Token Sale terms of use
My Cayman Condos

Introduction

Using our services, any potential customer accepts any legal clause and binding of our Terms and Conditions statement, of Privacy Policy and of this current selling legal agreement.

In this sense, we will not repeat any legal Disclaimer or Limitation of Liability in using our services, since the user should have already read and accepted these legal bindings in the specific Terms and Conditions legal document.

Acceptance of Use

As already mentioned, any user must completely read, understand and accept this legal binding document before any type of Token purchasing using our domain http://mycayman.condos.
Additionally, the user accepts as follows:

– The Website Owner and its Affiliates strictly follow anti-money laundering (AML), “know your customer” (KYC) and other banking or government regulations in respective jurisdictions. You fully agree to assist the Website Owner in fulfillment of the mentioned regulations and provide any necessary information if such is required from You by the authorized authority. In particular, you, the user, accepts the specific “Anti Money Laundering” legal clauses here expressed.

– BY PURCHASING, HOLDING, OR USING THE PURCHASED TOKENS, YOU ACKNOWLEDGE THAT TRANSACTIONS USING THEM ARE INHERENTLY UNSTABLE AND AGREE TO ACCEPT THAT RISK, AND AGREE THAT WEBSITE OWNER IS NOT LIABLE FOR ANY LOSS THAT YOU MAY EXPERIENCE, AND FURTHER ACKNOWLEDGE, ACCEPT AND ASSUME THE TOTAL RISK AT YOUR OWN.

– THE MARKETING AND SALE OF THE TOKENS IS BEING MADE IN THE PERMITTED JURISDICTIONS ON THE BASIS THAT THE MARKET TOKENS DO NOT CONSTITUTE A SECURITY, FINANCIAL INSTRUMENT OR OTHERWISE REGULATED INVESTMENT IN THOSE JURISDICTIONS SUCH THAT THE PROSPECTUS OR OTHER DISCLOSURE REQUIREMENTS AND OTHER INVESTOR SAFEGUARDS THAT WOULD APPLY TO A SECURITIES OFFERING WILL NOT APPLY TO THE ISSUANCE AND SALE OF THE MARKET TOKENS IN THE PERMITTED JURISDICTIONS. IN ADDITION, THE TOKEN MARKET IS NOT REGULATED IN THE PERMITTED JURISDICTIONS AND IS NOT REQUIRED TO BE REGISTERED WITH, OR LICENSED OR AUTHORIZED BY, RELEVANT AUTHORITIES IN THE PERMITTED JURISDICTIONS.

– FINALLY, OUR TOKEN MARKET IS NOT A STOCK OR ANY OTHER INVESTMENT INSTRUMENTS EXCHANGE. TOKENS ARE NOT SECURITIES AND SHALL NOT, IN ANY CASE, BE CONSIDERED AS SUCH, AND THE OFFER OF MARKET TOKENS HAVE NOT BEEN REGISTERED WITH ANY GOVERNMENT ENTITY. TOKENS DO NOT REPRESENT ANY SHARE, STAKE, DEBT OR SECURITY OR EQUIVALENT RIGHTS, INCLUDING, BUT NOT LIMITED TO, ANY RIGHT TO RECEIVE FUTURE REVENUE OR PROFIT SHARES OR INTELLECTUAL PROPERTY RIGHTS OF MARKET, OR ANY VOTING OR GOVERNANCE RIGHTS OR ANY OTHER RIGHT TO INFLUENCE THE DEVELOPMENT OR OPERATION OF MARKET, AND DO NOT REPRESENT ANY OWNERSHIP RIGHT OF MARKET.

ICO Tokens Limitations

The user accepts the act that any ICO token is not securities of My Cayman Condos but represents only a simple pre-paid voucher for accommodations rentals and the total availability number of this set of tokens may change from time to time.

Indemnification

To the extent permitted by Applicable Law, You shall indemnify, defend, and hold the Website Owner and/or its subsidiaries, Affiliates, directors, officers, employees, agents, successors, and permitted assignees harmless from and against any and all claims, damages, losses, suits, actions, demands, proceedings, expenses, and/or liabilities (including but not limited to reasonable attorneys’ fees incurred and/or those necessary to successfully establish the right to indemnification) filed/incurred by any third party against the Website Owner arising out of a breach of any warranty, representation, or obligation hereunder.

You shall not have any claim of any nature whatsoever against the Website Owner for any failure by the Website Owner to carry out any of its obligations under these Terms as a result of causes beyond its control, including but not limited to any strike, lockout, shortage of labor or materials, delays in transport, hacker attacks on the Website or any resources which have any relation to Tokens Sale, any economic instability, accidents of any kind, any default or delay by any sub-contractor or supplier of ours, riot, any political or civil disturbances, the elements, by an act of state or government including regulatory action imposed, any delay in securing any permit, consent or approval required by the Website Owner, for the supply of products under these Terms or any other authority or any other cause whatsoever beyond our absolute and direct control.

No Warranties

Any and all purchases of Tokens by any Users are final and non-refundable. By purchasing the Token, You acknowledge that neither Website Owner nor any of its Affiliates are required to provide a refund for any reason and that You will not receive money or other compensation for any Token that is not used or remains unused for any reason.

The Website and Tokens are provided on an “as is” basis and without any representations or warranties of any kind, either expressed or implied. You assume all responsibility and risk with respect to Your use of the Website and buying of any amount of Tokens and their use.

You hereby expressly agree that, to the maximum extent permitted by the Applicable Law, neither the Website Owner nor its Affiliates shall be liable to You, regardless of the basis or theory upon which the liability is claimed, for any damage or loss, including loss of business, revenue, or profits, or loss of or damage to data, equipment, or software (direct, indirect, punitive, actual, consequential, incidental, special, exemplary or otherwise) resulting from the use of, inability to use, or availability or unavailability of the Website or the material, information, software, facilities, services or content on the Website.

Third Party Token Distribution

Any distribution of tokens to any potential third party, after the purchase from My Cayman Condos, is outside of the control and responsibility of the current Company, My Cayman Condos, however, the company will provide information to any local authority if this last part, the company, retains necessary this act without the requirement of a legal warrant.

Token monetary redemption

Any set of tokens could be redeemed only for local KYD currency or, at a limit, using the USD (American Dollars) currency if a minimum redemption fund is available in a determined exchange currency for a specific exchange market within the companies profile. Additionally, the company fully reserves the right to select the token holder able to submit purchases from on the exchange at any given amount of time.

User Risks and Company Limitation of Liabilities

You understand and acknowledge that Tokens and other associated and related technologies are not exclusively controlled by the Website Owner and adverse changes in market forces or the technology, broadly construed, may prevent or compromise the Website Owner’s performance under these Terms and/or the Accompanying Documents. As such, the purchase of Tokens carries with it a number of risks.

Prior to purchasing Tokens, You should carefully consider the risks listed herein and, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the risks associated with purchasing and holding Tokens are unacceptable to You, You should not purchase Tokens.

It is possible that due to a number of reasons outside of the Website Owner’s control, including but not limited to, changes in regulatory or intellectual property law, technological advancements, decreases in token, the failure of commercial relationships, or the malfunction, breakdown or abandonment of these technologies.

The market value of Tokens may change from time to time. Any tokens may not have market value. You should expect fluctuations, both down and up, in the market value of Tokens that you purchase, if any, and such fluctuations may be extremely volatile, including price crashes that may occur in the event of political or economic crises that cause a large-scale sell-o of Tokens. In addition, there may not be a market for resale of the Tokens or exchanging Tokens for fiat currencies, and the Website Owner cannot and does not guarantee market liquidity for Tokens or the ability to exchange Tokens for fiat currencies by purchasers of Tokens.

There may be additional risks that cannot be anticipated or foreseen due to the incipience of token technology and related technologies.

Jurisdiction

All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the laws of the Cayman Islands (Applicable Law).

To resolve any dispute, controversy or claim between them arising out of or relating to this Agreement, or the breach thereof, the Parties agree first to negotiate in good faith for a period of not less than sixty (60) days following written notification of such controversy or claim to the other Party.

If the negotiations do not resolve the dispute, controversy or claim to the reasonable satisfaction of all Parties during such period, then the Parties irrevocably and unconditionally submit the respective claim to the binding arbitration with the Rules of Arbitration of International Chamber of Commerce. The claim is to be reviewed by one or more arbitrators appointed in accordance with the said rules. Except for any disputes, claims, suits, actions, causes of action, demands or proceedings in which either Party seeks injunctive or other equitable relief for the alleged unlawful use of intellectual property, including, without limitation, copyrights, trademarks, trade names, logos, trade secrets or patents, You and the Website Owner (a) waive Your and Website Owner’s respective rights to have any and all disputes arising from or related to these Terms resolved in a court, and (b) waive your and Website Owner’s respective rights to a jury trial. The substantive law shall be the Applicable Law (including all other operating rules, policies, and procedures that may be issued by the Website Owner and published from time to time on the Website), without regard to conflict of law rules or principles.

© 2018 My Cayman Condos Ltd

CONTACT US

P.O. Box 924 BT,

Grand Cayman, Cayman Islands.

KY1-1603

PHONE: +1 (345) 949-8952