Term & General Conditions
By submitting applications, either online or offline , Client (s) agree to accept & execute the applicable term and conditions of FCC including without limitation to all supplemental agreements, instructions and to its future alterations thereto.
- FCC is a Private Investment Intermediary Online, No collective liability. each and every intermediary is an independent professional and dedicated their own "personal responsibility" for providing excellent services.
- Client and assignor, is The person, on behalf of whom work activities are carried out, will be considered to be the client. If the assignment is given by anyone other than the client, the assignor as well as the client is principally obligated to all payment that is due to FCC.
- CLIENT ACKNOWLEDGE that FCC act as INTERMEDIARY, on requests only. Client has to be qualify, able to prepare and complete all documentation requested by Lenders / investor. Client is solely responsible for the facts and figures presented in the paperwork as part of the Funding Project.
- SCOPE OF SERVICE : Our scope of services are limited :
- to introduce and arrange a business meeting between applicant and the investor candidates;
- to manage all administration process, including but not limited :
- to accept application form;
- checking all documentation as requested by Lender.
- to reject all form of Documentation incomplete.
- FINANCES, FEES & TERM OF PAYMENT.
- Client shall guarantee that he/she has sufficient funds to meet its commitments to FCC in a timely manner.
- In consideration of the services rendered by FCC, Client agree and warrant to pay (a). Registration Fee & Proposal's Review of USD 5.000. it is applicable for all financial programs, non negotiable & Non refundable. (b) Intermediaries Fee : 3 - 5 % of total transaction / Fund / Loan. within two banking days from the receipt of cleared funds realized from this transaction deposited into the client's account.
- Failure to do so will result in the client being in default, and FCC have the right to continue invoicing & and to the Client will be charged interest rate on the amount owed, 0,01% per day.
- FCC service fee is not conditional upon the success or otherwise of the investment strategy utilized by the applicant.
- Any other expenses & fees, including but not limited to the asset's due diligence on project site, financial appraisal, Feasibility Study ( FS ), document handling charges, bank charges, notary fees, Presentation to Lenders/investors, are a separate issue to be set base on Lenders/investors term and conditions.
- Any Renewal and or new contracts with this Lender/Investor, by the Client including Signatories Affiliates, Subsidiaries, Partners, and Agents and/or heirs, within five years period is also to be paid to FCC at all for the same fees as agreed in this Agreement.
- ATTESTATION NON CIRCUMVENTION NON DISCLOSURE
- CLIENT AGREE, guarantee & swear that including Signatories Affiliates, Subsidiaries, Partners, and Agents and/or heirs, will maintain complete confidentiality, regarding Business sources and strictly forbidden to disclose, duplicate, exploit or distribute in any form whatsoever, whether to or through the engaging of a third party, all information & contracts, without prior written permission from the originator of the sources for period of 5 years from date of execution of this agreement by the undersigned, his or her assigns, agents and/or heirs.
- CLIENT AGREE not to circumvent FCC and any Party who may be associated directly or indirectly with the contract and transaction. In the event of either direct or indirect Circumvention or disclosure of names in this Transaction and Contract, if proven to be intentional and commission has been lost. the Client agree and warrant to pay FCC without protest on the same day, equal of three times the maximum success service Fee it would realize from such a Transaction, plus expenses, including, but not limited to Legal expenses that may later be incurred while attempting to recover lost revenue.
- DISCLAIMER : FCC Expressly Disclaims any liability for any damage and lose arising out of any dealings and agreement between Applicant and Funding Sources ( Investor ). FCC do not educate how to prepare business proposal and or provide any advise related to financial strategy, and or business plans.
- RULE OF LAW & TERMINATION
- All agreements and any instructions, are valid under Indonesian Rules of Law and is binding for both parties upon signing of those agreements. the Arbitrage of the Indonesian shall have exclusive jurisdiction over any dispute which may arise between FCC and a Client.
- The term of this Agreement shall be for 90 days, its binding for both parties upon signing of those agreements.
- The agreement may be modified or amended in writing, signed by the parties , and added to this agreement as Addendum.
- Both parties herewith expressly agree to supersede its rights as arranged in Civil Code Republic Of Indonesia, Section 1266 (2) and (3), as long as needing of a decision to terminate this agreement.
- Now therefore Both parties agree,this agreement automatically will terminate :
- When the duration of the agreement is over
- When PRINCIPAL / Lender/ their authorized/ Rep. and Applicant signing their agreement, AT THIS STAGE WE HAVE PROVIDED THE COMPLETE SERVICES. THIS IS THE END OF OUR DUTY AND RESPONSIBILITY AS INTERMEDIARY, however Client still will be legally obligated under this Agreement to pay success services fee to FCC. As long as the invoices are not settled, FCC is entitled to continue invoicing either in an amicable way and also under Indonesian law.
- Client may terminate this Agreement for any or no reason, In such event, FCC has no obligation to return the deposit and/or give any compensation in whatever form to the Client.
- For such termination, the Client hereby gives a full release and discharge to FCC from any claims, suits, liabilities, actions, charges, damages, demands, claims for relief or remuneration of any kind whatsoever from any party which arising out of or in any way connected to the said termination.
- FCC may terminate this Agreement if, in FCC sole judgment, Client has failed to fulfill one of Client's material obligations under this Agreement, or for any other reason authorized by law.
- NOTICE & CORRESPONDENCE, each and every document and or correspondence related with this agreement, when duly signed by the authorized person, either sending by post, courier or by electronic mail, facsimile in any file format, means shall be considered as an original, legally binding document and enforceable as such.
- CLIENT'S INFORMED CONSENT: client (s) acknowledge that Client understood of the possible risks and benefits of the service representation described in this Term & Conditions, and in all additional information. Understanding those possible risks and benefits, Client voluntarily, knowingly and intentionally declare to accept and agree to be bound by all the terms and conditions .
( Both Parties agree In the event of any conflict between the Indonesian text of these general conditions and the text of any translation thereof, the Indonesian text shall prevail )
If you want the Indonesian version of this document instead, please contact us.