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BETDAQ Affiliates Terms Update
TERMS SPIDERED ON NOVEMBER 18TH, 2011 08:05 AM
SUMMARY: This alert happened in November and was a result of request for certification. These changes add 'No Negative Carryover' to the terms and removes the 'active player' clause.
Negative Carryover Update
4.9 There will be no negative carry over applied to affiliates as a result of customer losses.
Terms and Conditions Update
13. TERM AND TERMINATION 13.1 This Agreement shall commence on the Commencement Date and, subject to clause 13.2, shall continue until either party serves 20 Business Days written notice of an intention to terminate. 13.2 BETDAQ may terminate this Agreement immediately in the event that the Affiliate (a) breaches any of the terms of this Agreement which, in the case of a breach capable of remedy, has not been remedied within seven days of receipt of a notice from BETDAQ specifying the breach and requiring its remedy; (b) is unable to pay its debts as they fall due or make any voluntary arrangement with its creditors, become subject to an administration order, have an administrative receiver or receivers appointed in respect of the whole or any part of its assets, go into liquidation (voluntary or otherwise save for any voluntary liquidation entered into solely for the purposes of a bona fide reconstruction or amalgamation) or be made the subject of a bankruptcy order or ceases or threatens to cease carrying on its business; (c) in BETDAQ's opinion, is in breach of the terms of any applicable advertising code of practice (Advertising Standards Authority - http:// www. cap. org. uk/The-Codes/CAP-Code.aspx?q=CAP Code new_Specific Category Sections#c4) or; (d) does not introduce any new active customers to BETDAQ for a period of six (6) months.
SUMMARY: Excellent Changes by BETDAQ. They will now be certified by AGD. Thanks a ton Ruairi and team!
BETDAQ Affiliates Terms Update
TERMS SPIDERED ON NOVEMBER 18TH, 2011 08:05 AM
SUMMARY: This alert happened in November and was a result of request for certification. These changes add 'No Negative Carryover' to the terms and removes the 'active player' clause.
4.9 There will be no negative carry over applied to affiliates as a result of customer losses.
13. TERM AND TERMINATION 13.1 This Agreement shall commence on the Commencement Date and, subject to clause 13.2, shall continue until either party serves 20 Business Days written notice of an intention to terminate. 13.2 BETDAQ may terminate this Agreement immediately in the event that the Affiliate (a) breaches any of the terms of this Agreement which, in the case of a breach capable of remedy, has not been remedied within seven days of receipt of a notice from BETDAQ specifying the breach and requiring its remedy; (b) is unable to pay its debts as they fall due or make any voluntary arrangement with its creditors, become subject to an administration order, have an administrative receiver or receivers appointed in respect of the whole or any part of its assets, go into liquidation (voluntary or otherwise save for any voluntary liquidation entered into solely for the purposes of a bona fide reconstruction or amalgamation) or be made the subject of a bankruptcy order or ceases or threatens to cease carrying on its business; (c) in BETDAQ's opinion, is in breach of the terms of any applicable advertising code of practice (Advertising Standards Authority - http:// www. cap. org. uk/The-Codes/CAP-Code.aspx?q=CAP Code new_Specific Category Sections#c4) or; (d) does not introduce any new active customers to BETDAQ for a period of six (6) months.
SUMMARY: Excellent Changes by BETDAQ. They will now be certified by AGD. Thanks a ton Ruairi and team!
BETDAQ Affiliates Terms Update