Terms of Use

These terms and conditions of use (the "Terms of Use") apply to the web site located at https://www.rytefinance.com and shall include all other associated websites or webpages within the rytefinance domain (collectively, the "Site").

Please read the Terms of Use carefully. By using the Site and/or the Services, you agree to be bound by the Terms of Use. If you do not agree, do not use the Site.

We reserve the right to change, modify and/or update the Terms of Use (including any Schedules) at any time as we may determine in our sole and absolute discretion. Any such changes, modifications or updates shall be effective from the date posted here. It shall be your responsibility to periodically check and review the Terms of Use. Your continued use of the Site and/or Services shall constitute your agreement to, and acceptance of the Terms of Use published here.

  1. Definitions
    1. Unless otherwise defined herein, the definitions set out in the First Schedule to these Terms of Use shall apply.
    2. References to "Clauses" and "Schedule(s)" are to clauses of and schedules to the Terms of Use which, for the avoidance of doubt, form part of the Terms of Use.
    3. The headings used herein are for convenience only and shall not affect the interpretation of the Terms of Use.
    4. Unless the context otherwise requires, references to the singular number shall include references to the plural number and vice versa, references to natural persons shall include bodies corporate, and the use of any gender shall include all genders.
  2. Ownership
    1. The Site, Services, Intellectual Property, Content and all associated rights or interests belong to and are owned by us. Without derogating from the Terms of Use set out herein, in particular Clause 3 below, you agree that your use of the Site and/or Services shall not in any way detract from, be contrary to and/or interfere with our rights and interests of whatever description and howsoever arising.
    2. Provided you agree, observe and comply with the Terms of Use and, where applicable, the Other Terms, we grant you a personal, non-exclusive, non-transferrable, limited right to use, browse or access the Site.
    3. You agree that we may, at any time and in any manner as we may determine in our sole and absolute discretion and without notice or further obligation to you, amend, revise, modify, supplement, terminate and/or otherwise discontinue all or any part of the Site, Services and/or your access to the Account or Platform and/or the terms and conditions of these Terms of Use.
  3. Conditions of Use
    1. As a condition of your access to and/or use of the Site and/or Services, you irrevocably and unconditionally agree as follows:
      1. To fully indemnify and hold us harmless from any action, claim and/or proceeding commenced or brought by Third Parties against you under any Third Party Arrangements in respect of any Loss; and
      2. To settle, release, acquit and discharge us from any and all Claims of whatsoever nature and howsoever arising in connection with or in relation any Third Party Arrangements, including any Risks arising therefrom.
    2. You agree to use, access and/or browse this Site for lawful, authorised and proper purposes only. Further, and in connection with your use of the Site, Services, Account and/or Platform, you agree that you shall not:
      1. Act in any manner which breaches any applicable law or regulation, or which may causes (or may cause) an infringement of any third party rights, if you are prohibited from doing so under Singapore law or any such system of law as may be applicable to you;
      2. Post, transmit or disseminate any information on or via the Site and/or Services which may be harmful, obscene, defamatory, illegal or which in any way may expose us to liability (of whatsoever nature) and/or negatively affect our standing and reputation or interfere or attempt to interfere with the operation or functionality of the Site and/or Services;
      3. Obtain unauthorized access, via whatever means, to any of our information, systems, Intellectual Property, Contents or Services, impersonate any person or entity or to falsely state or otherwise misrepresent your affiliation with any person or entity, for any illegal purpose(s) to gain unauthorised access to or interfere or disrupt any other computer systems or networks as may be connected to the Site and/or Services for illegal or immoral purposes, access any password protected or secure areas of the Site and/or Services through any means not intentionally made available by us for your specific use. You are advised that doing so may be an offence under the Computer Misuse Act (Cap. 50A);
      4. Interfere with or otherwise compromise the use of the Site and/or Services by other Users, use or upload any software or material that contains, or which you have reason to suspect contains, viruses, damaging components, malicious code or harmful components which may damage, compromise, impair or otherwise negative impact the Site, Services, Content or Intellectual Property, impair or corrupt the Platform’s data or damage or interfere with the operation of another Customer’s computer or mobile device or the Platform or Services; and
      5. Use, employ, access, run or operate any software or automatic device, program, algorithm or methodology to access, acquire, copy or monitor the Site, Services, Content and Intellectual Property (or any part thereof) or reproduce or in any way circumvent the navigational structure or presentation of the Site, or Use the Site and/or Services other than in compliance with any rules, regulations, guidelines, standards or policies which apply or which you may be subject to by reason of your employment or as may be prescribed by your internet service provider.
    3. Except as expressly provided in these Terms of Use, no part of the Site, Services, Content or Intellectual Property may be copied, reproduced, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, stored or distributed in any way to any other computer, storage device, server, domain, web site or any other medium (howsoever described) for any purpose without our prior written consent and approval.
  4. Suspension or Termination
    1. If, in our sole and absolute discretion, we believe you are in breach, or will be in breach, of any of these Terms of Use and/or Other Terms as may be applicable, we may at any time without notice or providing any reasons modify, block, suspend or terminate your access to and/or use of the Site, Services and/or Account (including without limitation access or use on any device used by you or through web sites) or to refuse any services to you.
    2. Without limiting the above, if you (or we have reasonable grounds to believe you have or will) breach these Terms of Use and/or Other Terms or conduct yourself in a manner detrimental to the integrity, security and operation of the Sites and/or Services, we reserve the right to permanently terminate your Account (whether in part or in whole). You agree and acknowledge that any such termination may be effected without prior notice and agree that the Site and/or Services may immediately deactivate or delete any Account or other account(s) you may have with us and all related information and files in any such account(s) and/or bar any further access to such information and files.
    3. Where we exercise any of our rights under Clause 4.1 and/or Clause 4.2 above, you agree and acknowledge that to the maximum extent permitted by law, we shall not be liable for the discontinuation or termination of your use of or access to the Site and/or Services. Any such termination and/or suspension of your Account and/or other accounts with us shall be without prejudice to our accrued rights, which will survive on termination together with your ongoing indemnity obligations set out at Clause 3.1.1 and/or Clause 6.8 herein, and any intellectual property rights and confidential information and sharing of information which will be deemed to survive termination for any reason whatsoever.
  5. Limitation of Liability
    1. Subject to applicable law, under no circumstances will we be liable for any losses, injury or damage (whether direct, indirect, punitive, exemplary, special or consequential), in particular any Losses and/or Risks, that may arise out of or in connection with your use of, access to and/or reliance on the Site and/or Services.
    2. You agree that our liability, if any, for any and all damage, loss, injury, costs and/or expenses (including legal fees and disbursements) you may suffer and/or incur (howsoever described or arising), including any Claims you may have shall be limited to such amount as may be paid by you to Us in connection with your use of the Site or Services and, where no such amount is paid, there shall be no such liability.
    3. Without derogating from the generality of the foregoing, you agree and accept as follows:
      1. You agree to fully assume all Risks and liability for all Losses as may arise out of or in connection with your use of the Site, Services and/or Third Party Arrangements.
      2. All information and/or content published, stored and/or contained on the Site, the Account and/or the Platform is provided or accessed by you solely on an “as is” and “as available” basis. This means that you use of the Site and/or Account, as well as any information or content published or contained therein, on the basis of any and all faults as may arise or be applicable thereto. You further agree that we do not in any way guarantee or represent the accuracy, timeliness, reliability, authenticity of completeness of any information or content published, contained and/or stored on the Site.
      3. Any links to other websites and/or services on the Site are provided solely as a convenience to you. We do not accept any liability or responsibility (of any description and howsoever arising) in respect of any other websites or services (including the information or content published, stored and/or contained on such websites) as may be linked to the Site and you agree that your access to or use of such other websites or services shall be at your own risk;
      4. We may, without notice to you, alter, modify, change, supplement and/or remove the information, content, scope, features, limit of and/or access to the Site and/or Services at any time and in such manner as we may determine in our sole and absolute discretion and shall not be liable or responsible to you in relation to or in connection with any such alterations, modifications, changes, supplements and/or removals.
      5. We do not act for, represent and/or are agents of any Third Parties and shall not be liable or responsible for any Third Party Arrangements reached, negotiated and/or discussed between you and any other persons or entities including any representations or warranties as may be made by Third Parties whether on the Site or otherwise. You agree that any decision by you to enter any Third Party Arrangements (if any), is based on your own knowledge, information, research and/or expertise and is undertaken by you voluntarily and at your own risk.
      6. You agree to assume all Risks and shall be solely liable for any and all Loss (whether foreseeable or not) that may arise and/or occur in connection with or arising out of your use of or access to the Site and/or Services.
      7. Without prejudice to any obligations, undertakings, covenants and/or duties as may be applicable to you, whether under these Terms of Use, the Other Terms and/or otherwise, you fully assume all risks and/or liabilities arising out of any Third Party Arrangements.
      8. We shall not be responsible for the verification, accuracy and/or completeness of any communications, notices and/or correspondence (including any information pertaining to or involving any Third Party Arrangements) between any one or more Designated Parties and you on the Platform. You shall be fully and solely responsible for all such communications, notices and/or correspondence between the Designated Parties and you. Further, we are not obliged to do (or omit to do) anything if we have reason to believe that this may constitute a breach of law or any other duty or obligation we may be subject to.
      9. All conditions, representations and warranties, whether express, implied, statutory or otherwise, including, without limitation, any implied warranties of merchantability, fitness for a particular purpose, and non-infringement, are hereby excluded and disclaimed to the fullest extent permitted under law. Further, we shall not be liable or responsible for any action taken (or omitted to be taken) in connection with any Third Party Arrangement save as done (or omitted to be done) by reason of fraud or wilful misconduct by any of our employees and/or agents in which case we alone shall be entitled (but not obliged) to commence legal or other proceedings as we deem fit.
      10. No advice or information, whether oral or written, obtained by you from us shall create any representation, warranty or guarantee, and any decisions made by you are made solely in the exercise of your sole discretion and based on your own knowledge and experience.
    4. You agree that we shall not be liable for any Losses or Risks that may arise by reason of any technical and/or other difficulties that may arise from time to time and which may interrupt your access to the Site and/or Services. We do not represent or warrant that your access to or use of the Site and/or Services will be secure, timely, uninterrupted, error free, compatible in combination with any other hardware, software, system or data and/or meet your requirements or expectations.
    5. You further agree that your access to or use of the Site or Services, may be subject to limitations, delays and/or other problems inherent in the use of the Internet and electronic communications (including problems inherent to the computer or electronic device you use). We shall not be responsible for any delays, delivery failures, damages, or losses resulting from such problems.
  6. General
    1. Capacity: You shall not use or access the Site and/or Services if you are not of legal age and/or do not have the requisite legal capacity to agree to these Terms of Use and/or such other terms and conditions as may be applicable.
    2. Contents: All information and content on and/or of the Site and/or Services has been prepared solely on a good faith basis and without any acceptance of liability or responsibility. As such, we do not warrant or represent the completeness or accuracy of, and do not assume responsibility for any reliance you may place on, such the information or content. You agree that any business, investment or other decision(s) made by you are based solely on facts and information in your own knowledge, research or determination and independently verified by you.
    3. Entire Agreement: Save for any Other Terms as may apply to your use or access to one or more Services, the Privacy Policy and/or such other terms and conditions as may be agreed, these Terms of Use constitute the entire agreement between the Parties in connection with your use of the Site and Services. Any variation or amendment by you to the Terms of Use shall only be effective if agreed by us in writing.
    4. Validity: If any provision in these Terms of Use is held to be invalid, illegal, or unenforceable for any reason, you agree that any remaining portion of that provision, and all other provisions of this these Terms of Use, shall be enforced as nearly as possible in accordance with its terms, but shall otherwise be deemed severed and shall not affect the enforceability of any other Clauses, which Clauses shall continue to be valid and enforceable to the fullest extent permitted by law.
    5. Delegation: You agree that we may delegate or sub-contract the performance of any of our functions in connection with the Services and reserve the right to use any service providers, independent contractors, subcontractors and/or agents on such terms as we may in our sole and absolute discretion determine.
    6. Assignment: You may not assign your rights under these Terms of Use without our prior written consent. We may assign any one or more of our rights under these Terms of Use to any parties or persons as we may in our sole and absolute discretion determine.
    7. Remedies Cumulative: Any failure or delay by us to enforce, exercise or rely on any provision, right or remedy under the Terms of Use shall not operate as a waiver thereof, and any single or partial exercise of any right or remedy by us shall not preclude any other or further exercise thereof or the exercise of any other right or remedy. Our rights and remedies provided in the Terms of Use are cumulative and are not exclusive of any rights or remedies provided at law.
    8. Indemnity: Without limiting any indemnity given elsewhere in these Terms of Use and without prejudice to any other rights Guud may have under the Terms of Use or at law, you agree to fully indemnify and hold harmless Guud, any member of the Group and/or any of foregoing parties’ affiliates, members, officers, employees and agents (collectively, the “Indemnified Parties”) from and against any claim, demand, loss, damage, cost, or liability (including legal costs and expenses on an indemnity basis) which any of the Indemnified Parties may suffer or suffers in connection with or arising from your breach of the Terms of Use (including, without limitation any warranty or representation made by you under or in connection with the Terms of Use) and/or your access or use of the Site and/or Services.
    9. No Liability: In addition to and not in derogation of Clause 5 (and its sub-clauses) above, under no circumstances shall we or any member of the Group be held liable for any delay, failure and/or disruption of the Services or the Site resulting directly or indirectly from acts of nature, forces or causes beyond our reasonable control, including without limitation, Internet failures, computer, telecommunications or any other equipment failures, electrical power failures, strikes, labour disputes, riots, insurrections, civil disturbances, shortages of labour or materials, fires, flood, storms, explosions, acts of God, war, governmental actions, orders of domestic or foreign courts or tribunals or non-performance of third parties.
    10. Third Parties: Save for the Indemnified Parties who are entitled to enforce Clause 6.8 above, a person who is not a party to these Terms of Use shall have no right under the Contracts (Rights of Third Parties) Act (Cap. 53B) to enforce any of the Terms of Use.
    11. Governing Law: The Terms of Use, Site and Services shall be governed by and construed in accordance with Singapore law.
    12. Dispute Resolution: Any dispute arising out of or in connection with these Terms of Use, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration in Singapore in accordance with the Arbitration Rules of the Singapore International Arbitration Centre for the time being in force, which rules are deemed to be incorporated by reference in this clause. The Tribunal shall consist of a single arbitrator and the language of the arbitration shall be English.

    13. Effective date : 8 Jul 21
      Last updated : 8 Jul 21

Unless the context otherwise requires, the following words and expressions in the Terms of Use shall have the following meanings:

  1. “Accounts” shall mean any one or more the accounts you establish with us on the Site, through which you access and/or operate the Services or Platform and/or such other services as we may offer and for which you may have subscribed and shall include any of your Admin Accounts or User Accounts.
  2. “Claim” or “Claims” mean any and all actual or potential actions, claims, demands, differences, disputes, proceedings arising at any time whether at law or in equity, known or unknown, foreseen or unforeseen, now developed or discovered or which may develop or be discovered, whether alleged or not alleged, contested or uncontested, disclosed or undisclosed, discoverable or not discoverable or, within or outside the reasonable contemplation of the Parties.
  3. “Content” means all text, graphics, design, structure, user interfaces, visual interfaces, layouts, trademarks, functions, routines, software, computer codes, schema, process flows, application program interfaces, tools, devices, information, text, images, graphics, video clips, directories, file, databases, documents or information contained on the Site, and shall include any copyright works, designs or other subject matter, whether registered or not, capable of intellectual property rights protection anywhere in the world including but not limited to Site “look and feel” and arrangement of the Site, whether owned or registered to us or our affiliates.
  4. “Designated Party” and “Designated Parties” mean one or more of the banks, financial institutions, lenders and/or service providers with which you may potentially enter into Third Party Arrangements in connection with your use of the Services or Platform.
  5. “Guud”, “we”, “us” or “our” mean Guud Asset Pte Ltd and the “Group” shall mean Guud Asset Pte Ltd, its respective subsidiaries, affiliates and associated companies (which shall include its related and jointly controlled entities), which for the avoidance of doubt shall include but n ot be limited to CamelOne Pte Ltd, Guud (Finance) Pte Ltd, Guud (Singapore) Pte Ltd, Guud (Africa) Pte Ltd, Guud (International) Pte Ltd, Guud (Source) Pte Ltd, Guud Asset Argon Pte Ltd, Guud Asset Boron Pte Ltd and Guud Pte Ltd.
  6. “Intellectual Property” means all our intellectual property and other proprietary rights, including but not limited to design rights, copyrights and related rights, work database rights, neighbouring rights, patent and trademark rights, registered design rights, domain names, layout design rights, rights protecting (a) trade secrets; (b) trade or business connections; and/or (c) confidential information, any rights in know-how, Inventions and all other similar corresponding proprietary rights and all applications arising out of or in connection with any of the foregoing, anywhere in the world, whether presently existing or created in the future, registered or not, and all benefits, privileges, rights to sue, recover damages and obtain relief or other remedies for any past, current or future infringement, misappropriation or violation of any of the foregoing rights.
  7. “Inventions” (which term includes, without limitation, improvements, inventions (whether or not patentable), discoveries, works of authorship, trade secrets, technology, algorithms, computer software, protocols, formulas, compositions, ideas, designs, processes, techniques and data) which are created, originated, conceived, written or made by us either whether solely or in conjunction with any other person.
  8. “Loss” or “Losses” means charges, damages (whether liquidated or not), expenses (including legal and advisers fees and expenses, outgoings, expenses of enforcement of remedies, in each case on a full indemnity basis), fines, losses, penalties, including (without limitation) and whether or not any or all of the foregoing: (a) is direct or indirect in nature; (b) is consequential or otherwise (c) is or was foreseeable or within the reasonable contemplation of the relevant parties at the material time(s); and/or (d) arises under, out of or in connection with any applicable statute, regulation, rule and/or system of or general law.
  9. “Other Terms” mean the Services Agreement and/or such other terms, conditions, rules, regulations, guidelines or policies as may be applicable to your access to or use of the Site or any other services offered by us and accepted by you;
  10. “Privacy Policy” means the terms, conditions and contents of the privacy policy as published on https://www.rytefinance.com/privacypolicy as may be changed, modified, supplemented, revised or updated from time to time.
  11. “Platform” shall mean the restricted areas or parts of the Site accessed by you through the Account (whether on the web, via any mobile or other computing device or through any mobile applications made available by us).
  12. “Services” shall mean your use of or access to the Site or the Platform as requested by you.
  13. “Services Agreement” shall mean the terms and conditions published at https://www.rytefinance.com/servicesagreement and which apply to your access to and/or use or operation of the Account and/or Platform.
  14. “Risk” or “Risks” mean risks associated with or arising out of: (a) cybersecurity risks (such as identity theft) or risks of inadvertent disclosure or interception of information, exchanged, transmitted and/or otherwise communicated through the Site and/or Services; (b) misrepresentation, negligence, or fraud arising out of or in connection with any Third Party Arrangements, including risks of persons or entities acting under false or assumed identities; (c) infringement of any rights of Third Parties; (d) any breach or infringement of any applicable law, regulation, directive, judgment or order; and (e) (generally) incurring or suffering Loss or other injury or harm.
  15. “Third Party” or “Third Parties” means any legal or natural person(s) other than the User or Guud (including any such directors, officers, agents, employees and/or representatives of such person(s).
  16. “Third Party Arrangements” mean, in connection with your use of the Account, Services and/or Platform, any one or more agreements, contracts, transactions, arrangements and/or legal relationships (including any discussions, negotiations and/or communications concerning any of the foregoing) of whatsoever nature and howsoever described as may be agreed, entered into and/or formed at any time (a) between the User; and (b) any one or more Third Parties, including but not limited to the Designated Parties.
  17. “User”, “you” or “your” means any corporate or natural person that uses, accesses and/or utilises the Site and/or Services and shall include any of your directors, officers, agents, employees or representatives (howsoever described).