1. Introduction

    1. Welcome to the websites of ECOS, which include, but are not limited www.ecos.am  (the “Website”).

    2. We have created the Website for general guidance on matters of interest only. By accessing or using the Website, you agree that you have read, understand, and agree to be bound by these terms of use (the “Terms”), Disclaimer, Privacy Policy and Cookies Policy published on the Website (the “Documents”). The Terms and the Documents are in no way limited or altered by any other terms or conditions on the Website.

    3. If you disagree with any part of the Terms, please do not use the Website. If you do not understand the Terms’ provisions or you have any questions on the content thereof please contact info@ecos.am.

    4. We may revise the Terms at any time without prior notice by posting the revised version of the Terms on the Website (respective changes will not be applied retroactively). You hereby confirm that by continuing to use the Website you accept such changes.

    5. Neither the information posted on, nor any opinions contained within pages of, the Website constitutes a public offer under any applicable legislation or an offer or solicitation or recommendation to make the investment, to enter into the contract, buy or sell any securities or financial instruments, to affect any transactions, or to conclude any legal act of any kind whatsoever. If any of information and opinions contained in the Website may be declared as constituting a public offer under the laws of the jurisdiction from which you wish to access the Website, you must not access the Website.

    6. The Website is not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the Website is prohibited. Persons in respect of whom such prohibitions apply must not access the Website.

  2. Use of the Website

    1. By using the Website, you accept that:

      1. the Website is not for commercial use;
      2. the Website is provided only for information only;
      3. the Website is not provided for an advertisement or promotional material;
      4. the Website contains only demo version of the product/services elaborated by ECOS;
      5. all our rights are reserved;
      6. all trademarks and other branding are registered;
      7. no use of Website or of materials, data, information or services thereon shall be executed out of Website.
    2. You agree not to:

      1. use our website in any way or take any action that causes, or may cause, damage to the website or impairment of the performance, availability or accessibility of the website;
      2. use our website in any way that is unlawful, illegal, fraudulent or harmful, or in connection with any unlawful, illegal, fraudulent or harmful purpose or activity;
      3. use our website to copy, store, host, transmit, send, use, publish or distribute any material which consists of (or is linked to) any spyware, computer virus, Trojan horse, worm, keystroke logger, rootkit or other malicious computer software; or
      4. use data collected from our website for any direct marketing activity (including without limitation email marketing, SMS marketing, telemarketing and direct mailing).
    3. Your use of any information or materials on the Website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through the Website meet your specific requirements.

    4. Unauthorized or unlawful use of this Website may give rise to claim for damages and/or be criminal offense.

  3. ECOS’s rights

    1. The information on the Website, including these Terms and the Documents, are subject to change by ECOS without prior notice. ECOS reserves the right unilaterally and at its sole and absolute discretion (without prior notification) to:

      1. vary, modify, add or remove features, or add, exclude or amend any data, information, content on the Website. Once you access or use the Website when or after the Website was altered as given in this sub-clause (a), you shall be considered and having accepted and agreed to any such alterations and changes;

      2. suspend or withdraw the provision of all or any of the information on the Website without prior notice at any time;

      3. ban, limit or deny access to, or rule ineligible, cancel or suspend the right to utilize the Website or any of thereof;

      4. block or restrict access to, or terminate, withdraw or suspend use of the Website in whole or in part. ECOS shall not be liable for any loss which may be incurred; and

      5. disable any hyperlinks (links) for whatsoever reason.

    2. The rights of ECOS indicated in the sub-Clause 2.1 are provided in respect of the Website in whole and in part (including without limitation information regarding policies, products and services).

    3. Right of the ECOS to execute any action specified in the sub-Clause 2.1 shall not be limited in any form in any circumstances.

  4. Limited liability and warranties

    1. Please refer to the Disclaimer for the provisions of ECOS’s limited liability and warranties with regard to the data, information, content on the Website.

    2. ECOS shall not be liable for availability of the Website at all times, in all countries and/or all geographic locations, or at any given time.

    3. ECOS does not give any warranties regarding the accuracy, adequacy, correctness, completeness, reliability, timeliness, non-infringement, title, merchantability or fitness for any purpose of the data, information, content on the Website or any website or services linked to the Website, or that the data, information, content available on the Website, or associated therewith, is or will be uninterrupted or error-free or that such errors or defects will be fixed or that the Website will be free from viruses, virus attacks or other harmful elements, and expressly disclaims liability for the same and any errors or omissions.

    4. The data, information, content on the Website may not always be entirely accurate, comprehensive, complete or up-to-date and may also contain technical inaccuracies or typographical errors - no representation, warranty or undertaking is given by ECOS. In particular, the ECOS shall not be obliged to remove any outdated information from the Website or to expressly mark it as outdated. You should verify all information before relying on it, and all decisions based on information contained on the Website are your sole responsibility and we shall have no liability for such decisions.

  5. Hyperlinks

    1. The Website and its pages may contain hyperlinks (links) to the third-party websites and (or) services, which ECOS does not maintain and (or) control. All hyperlinks (links) to such websites and (or) services are provided for your convenience, but they shall not be considered as recommended by ECOS, including for the purposes of visit.

    2. You shall bear entirely all at the risks of both using of the hyperlinks (links) and accessing to such websites (services): ECOS and (or) its affiliates do not provide any representation, warranty or undertaking regarding their safety and conformity to any expectations. Links to such third-party material, product, data, information, services and (or) websites do not mean any approval and (or) any endorsement by ECOS and (or) its affiliates of such third-party material or the material, product, data, information, services and (or) websites published and (or) offered by third party.

    3. ECOS and (or) its affiliates shall disclaim any responsibility and shall not be held liable for any third-party information or data placed on websites or services, linked to on the Website and shall not be held liable for any loss arising from you enjoying access to or utilizing such websites and (or) services. You acknowledge sole responsibility for and assume all risk arising from use of any third-party material, product, data, information, services and (or) websites.

    4. ECOS and (or) its affiliates do not approve or support such websites through inclusion or placement of any such hyperlink.

    5. ECOS and (or) its affiliates shall not be considered associated or affiliated in any manner with any trade, service or brand marks, logos, insignia or other devices utilized or appearing on websites at links provided on the Website under whatever conditions.

    6. All materials contained within Website shall reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions, disclosures or hedge clauses apply to any partial document or material in the same manner as they do the whole and will be deemed incorporated in the portion of any material or document that you consult or download.

    7. Users of the Website should seek independent financial advice prior to making any investment decision and no information on the Website shall constitute general or specific investment, legal, tax or accounting advice of any kind.

    8. In no event will ECOS and (or) its affiliates be liable to any person for any loss arising out of any use of the information contained on the Website, or on any other hyper-linked website.

  6. Personal data protection

    1. See the Privacy Policy provisions relating to the collection and use of your personal information.

    2. ECOS may collect certain personal information about you such as your name, address, telephone number, email address details and other information that you submit to us on the Website, other information which may be treated as personal data and non-identification information.

    3. We use this information to ensure compliance with our regulatory obligations and for our own internal purposes.