Marketplace Platform Terms
SEVND, S.R.L. — Effective Date: June 25, 2026
Welcome to SEVND. These Platform Terms (the "Platform Terms") govern your access to and use of the SEVND online marketplace for the buying and selling of profitable businesses (the "Platform") operated by SEVND, S.R.L., a Dominican Republic limited-liability company with offices in Santo Domingo, Dominican Republic ("SEVND," "we," "our," or "us"). When you register or use the Platform as a buyer, seller, or other user ("you" or "your"), these Platform Terms form a binding agreement between you and SEVND.
These Platform Terms cover the SEVND Marketplace and the features we make available through it — including listing pages, valuation tools, in-platform messaging, document workflows (such as NDA and Letter of Intent flows), advisor coordination, and integrations with identity verification, payments, and escrow providers we add over time.
These Platform Terms are read together with the SEVND Website Terms of Use, the SEVND Privacy Policy, and the SEVND Dominican Republic Privacy Notice. By creating an account or continuing to use the Platform, you confirm that you have read, understood, and agreed to be bound by them.
A. Who Can Use the Platform
A.1 Eligibility
To register and use the Platform, you must be at least 18 years old (or the age of majority in your country of residence, if greater) and have the legal capacity to enter into a binding contract under the Civil Code of the Dominican Republic or your applicable home jurisdiction. You must not be subject to any sanction, embargo, or restriction that would prohibit your use of the Platform under Dominican Republic law, applicable U.S. or EU sanctions regimes, or any other applicable law.
A.2 Acting on Behalf of an Entity
If you register on behalf of a corporation, S.R.L., S.A., partnership, fund, holding company, SPV, or any other entity — whether your listing relates to that entity's business or you intend to acquire a business through that entity — you represent and warrant that you have full authority to bind that entity to these Platform Terms. Your obligations apply to both you personally and the entity you represent.
A.3 Account Information
You agree to provide accurate, current, and complete information when you register, and to keep that information up to date. SEVND may verify the information you provide and may suspend or remove accounts that contain false, incomplete, or misleading information.
A.4 International Users
The Platform features listings of businesses located in the Dominican Republic and elsewhere, and is accessible to buyers and sellers globally. Depending on your country of residence, additional laws may apply to your use of the Platform (for example, the European Union General Data Protection Regulation for residents of the EEA or the United Kingdom). You are responsible for compliance with the laws applicable to you in your home jurisdiction.
B. Listings, Content, and Licenses
B.1 Material You Submit
You alone are responsible for everything you upload, paste, link, or otherwise submit to the Platform — including listing descriptions, financial statements, traffic and product analytics, customer information, intellectual-property descriptions, photographs, recordings, contact details, third-party URLs, and anything reachable through links you share (collectively, your "Submitted Material"). SEVND is not the author of, and does not validate, your Submitted Material.
B.2 License to SEVND
You grant SEVND a worldwide, royalty-free, non-exclusive, sublicensable license to host, copy, reformat, display, transmit, store, index, and analyze your Submitted Material in order to (a) operate, secure, and improve the Platform; (b) facilitate the marketing of approved listings to qualified prospective buyers through the SEVND website, authorized partners, and direct outreach; and (c) comply with applicable law. You retain ownership of your Submitted Material; this license does not transfer ownership.
B.3 Your Representations About Submitted Material
You represent and warrant that: (a) you own or have all rights and licenses necessary in your Submitted Material to grant the license in B.2; (b) your Submitted Material — and your use of the Platform generally — does not violate Dominican Republic law (including Law 20-00 on Industrial Property, Law 65-00 on Copyright, Law 53-07 on High-Technology Crimes, Law 358-05 on Consumer Protection, and Law 172-13 on Personal Data Protection), or any other law that applies to you, or any third-party right; (c) your Submitted Material is not unlawful, defamatory, deceptive, obscene, or otherwise objectionable; (d) sharing your Submitted Material does not breach any non-disclosure agreement, employment agreement, or other confidentiality obligation; and (e) all financial, operating, and customer metrics you provide are true and not misleading in any material respect as of the date you provide them.
B.4 Curation, Editing, and Removal
SEVND decides, in its sole discretion, where and how listings appear on the Platform. We may copyedit, reformat, redact, hide, or remove any Submitted Material at any time — for example, to correct errors, comply with law, address quality concerns, respond to user reports, or enforce these Platform Terms. You authorize us to use automated tools to crawl, scan, and analyze any website, app, or public profile associated with a listed business for verification, fraud prevention, and quality purposes. You agree to keep your listing and account details current, including any changes to availability, ask price, financial performance, or contact information, within a reasonable period after a change occurs.
B.5 Spanish-Language Notices and Information
Where required by Dominican Republic Law 358-05 on Consumer Protection, SEVND will make material commercial information available in Spanish. The English version of any document is provided for convenience; in the event of a conflict between the Spanish and English versions of these Platform Terms with respect to a Dominican Republic consumer, the Spanish version prevails.
C. Acceptable Use
C.1 Things You Will Not Do
You agree that you will not, and will not permit any person acting through your account to:
- submit any listing, financial figure, traffic claim, or representation that is false, materially incomplete, or intended to mislead other users;
- use the Platform, in whole or in part, for benchmarking, competitive intelligence, or to design, build, train, or improve any competing marketplace, dataset, or service;
- scrape, crawl, harvest, or otherwise extract data from listings, profiles, deal rooms, messages, or any other part of the Platform by any automated or manual means, except where we have given express written permission;
- bypass or attempt to bypass any captcha, rate limit, login wall, paywall, or technical access control on the Platform;
- republish, mirror, post to social media, share with the press, or otherwise disclose any non-public listing details, deal room contents, or buyer/seller identity outside the Platform;
- use the Platform to offer, solicit, or transact in any "security" within the meaning of the Securities Market Law (Law 249-17) of the Dominican Republic, the U.S. Securities Act of 1933, or comparable laws of any jurisdiction in which you are active, including equity interests, partial buyouts, convertible notes, fund interests, or similar instruments;
- run advertisements, promote unrelated products or services, or engage in lead-generation activity targeting other users of the Platform;
- list any business engaged in unlawful activity, or any activity that violates Dominican Republic law (including Law 53-07 on High-Technology Crimes) or any other applicable law;
- engage in any practice that would constitute false advertising under Law 358-05 of the Dominican Republic, including the use of images, text, or descriptions that could mislead a reasonable consumer about the features, price, or conditions of any listed business; or
- take any action intended to circumvent any Closing Fee or other fee owed to SEVND (see Section F.3).
C.2 Confidentiality of Deal Information
C.2.1 Defined Terms
In this Section C.2, the party sharing information is the "Disclosing Party" and the party receiving it is the "Receiving Party." "Deal Information" means any non-public information about the Disclosing Party or its business that the Disclosing Party (or its Representatives) shares with the Receiving Party (or its Representatives) through the Platform in connection with evaluating a possible acquisition (a "Possible Transaction"). Deal Information includes financial statements, customer and supplier details, traffic and product analytics, code and technology assets, employee information, and any analyses, summaries, or notes the Receiving Party prepares from that information. "Representatives" means a party's directors, officers, employees, contractors, attorneys, accountants, lenders, financial advisors, and other professional advisors.
Deal Information does not include information that the Receiving Party can demonstrate (i) is or becomes publicly available through no breach of these Platform Terms; (ii) was already in its possession before disclosure, free of any confidentiality obligation; (iii) is independently developed without use of or reference to the Disclosing Party's Deal Information; or (iv) is lawfully received from a third party that is not under a confidentiality obligation.
C.2.2 Use and Non-Disclosure
The Receiving Party will, and will cause its Representatives to: (a) use Deal Information only to evaluate a Possible Transaction; (b) keep Deal Information strictly confidential and protect it with at least the same degree of care it uses for its own confidential information of similar sensitivity (and never less than reasonable care); and (c) only share Deal Information with Representatives who have a clear need to know it for the Possible Transaction and who are bound by written or professional confidentiality obligations no less protective than these Platform Terms. The Receiving Party is responsible for any breach of these confidentiality obligations by its Representatives.
Without the Disclosing Party's prior written consent, the Receiving Party will not disclose to any third party (i) that Deal Information has been exchanged, (ii) that discussions about a Possible Transaction are taking place or have taken place, or (iii) any of the substantive terms of any such discussions. Notwithstanding the foregoing, SEVND's Platform may automatically and anonymously surface high-level deal-status events to other authorized buyers — for example, that a listing has gone under offer — and you consent to that automated disclosure when you use the Platform.
C.2.3 Source and Accuracy
All Deal Information appearing on the Platform comes from the buyer or seller who shared it. SEVND does not author, audit, or verify Deal Information and makes no representations or warranties about its accuracy, completeness, or fitness for any purpose. Any representation or warranty about Deal Information is made by the buyer or seller who provided it — never by SEVND or its team.
D. What Can Be Bought and Sold on the Platform
D.1 Geographic Scope
The Platform features listings of businesses located in the Dominican Republic and other jurisdictions. We do not provide the Platform to users located in, ordinarily resident in, or organized under the laws of any country or region subject to comprehensive U.S., EU, or UN sanctions, and we do not facilitate transactions in or with parties in those jurisdictions.
D.2 Asset Sales Only
The Platform is built for the sale of operating businesses and digital assets, structured as asset sales. Stock sales, equity transfers, and other security-based deal structures are out of scope and will be removed.
D.3 Securities Are Prohibited
SEVND does not allow the offer, solicitation, marketing, sale, or purchase of any security through the Platform. We monitor the Platform for prohibited activity and will remove users we determine, in our sole discretion, to be promoting or facilitating a securities transaction. Prohibited activity includes (without limitation):
- sale or purchase of equity interests, including shares of stock and S.R.L. or LLC membership interests;
- partial or majority ownership buyouts in which any equity is being transferred;
- sale or purchase of debt securities, including notes, bonds, debentures, or other evidences of indebtedness; and
- capital-raising activities of any kind, including SAFE, convertible note, or fund interest offerings.
SEVND reserves the right to remove any listing, message, user, or transaction from the Platform at any time, in its sole discretion, including where we believe a user or transaction violates applicable law, regulation, or these Platform Terms.
E. Fees, Subscriptions, and Closing
E.1 Ending Your Account
You can request to close your account at any time by following the cancellation flow in your account settings or by emailing the address in Section H.6. Cancellation does not refund any fees previously paid except as described in our published refund policy or as required by Dominican Republic Law 358-05 on Consumer Protection.
E.2 Account Suspension and Termination by SEVND
We may, at our discretion and with or without prior notice, suspend, restrict, or permanently terminate your account if (a) we believe you have breached these Platform Terms or any other SEVND policy; (b) we believe doing so is necessary to protect the Platform, our users, or third parties; or (c) we are required to do so by law, regulator, or court order. We may also discontinue any feature of the Platform at any time without liability.
E.3 Subscription Fees
Where SEVND offers paid subscriptions, the then-current fee schedule, billing frequency, and accepted payment methods are published on the SEVND website. All fees are quoted in U.S. dollars or Dominican pesos (DOP), as indicated. Where the user is subject to the Dominican Republic Tax on the Transfer of Industrialized Goods and Services (ITBIS), applicable taxes will be added to invoices at the rate in effect under Law 32-23 on Electronic Invoicing and other applicable tax laws.
WE MAY UPDATE FEES, FEATURES, AND ACCESS LEVELS LISTED ON THE PRICING PAGE AT ANY TIME, IN OUR SOLE DISCRETION. WHERE A CHANGE AFFECTS A FEE YOU ALREADY PAY, WE WILL GIVE YOU REASONABLE ADVANCE NOTICE BY EMAIL OR THROUGH THE PLATFORM, AND THE NEW FEE WILL APPLY FROM THE EFFECTIVE DATE STATED IN THAT NOTICE.
E.4 Closing Fee
Sellers agree to pay SEVND a success-based services fee (the "Closing Fee") within five (5) business days of closing a transaction that originated, was facilitated, or was supported by the Platform. The current Closing Fee schedule, and any applicable minimums, will be communicated to you in writing (or made available on the SEVND website) before you list. We may update the Closing Fee from time to time on reasonable notice; the version in effect on the date of that notice applies to closings from that date forward.
E.5 What the Closing Fee Is Calculated On
The Closing Fee is calculated on the total purchase price (or total enterprise value, where applicable) of the transaction, including without limitation: cash at close, holdback amounts, escrow amounts, earnouts and other contingent consideration, seller financing or notes (whether secured or unsecured), assumed liabilities included in the purchase price, post-closing consulting or transition fees paid to the seller, royalty or revenue-share streams, and any non-cash consideration such as rollover interests. All deferred or contingent components are deemed earned and payable at closing for purposes of calculating the Closing Fee, and the corresponding portion of the Closing Fee is due on the closing date.
Where any portion of the purchase price is non-cash, the seller will pay SEVND the corresponding portion of the Closing Fee in cash (U.S. dollars or Dominican pesos, as agreed). The Closing Fee is not paid in non-cash consideration.
E.6 How the Closing Fee Is Paid
Sellers agree to: (a) include the Closing Fee on any funds-flow memorandum, settlement statement, or closing schedule used in the transaction; (b) include the Closing Fee in the closing-day wire of the purchase price; or (c) where escrow is used, include SEVND on the escrow disbursement instructions for the Closing Fee. SEVND will issue invoices in accordance with Dominican Republic Law 32-23 on Electronic Invoicing where applicable. The non-circumvention provisions in Section F.3 apply to the Closing Fee.
F. What SEVND Does — and What It Does Not Do
F.1 What the Platform Does
SEVND operates a private, curated online marketplace that connects qualified buyers with sellers of vetted, profitable businesses, with a primary focus on the Dominican Republic. The Platform also offers self-service workflows (such as the NDA and Letter of Intent flows, listing pages with verified information, and integrations with identity-verification and payments providers) and informational resources designed to streamline diligence and deal preparation.
Separately from the Platform, SEVND may offer advisory services through its team or affiliated advisors. Those engagements, where offered, are governed by individually negotiated, signed engagement letters — not by these Platform Terms.
F.2 Compensation Disclosures
F.2.1 Referrals to Third-Party Professionals
From time to time, we may introduce you to third-party professionals — for example, transaction attorneys, accountants, quality-of-earnings providers, or transition consultants (each, an "Advisor") — with whom SEVND has an existing relationship. Where permitted by applicable law (including Law 358-05 on Consumer Protection, which requires disclosure of any conflict that could affect a consumer's decision), SEVND may receive a referral or revenue-share fee from an Advisor in connection with the introduction. By accepting these Platform Terms, you acknowledge and consent to that arrangement. You are never required to engage any Advisor we introduce.
F.2.2 Lending, Insurance, and Service Partners
Where we offer optional financing, escrow, insurance, payments, or similar partner services to support a transaction, the partner may pay SEVND a referral or revenue-share fee for the introduction. By accepting these Platform Terms, you acknowledge and consent to those arrangements. You are free to use any provider you choose.
F.3 Non-Circumvention
You agree not to take any action — directly or indirectly, alone or with any third party — that would prevent SEVND from receiving the compensation contemplated by these Platform Terms. You will transact through the Platform with parties you meet through the Platform, and you will not "go off-platform" to avoid the Closing Fee or any other fee. This non-circumvention obligation survives termination of these Platform Terms, and any breach of it is a material breach of these Platform Terms.
F.4 Automated Deal Status Messaging
When a listing receives a Letter of Intent, the Platform may automatically notify other buyers with whom the listing has been shared that an offer has been received — without disclosing the identity of the offering buyer or the terms of the offer. When a listing closes, the Platform may automatically notify those buyers that the listing has been acquired. By using the Platform, you consent to this automated, anonymized status messaging.
F.5 Things SEVND Does Not Do
SEVND strives to run a high-quality marketplace, but you acknowledge and agree that, except where we have signed a separate, fully executed engagement letter expressly to the contrary, SEVND is not, and is not acting as:
- your broker, agent, fiduciary, attorney, accountant, financial advisor, or representative of any kind. No such relationship is created by your registration or use of the Platform, by implication or otherwise;
- a law firm. The Platform tools (including the NDA and LOI flows and any guidance content) are provided for informational and workflow purposes only. Nothing on the Platform constitutes legal, tax, or accounting advice. You are responsible for engaging your own qualified professionals;
- a diligence provider. SEVND does not perform legal, tax, financial, technical, security, or commercial due diligence on any buyer, seller, listing, or transaction. You are solely responsible for performing whatever diligence you decide to perform, at your own cost;
- a valuation firm. Any valuation calculator, multiple range, or comparable shown on the Platform is informational only and is not a substitute for a formal valuation by a qualified professional;
- a closing services provider. We do not handle tax clearances, social-security clearances, real-property transfers, registry filings, intellectual-property transfer filings, or any other closing items required by Dominican Republic law or any other jurisdiction. All closing items are your responsibility;
- a negotiator on your behalf. We do not negotiate purchase price, terms, representations and warranties, indemnities, or any other deal terms on your behalf;
- an issuer, broker-dealer, exchange, transfer agent, or alternative trading system. The Platform is not a venue for securities transactions of any kind;
- a guarantor of any transaction outcome. M&A transactions involve risk and are arm's-length deals between buyer and seller. We cannot guarantee that any deal will close, that any party will perform, or that any forecast will be achieved;
- a dispute-resolution forum. We do not adjudicate, mediate, arbitrate, or otherwise intervene in disputes between buyers, sellers, Advisors, or partners arising from or relating to a transaction; and
- an employer or principal of any Advisor or partner. Each Advisor and partner is independent and has no power to bind SEVND.
G. Tools, Integrations, and Third-Party Services
G.1 Self-Service Tools
All informational tools, templates, calculators, and guides on the Platform — including but not limited to the NDA flow, the LOI flow, valuation calculators, and any acquisition playbooks — are provided for informational and workflow convenience only. Use of these tools does not create an attorney-client, fiduciary, agency, or brokerage relationship between you and SEVND. You should consult qualified legal, tax, accounting, and other professionals about your specific situation before relying on any output from these tools.
Electronic signatures applied through Platform workflows are intended to qualify as electronic signatures under Dominican Republic Law 126-02 on Electronic Commerce, Documents and Digital Signatures and INDOTEL Resolution No. 071-19, and as electronic signatures under comparable laws of other jurisdictions where you are active (such as the U.S. ESIGN Act and the EU eIDAS Regulation). Certain documents (for example, wills, real-estate deeds, and other instruments requiring a notarized handwritten signature under Dominican Republic law) may require a handwritten signature and cannot be completed solely through electronic signature.
G.2 Voluntary Data Integrations
If you choose to connect a third-party analytics, payments, or accounting account — for example, Stripe, Google Analytics, ChartMogul, Baremetrics, ProfitWell, QuickBooks, or similar — to populate your listing with verified metrics, you authorize SEVND to use the credentials, API keys, view IDs, or OAuth tokens you provide for read access to those accounts solely to display the resulting metrics on your listing and to support the diligence process. You remain bound by the third party's terms and privacy policy when you make that connection.
SEVND is not responsible for the availability, accuracy, security, or continuity of any third-party service, and any contract you enter into with a third party is between you and that third party. Use of any third-party service is at your own risk.
G.3 Identity Verification and KYC
SEVND may use third-party identity-verification and screening providers to confirm user identities and run any compliance checks required by applicable law (including anti-money-laundering and sanctions-screening obligations). Verification activity is conducted by the provider, not SEVND, and the provider is responsible for any data it collects in that process. You authorize the applicable provider to collect and process the information needed to perform verification.
G.4 Escrow Integrations
Where a transaction uses an escrow partner integrated with the Platform, the escrow partner is the escrow agent of record and the escrow agreement (and that partner's terms of service) governs that escrow exclusively. SEVND's role is limited to initiating the transaction record and passing data between you and the escrow partner. We are not licensed to release, freeze, modify, cancel, or arbitrate any escrow.
Like SEVND, escrow partners do not handle closing items on your behalf. All closing items remain your responsibility, and you may need to engage qualified counsel to complete them. Disputes about an escrow transaction must be raised directly with the escrow partner under that partner's terms. SEVND will not be liable, in any amount, for any damages arising from or related to any escrow dispute between buyer and seller.
H. Risk Allocation
H.1 Disclaimer of Warranties
PLEASE READ THIS SECTION CAREFULLY — IT AFFECTS YOUR RIGHTS AGAINST SEVND AND REQUIRES YOU TO WAIVE CERTAIN REMEDIES.
SEVND does not own, control, employ, or sponsor any buyer, seller, listing, business, Advisor, or partner appearing on the Platform. The presence of a buyer, seller, Advisor, or partner on the Platform is not an endorsement of, recommendation of, or affiliation with that party. If you want a representation, warranty, or guarantee about a buyer, seller, listing, Advisor, or partner, please obtain it directly from that party — not from SEVND.
THE PLATFORM, ALL PLATFORM TOOLS, AND ALL PLATFORM CONTENT ARE PROVIDED "AS IS," "WITH ALL FAULTS," AND "AS AVAILABLE," WITH THE ENTIRE RISK AS TO QUALITY, PERFORMANCE, ACCURACY, AND OUTCOMES BORNE BY YOU. SEVND DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND ANY WARRANTY ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.
NOTHING IN THESE PLATFORM TERMS LIMITS OR EXCLUDES ANY WARRANTY OR LIABILITY THAT MAY NOT BE LIMITED OR EXCLUDED UNDER DOMINICAN REPUBLIC LAW 358-05 ON CONSUMER PROTECTION OR ANY OTHER APPLICABLE MANDATORY LAW.
H.2 Limitation of Liability
PLEASE READ THIS SECTION CAREFULLY — IT AFFECTS YOUR RIGHTS AGAINST SEVND AND REQUIRES YOU TO WAIVE CERTAIN REMEDIES.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, SEVND AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND SUPPLIERS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES — INCLUDING WITHOUT LIMITATION LOST PROFITS, LOST REVENUE, LOST GOODWILL, LOST OPPORTUNITIES, BUSINESS INTERRUPTION, AND COST OF SUBSTITUTE PRODUCTS OR SERVICES — ARISING FROM OR RELATED TO THE PLATFORM OR THESE PLATFORM TERMS, EVEN IF SEVND HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND REGARDLESS OF WHETHER THE CLAIM IS BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR ANY OTHER LEGAL THEORY.
SEVND'S AND ITS AFFILIATES' TOTAL CUMULATIVE LIABILITY ARISING FROM OR RELATED TO THE PLATFORM OR THESE PLATFORM TERMS WILL NOT EXCEED THE GREATER OF (A) ONE HUNDRED U.S. DOLLARS (US$100.00) OR (B) THE TOTAL FEES YOU ACTUALLY PAID SEVND FOR USE OF THE PLATFORM IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.
THIS LIMITATION DOES NOT APPLY TO LIABILITY THAT CANNOT BE LIMITED OR EXCLUDED UNDER DOMINICAN REPUBLIC LAW 358-05 ON CONSUMER PROTECTION OR OTHER APPLICABLE MANDATORY LAW.
H.3 Indemnification
You agree to defend, indemnify, and hold harmless SEVND, its affiliates, and each of their respective officers, directors, employees, contractors, agents, suppliers, and representatives from and against any claim, demand, action, loss, damage, cost, or expense (including reasonable attorneys' fees and costs) arising from or related to:
- your access to or use of the Platform, your account, or any Platform tool;
- any breach by you of these Platform Terms, including any breach of the prohibitions in Section C.1 or any representation or warranty in Section B.3;
- any Submitted Material or Deal Information you provide, including the truthfulness, accuracy, completeness, and lawfulness of that material; and
- any dispute between you and any other user, Advisor, or partner.
SEVND may assume the exclusive defense and control of any matter for which you owe indemnification, in which case you will reasonably cooperate in asserting available defenses. You may not settle any matter that imposes any obligation on SEVND without our prior written consent.
H.4 Governing Law and Venue
These Platform Terms, and any dispute arising from or relating to them or your use of the Platform, are governed by the laws of the Dominican Republic, without regard to its conflict-of-laws principles. Subject to Section H.5, you and SEVND agree to submit to the exclusive jurisdiction of the courts of the National District (Distrito Nacional) of the Dominican Republic for any such dispute, and you waive any objection to that jurisdiction or venue.
H.5 Consumer Dispute Resolution; Pro-Consumidor
If you are a consumer in the Dominican Republic, you have the right to bring any consumer dispute to the National Institute for the Protection of Consumer Rights ("Pro-Consumidor") under Law 358-05 and Decree 263-08, including through its conciliation and arbitration procedures. Nothing in these Platform Terms limits any right you have to file a complaint with Pro-Consumidor or to pursue any other remedy available under Dominican Republic consumer-protection law.
H.6 Notices
All notices under these Platform Terms must be in writing. Notices to SEVND will be effective when received, and may be sent by personal delivery; certified mail with return receipt; recognized international courier (effective the next business day after deposit); or email with confirmation of receipt. Written notices should be addressed to: SEVND, S.R.L., Attn: Legal, Santo Domingo, Dominican Republic. Electronic notices should be sent to legal@sevnd.com.
H.7 Changes to These Platform Terms
SEVND may update these Platform Terms at any time, in its sole discretion, by posting an updated version on the SEVND website or by sending you notice through the Platform, by email, or by other reasonable electronic means. Continued use of the Platform after the effective date of an update constitutes your acceptance of the updated Platform Terms.
H.8 Miscellaneous
H.8.1 Assignment
You may not assign or transfer your rights or delegate your obligations under these Platform Terms without SEVND's prior written consent; any attempted assignment or delegation without that consent is void. SEVND may freely assign or transfer these Platform Terms in connection with a merger, acquisition, financing, reorganization, or sale of substantially all of its assets.
H.8.2 No Waiver
SEVND's failure to enforce any provision of these Platform Terms is not a waiver of that provision or any other provision. Any waiver of any provision is effective only if in writing and signed by an authorized representative of SEVND.
H.8.3 Order of Precedence
These Platform Terms are read together with any separate written agreement between you and SEVND (for example, an advisory engagement letter). If there is a direct conflict between these Platform Terms and a separately signed agreement, the separately signed agreement controls solely with respect to its subject matter.
H.8.4 No Third-Party Beneficiaries
These Platform Terms do not create, and are not intended to create, any rights or remedies in any third party.
H.8.5 Severability
If any provision of these Platform Terms is held invalid, illegal, void, or unenforceable by a court of competent jurisdiction, that provision will be modified only to the minimum extent necessary to make it enforceable, and the remaining provisions will remain in full force and effect.
H.8.6 Survival
Any provision of these Platform Terms that by its nature should survive termination of your account or these Platform Terms — including Sections B.2 (license), B.3 (representations), C.2 (confidentiality), E.4–E.6 (Closing Fee and non-circumvention), F.3 (non-circumvention), F.5 (no-services disclaimers), H.1 (warranty disclaimer), H.2 (limitation of liability), H.3 (indemnification), H.4 (governing law and venue), H.5 (Pro-Consumidor), H.6 (notices), and this H.8 — survives that termination.
H.8.7 Language
These Platform Terms are provided in English and may also be made available in Spanish. The Spanish version controls solely with respect to Dominican Republic consumers protected by Law 358-05; otherwise, the English version controls.
© SEVND, S.R.L. All rights reserved.
Questions? Contact: legal@sevnd.com