Terms and Conditions

Terms and Conditions for ChubiAgro

These Website Standard Terms and Conditions written on this webpage shall manage your use of our website, ChubiAgro accessible at www.chubiagro.com.ng

Introduction

ChubiAgro is a total techno-agricultural platform that helps farmers to access funds from corporate firm and individuals. Investors who indicate interest on the platform choose to fund a farm(s). Each farm has a minimum possible investment amount, a fixed returns on investment from harvest, and the farming cycle/duration till harvest. Investors get regular updates throughout the farming process, with the possibility of getting paid upon farming cycle completion; however, if unsuccessful, the investors receive their capital back subject to the insurance coverage.

Age Restriction and Warranties

Minors or people below 21 years old are not allowed to use this platform.

You can read and understand basic calculations and have the capacity to invest in a farm;

That all personal details you save on this platform is accurate and valid to the best of your knowledge;

That you own a bank account in Nigeria in your own name and we can use this to pay you your profit earned at the end of a successful farming cycle.

That you have carefully considered the risks involved with using the Website, the Services and farms you are investing in and also the risks associated with any form of cash investment or contribution.

That you will always invest with your own money unless you are authorised on behalf of a third party (“Third Party”) and we agree that you may act on behalf of that Third Party.

Definition of Words

For clearity, all registred users are reffered to as "investors" on this platfrom. A visitor browsing through the platform is known as a “Guest”. Changes that happen during the farming duration are sent as emails to investors in the form of “Farm Updates”. “Farming Cycle” refers to a complete farming season from planting to harvest and sales.

Intellectual Property Rights

Other than the content you own, under these Terms, ChubiAgro and/or its licensors own all the intellectual property rights and materials contained in this Website.

You are granted limited license only for purposes of viewing the material contained on this Website.

Restrictions

You are specifically restricted from all of the following:

Certain areas of this Website are restricted from being access by you and ChubiAgro may further restrict access by you to any areas of this Website, at any time, in absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality as well.

What You Accept

ChubiAgro is permitted to revise these Terms at any time as it sees fit, and by using this Website you are expected to review these Terms on a regular basis. If you object to any such updates, you have the right be to stop using the Site and the Services provided. Your continued use of the platform following the posting of any updates to the Terms of Use will indicate your agreement of such updates and acknowledgement to be bound by the terms and conditions of such updates.

ChubiAgro reserves the right to change, suspend, block or discontinue the Service (including, but not limited to, the availability of any feature, database, or Content) at any time for any reason. The Company may also impose limits on certain features and Services or restrict your access to parts of or the entire Site without notice or liability.

Your Investor Account

On registering on this platform, you must provide us with information that is valid, accurate, and current at all times. Failure to do so constitutes a breach of the Terms & Conditions, which may result in immediate termination of your investor account fromour platform.

You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service.

You agree not to disclose your password to any third party. However incase of you lose your pssword,contact support immediately upon becoming aware of any breach of security or unauthorized use of your investor account.

You may not use as a firstname and lastname the name of another person or entity or that is not lawfully available for use, a name or trade mark that is subject to any rights of another person or entity other than you without appropriate authorization, or a name that is otherwise offensive, vulgar or obscene.

Your Privacy

Please read Our Privacy Policy.

No warranties

This Website is provided "as is," with all faults, and ChubiAgro express no representations or warranties, of any kind related to this platform or the materials contained on this Website. Also, nothing contained on this Website shall be interpreted as advising you to invest.

ChubiAgro, its Staffs, its subsidiaries, affiliates, and its licensors do not warrant that
a) the Platform will function uninterrupted, available at every given time or location;
b) any errors or defects will be corrected; c) the Service is free of viruses or other harmful components; or d) the results of using the Service will meet your requirements

Terms of Investment

Investors will receive periodic Farm Updates on the status of the farm they invested in by email. Investors can track and see Farm Updates and current farm status on their dashboard. You are expected to review all notifications, updates and reports from ChubiAgro as they represent a record of information pertaining to your investment during a Farming Duration

You are entitled to request for a physical visit to the farm you are invested in, however, this comes with its own terms,you contact support to schedule a farm visit.

At the beginning of a Farming Cycle, costs related to the lease of land for farming, seedling/livestock, fertilizers, maintenance costs, and the cost of supervision and ADMINISTRATOR will be deducted from your investment.

You agree that by investing in a farm, that your investment is tied and unavailable for the entire duration of the Farming Cycle and neither ChubiAgro nor the farmers can or will refund your investment until the successful completion of a Farming Cycle

At end of a successful Farming Cycle,Investors get their initial investment and their returns on investment deposited to their bank accounts provided from their seeting. By using this platform you agree to give us only accurate bank accoun details always,ChubiAgro and its Staff will not be held responsible for a wrong bank account details filled entered.

You acknowledge that you do not own any of the farms cultivated and are only entitled to your initial investment and/or a part of the proceeds of any Farming Cycle you participate in.

Limitation of liability

In no event shall ChubiAgro, nor any of its officers, directors and employees, shall be held liable for anything arising out of or in any way connected with your use of this Website whether such liability is under contract. ChubiAgro, including its officers, directors and employees shall not be held liable for any indirect, consequential or special liability arising out of or in any way related to your use of this Website.

Indemnification

You hereby indemnify to the fullest extent ChubiAgro from and against any and/or all liabilities, costs, demands, causes of action, damages and expenses arising in any way related to your breach of any of the provisions of these Terms.

Severability

If any provision of these Terms is found to be invalid under any applicable law, such provisions shall be deleted without affecting the remaining provisions herein.

Variation of Terms

ChubiAgro is permitted to revise these Terms at any time as it sees fit, and by using this Website you are expected to review these Terms on a regular basis.

Assignment

The ChubiAgro is allowed to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification. However, you are not allowed to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.

Entire Agreement

These Terms constitute the entire agreement between ChubiAgro and you in relation to your use of this Website, and supersede all prior agreements and understandings.

Governing Law & Jurisdiction

These Terms will be governed by and interpreted in accordance with the laws laws of The Federal Republic of Nigeria, and you submit to the non-exclusive jurisdiction of the state and federal courts located in the Federal Republic of Nigeria for the resolution of any disputes.

Contact Us

If you have any questions about this Terms and Conditions, please contact us:

This document was last updated on December 15, 2018