ORDA.mn Logo

TERMS OF SERVICE

  1. GENERAL

These Terms of Service (Terms) establish the legally binding terms and conditions for use of Services provided by ORDA to its Users on the Platform. Please read these Terms carefully before installing, using or registering for the App or the Website as a User. By installing, accessing, browsing, using or registering for the Platform, you acknowledge that you accept and agree to these Terms which bind you legally. For the purpose of the Terms:

-ORDA means ORDA Wealth LLC, as well as its affiliates and subsidiaries;

-Platform means website, mobile app and/or other platform(s) of ORDA;

-Services means services provided by ORDA;

-Users means all users including the visitors of the Platform;

-App means the ORDA mobile application;

-Website means ORDA’s website at www.orda.mn;

-You means the user who is getting acquainted with these Terms.

In addition to the Terms, any applicable rules applied by Apple Inc. ("App Store Rules") and Google Inc. ("Play Store Rules") with respect to the use of their App Store and Play Store respectively located at https://www.apple.com/itunes and https://play.google.com/store will be applicable to Users.

The content provided in the Platform is intended for general informational purposes for Users’ investment activity only. Users should not rely on the information provided in the Platform for the prevention or mitigation of risks or as an explanation of coverage of loss or damage for the decisions they made unless otherwise provided in the respective agreement they enter into with ORDA. These Terms apply to use of the Platform and do not change or alter any other contract or agreement between you and the ORDA.

  1. DISCLAIMER AND ACKNOWLEDGEMENTS

The Terms apply to the use of the App and Website, including any updates or supplements thereto. ORDA may change or revise these Terms from time to time at its sole discretion, with or without notice to Users. Users are bound by any such revisions and should therefore periodically visit to review the then-current Terms. Any access and use will be subject to the most current version of the Terms. Use by the Users of the PLatform after such revised Terms are made available will signify your acceptance of such revised Terms and your agreement to be bound by them. You hereby confirm that you are of legal age in your country to form a binding contract and hereby agree to be bound by these Terms. Any Service, including but not limited to any ORDA’s content and/or asset listings, financial, accounting, tax, or legal advice or documents prepared for informational purposes should not be considered an offer, solicitation of offer or advice to buy or sell investment products and/or securities. Any decisions based on the information contained in the Platform are the sole responsibility of the User. The investment products and/or securities made available through or discussed on the Platform may not be suitable for all investors. All Users accessing the Platform do make decisions to invest on their own accord and are responsible for compliance with applicable laws and regulations to which they are subject to (Please read the full Investment Disclaimer here.

  1. OWNERSHIP OF THE PLATFORM

The App and the Website are owned and operated by ORDA. ORDA reserves all of its rights with regard to copyright and trademark ownership of all material on the Platform, and will enforce such rights to the full extent of the law.

  1. LICENSES

ORDA grants you a limited, non-exclusive, non-transferable, revocable license to use the App and the Website for your personal, non-commercial purposes. You may only use the App and the Platform on devices that you own or control and as permitted by the App Store Rules and the Play Store Rules.

Except as expressly permitted under these Terms, and unless prohibited by applicable laws, you agree :

(a) not to copy the App except where such copying is incidental to the normal use of the App, or where it is necessary for the purpose of back-up or operational security;

(b) not to rent, lease, sub-license, loan, translate, merge, adapt, vary or modify the App;

(c) not to make alterations to, or modifications of, the whole or any part of the App, or permit the App or any part of it to be combined with, or become incorporated in, any other programs;

(d) not to disassemble, decompile, reverse-engineer or create derivative works based on the whole or any part of the App or attempt to do any such thing except to the extent that such actions cannot be prohibited because they are essential for the purpose of achieving inter-operability of the App with another software program, and provided that the information obtained by you during such activities is not disclosed or communicated without our prior written consent to any third party and is not used to create any software that is substantially similar to the App;

(e) to include our copyright notice on all entire and partial copies you make of the App on any medium; and

(f) not to provide or otherwise make available the App in whole or in part (including object and source code), in any form to any person without prior written consent from us.

  1. OTHER RESTRICTIONS

By accepting these Terms you agree to the following:
(a) not to use the App and the Platform in any unlawful manner, for any unlawful or criminal purpose, or in any manner inconsistent with these Terms, or act fraudulently;
(b) not to use the App and the Platform to record, post or transmit any information that is defamatory, threatening, abusive, offensive, obscene, indecent, discriminatory or is otherwise objectionable or infringes on third party rights;
(c) not to violate or attempt to violate the security of the App and the Platform;

(d) not to access information or data which you are not authorized to access;

(e) not to damage, disable, overburden, impair or compromise our systems or security or interfere with other users;

(f) not to use any device, software, routine or other means to interfere or attempt to interfere with the proper working of the App and the Platform.

  1. INTELLECTUAL PROPERTY RIGHTS

You acknowledge that all intellectual property rights in the App and the Platform anywhere in the world belong to us or our licensors, that rights in the App and the Platform are licensed (not sold) to you, and that you have no rights in, or to, the App and the Platform other than the right to use them in accordance with these Terms. You acknowledge that you have no right to have access to the App in source code form.

  1. DISCLAIMER

The App and the Platform are provided on an “as is”, “as available” basis without warranties of any kind. All warranties and representations, express, implied, and statutory, including but not limited to the warranties of merchantability, fitness for a particular purpose, and non-infringement of proprietary rights, are expressly disclaimed to the fullest extent permitted by law.

We do not warrant that the functions contained in the App or the Platform will be uninterrupted or error-free, that defects will be corrected or that the App is free of viruses or other harmful components. We do not warrant or make any representations regarding the use or the results of the use of the App. You agree to conduct your own due diligence to assess the accuracy, reliability and quality of all content provided by the App and the Platform.

  1. LIMITED WARRANTY

The App and the respective parts of the Platform shall be validly licensed, of satisfactory quality, fit for the purpose for which it was provided and shall comply in all material respects with the description made available to you prior to downloading or installing it.

  1. AVAILABILITY

We reserve the right, temporarily or permanently, in whole or in part, to modify, suspend or discontinue the App without notice for any reason without liability to you, except where prohibited by applicable law. Although we make the best effort to make the Services available at all times, there may be times when we need to disable the Services either temporarily or permanently. We reserve the right to discontinue, change, suspend, remove and/or disable access to any Platform and to impose limits on the use of or access to any Service, in each case at any time and without notice or liability. In no event will we be liable for the discontinuance, modification, suspension or removal of, or disabling of access to, any such Service at any time and/or for any period of time. Also, from time to time, we may restrict access to some parts of the Services, or all Services, to registered users.

  1. LIMITATION OF LIABILITY

You agree that you use the App and the respective parts of the Platform at your own risk. You further understand and agree that we are not responsible or liable for your illegal, unauthorized, or improper use of information transmitted, monitored, stored or received using the App and the Platform. To the fullest extent permitted under applicable law, in no event shall we be liable to you personally for any loss, injury or damages (including but not limited to any special, indirect, consequential or punitive damages, lost profits, lost revenues or other incidental damages) arising out of the use, inability to use, or the results of use of the App and the Platform if applicable.

  1. TERMINATION

ORDA may discontinue, suspend or modify the App at any time without notice and may block, terminate or suspend your access to the App and the Platform, with no effect to your investments, at any time without notice for any reason in its sole discretion, even if access continues to be allowed to others.

  1. JURISDICTION

To the extent permitted by applicable law, these Terms are governed and construed by the laws of Mongolia and you consent to the non-exclusive jurisdiction of the Mongolian courts. We retain the right to bring proceedings against you for breach of these Terms in your country of residence or other relevant country.

  1. OTHER

We may transfer our rights and obligations under these Terms to another organization, but this will not affect your rights or your obligations under these Terms. You may not transfer your rights or obligations under these Terms. Each of the conditions of these Terms operates separately. If any court or competent authority decides that any of them are unlawful or unenforceable, the remaining conditions will remain in full force and effect. These Terms constitute the entire agreement between us with respect to your use of the App and the Platform. Such Terms supersede all prior understandings or agreements between us. In addition, in entering into these Terms you have not relied on and (in the absence of fraud) you shall have no right or remedy in respect of any statement, representation, assurance or warranty other than as set out in these Terms.