be the one in force at the time the Client submits the order, unless otherwise expressly agreed in writing by the parties. Any amendments to the GTC shall apply exclusively to orders placed after the date of publication on the Website or after formal notification of the amendments to the Client.

1.8 As a condition for the validity of any order, the Company requires written confirmation from the Client within three (3) business days from the submission of the order. Should the Client fail to provide such confirmation within the specified timeframe, the Company reserves the right, at its sole discretion, to deem the order null and void or unconfirmed.

ARTICLE 2 – EXECUTION OF THE CONTRACT 2.1 The Contract shall be deemed concluded only upon the Company’s written confirmation of acceptance of the Client’s order, which may be issued through: a. an order confirmation (hereinafter, the “Order Confirmation”); b. an Online Order Confirmation (as defined under Article 3.1 of these GTC); or c. the issuance of an invoice.

2.2 The Company reserves the right, at its sole discretion, to refuse any order placed by the Client without being required to disclose the reasons for such refusal. The Company may, at its sole discretion, decide whether or not to notify the Client of the refusal and its reasons, it being understood that the absence of such notification shall under no circumstances be construed as implicit acceptance of the order.

2.3 By placing an order through any of the methods provided, the Client acknowledges and confirms that it has reviewed all information provided by the Company during the negotiation of the Contract’s terms and unconditionally accepts these GTC.

2.4 The Contract supersedes and replaces any prior offer, correspondence, letter of intent, or any other written or oral communication exchanged between the Company and the Client.

2.5 Any amendment to the Contract concluded in accordance with the above shall require the prior written consent of both parties.

ARTICLE 3 – ORDERS PLACED THROUGH THE WEBSITE 3.1 An order submitted by the Client via the Website, by entering all required information into the system (hereinafter, the “Online Order”), shall constitute an offer made by the Client to the Company for the conclusion of a Contract.

3.2 Confirmation of receipt and acceptance of the Online Order by the Company (hereinafter, the “Online Order Confirmation”) shall be provided by means of an email sent by the Company to the email address provided by the Client.

3.3 The Online Order Confirmation shall indicate the date and time of the order, its identification number (hereinafter, the “Order Number”), which must be referenced in all future correspondence between the Client and the Company regarding the relevant order, and shall include a summary of the Client’s submitted data. The Client undertakes to promptly verify the accuracy of the information contained therein and to notify the Company in writing of any discrepancies within five (5) business days from receipt of the Online Order Confirmation. In the absence of such notice within the specified timeframe, the Online Order Confirmation shall be deemed fully valid and correct, and shall form an integral part of the Contract.

3.4 Access to certain sections of the Website requires prior registration by the Client and the creation of a username and password. The Client is solely responsible for maintaining the confidentiality of its username and password and shall be held exclusively liable for all activities conducted under its account. The Client undertakes to immediately notify the Company of any unauthorized use of its username, password, or account, as well as any other breach of security involving access to the Website via its account. The Client shall bear full liability for any damage suffered by the Company due to negligent or improper use of the account, including use by unauthorized third parties who may have obtained the Client’s credentials.

3.5 The Company shall be entitled to suspend the performance of any obligation undertaken under this Agreement in the event that the Client fails to make, or delays in making — even partially — any payment due by way of fees, expense reimbursement, or any other monetary obligation provided for under this Agreement, until full settlement of the outstanding amounts has been received. It is expressly understood and agreed between the Parties that any such suspension of services by the Company shall in no way be deemed as a breach of contract, nor shall it entitle the Client to claim any compensation or to consider the Agreement terminated. Likewise, such suspension shall not justify the Client in suspending or delaying any further payments due under this Agreement.

3.6 Should a period of fifteen (15) days elapse from the due date of any payment without the Client having fully discharged the relevant monetary obligation, the Company shall be entitled, upon formal notice served in accordance with the Swiss Code of Obligations (CO) granting a final additional period of ten (10) days, to claim — as a penalty — an amount equal to the unpaid sum, without prejudice to the Company’s right to seek compensation for any greater damage suffered. In any event, the Company shall also be entitled to terminate the Agreement.

ARTICLE 4 – OBJECT OF THE CONTRACT 4.1 The object of this Contract is defined by the services described and specified in the Order Confirmation, the Online Order Confirmation, or the invoice issued by the Company to the Client. These documents form an integral and substantial part of the Contract and shall conclusively determine the nature, characteristics, and scope of the services to be provided by the Company.

4.2 Any services, activities, or performances not expressly specified in the aforementioned documents shall fall outside the scope of this Contract and, if requested, shall be charged separately in accordance with the rates applicable on the date of the request or as otherwise agreed in writing by the parties.

ARTICLE 5 – TERMS OF USE 5.1 The use of the services provided by the Company shall be under the sole and exclusive responsibility of the Client. The Company does not exercise any control over the manner in which the Client uses the services and, therefore, shall not be held liable for any improper, unlawful, non-compliant, or otherwise unauthorized use of the services contrary to their intended purpose or in breach of applicable laws and regulations.

5.2 The services provided by the Company concern functional assistance for the issuance and/or monetization of financial instruments originating from foreign States. Such instruments (including, but not limited to: Stand-by Letters of Credit, bank guarantees, and similar instruments) are governed exclusively by the national laws, local regulations, and authorizations issued by the competent supervisory authorities of the issuing State.

5.3 The Client acknowledges and agrees that the use of financial instruments resulting from the services provided may be subject to legal or regulatory restrictions under various jurisdictions, and undertakes not to use such instruments in violation of any applicable laws, regulations, or rules. The Client hereby agrees to hold the Company harmless from and against any and all liabilities in this regard