WEBSITE SALE TERMS

You agree to be bound by the terms set out below (in addition to the terms of use for this Website) in relation to any purchase you make through this Website.

General

Technology may be purchased from a Vendor through this Website in one of the following ways:

• If provided for in the relevant Listing, by participating in a tender process, in accordance with the terms set out in the Listing;
• by contacting the relevant IP Agent whose details appear in the relevant Listing and negotiating directly with the IP Agent and the Vendor.

The Listing Agent for the Technology (as disclosed in the relevant Listing) will act as the agent of the Vendor in selling the Technology.

IP Market Holdings does not make any representations as to access to this Website being continuous, uninterrupted or error-free.

IP Market Holdings does not screen, review, check or otherwise authenticate any Technology or any Listing.  It is your responsibility to make such inquiries as you deem fit to satisfy yourself as to whether you wish to purchase any Technology.

You consent to the IP Agent disclosing details of any transaction to which you are a party relating to any Technology to IP Market Holdings (including a copy of any documentation recording that transaction), which disclosure is required to be carried out by the IP Agent in order to fulfil its obligations to IP Market Holdings.

Any inquiries relating to sales conducted through this Website:

1. in respect of a particular Listing, should be directed to the IP Agent;
2. in general, should be directed to IP Market Holdings.

Registration

In order to bid for any Technology or purchase any Technology, you must register and log in.

Your registration details will be made available to IP Market Holdings and the relevant IP Agent only (unless otherwise authorised by you).

You must keep your password confidential and secure and not disclose it to any other person.  Please notify IP Market Holdings as soon as possible if you suspect that your password is no longer confidential.

Payments

All payments must be made to the IP Agent or Vendor (as agreed with the Listing Agent or Vendor).  IP Market Holdings does not accept any payments on behalf of any IP Agent or Vendor and will not be responsible for the security of any payments made.

All amounts listed on this Website are expressed in United States of America (US) dollars (unless stated otherwise).  You are responsible for determining whether any additional payments (for example, in respect of any value-added or sales tax) are required to be made to the Vendor in addition to the agreed purchase price.

Sale and Purchase Terms

If an offer is received on a Listing, those 'watching' the Listing will be informed . Those contacted will be invited to submit their best offer.  At the end of the defined period, the accepted offer, if any, is chosen.  An offer does not have to be accepted by the Vendor.

Following the close of a transaction, if an offer was accepted you will be informed by the relevant IP Agent.  In this case, you have five working days to contact the Listing Agent.  If you do not contact the Listing Agent within that time, the Vendor may (at its discretion) re-list the Technology or sell the Technology to a third party.

All offers are to be submitted in US dollars (unless otherwise stated), and are to be submitted in whole dollar amounts.  There is no minimum offer amount.  All offers are deemed to be exclusive of any value-added or sales tax which you may be required to pay in addition to the purchase price.

Negotiations

If you wish to negotiate the purchase price or other terms offered in, or require further information about, any Listing, you must contact the IP Agent or the Vendor for that Listing.