Terms and Conditions

Terms and Conditions

TERMS AND CONDITIONS OF LAKE INSPIRE CONCEPT

Below are the terms and conditions that you must agree to before using any of our services at LAKE INSPIRE CONCEPT.

This Agreement (the use of our services as contained herein) is a contract between you and LAKE INSPIRE CONCEPT (comprising all our site{s}: https://lic.com.ng) applying to your use of any of the LAKE INSPIRE CONCEPT services and any of our related sites.

If you do not agree to be bound by the terms and conditions of this Agreement, you may not use any of our site{s} or services.

We, LAKE INSPIRE CONCEPT, reserve the right to amend this Agreement at any time by posting a revised version on this website. Except if otherwise stated, all amendments shall be effective thirty (30) days after publication on any of our site{s}. Notice of changes to this agreement will be posted on all our websites, as well as, on our social media accounts.

In this Agreement, “you” or “your” or “buyers” means any person or entity (“Users”) using the Services that we render to (or buying from) those who use our services. Unless otherwise stated, “LAKE INSPIRE CONCEPT“, “we” or “our” will refer collectively to LAKE INSPIRE CONCEPT, its officers, directors, agents, subsidiaries, joint ventures, and employees.

The terms of this Agreement are deemed to be part of the conditions for using our services and no other terms will apply unless all or any part of this Agreement is otherwise agreed to by both parties, placed in writing and duly executed by each party.

1.0 Eligibility

Both Sellers and Buyers of products and services can use the services that we provide from any of our site{s}. Unless otherwise stated, all provisions in this Agreement apply to both Sellers and Buyers.

You agree that any information you give to us (“User Information”) will stay in our records until termination of this Agreement, for whatever reason, in which case such information will be removed from our systems and/or returned to you and/or destroyed.

You agree that we do not need additional consent to store, use and transmit data to third parties provided that this is strictly necessary for the performance of our customer support duties as agreed.

1.1 Warranties

  • You represent and warrant that all of the following are true of you from your entry into this Agreement until the termination of your use of our services (where applicable): your name, email address, business address, phone number and other information that we may require.
  • If you are an entity (business) or an individual, you have the legal capacity to enter into this Agreement and perform the obligations represented within it.
  • If you are an individual, then you are at least 18 years of age and do not require the consent, approbation or approval of any other person or entity to conclude a contractual obligation of the type represented in this Agreement. If you are below 18 years, then you need the approval of a guardian before using any of our services.
  • You conduct your business affairs (especially with us) according to the terms and intent of this Agreement and in compliance with all applicable laws and regulations.
  • You do not use our services for any activities considered fraudulent or illegal under any laws or regulations in any applicable jurisdiction.
  • You will refrain from using abusive and vulgar language with LAKE INSPIRE CONCEPT employees, whether through email, blog comments or phone support. Abusive conduct will not be tolerated and will result in account and/or services termination.

2.0 Liability

2.1 Our Liability

If you have a dispute with one or more users (sellers, buyers or anyone who uses our services to provide other services), you release LAKE INSPIRE CONCEPT from any and all claims, demands and actual/consequential damages related to your transaction(s) with said user(s) unless this results from wrongful or negligent acts attributable to us. We provide our services “as is” without any warranty or condition.

LAKE INSPIRE CONCEPT makes reasonable efforts to ensure that requests for electronic debits and credits, as well as, direct bank payments (involving bank accounts), credit cards and cheque issuances are processed promptly and securely. We make no representations or warranties regarding the amount of time needed to complete transactions or full delivery of service(s) because our services are largely dependent on many factors outside of our control, including but not limited to denial-of-service, attacks, insurrection, fires, flood, storm, explosions, acts of God, war, terrorism, and labour conditions.

Under no circumstances shall we be liable for any lost profits, special, incidental or consequential damages arising out of or in connection to any of our sites, our services or this Agreement. Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages so the above limitation or exclusion may not apply to you. Under no circumstances shall our liability to you exceed the amount of the revenue earned from transactions carried out by you in the three months prior to the event leading to liability.

You agree to indemnify and hold LAKE INSPIRE CONCEPT harmless from any claim or demand, including attorneys’ fees, made or incurred by any third party due to or arising out of your breach of this Agreement, by the documents it incorporates or by your violation of any law or third-party’s rights related to your use of any of our services.

You agree that if either you or LAKE INSPIRE CONCEPT begin litigation or arbitration, the prevailing party is entitled to recover reasonable attorneys’ fees and any other costs incurred in addition to any other relief to which the prevailing party may be entitled.

You agree to indemnify and hold LAKE INSPIRE CONCEPT harmless for unauthorised use of our platforms (social media and others), and any of our sites. It is very important to contact us immediately if you believe someone (user(s) or buyer(s) is breaching your rights. Notifying us as soon as possible will limit your liability.

2.2 Your Liability

If you do not report unauthorised breach of your rights by another user(s) on all our sites or buyer(s) of LAKE INSPIRE CONCEPT, you will be liable for any resulting damages. We will do what we can to recover funds and address the breache(s), but if we are unable to recover them, you will assume responsibility for the losses.

Please note that all activities performed on our sites by user(s) or buyer(s) account while logged in will be assumed as performed by the account holder. The account holder also understands that delegating authority to operate his/her account amounts to ownership of any and all activities performed on his account. This includes but not limited to:

  • Account registration and verification.
  • Products purchases.
  • Account updates.

Under no circumstances will you be liable for any lost profits, special, incidental or consequential damages arising out of or in connection to this Agreement. Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages so the above limitation or exclusion may not apply to us. Under no circumstances shall your liability to us exceed the amount of the revenue earned from transactions carried out by you in the three months prior to the event leading to liability.

You agree to indemnify and hold LAKE INSPIRE CONCEPT harmless from any claim or demand, including attorneys’ fees, made or incurred by any third party due to or arising out of your breach of this Agreement.

You agree that if either you or LAKE INSPIRE CONCEPT begin litigation or arbitration, the prevailing party is entitled to recover reasonable attorneys’ fees and any other costs incurred in addition to any other relief to which the prevailing party may be entitled.

3.0 Agency Relationship

LAKE INSPIRE CONCEPT serves as agents for users of our services and, also, use agents for the same purposes.

By initiating services that make us serve as agents (for you), we assume full representations of your business/organisation (throughout the period of the service(s) applied for) in all ramifications, including payment for and delivery of services, and you agree to relate with our agents as true representatives of our organisation (confirmation of all agents is required by any users).

You agree to indemnify and hold LAKE INSPIRE CONCEPT harmless from any claim or demand, including attorneys’ fees, made or incurred by any third party due to or arising out of your breach of this Agreement.

4.0 Usage of Our Sites

LAKE INSPIRE CONCEPT operates its services and provide services via the site{s} listed below:

You agree that your use of any of our site{s} is in compliance with the Terms and Conditions contained herein.

4.1 Usage of Our services on https://lic.com.ng

4.1.1 LAKE INSPIRE CONCEPT – HTTPS://LIC.COM.NG

https://lic.com.ng is the primary site of LAKE INSPIRE CONCEPT – linking to all other sites that connect with us, including our social media platforms.

You agree to be bound with the various requirement under each of the services we provide in this primary site, and conduct your transactions with us without manipulations and to be true to the information that you release to us, at all times.

4.1.2 Initiating services

Every user of our services must request for the use of any services and must be ready to be bound by this Terms and Conditions before proceeding to use our services for his/her business, products or services.

We also initiate services when we see the need to do that.

There must be a formal written agreement, including this Terms and Conditions, to specifically address the services in need by clients, users.

4.1.3 Payment of Charges

Clients, users must note that every service applied for, from us, attracts a 5% Value Added Tax, VAT, and that there must be a down payment of 80% of the total charges of service(s) needed.

In this case, the total charges refer to costs of any services and the VAT applicable.

While the remaining 20% must be paid in not less than three (3) weeks after the payment of the down payment (80%) or as may be agreed to between a client, clients and LAKE INSPIRE CONCEPT.

Except where otherwise stated in the formal written agreement, we may not allow users or clients to follow the process of down payment of 80% of total charges and balancing the remaining 20% in not less than three (3) weeks after the payment of the down payment (80%) or as may be agreed to between a client, clients and LAKE INSPIRE CONCEPT.

Clients are at liberty to choose a suitable payment platform from all the ones provided by us, unless otherwise restricted by us.

5.0 Acceptable Use Policy and Activities Not Allowed

5.1. Activities Not Allowed

The sale, solicitation, offering, exchange or service of the following (through the use of our services or sites):

  • Tobacco products and related paraphernalia.
  • Controlled substances.
  • Imitation and replica clothing and accessories.
  • Drugs and related paraphernalia (including but not limited to research chemicals and illicit herbal incense).
  • Pre-adult content, such as pictures, videos, etc.
  • Illegal downloads or any other goods and services infringing intellectual property rights of a third party, including streaming video/audio.
  • Sites that promote hatred, racism, sexism or any other prejudicial views.
  • Hazardous materials and/or corrosives.
  • Weapons.
  • Misleading information that jeopardises other people’s lives and properties.

The following activities are also not allowed through or in relation to LAKE INSPIRE CONCEPT:

  • Money laundering.
  • Infringing on any third party’s copyright, patent, trademark, trade secret or other property rights or rights of publicity or privacy.
  • Violation of any law, statute, ordinance, contract or regulation, including but not limited to those governing financial services, consumer protection, unfair competition, anti-discrimination or false advertising.
  • Submission of altered verification documents.
  • Being misleading, false or inaccurate in respect to LAKE INSPIRE CONCEPT or any other User.
  • Any defamatory, trade, libelous contents unlawfully threatening or harassing statements or information.
  • Spamming.
  • Using the LAKE INSPIRE CONCEPT brand to market or advertise your product(s)/service(s) when you are not a recognised agent by Us.
  • Threatening legal action against LAKE INSPIRE CONCEPT and/or LAKE INSPIRE CONCEPT employees.

Furthermore, anything that directly causes us to lose or become liable for, in whole or in part, the services of our sponsors, partners, Internet Service Providers or other suppliers is not allowed. If you use or attempt to use the Services for purposes other than selling products, advertising products/services, and/or applying for our services, including but not limited to tampering, hacking, modifying or otherwise corrupting the security or functionality of the Services, you will be subjected to damages and other penalties, including criminal prosecution if necessary.

5.2 Monetary Penalties

If you are found by a competent judicial body to be in violation of this User Agreement and all terms herein, we reserve the right to fine you a penalty as may be named by the competent judicial body.

We further reserve the right to penalise any and all fraudulent or negligent Sellers for using LAKE INSPIRE CONCEPT as Customer Support for their businesses, for excessive refunds, transaction disputes, complaints, excessive burden, creating liability and damaging our credibility among our members and professional partners.

5.3 Use of Other Services Providers

Buyers and Sellers are allowed to use other services providers that have no relations with us.

A user of our services may request that we render services for him/her with another services provider(s) by which we serve the user as an agent to the services providers(s).

A user of our services might terminate the continuous use of our services after observing the appropriate procedure as agreed to in the formal agreement exchanged between LAKE INSPIRE CONCEPT and such client.

6.0 Refund Policy

Our refund policy is highly transparent, however, customer can, only, be refunded based on the following items:

  • When products are delivered back to our office not more than 29 days after being sent to customer.
  • Customer will not have the shipping cost refunded since it may have been paid to the courier service provider who delivers products to customers.
  • Provided the product(s) being returned is not tampered with (by tearing or staining).
  • Customer will, only, be refunded the 80% of the VAT + Product(s) cover price, e.g., if a product’s cover price is N1, 000 while its VAT if 5% (N50) – customer being refunded will, only, receive a sum of N840 being 80% of N1, 050.
  • The refund would be transferred into customer’s banking details made available to us.

7.0 Additional Terms

LAKE INSPIRE CONCEPT‘s failure to enforce any provision of these terms is not an allowance of such provisions. It is Our right to act with respect to subsequent or similar breaches and enforce such provisions.

This Agreement is governed by and interpreted under the laws of the Federal Republic of Nigeria as such laws are applied to agreements entered into and to be performed entirely within the Federal Republic of Nigeria.

The parties hereto agree that this agreement is drafted and executed in the English language. In the event that any indemnification applies in this Agreement then the indemnified party shall notify the indemnifying party of any such loss or claim and expense as soon as it first arises to give the indemnifying party opportunity to mitigate its own potential exposure which will include giving the indemnifying party sole right to conduct and/or settle (on terms approved by the indemnified party, such approval not to be unreasonably withheld or delayed) all negotiations and/or the claim, all costs incurred or recovered in such negotiations or claim being for the indemnifying party’s account and the indemnified party shall take all reasonable steps to prevent further loss or to mitigate loss or damage already occurred, but the indemnified party shall not, without the consent of the indemnifying party, take any steps to compromise or settle the claim.

Users and buyers on all our sites are advised to check each service or product information that further guide the use of our services and the purchase of products from us.

This Terms and Conditions becomes effective March 6, 2019. Our Terms and Conditions may change from time to time. If we make any material changes, we will place a prominent notice on our websites and/or social media accounts. If the change materially affects registered users, we will send a notice to you by email, push notification or text.

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