Privat 3 Money Limited

1.1. The Terms in this Addendum incorporate the Customer Agreement – which can be found at: https://privat3money.com and relate specifically to your use of the platform known as P3 Marine available at https://p3marine.com. You should read these P3 Marine Terms together with the Customer Agreement which sets out the terms on which we provide services to you in general. The Customer Agreement applies to your use of P3 Marine in addition to these P3 Marine Terms. We have used the terms defined in the Customer Agreement and defined any additional terms as needed in these P3 Marine Terms.

2.1. Please read these terms carefully along with the Customer Agreement and keep a copy for your records. It governs the basis on which we provide you with the P3 Marine Services. By creating an account and using the P3 Marine Service, you are accepting the Customer Agreement and these P3 Marine Terms.

3.1. The P3 Marine Platform (the “Platform”) is operated by Privat 3 Money Limited, a company incorporated in England and Wales with registered number 11700691 and whose registered office is at 23 Hill Street, M3ayfair, London, W1J 5LW (“P3”).

3.2. P3 is an Electronic Money Institution authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (FRN 900989).

3.3. P3 Marine provides a platform for the complete management of marine vessels.

3.4. By signing up for a P3 Marine account, you are agreeing to the P3 Marine Terms, the Customer Agreement and any Addendums relating to the other services that P3 may provide to you from time to time including Cards.

4.1. P3 Marine (the “Site”) is for your professional use only.

4.2. [The Site is currently in ‘Beta’ and we do not guarantee that any part of the Site is accessible, or functions as expected. If you encounter any bugs or issues, we would be grateful if you would notify us via email at info@privat3money.com].

4.3. You agree that you are solely responsible for all costs and expenses you may incur in relation to your use of the Site. In particular, we draw your attention to the cost of data services accessed remotely or via satellite for which you, any vessel and or its crew are solely responsible.

4.4. We make no promise that the Site is available in all locations around the world. In particular, you may require a certain minimum bandwidth in order to access the Site and we can make no guarantee that the Site will be available in every location that your vessel sails to.

4.5. As a condition of your use of the Site, you agree not to:

4.5.1. misuse or attack our Site by knowingly introducing viruses, trojans, worms, logic bombs or any other material which is malicious or technologically harmful (such as by way of a denial-of-service attack), or

4.5.2. attempt to gain unauthorised access to our Site, the server on which our Site is stored or any server, computer or database connected to our Site.

4.6. We may prevent or suspend your access to the Site if you do not comply with these Terms or any applicable law.

5.1. Use of the Site will require registration in order to access any restricted areas of the Site and the Site’s functionality will be unavailable until you have fully onboarded with P3 in accordance with the Customer Agreement, including passing all relevant KYC and AML checks in accordance with the Customer Agreement.

5.2. We are not obliged to permit anyone to register with the Site and we may refuse, terminate or suspend registration to anyone at any time.

5.3. You are responsible for ensuring that your password for the Site and other account details for P3 Marine are secure and confidential.

5.4. If we have reason to believe there is likely to be a breach of security or misuse of the Site through your account or the use of your password, we may notify you and require you to change your password, or we may suspend or terminate your account.

6. Any personal information you provide to us as part of the registration process will be processed in accordance with our Privacy Policy available at https://www.privat3money.com/privacy-policy/.

7.1. Subject to clause 6.4 below, the intellectual property rights in the Site and in any text, images, video, audio or other multimedia content, software or other information or material submitted to or accessible from the Site (“Content”) are owned by us and our licensors.

7.2. We and our licensors reserve all our intellectual property rights (including, but not limited to, all copyright, trade marks, domain names, design rights, database rights, patents and all other intellectual property rights of any kind) whether registered or unregistered anywhere in the world. This means, for example, that we remain owners of them and are free to use them as we see fit.

7.3. Nothing in these Terms grants you any legal rights in the Site or the Content other than as necessary for you to access it. You agree not to adjust, try to circumvent or delete any notices contained on the Site or the Content (including any intellectual property notices) and in particular, in any digital rights or other security technology embedded or contained within the Site or the Content.

7.4. Notwithstanding clause 6 above, Content that you submit to the Site, including images and text shall remain your property provided that by uploading it you grant P3 a worldwide, royalty free, perpetual, irrevocable license to use that Content on the Site and in P3’s marketing, promotional and other materials for so long as your account on the Site remains active.

8.1. We try to make sure that the Site is accurate, up-to-date and free from bugs, but we cannot promise that it will be. Furthermore, we cannot promise that the Site will be fit or suitable for any purpose. Any reliance that you may place on the information on the Site is at your own risk.

8.2. We may suspend or terminate access or operation of the Site at any time as we see fit.

8.3. Any Content is provided for your general information purposes only and to inform you about us and our products and news, features, services and other websites that may be of interest, but has not been tailored to your specific requirements or circumstances. It does not constitute technical, financial or legal advice or any other type of advice and should not be relied on for any purposes. You should always use your own independent judgment when using our Site and its Content.

8.4. While we try to make sure that the Site is available for your use, we do not promise that the Site will be available at all times or that your use of the Site will be uninterrupted.

9.1. The Site may contain hyperlinks or references to third party advertising and websites other than the Site. Any such hyperlinks or references are provided for your convenience only. We have no control over third party advertising or websites and accept no legal responsibility for any content, material or information contained in them. The display of any hyperlink and reference to any third party advertising or website does not mean that we endorse that third party’s website, products or services. Your use of a third party site may be governed by the terms and conditions of that third-party site and is at your own risk.

10.1. If we breach these P3 Marine Terms or are negligent, we are liable to you for foreseeable loss or damage that you suffer as a result. By ‘foreseeable’ we mean that, at the time these P3 Marine Terms were formed, it was either clear that such loss or damage would occur or you and we both knew that it might reasonably occur, as a result of something we did (or failed to do).

10.2. We are not liable to you for any loss or damage that was not foreseeable, any loss or damage not caused by our breach or negligence, or any business loss or damage.

10.3. Nothing in these terms excludes or limits our liability for any death or personal injury caused by our negligence, liability for fraud or fraudulent misrepresentation, or any other liability that the law does not allow us to exclude or limit.

11.1. We are not liable to you if we fail to comply with these P3 Marine Terms because of circumstances beyond our reasonable control.

No third-party rights

11.2. No one other than us, or you, has any right to enforce any of these P3 Marine Terms.

12.1. No changes to these P3 Marine Terms are valid or have any effect unless agreed by us in writing or made in accordance with this clause 2

12.2. We reserve the right to vary these P3 Marine Terms from time to time. Our updated P3 Marine Terms will be displayed on the Site and by continuing to use and access the Site following such changes, you agree to be bound by any variation made by us. It is your responsibility to check these P3 Marine Terms from time to time to verify such variations.

13.1. We will try to resolve any disputes with you quickly and efficiently. If you are unhappy with us, please contact us as soon as possible using the contact details set out at the top of this page.

13.2. The laws of England and Wales apply to these P3 Marine Terms, although if you are resident elsewhere you will retain the benefit of any mandatory protections given to you by the laws of that country.

13.3. Any disputes will be subject to the non-exclusive jurisdiction of the courts of England and Wales. This means that you can choose whether to bring a claim in the courts of England and Wales or in the courts of another part of the UK in which you live.