If you access or use any Principa owned websites or portals, or any other referenced website or URL within this password protected portal (the "Website", or “Portal”), you agree to be bound by these terms and conditions.
1. Domain and definitions
1.1 The domain name Principa .net (and any others legally owned and registered to Principa) are the sole property of Principa, a Nevada corporation, whose corporate office is 200 South Virginia Street, 8th Floor, Reno NV 89501, USA. You can find more contact information at the end of this document.
1.2 In these terms and conditions, "we" and "us" means Principa, and shall cover any alliance partners involved in this website portal, and any others owned and operated by Principa.
2. Access to the Websites and content
2.1 The information provided by us on the Website is not in any way an invitation or recommendation to buy any products or services featured. You should always seek appropriate independent professional advice regarding tax, law or other related matters.
2.2 We will use reasonable efforts to allow uninterrupted access to the Website for the duration of your subscription, but access to the Website may be suspended, interrupted, restricted or terminated at any time by us, the Websites host or a third party.
2.3 We reserve the right to change, modify, substitute or remove, without notice, any information on the Website for any reason from time to time, whether we or another party provided such information.
2.4 We assume no responsibility for the content of any other websites to which the Website has links.
2.5 You agree that each access charge to this portal is for one (1) username account which can only be accessed by one (1) computer at a time. You agree that if you wish for multiple people to have access simultaneously, you must purchase additional user accounts.
2.6 You agree that you will use the Website only for lawful purposes and in accordance with this Agreement. You agree to comply at all times with all applicable laws and regulations, as well as this Agreement, as updated by us from time to time. You further agree to defend, indemnify and hold harmless Principa, its affiliates and their respective directors, officers, employees and agents from and against all claims and expenses, including attorneys' fees, arising out of the use of the Website by you or your user name or account.
3. Intellectual property, copyright and trademarks
3.1 The copyright in the material contained in the Website, together with the website design, text and graphics, and their selection and arrangement, and all software compilations, underlying source code, downloadable resources, and software (including applets) belong exclusively to Principa, its subsidiaries or the providers of such information. All rights not expressly granted herein are reserved. You may not decompile, reverse engineer, disassemble, rent, lease, loan, sublicense, or create derivative works from any content or products available on the Website.
3.2 In relation to the content available at no cost to subscribers, you may not copy, modify, reproduce, republish, distribute, transmit or use the content on the Website for commercial or other purposes, except in the manner expressly provided herein. You may, however, download or print a single copy for your own
non-commercial viewing and use. You acknowledge that you do not acquire any ownership rights by downloading copyrighted material, or otherwise.
3.3 In relation to content available to Principa Alliance Members and/or Affiliate Premium or Charter Subscribers you may not copy, modify, reproduce, republish, distribute, transmit or use the content on the Website for commercial or other purposes, except in the manner expressly provided herein. You may, however, download or print a single copy for your own non-commercial viewing and use. You acknowledge that you do not acquire any ownership rights by downloading copyrighted material, or otherwise, and that your paid subscription is a license to use the content in the manner specified herein during the period in which your subscription is current. When your subscription period has expired, you understand that you may have the option to renew your subscription for another term by contacting us to firstname.lastname@example.org.
3.4 The Consulting Accountant, Principa, Better Business. Better Life and The Principa Alliance are trademarks of Principa. Other product and company names mentioned on the Website may be the trademarks, registered trademarks, copy writes or service marks of their respective owners.
3.5 You shall retain ownership of all copyright information you create and submit to the Website. Unless otherwise stated by an agreement in writing signed by an authorized representative of Principa, upon submission of any materials to Principa, you grant us a world-wide exclusive, royalty-free, perpetual license to use, copy, distribute, publish and transmit such information in any manner.
4. Software End User License Agreement ("EULA")
4.1 License. Any software application ("application") created by us and made available on the Website for downloading or other form of distribution is owned exclusively by us and is protected under copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. Each application, if any, is licensed for a limited use. Generally, every application created by us will have its own EULA, but unless otherwise indicated, you have the right to use the application only for its intended purpose. You may not decompile, reverse engineer, disassemble, lease, lend, or otherwise transfer for value, the application. Use of any application produced by Principa, or our subsidiaries or affiliates, are for use only within your business. You may not modify or distribute the application, alone or as part of any other products, and you may not copy or post any application on any network computer or broadcast or publish it in any media except where written permission is granted by the owner.
4.2 Reservation of rights.
All title and copyrights in and to the applications created by us, and any copies or derivatives of the applications, are owned solely by Principa. All rights not expressly granted herein or by other written agreement are reserved by Principa. In addition, you do not have any rights in connection with any trademarks, service marks, trade dress, or other intellectual property of Principa. Use of any application for any purpose other than as expressly permitted is prohibited.
Without prejudice to any other rights and at our sole and absolute discretion, we may terminate this license agreement if you fail to comply with the terms and conditions or if you cease to be a subscriber to the portal or website for any reason. In such event, you shall immediately destroy all copies of any applications you have.
5. Exclusions of liability
5.1 You assume all risks when you access the Website. We use reasonable endeavors to ensure that the information on the Website is accurate and to correct any errors or omissions as soon as practicable after being notified of them. We do not monitor, verify or endorse information submitted by third parties for posting on the Website, and we make no representation or warranty as to the accuracy, completeness or timeliness of such information. To the extent permitted by applicable law, NEITHER WE NOR ANY CONTENT PARTNER ASSUMES ANY LIABILITY FOR THE USE OR INTERPRETATION OF ANY PRODUCT OR CONTENT INCLUDING, BUT NOT LIMITED TO, SOFTWARE. EVERYTHING ON THE WEBSITE IS PROVIDED TO YOU "AS IS" AND WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS, ACCURACY, OMISSIONS, COMPLETENESS, CURRENTNESS, OR TIMELINESS. YOUR EXCLUSIVE REMEDY UNDER THIS AGREEMENT FOR ANY CLAIM FOR DAMAGES RELATING TO YOUR USE OF THE WEBSITE OR THE PRODUCTS OR CONTENT PROVIDED, WHETHER ON THE BASIS OF CONTRACT, NEGLIGENCE, OR ANY OTHER BASIS, WILL BE LIMITED TO THE AGGREGATE AMOUNT OF CHARGES PAID BY YOU TO US FOR ACCESS TO THE WEBSITE DURING THE 13- MONTH PERIOD PRECEDING THE EVENT GIVING RISE TO SUCH CLAIM. YOU HEREBY AGREE THAT ANY CLAIM AGAINST US OR ANY CONTENT OR PRODUCT PROVIDER SHALL BE LIMITED TO THE TOTAL AMOUNT OF ANY CHARGES INCURRED BY YOU TO PURCHASE PRODUCTS ATTRIBUTABLE TO SUCH CONTENT PROVIDER. EXCEPT WHERE SUCH LIABILITY CANNOT BE EXCLUDED BY LAW, IN NO EVENT WILL WE OR OUR CONTENT PARTNERS BE LIABLE TO YOU FOR ANY CLAIM RELATING IN ANY WAY TO: (i) ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON ANY PRODUCT OR CONTENT PROVIDED ON OR THROUGH THE WEBSITE; (ii) ANY LOSS OF PROFITS, REVENUES, GOODWILL, OPPORTUNITY, BUSINESS, ANTICIPATED SAVINGS OR OTHER INDIRECT OR CONSEQUENTIAL LOSS OF ANY KIND IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE RELATING IN WHOLE OR IN PART TO YOUR RIGHTS UNDER THIS AGREEMENT OR USE OF, OR INABILITY TO USE THE PRODUCTS OR CONTENT EVEN IF WE OR OUR CONTENT PARTNERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. WE ACCEPT NO LIABILITY WHATSOEVER TO YOU FOR ANY CLAIM RELATING IN ANY WAY TO ANY THIRD-PARTY PRODUCT OR CONTENT. NEITHER ANY CONTENT PARTNER NOR WE MAKE ANY WARRANTY THAT ACCESS TO THE WEBSITE WILL BE UNINTERRUPTED, SECURE, AND COMPLETE OR FREE OF ERROR, OR AS TO THE LIFE OF ANY UNIFORM REFERENCE LOCATOR (URL). YOU ACKNOWLEDGE THAT PROVISION OF THE WEBSITE ENTAILS THE LIKELIHOOD OF SOME HUMAN AND MACHINE ERRORS, DELAYS, INTERRUPTIONS AND LOSSES, INCLUDING THE INADVERTENT LOSS OF DATA.
5.2 We do not give any warranty that the Website or any related content or application is free from viruses, errors, defects, or anything else that may have a harmful or negative effect on any computer or other technology.
6. Exclusion of liability for suppliers' goods and services
6.1 We may promote suppliers or other third parties on the Website and offer you the opportunity to buy goods and services from those suppliers or other third parties through the Website. We can accept no liability for any goods or services provided by third parties. Any goods or services that are not stated to be provided by us are provided by third parties over whom we do not have control, and you should seek full information regarding those goods or services and their appropriateness for you and your needs before contracting with the supplier or purchasing any goods or services. The suppliers will offer their own standard terms and conditions, and you should read and understand those terms and conditions before placing an order.
7. User name and password
7.1 Upon subscribing to this Portal with us, you will be invited via email to access the Portal. At that time, you are issued with a user name and password (which may or may not be changeable) that must be used in order to access certain restricted parts of the Website. The user name and password are personal to you and are not transferable or assignable.
7.2 Your name and password are the methods used by us to identify you and are very important. You are responsible for all information posted on the Website by anyone using your user name and password and for any payments due for services accessed through the Website by anyone using your user name and password. Information regarding any breach of security of a user name and password should be forwarded to us immediately as you will be held liable until you have notified us.
7.3 You may not adapt, modify or circumvent the systems in place in connection with the Website, nor access the Website other than through normal operations.
8. Information submitted by users
8.1 We accept no liability for information supplied by any user for display on the Website, and the limitations in condition 5 above (Exclusions of liability) apply to all such information.
8.2 If you submit information for display on the Website, you hereby warrant and represent that the information is accurate, complete and up to date and that you will be solely responsible for updating or revising that information where necessary.
8.3 If you submit information for display on the Website, you hereby warrant and represent that no information is uploaded or submitted by you which is untrue, defamatory, obscene or abusive, invasive of privacy or publicity rights, which encourages conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any law, which, without our express prior approval, contains advertising or any solicitation with respect to products or services, or which is otherwise objectionable or in breach of any applicable laws or the rights of third parties.
8.4 Any conduct by you that in our discretion restricts or inhibits any other subscriber or member from using or enjoying the Website will not be permitted. You shall not use the Website to advertise or perform any commercial solicitation, including, but not limited to, the solicitation of users to become subscribers of other online information services competitive with the Website.
8.5 You warrant that you have taken all reasonable precautions to ensure that any information you upload or otherwise submit to the Website is free from viruses and anything else that may have a contaminating, destructive or negative effect on any part of the Website, any other users, or any other technology.
8.6 We reserve the right (without limiting our rights to seek other remedies) to remove any material placed on the Website that we consider in our sole discretion to constitute a misuse of the Website or which is otherwise harmful to or not useful or appropriate for other users of the Website.
8.7 You will indemnify and hold Principa and its affiliates and their respective officers, directors and employees harmless from any and all claims, damages, losses or costs (including reasonable attorney's fees) suffered by Principa arising out of your failure to observe any of the terms of this condition 8 or any other terms of this Agreement or arising out of any of your postings and any material contained therein.
9.1 Your Portal subscription shall be paid for in full prior to your access. If in any case your payment was refused or returned to you, you shall pay your balance due within 30 days of receipt of an invoice from us, along with any fees incurred by you at the rates in effect when such fees are incurred. You shall also pay all applicable taxes related to charges made for the use of the Website at the same time.
9.2 If you fail to pay us within the time stipulated above, we shall be entitled to charge you interest at the lesser of 2% above the current (at time of default) Bank of America prime rate (3.25% as at August 16, 2013) or the maximum rate permitted under the law at the time of default (currently it’s the percentage rate not to exceed the prime rate at the largest bank in Nevada, as ascertained by the Commissioner, on January 1 or July 1, as the case may be, immediately preceding the expiration of the initial loan period, plus 10 percent). Such interest shall accrue daily and be compounded monthly. In addition, we may suspend or terminate your access to and use of the subscriber-only sections of the Website absent of timely payments of all sums due.
10. Data protection and privacy
10.1 We are committed to protecting your privacy. We will collect and use information supplied by you and other users of the Website to improve the Website and personalize your experience when you visit the Website. We may also use it to tell you about changes in our services or about features we think you'll find interesting. We do not sell, trade or rent your personal information to others. We may choose to do so in the future with selected third parties provided that we will advise you of our intention to do that by email using the email address you have given us and you shall have the right to tell us not to deal with your personal information in these ways. At any time you shall always have the right and the ability through the Profile Management section of the Website to change your preferences in relation to receiving information from other parties and from us. You may also do so by sending an e-mail message to email@example.com or such other email address that we indicate on the Website.
10.2 Any payments made through the store on our Website are processed using VerisignTM 128-bit encryption technology to protect your privacy and give your industry-standard security. No information related to your credit card is retained by us or available to our team members but is stored with our payment Gateway for processing and reference purposes only. We sometimes utilize our Gateway through Infusionsoft. Infusionsoft is a Level 1 e-commerce application service provider. As a Level 1 Service Provider, they must comply with a rigorous set of standards set forth by the Payment Card Industry Data Security Standard (PCI DSS). You can find a copy of their PCI compliance certificate at infusionsoft.com/legal.
10.4 We may be compelled under law to disclose information to the government or third parties under certain circumstances, or third parties beyond our control may unlawfully intercept or access transmissions or private communications. We will also cooperate with relevant law enforcement and third parties in enforcing intellectual property trade or other controlling legal rights. Further, we may (and you hereby authorize us to) disclose any information about you to law enforcement or other government officials, as we, in our sole discretion, believe necessary or appropriate in compliance with the law. Therefore, although we use industry standard practices to protect your privacy, we do not promise, and you should not expect, that your personally identifiable information or private communications will remain private.
10.5 We may aggregate general demographic information and disclose such information in aggregate to advertisers and for other marketing and promotional purposes. However, in these situations, we do not disclose to these entities any information that could be used to personally identify you. Certain information, such as your password and credit card number, would not be disclosed in aggregate at all.
10.6 In addition, we may share or disclose personally identifiable information about you to other individuals or entities when:
11. Termination and Assignment of Your Rights to Access the Website
11.1 The Premium Content and Principa Alliance Content contained on any of our Websites or Portals is made available to independent accounting firms that are not owned by publicly listed corporations, including corporations that intend to seek listing. You are required within 30 days of being acquired by such a corporation to notify us. On receipt of your notification we will cancel your subscription and refund the un- expired portion pursuant to condition 12.2 of this Agreement.
11.2 Subject to condition 11.1 and without prejudice to our rights pursuant to condition 11.3, you may not assign by sale or otherwise, your rights to access the Website to another independent accounting firm.
11.3 We may terminate your access to the subscriber and member-only sections of the Website at any time by notifying you in writing. In the event of such termination you shall have the right pursuant to condition
12.2 to a refund for the un-expired portion of subscription fees actually paid. Our right to terminate your access to the Website shall not prejudice any other legal rights we may have in relation to action against you for violation of the terms and conditions of your access to, and use of content from, the Website.
11.4 All disclaimers, indemnities and exclusions in this agreement shall survive termination of this Agreement for any reason.
12. Variation of this Agreement and Subscribers' right to Cancel Subscription and Product Refund Policy
12.1 We may vary the terms and conditions of this agreement at any time provided that registered subscribers shall be informed of such changes, whether by direct emails or by posting a revised agreement on the Website. Any use of the Website by you after such notice shall be deemed to constitute acceptance by you of such changes, modifications or additions.
12.2 A subscriber may cancel a subscription to the Website by a notification in writing and delivered by regular mail or email to the current address shown on the "Contact Us" section of the Website or by emailing us to firstname.lastname@example.org. It shall be the subscriber's responsibility to ensure that such written notification is sent to the correct address. The subscriber will not be entitled to any refund of subscriptions fees actually paid by that subscriber. If the subscriber wishes to cease their access prior to the paid-for term automatically expires, they will do so at their discretion.
12.3 A subscriber who cancels a subscription must immediately cease to use and destroy all content created by us, including but not limited to software, obtained from the site unless such content, including software, is covered by a separate license agreement signed by our authorized representative.
12.4 If you have purchased physical products through the Website you may, within 30 days of receipt of your shipment or within such other time that may be indicated at the time of your purchase, return any of the following items to us for any reason and we will give you a full refund (shipping costs will not be refunded unless the reason for return is a direct result of our error):
If you return and request a refund on any product that is stored on a computer you must immediately uninstall the application or delete the product from your computer system and cease to use any and all associated material. You may not retain any copies of the said product. We can only process returns and refunds for items purchased from us. If we discover that such actions were not properly taken, we reserve the right to bill you for the time between your refund and the time we are sure you have properly ceased use.
13.1 If any provision of these terms and conditions is held to be unlawful, invalid or unenforceable, that provision shall be deemed severed and the validity and enforceability of the remaining provisions of these terms and conditions shall not be affected.
13.2 We may modify these terms and conditions at any time by publishing the modified terms and conditions on the Website. Any modifications shall take effect 1 day after posting on the Website.
13.3 No waiver by either party of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default.
14. Governing law
14.1 These terms and conditions shall be governed by the laws applicable in the State of Nevada, U.S.A. and all applicable United States federal law and international treaties governing copyrights.
14.2 Any disputes arising out of or relating to these terms and conditions shall be referred for resolution by binding arbitration under the Commercial Arbitration Rules of the American Arbitration Association. The parties agree to use reasonable efforts to resolve any such dispute by informal mediation or conciliation prior to initiating any arbitration proceeding. Any arbitration shall be conducted by one arbitrator appointed pursuant to such rules, and shall be held in Reno, Nevada, USA. You agree and expressly consent to the exercise of personal jurisdiction in the State of Nevada in connection with any dispute or claim involving Principa. The arbitrator shall be authorized to award reasonable attorneys' fees and costs to the prevailing party in any arbitration. The award of any arbitration shall be final and binding, and enforceable in any court having jurisdiction over the party against which an award is sought to be enforced.
Section 15 applies to Principa, Accountants’, and Advisors’ Members of the Principa Alliance. (updated on August 16, 2013)
In addition to the terms stated in sections 1 through 14, you agree to the following.
15.1 Membership Rights.
As a Member of Principa, you have the non-exclusive, revocable and limited right to:
(i) use Principa’s products, services and resources solely in the manner contemplated by this agreement and in accordance with the end user license agreements applicable for all software and websites published or distributed by Principa.
(ii) represent to the public that you are a member of the Principa Alliance and to use Principa’s name, logo and trademark for the sole purpose of conveying your membership in the Principa Alliance, provided, however, that any and all of the Member’s material bearing Principa’s name, logo and/or trademark shall first be submitted to Principa for approval, which approval may be withheld by Principa in its sole discretion.
Membership may only be used for the benefit of the Member and only in the manner described in this Paragraph 3. Membership may not be used to provide services to, or for the benefit of, another non-member firm or individual. These membership rights are not intended to, and should not be construed to, give the member any ownership or proprietary rights in Principa's services, products, logos, derivatives, trademarks or name, all of which shall, at all times, remain the exclusive property of Principa, regardless of time, efforts and/or monies spent in derivative work.
15.2 Principa's Representations and Warranties.
Principa represents and warrants that it:
(i) has the qualifications and skills to provide to the Member the support on products offered with this membership.
(ii) will competently respond to support requests within 2 business days or less.
(iii) is authorized to enter into this membership with the Member and to provide the services and products contemplated hereunder without the need for consent by any third party.
(iv) will keep all confidential and proprietary information belonging to the Member in strict confidence and will not disclose it to any 3rd Party other than as contemplated hereunder by your membership in the Principa Alliance or as required by applicable law.
15.3 Conditions for Maintaining Membership
In addition to the payment obligations set forth in Paragraph 1 above, as a Member of the Principa Alliance, the Member agrees to:
(i) Maintain, at its own expense, professional liability insurance in those amounts and types sufficient to cover analytics, suits, actions, liabilities, costs and expenses that may arise from the Member’s business practices.
(ii) Allow Principa at its absolute discretion to communicate with the member and any employees of the member via email or any other form.
(iii) Permit Principa to publicly refer to the Member as a member of the Principa Alliance and to the disclosure by Principa of certain of the Member’s identifying information in its Members Directory.
(iv) Maintain its practice in the highest professional standard for accounting and business consultants.
(v) Not to compete (directly or indirectly) with the activities, services or products of Principa or to use Principa’s services, products and logos in a manner that is competitive with Principa.
(vi) Keep all confidential and proprietary information belonging to Principa in strict confidence and not disclose said information to any 3rd party other than as expressly contemplated by your membership in the Principa Alliance or as required by applicable law.
(vii) Indemnify, defend and hold Principa (including, its employees, directors, agents and officers) from and against all claims, losses, damages and expenses, including reasonable attorneys’ fees, of any kind or nature resulting from an action or claim by a 3rd party arising out of or related to the Member.
(viii) Not to hold itself out as a Certified Principa Solution Provider until it has attended and graduated from an approved program conducted by Principa University.
(ix) Access Principa's tools and resources, from any and all provided outlets, when needed and not in excess under any circumstance. Downloads will be restricted to 20 within 24 hours per account. If special conditions apply the Member will contact Principa at least 24 hours in advance. Principa reserves the right to downgrade Member permissions if any suspicious activity occurs. The Member will be held responsible for fees during this time.
(x) Acknowledge that Principa does not provide 24 hour support. All support requests will be responded to via email within 24 hours during business week. Principa is a global company with remote team members so business hours and temporary holiday closures may vary. Phone support may be scheduled if necessary and at the discretion of the Principa support team.
15.4 Term & Termination
This term of the Membership is for twelve (12) months, which term shall automatically renew for an additional 12-month period unless otherwise terminated by either party in accordance with this agreement.
Either party may terminate this Membership by giving the other written notice 30-days or more prior to the end of term. If the Member terminates, it may not reapply for membership until six (6) months after the termination date. Principa may also terminate the Member’s membership, immediately, if: in Principa’s sole opinion, the Member has failed to satisfactorily comply with any of the conditions set forth in Paragraph 4; the Member has failed to timely make its monthly membership payments; or the Member otherwise breaches any other terms of Membership as set forth herein.
Upon termination for any reason by either part Principa shall be entitled to all membership payments received or due as of the termination date and due during the 30 day notice period. In addition, all rights granted by this membership shall immediately terminate and the Member shall no longer be entitled to use Principa services to products, including our logos, name or trademarks, and may no longer hold itself out to the public as being affiliated with Principa. Upon 30-day termination notification the Member shall immediately destroy/erase all copies of any content or software obtained from Principa prior to or during the period of membership. This includes any and all derivative work.
All of the Materials distributed by Principa are the property of Principa and are protected by the copyright
15.5 Disclaimer of Warranties/ Limitation of Liability.
PRINCIPA’S SERVICES AND PRODUCTS ARE PROVIDED TO THE MEMBER ON AN “AS-IS” BASIS. PRINCIPA MAKES NO WARRANTIES OF ANY KIND EITHER EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY TO FITNESS FOR PARTICULAR PURPOSES (EVEN IF PRINCIPA WAS INFORMED OF ANY SAID PURPOSES. PRINCIPA ASSUMES NO RESPONSIBILITY FOR ANY LOSS OR DAMAGE [INCLUDING, WITHOUT LIMITATION, DIRECT, INDIRECT, COMPENSATORY, CONSEQUENTIAL (I.E. LOST PROFITS OR LOST BUSINESS OPPORTUNITIES) AND PUNITIVE DAMAGES] RESULTING FROM MEMBER’S USE OF PRINCIPA’S SERVICES, PRODUCTS, LOGOS AND/OR NAME. IN THE EVENT THAT THE FOREGOING DISCLAIMER IS FOUND INSUFFICIENT TO ELIMINATE ALL OF PRINCIPA’S LIABILITY HEREUNDER, THE MEMBER AGREES THAT UNDER NO CIRCUMSTANCES WILL PRINCIPA’S LIABILITY TO THE MEMBER HERUNDER EXCEED AN AMOUNT EQUAL TO THE TOTAL MEMBERSHIP FEES PAID BY THE MEMBER FOR THE 12 MONTHS PRIOR TO SAID LOSS OR DAMAGE.
15.6 General Terms
This Agreement is made under, and shall be construed in accordance with the Federal, State and/or Territorial laws as applicable to the region in which the member is a resident. The parties agree to submit to courts of competent jurisdiction in such region for any matter arising from this Membership or any documents related thereto. In the event of such a dispute, the prevailing party shall be entitled to receive from the other party all reasonable collection, court, accounting, attorneys’ and other professional fees incurred by the prevailing party to enforce its rights hereunder.
200 S. Virginia Street 8th Floor
Reno, NV 89501
T: +1 775 826 7771
F: +1 775 201 0048