In this Agreement, unless otherwise expressly stated or if the context requires otherwise, the following terms shall have the meanings set out below:
This Agreement takes effect upon acceptance by the Customer of these terms and conditions during the account opening process through the Tiips Mobile App. The relationship between Tiips and the Customer arising from or in connection with the Customer’s Tiips Account shall be defined and governed by this Agreement.
By signing up to use the Tiips Platform through the Tiips Website or Tiips Mobile App, you agree:
that this Agreement will document the contractual relationship between you and us;
TO THE FULLEST EXTENT PERMISSIBLE BY LAW, TIIPS DISCLAIMS ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE.
This clause 11 shall survive termination of the Agreement or closure of any Tiips Account.
Subject to clause 11 above, except to the extent that it results from Tiips’s gross negligence or wilful default or arises from any contravention or breach by Tiips of any applicable law, you irrevocably and unconditionally agree to indemnify and keep Tiips and its directors, officers, employees, and agents indemnified against any loss, claim, damage, cost, or expense or any other liability whatsoever (including, without limitation, legal fees on a full indemnity basis and all taxes and other duties payable in connection therewith) which may be suffered:
If you die or otherwise become incapacitated, and evidence of such is produced to us by your legal personal representative(s), which we deem to be sufficient in our absolute discretion, you authorize us to sell the gold in your Tiips Account at the prevailing market price and release the funds (after deducting all applicable fees and charges) to your legal personal representative. In such an event, your legal personal representative shall be the only person(s) recognised by Tiips as having any title or legal rights to your Tiips account.
Nothing in this Agreement shall release the estate of a deceased Customer from any liability in respect of the Tiips Account.
You are responsible for paying all local taxes and tariffs that are or may be applicable to purchases, conversion, sale or custody of gold, and any associated charges if applicable.
Notwithstanding any other provision of this Agreement, any translation of this Agreement is provided solely for your convenience. The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language. Any translation provided may not accurately represent the information in the original language of English.