News



General Terms & Conditions Revised Guide

Date
2021-02-22
Views
19

Dear valued customer,

Thank you for choosing KINX services.
We would like to inform you that the following sections below in the General Terms & Conditions has been amended.

We ask that you read the changes to the amendments before using the services.

Amended Sections of the General Terms & Conditions
- Article 8 Clause 1
- Article 8 Clause 2



Current Terms Revised Terms

8-1. Neither party shall be liable to the other party, nor shall any credit allowance or other remedy be extended, for any failure of performance due to causes beyond such party’s reasonable control (“Force Majeure Event”), including natural disasters, quarantines, declarations of pandemic, acts of civil or military authorities, wars, riots, labor disputes, and shortages of labor, parts or transportation.

8-1. In the case of an event that is beyond the control of either party("Force Majeure Event") and aside from obligations related to Service Fee payments, all the obligations related to the Service will be suspended but only so far and for so long as the Service is affected by the Force Majeure Event.
“Force Majeure” means any event or circumstance or combination of events or circumstances that is beyond the reasonable control of the party sought to be held liable, including, but not limited to, any: (i) delay in obtaining or failure to obtain or renew any permit or governmental authorization, (ii) act of God or of the public enemy, (iii) action, or failure to act, of any governmental authority, (iv) war or warlike operations, (v) civil war or commotion, mobilization, military call-up and acts of similar nature, (vi) revolution, rebellion, sabotage, insurrection or riot, (vii) drought, fire, flood, lightning, epidemic or quarantine restriction, (viii) strike or other labor action, (ix) freight embargo, (x) unworkable weather, (xi) trawler or anchor damage, (xii) damage caused by other marine activity such as fishing, marine research or marine development, (xiii) failure or shortage of power supplies or general unavailability of any raw materials or components, (xiv) act, or failure to act, of Customer (in a case where KINX is sought to be held liable), act, or failure to act of KINX (in a case where Customer is sought to be held liable) or act, or failure to act, of any representatives or agents of the respective Parties (in a case where the other party is sought to be held liable).

8-2. The Party so affected by Force Majeure shall promptly notify the other Party in writing and shall be excused from the performance of its obligations hereunder while or to the extent of its performance is interrupted or prevented by one or more of the events of Force Majeure.

8-2. The Party so affected by Force Majeure shall promptly notify the other Party in writing and shall be excused from the performance of its obligations aside from obligations related to Service Fee payments hereunder while or to the extent of its performance is interrupted or prevented by one or more of the events of Force Majeure.


Date
Notice Period: February 22, 2021 ~ March 8th, 2021.
The revised terms will come into effect from March 9th 2021.

Please do not hesitate to contacts us with any questions or concerns that you might have about the amended sections of the General Terms & Conditions.