Contractual terms for commodity trading, project management, and intermediary services
Effective Date
November 2025
Version
1.0
Jurisdiction
United Kingdom
Company: Caspivelo Commodities Ltd
Company Number: 16827226
Legal Form: Private Company Limited by Shares
Registered Office:
71–75 Shelton Street
Covent Garden, London
WC2H 9JQ, UK
These Terms of Service ("Terms") govern all contractual relationships between Caspivelo Commodities Ltd ("Company", "we", "us", or "our") and any party engaging our services ("Client", "you", or "your").
Caspivelo Commodities Ltd provides the following categories of services:
By engaging our services, the Client represents, warrants, and agrees to the following:
£100,000 GBP Initial Retainer Required
Prior to the commencement of any services, an initial retainer of £100,000 GBP must be received and cleared in the Company's designated bank account. This retainer serves as a commitment fee and will be applied against future service fees as work is performed. The retainer is non-refundable once services have commenced.
Fees for services shall be specified in individual contracts and may include:
Accepted currencies and settlement mechanisms:
GBP
UK Faster Payments / CHAPS
EUR
SEPA / SWIFT
USD
SWIFT Transfer
AED
UAE Bank Transfer
All invoices are due immediately upon issuance. Payment must be received within 24 hours of invoice date.
Late payments may incur interest charges at a rate of 8% per annum above the Bank of England base rate, plus administrative fees. Failure to make immediate payment may result in suspension or termination of services.
Payments must originate from the Client's registered bank account. Third-party payments will be rejected and may result in immediate contract termination and reporting to authorities.
A binding contract is formed when:
Email correspondence, preliminary discussions, and Letters of Intent (LOI) are non-binding unless explicitly stated otherwise. Only fully executed written contracts signed by authorized representatives of both parties create enforceable obligations.
Delivery timelines are estimates based on standard market conditions. The Company will use commercially reasonable efforts to meet agreed deadlines but shall not be liable for delays caused by factors beyond its control.
Both parties agree to perform their obligations in good faith, maintain professional communication, and cooperate to resolve any issues that arise during contract execution.
Neither party shall be liable for failure to perform obligations due to force majeure events including but not limited to:
Natural Events
Political Events
Infrastructure
The affected party must notify the other party within 48 hours of the force majeure event and provide evidence of the circumstances.
Both parties agree to maintain strict confidentiality regarding:
Personal data is processed in accordance with UK GDPR and our Privacy Policy. Clients have the right to access, rectify, or request deletion of their personal data subject to legal retention requirements.
The Company warrants that:
EXCEPT AS EXPRESSLY STATED IN THE CONTRACT:
The Company's total liability for direct damages arising from any single contract shall not exceed the total fees paid by the Client under that contract, or £50,000, whichever is lower.
The Company shall NOT be liable for:
Nothing in these Terms excludes liability for death or personal injury caused by negligence, fraud, or matters that cannot be limited under UK law.
All materials, methodologies, reports, and deliverables created by the Company remain our intellectual property unless explicitly transferred in writing.
The Client retains all rights to their proprietary information, trade secrets, and materials provided to the Company.
The Company may use Client materials solely for the purpose of performing contracted services and will not disclose or exploit them for other purposes.
Either party may terminate the contract by mutual written agreement. Outstanding fees and obligations up to the termination date remain payable.
Unless prohibited by the specific contract, either party may terminate with 30 days' written notice. Client remains liable for services rendered up to termination.
The Company may immediately terminate or suspend services without notice if:
In the event of any dispute, controversy, or claim arising from or relating to these Terms or any contract:
For international contracts or amounts exceeding £100,000:
For domestic contracts under £100,000:
These Terms and all contracts are governed by and construed in accordance with the laws of England and Wales.
Both parties acknowledge and agree to comply with all applicable anti-bribery, anti-corruption, and sanctions laws including but not limited to:
The Client warrants that neither they nor their representatives have:
The Company reserves the right to update or modify these Terms of Service at any time. Changes will be effective upon:
Notification
Email notification to registered clients
Website Posting
Updated version published on our website
30-Day Notice
Changes become effective 30 days after notification
Existing Contracts: Terms in force at the time of contract signature continue to apply to that specific contract unless both parties agree in writing to adopt amended terms.
These Terms, together with any specific written contract, constitute the entire agreement between the parties and supersede all prior negotiations, representations, or agreements, whether written or oral.
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be replaced with a valid provision that most closely reflects the intent of the original.
The Client may not assign, transfer, or subcontract any rights or obligations under these Terms without the Company's prior written consent. The Company may assign its rights to an affiliate or successor entity.
No failure or delay by either party in exercising any right or remedy shall constitute a waiver of that right. A waiver of any breach does not constitute a waiver of any subsequent breach.
Nothing in these Terms creates an employment relationship, partnership, joint venture, or agency between the parties. Neither party has authority to bind the other or incur obligations on the other's behalf.
No third party shall have any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of these Terms or any contract, except as expressly provided in writing.
All formal notices must be in writing and delivered to:
Company Address:
Caspivelo Commodities Ltd
71–75 Shelton Street
Covent Garden, London
WC2H 9JQ, United Kingdom
Email: Via Contact Page
Notices are deemed received: (a) if by hand, upon delivery; (b) if by registered post, 3 business days after posting; (c) if by email, upon confirmation of receipt.
If you have any questions regarding these Terms of Service, wish to discuss a potential contract, or need clarification on any provision, please contact us.
Contact Our TeamCaspivelo Commodities Ltd
71–75 Shelton Street, Covent Garden, London, WC2H 9JQ, UK
Company Number: 16827226
Version
1.0
Effective Date
November 2025
Last Updated
November 2025