Terms & Conditions
Welcome to Chrono Hunter. These terms and conditions outline the rules and regulations for the use of our platform and services. By accessing this website, we assume you accept these terms and conditions. Do not continue to use Chrono Hunter if you do not agree to all of the terms and conditions stated on this page.
1. Our terms for private individuals (selling)
2. Our terms for retailers (selling)
3. Our terms for purchasers
1. Our terms for private individuals (selling)
These terms
(a) What these terms cover. These are the terms and conditions on which we will introduce you to prospective purchasers of watches.
(b) Why you should read them. Please read these terms carefully before you submit your offer to sell a watch to anyone whom we introduce to you. These terms tell you who we are, how we will provide introductions to you, how you and we may change or end the contract, what to do if there is a problem and other important information.
(c) This is our entire agreement with you. These terms constitute the entire agreement between us in relation to your sale. You acknowledge that you have not relied on any statement, promise, representation, assurance or warranty made or given by or on behalf of us which is not set out in these terms and that you shall have no claim for innocent or negligent misrepresentation based on any statement in this agreement.
Information about us
(d) Who we are. We are Chrono Group Limited, a company registered in England and Wales. Our registered office address is Bayley Hall, Queens Road, Hertford, England, SG14 1EN. Our registered VAT number is 288659235.
(e) How we may contact you. If we have to contact you we will do so by telephone or by writing to you at the email address or postal address you provided to us when you registered with us, or when submitting an enquiry to us.
(f) "Writing" includes emails. When we use the words "writing" or "written" in these terms, this includes emails.
1. Introductions
1.1 Appointment. You have agreed to appoint us to identify prospective purchasers for you and to make Introductions of such persons on the terms of this agreement (the Appointment).
1.2 Our Duties.
(a) Good faith. We shall serve you faithfully and diligently and not to allow our interests to conflict with our
duties under these terms of appointment; and
(b) Introductions. The Introducer shall use its best endeavours to make Introductions of prospective
purchasers of watches that you have available for sale from time to time;
1.3 Limited scope of authority. No authority to bind. We shall have no authority, and shall not hold ourselves out, or permit any person to hold itself out, or otherwise create the impression that it is authorised to bind you in any way and shall not do any act which might reasonably create the impression that we are so authorised.
1.4 Consequential Introductions. Where a prospective purchaser is Introduced by us and the prospective purchaser then introduces you to a third party to whom you sell a watch(es), we shall also be deemed to have introduced the third party to you.
2. Exclusivity & Listing Fee
2.1 If you place a watch(es) with us to sell to a prospective purchaser, you shall give us a minimum of one month’s exclusivity to sell the watch(es).
2.2 When the watch(es) is/are listed on our website (www.chronohunter.com), a listing fee will be payable to us. This listing fee will be deducted from any Commission due in accordance with clause 4. For the avoidance of doubt, if the watch does not sell then the listing fee will be retained by us.
3. Completing a sale to a prospective purchaser
3.1 You may only make listings to sell a watch on the Chrono Hunter platform if such watch(es):
(a) is/are available for an immediate conclusion of the sale to the prospective purchaser;
(b) is/are genuine and you have proof of its authenticity;
(c) is/are in the same condition as described to the prospective purchaser in the offer.
(d) You accept that every element in the description of the sale of this specific watch including its make, model and condition, is a material and essential part of its identity and that the absence of any such element renders the watch fundamentally different from the watch that you have agreed to sell and this will be considered a breach of this contract. Any funds paid by Chrono Hunter or the third party retailer introduced by Chrono Hunter to you must be refunded within 24 hours of breach of contract notification, should a breach be discovered retrospectively after a sale and settlement has been concluded. Please note we reserve the right to hold any funds owed to you under separate Agreements until these outstanding disputes have been settled.
(e) You understand that according to English trademark law, the manufacturing, sale, and, in some cases, possession of a counterfeit watch can be both a civil and criminal offence. Pursuant to Section 97 of the Trade Marks Act 1994, it is also possible for such counterfeit goods to be forfeited to and or seized under certain circumstances. You will also appreciate that counterfeiting is nowadays often connected to serious criminal activity and we reserve the right to inform and involve the local authorities.
(f) has no outstanding finance, record of theft or fraudulent claim against it. Should it be discovered that you have breached the terms of this clause after a sale and settlement (to you) has been completed you must refund all funds paid back to Chrono Hunter or the third-party retailer introduced by Chrono Hunter within 24 hours.
(g) All goods sold via Chrono Hunter have had all of the relevant duties and taxes paid, unless otherwise stated, and you accept that Chrono Hunter or the third-party retailer introduced by Chrono Hunter reserves the right to undertake the necessary customs/importation formalities and deducts the costs of doing so from the final sales price.
(h) Should terms numbered (a), (b), (c), (d), (e), (f) &/or (g) above result in a claim for Chrono Hunter or the third party retailer introduced by Chrono Hunter to recover funds, you will be responsible for all costs relating to recovery of these losses.
(i) We have your permission to share, when necessary, your provided details and/or files directly with the Retailer purchasing your watch.
(j) Upon sale you agree to relinquish all ownership rights to the item.
3.2 If a prospective purchaser makes an offer to purchase a watch(es) from you for a price above or equal to the price at which we have advertised the watch(es) for sale, then the Commission referred to in clause 4 will be payable to us whether or not you proceed to complete the sale.
3.3 If you sell the watch(es) during the period of exclusivity referred to in clause 2 above, whether through our website platform or otherwise, the Commission referred to in clause 4 will be payable to us and payment will be automatically taken from the debit or credit card on which the listing fee was paid.
4. Commission and payment
4.1 Commission entitlement. We shall be entitled to Commission if a prospective purchaser who is introduced by us enters into a contract to purchase a watch(es) from you, whether or not this is effected by the prospective purchaser formally accepting an offer via our website (www.chronohunter.com) or directly with you, and including any different or additional watches that the prospective purchaser may purchase from you to those which formed their initial enquiry through our website (a Relevant Purchase).
4.2 In the event of your withdrawal after accepting an offer, a 5% fee plus VAT of the accepted offer or £200 inc VAT whichever is greater applies, requiring prompt payment, acknowledged as a genuine pre-estimate of incurred losses by Chrono Hunter, with the right to suspend services or pursue legal action for non-payment.
4.3 Commission rate. The amount of commission payable shall be at the rate of 5% plus VAT of the gross amount received by you under each Relevant Purchase from the date of the appointment (Commission) or £200 inc VAT whichever is greater. We reserve the right to change the level of commission chargeable at any time, and will advise you in writing of any such changes and the date upon which they will take effect.
4.4 Duty on you to disclose commission data. You shall promptly notify us in writing of the following:
(a) the date it enters into a Relevant Purchase; and
(b) the amount of the Commission due to us in relation to the Relevant Purchase no later than 3 Business Days after you enter into such Relevant Purchase.
4.5 Invoicing of Commission. We shall invoice you for the Commission payable, together with any applicable VAT, and setting out the due date for payment, within 3 Business Days of receiving confirmation of the Relevant Purchase pursuant to clause 4.3 above.
4.6 Due date for commission. All Commission payable to us shall be automatically taken by the Company from the credit or debit card that we hold on file for you. If we do not hold card details for you, or if the card payment is declined, then the Commission will be due (whether invoiced or not) within 30 days of the date on which you received the corresponding payment from the prospective purchaser.
4.7 Currency of Commission. Commission shall be payable in pounds sterling.
4.8 Interest on late payments. If you fail to make any payment due to us by the due date for payment, then you shall pay interest on the overdue amount at the rate of 4% per annum above the Bank of England base rate from time to time. Such interest shall accrue on a daily basis from the due date until actual payment of the overdue amount, whether before or after judgement. You shall pay the interest together with the overdue amount.
4.9 Disputes about Commission. If any dispute arises as to the amount of Commission payable by you to us, the same shall be referred to an independent accountant for settlement and their decision, save in the case of manifest error, shall be final and binding on both parties.
4.10 Continuing obligation to pay Commission. Termination of this agreement, howsoever arising, shall not affect the continuation in force of this agreement and your obligation to pay Commission to us in accordance with it.
5. Confidentiality
5.1 Obligations of confidentiality. Each party undertakes that it shall not at any time disclose to any person any confidential information concerning the business, affairs, customers, clients or suppliers of the other party except as permitted by 5.2.
5.2 Confidentiality exceptions. Each party may disclose the other party's confidential information:
(a) to its employees, officers, representatives or advisers who need to know such information for the purposes of carrying out the party's obligations under this agreement. Each party shall procure that its employees, officers, representatives or advisers to whom it discloses the other party's confidential information comply with this 3; and
(b) as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority.
5.3 Limited use of confidential information. No party shall use any other party's confidential information for any purpose other than to perform its obligations under this agreement.
6. Compliance
Compliance. Each party shall at its own expense comply with all laws and regulations relating to its activities under this agreement, as they may change from time to time, and with any conditions binding on it in any applicable licences, registrations, permits and approvals.
7. Data protection
7.1 Definitions.
(a) Agreed Purposes: Providing personal contact information for prospective purchasers to you.
(b) Controller, processor, data subject, personal data, personal data breach, processing and appropriate technical and organisational measures: as set out in the Data Protection Legislation.
(c) Data Discloser: a party that discloses Shared Personal Data to the other party.
(d) Data Protection Legislation: all applicable data protection and privacy legislation in force from time to time in the UK.
(e) Permitted Recipients: the parties to this agreement, the employees of each party, any third parties engaged to perform obligations in connection with this agreement.
(f) Shared Personal Data: the personal data to be shared between the parties under this agreement.
7.2 Shared Personal Data. This clause sets out the framework for the sharing of personal data between the parties as controllers. Each party acknowledges that one party (referred to in this clause as the Data Discloser) will regularly disclose to the other party Shared Personal Data collected by the Data Discloser for the Agreed Purposes.
7.3 Effect of non-compliance with Data Protection Legislation. Each party shall comply with all the obligations imposed on a controller under the Data Protection Legislation, and any material breach of the Data Protection Legislation by one party shall, if not remedied within 30 days of written notice from the other party, give grounds to the other party to terminate this agreement with immediate effect.
7.4 Particular obligations relating to data sharing. Each party shall:
(a) ensure that it has all necessary notices and consents and lawful bases in place to enable lawful transfer of the Shared Personal Data to the Permitted Recipients for the Agreed Purposes;
(b) give full information to any data subject whose personal data may be processed under this agreement of the nature of such processing. This includes giving notice that, on the termination of this agreement, personal data relating to them may be retained by or, as the case may be, transferred to one or more of the Permitted Recipients, their successors and assignees;
(c) process the Shared Personal Data only for the Agreed Purposes;
(d) not disclose or allow access to the Shared Personal Data to anyone other than the Permitted Recipients;
(e) ensure that all Permitted Recipients are subject to written contractual obligations concerning the Shared Personal Data (including obligations of confidentiality) which are no less onerous than those imposed by this agreement;
(f) ensure that it has in place appropriate technical and organisational measures, reviewed and approved by the other party, to protect against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data.
(g) not transfer any personal data received from the Data Discloser outside the UK unless the transferor ensures that (i) the transfer is to a country approved under the applicable Data Protection Legislation as providing adequate protection; or (ii) there are appropriate safeguards or binding corporate rules in place pursuant to the applicable Data Protection Legislation; or (iii) the transferor otherwise complies with its obligations under the applicable Data Protection Legislation by providing an adequate level of protection to any personal data that is transferred; or (iv) one of the derogations for specific situations in the applicable Data Protection Legislation applies to the transfer.
7.5 Mutual assistance. Each party shall assist the other in complying with all applicable requirements of the Data Protection Legislation. In particular, each party shall:
(a) consult with the other party about any notices given to data subjects in relation to the Shared Personal Data;
(b) promptly inform the other party about the receipt of any data subject rights request;
(c) provide the other party with reasonable assistance in complying with any data subject rights request;
(d) not disclose, release, amend, delete or block any Shared Personal Data in response to a data subject rights request without first consulting the other party wherever possible;
(e) assist the other party, at the cost of the other party, in responding to any request from a data subject and in ensuring compliance with its obligations under the Data Protection Legislation with respect to security, personal data breach notifications, data protection impact assessments and consultations with the Information Commissioner or other regulators;
(f) notify the other party without undue delay on becoming aware of any breach of the Data Protection Legislation;
(g) at the written direction of the Data Discloser, delete or return Shared Personal Data and copies thereof to the Data Discloser on termination of this agreement unless required by law to store the Shared Personal Data;
(h) use compatible technology for the processing of Shared Personal Data to ensure that there is no lack of accuracy resulting from personal data transfers;
(i) provide the other party with contact details of at least one employee as point of contact and responsible manager for all issues arising out of the Data Protection Legislation, including the joint training of relevant staff, the procedures to be followed in the event of a data security breach, and the regular review of the parties' compliance with the Data Protection Legislation.
7.6 Indemnity. Each party shall indemnify the other against all liabilities, costs, expenses, damages and losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses) suffered or incurred by the indemnified party arising out of or in connection with the breach of the Data Protection Legislation by the indemnifying party, its employees or agents, provided that the indemnified party gives to the indemnifier prompt notice of such claim, full information about the circumstances giving rise to it, reasonable assistance in dealing with the claim and sole authority to manage, defend and/or settle it.
8. Limitation of liability
8.1 Unlimited liability. Nothing in this agreement shall limit or exclude the liability of either party for:
(a) Death or personal injury. Death or personal injury caused by its negligence, or the negligence of its employees, agents or subcontractors (as applicable).
(b) Fraud. Fraud or fraudulent misrepresentation or wilful default.
(c) Unlawful liability restrictions. Any matter in respect of which it would be unlawful to exclude or restrict liability.
8.2 Limitations of liability. Subject to 8.1 above:
(a) Loss of profit, revenue, goodwill, or anticipated savings. We shall not under any circumstances whatever be liable to you, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for:
(i) any loss of profit, sales, revenue, or business;
(ii) loss of anticipated savings;
(iii) loss of or damage to goodwill;
(iv) loss of agreements or contracts;
(v) loss of use or corruption of software, data or information;
(vi) any loss arising out of the lawful termination of this agreement or any decision not to renew its term, or
(vii) any loss that is an indirect or secondary consequence of any act or omission of ours.
(b) Total cap. Our total liability to you in respect of all other loss or damage arising under or in connection with this agreement, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, shall in no circumstances exceed the amount if Commission that has become due to us, for the entire term of this agreement.
8.3 No liability for claims not notified within six months. Unless you notify us that you intend to make a claim in respect of an event within the notice period, we shall have no liability for that event. The notice period for an event shall start on the day on which you became, or ought reasonably to have become, aware of the event having and shall expire six months from that date. The notice must be in writing and must identify the event and the grounds for the claim in reasonable detail.
9. Commencement and duration
This agreement shall commence on the date of your enquiry going live (visible to receive offers) and shall continue unless terminated earlier in accordance with 8, until either party gives to the other party one month's written notice to terminate.
10. Termination
10.1 Termination on notice. Without affecting any other right or remedy available to us, we may terminate this agreement with immediate effect by giving written notice to you if:
(a) you fail to pay any amount due under this agreement on the due date for payment and remains in default not less than 7 days after being notified to make such payment;
(b) you commit a material breach of any other term of this agreement which breach is irremediable or (if such breach is remediable) fails to remedy that breach within a period of 7 days after being notified to do so;
(c) you repeatedly breach any of the terms of this agreement in such a manner as to reasonably justify the opinion that its conduct is inconsistent with it having the intention or ability to give effect to the terms of this agreement;
(d) you suspend, or threaten to suspend, payment of your debts or are unable to pay your debts as they fall due or admit inability to pay your debts or are deemed unable to pay your debts within the meaning of section 123 of the Insolvency Act 1986;
(e) you commence negotiations with all or any class of your creditors with a view to rescheduling any of your debts, or make a proposal for or enter into any compromise or arrangement with your creditors;
(f) you apply to court for, or obtain, a moratorium under Part A1 of the Insolvency Act 1986;
(g) a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with your winding up;
(h) an application is made to court, or an order is made, for the appointment of an administrator, or if a notice of intention to appoint an administrator is given or if an administrator is appointed;
(i) any event occurs, or proceeding is taken, with respect to you in any jurisdiction to which it is subject that has an effect equivalent or similar to any of the events mentioned in clause 8.1(d) to clause 8.1(f) (inclusive); or
(j) you suspend or cease, or threaten to suspend or cease, carrying on all or a substantial part of your business.
11. Consequences of termination
11.1 Clauses to remain in force on termination. On termination of this agreement, the following clauses shall continue in force: 2, 3 and 9 to 19 (inclusive).
11.2 Accrued rights. Termination of this agreement shall not affect any rights, remedies, obligations or liabilities of the parties that have accrued up to the date of termination, including the right to claim damages in respect of any breach of the agreement which existed at or before the date of termination.
12. No partnership or agency
No partnership or agency between the parties. Nothing in this agreement is intended to, or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party the agent of another party, or authorise any party to make or enter into any commitments for or on behalf of any other party.
13. Entire agreement
13.1 Entire agreement. These terms constitute the entire agreement between the parties and supersede and extinguish all previous agreements, promises, assurances, warranties, representations and understandings between us, whether written or oral, relating to its subject matter.
13.2 No reliance on matters outside agreement. We each acknowledge that in entering into this agreement we do not rely on, and shall have no remedies in respect of, any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this agreement.
13.3 Fraud. Nothing in this clause shall limit or exclude any liability for fraud.
14. Variation
No variation of this agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).
15. Assignment and other dealings
This agreement is personal to the parties and neither party shall assign, transfer, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any of its rights and obligations under this agreement.
16. No automatic waiver
16.1 No failure or delay by a party to exercise any right or remedy provided under this agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy.
16.2 No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.
17. Severance
17.1 Deemed modification or deletion. If any provision or part-provision of this agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this agreement.
17.2 Obligation to negotiate compliance amendments. If any provision or part-provision of this agreement is invalid, illegal or unenforceable, the parties shall negotiate in good faith to amend such provision so that, as amended, it is legal, valid and enforceable, and, to the greatest extent possible, achieves the intended commercial result of the original provision.
18.Notices
18.1 Form of notices. Any notice or other communication given to a party under or in connection with this agreement shall be in writing, addressed to that party at its registered office or such other address as that party may have specified to the other party in writing in accordance with this clause, and shall be delivered personally, or sent by pre-paid first class post or other next working day delivery service, or by commercial courier, fax or email.
18.2 Deemed receipt of notices. A notice or other communication shall be deemed to have been received:
(a) if delivered personally, when left at the address referred to in 18.1;
(b) if sent by pre-paid first class post or other next working day delivery service, at 9.00 am on the second Business Day after posting;
(c) if delivered by commercial courier, on the date and at the time that the courier's delivery receipt is signed;
(d) or, if sent by fax or email, one Business Day after transmission.
19. Third party rights
No one other than a party to this agreement, their successors and permitted assignees, shall have any right to enforce any of its terms.
20. Governing law
This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.
21. Jurisdiction
Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement or its subject matter or formation (including non-contractual disputes or claims).
2. Our terms for retailers (selling)
These terms
(a) What these terms cover. These are the terms and conditions on which we will introduce you to prospective purchasers of watches.
(b) Why you should read them. Please read these terms carefully before you submit your offer to sell a watch to anyone whom we introduce to you. These terms tell you who we are, how we will provide introductions to you, how you and we may change or end the contract, what to do if there is a problem and other important information.
(c) This is our entire agreement with you. These terms constitute the entire agreement between us in relation to your purchase. You acknowledge that you have not relied on any statement, promise, representation, assurance or warranty made or given by or on behalf of us which is not set out in these terms and that you shall have no claim for innocent or negligent misrepresentation based on any statement in this agreement.
Information about us
(d) Who we are. We are Chrono Group Limited, a company registered in England and Wales. Our registered office address is Bayley Hall, Queens Road, Hertford, England, SG14 1EN Our registered VAT number is 288659235.
(e) How we may contact you. If we have to contact you we will do so by telephone or by writing to you at the email address or postal address you provided to us in your order.
(f) "Writing" includes emails. When we use the words "writing" or "written" in these terms, this includes emails.
1. Introductions
1.1 Appointment. You have agreed to appoint us to identify prospective purchasers for you and to make Introductions of such persons on the terms of this agreement (the Appointment).
1.2 Our Duties.
(a) Good faith. We shall serve you faithfully and diligently and not to allow our interests to conflict with our duties under these terms of appointment; and
(b) Introductions. The Introducer shall use its best endeavours to make Introductions of prospective purchasers of watches that you have available for sale from time to time;
1.3 Limited scope of authority.
No authority to bind. We shall have no authority, and shall not hold ourselves out, or permit any person to hold itself out, or otherwise create the impression that it is authorised to bind you in any way and shall not do any act which might reasonably create the impression that we are so authorised.
1.4 Consequential introductions. Where a prospective purchaser is Introduced by us and the prospective purchaser then introduces you to a third party to whom you sell a watch, we shall also be deemed to have introduced the third party to you.
2. Completing a sale to a prospective purchaser
2.1 You may only make an offer to sell watches to customers on the Chrono Hunter platform watch(es) if such watch(es):
(a) is/are available for an immediate conclusion of the sale to the prospective purchaser;
(b) is/are genuine and you have proof of its authenticity; and You understand that according to English trademark law, the manufacturing, sale, and, in some cases, possession of a counterfeit watch can be both a civil and criminal offence. Pursuant to Section 97 of the Trade Marks Act 1994, it is also possible for such counterfeit goods to be forfeited to and or seized under certain circumstances. You will also appreciate that counterfeiting is nowadays often connected to serious criminal activity and we reserve the right to inform and involve the local authorities.
(c) is/are in the same condition as described to the prospective purchaser in the offer.
(d) is/are your own property or property of your company and you are entitled to sell all goods free from any charge, lien, burden or adverse claim.
(e) You accept that every element in the description of the sale of this specific watch including its make, model and condition, is a material and essential part of its identity and that the absence of any such element renders the watch fundamentally different from the watch that you have agreed to sell and this will be considered a breach of this contract. Any funds paid by Chrono Hunter or the customer introduced by Chrono Hunter to you must be refunded within 24 hours of breach of contract notification, should a breach be discovered retrospectively after a sale and settlement has been concluded. Please note we reserve the right to hold any funds owed to you under separate Agreements until these outstanding disputes have been settled.
(f) has no outstanding finance, record of theft or fraudulent claim against it. Should it be discovered that you have breached the terms of this clause after a sale and settlement (to you) has been completed you must refund all funds paid back to Chrono Hunter or the customer introduced by Chrono Hunter within 24 hours.
(g) All goods sold via Chrono Hunter (unless otherwise stated) have had all of the relevant duties and taxes paid up until and including the date that the sale is completed with the customer. Should it be discovered that goods sold by you to the customer have unpaid relevant duties and taxes, it is your responsibility as the seller to pay these outstanding costs, or to reimburse the customer for any incurred duties and taxes paid retrospectively. Please note we reserve the right to hold any funds owed to you under separate Agreements until these outstanding disputes have been settled.
(h) Should terms numbered (a), (b), (c), (d), (e), (f) &/or (g) above result in a claim for Chrono Hunter or the customer introduced by Chrono Hunter to recover funds, you will be responsible for all costs relating to recovery of these losses.
(i) Upon sale you agree to relinquish all ownership rights to the item.
2.2 Once you have made an offer to sell a watch(es) to a prospective purchaser, and that offer has been accepted by them, the Commission referred to in clause 3 will become payable to us whether or not you choose to proceed to complete the sale.
3. Commission and payment
3.1 Commission entitlement. We shall be entitled to Commission if a prospective purchaser who is introduced by us enters into a contract to purchase a watch(es) from you, whether or not this is effected by the prospective purchaser formally accepting an offer via our website (www.chronohunter.com) or directly with you, and including any different or additional watches that the prospective purchaser may purchase from you to those which formed their initial enquiry through our website (a Relevant Purchase).
3.2 In the event of your withdrawal after a prospective purchaser who is introduced by us enters into a contract to purchase a watch(es) from you, a 4% fee plus VAT applies, requiring prompt payment, acknowledged as a genuine pre-estimate of incurred losses by Chrono Hunter, with the right to suspend services or pursue legal action for non-payment.
3.3 Commission rate. The amount of commission payable shall be at the rate of 4% plus VAT of the gross amount of the accepted offer. We reserve the right to change the level of commission chargeable at any time, and will advise you in writing of any such changes and the date upon which they will take effect.
3.4 Duty on you to disclose commission data. You shall promptly notify us in writing of the following:
(a) the date it enters into a Relevant Purchase; and
(b) the amount of the Commission due to us in relation to the Relevant Purchase no later than 3 Business Days after you enter into such Relevant Purchase.
3.5 Invoicing of Commission. We shall invoice you for the Commission payable, together with any applicable VAT, and setting out the due date for payment, within 3 Business Days of receiving confirmation of the Relevant Purchase pursuant to clause 3.3 above.
3.6 Due date for commission. All Commission payable to us shall be automatically taken by the Company from the credit or debit card that we hold on file for you. If we do not hold card details for you, or if the card payment is declined, then the Commission will be due (whether invoiced or not) within 30 days of the date on which you received the corresponding payment from the prospective purchaser.
3.7 Currency of Commission. Commission shall be payable in pounds sterling.
3.8 Interest on late payments. If you fail to make any payment due to us by the due date for payment, then you shall pay interest on the overdue amount at the rate of 4% per annum above the Bank of England base rate from time to time. Such interest shall accrue on a daily basis from the due date until actual payment of the overdue amount, whether before or after judgment. You shall pay the interest together with the overdue amount.
3.9 Disputes about Commission. If any dispute arises as to the amount of Commission payable by you to us, the same shall be referred to an independent accountant for settlement and their decision, save in the case of manifest error, shall be final and binding on both parties.
3.10 Continuing obligation to pay Commission. Termination of this agreement, howsoever arising, shall not affect the continuation in force of this agreement and your obligation to pay Commission to us in accordance with it.
4. Confidentiality
4.1 Obligations of confidentiality. Each party undertakes that it shall not at any time disclose to any person any confidential information concerning the business, affairs, customers, clients or suppliers of the other party except as permitted by 4.2.
4.2 Confidentiality exceptions. Each party may disclose the other party's confidential information:
(a) to its employees, officers, representatives or advisers who need to know such information for the purposes of carrying out the party's obligations under this agreement. Each party shall procure that its employees, officers, representatives or advisers to whom it discloses the other party's confidential information comply with this; and
(b) as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority.
4.3 Limited use of confidential information. No party shall use any other party's confidential information for any purpose other than to perform its obligations under this agreement.
5. Compliance
Each party shall at its own expense comply with all laws and regulations relating to its activities under this agreement, as they may change from time to time, and with any conditions binding on it in any applicable licences, registrations, permits and approvals.
6. Data protection
6.1 Definitions.
(a) Agreed Purposes: Providing personal contact information for prospective purchasers to you.
(b) Controller, processor, data subject, personal data, personal data breach, processing and appropriate technical and organisational measures: as set out in the Data Protection Legislation.
(c) Data Discloser: a party that discloses Shared Personal Data to the other party.
(d) Data Protection Legislation: all applicable data protection and privacy legislation in force from time to time in the UK.
(e) Permitted Recipients: the parties to this agreement, the employees of each party, any third parties engaged to perform obligations in connection with this agreement.
(f) Shared Personal Data: the personal data to be shared between the parties under this agreement.
6.2 Shared Personal Data. This clause sets out the framework for the sharing of personal data between the parties as controllers. Each party acknowledges that one party (referred to in this clause as the Data Discloser) will regularly disclose to the other party Shared Personal Data collected by the Data Discloser for the Agreed Purposes.
6.3 Effect of non-compliance with Data Protection Legislation. Each party shall comply with all the obligations imposed on a controller under the Data Protection Legislation, and any material breach of the Data Protection Legislation by one party shall, if not remedied within 30 days of written notice from the other party, give grounds to the other party to terminate this agreement with immediate effect.
6.4 Particular obligations relating to data sharing. Each party shall:
(a) ensure that it has all necessary notices and consents and lawful bases in place to enable lawful transfer of the Shared Personal Data to the Permitted Recipients for the Agreed Purposes;
(b) give full information to any data subject whose personal data may be processed under this agreement of the nature of such processing. This includes giving notice that, on the termination of this agreement, personal data relating to them may be retained by or, as the case may be, transferred to one or more of the Permitted Recipients, their successors and assignees;
(c) process the Shared Personal Data only for the Agreed Purposes;
(d) not disclose or allow access to the Shared Personal Data to anyone other than the Permitted Recipients;
(e) ensure that all Permitted Recipients are subject to written contractual obligations concerning the Shared Personal Data (including obligations of confidentiality) which are no less onerous than those imposed by this agreement;
(f) ensure that it has in place appropriate technical and organisational measures, reviewed and approved by the other party, to protect against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data.
(g) not transfer any personal data received from the Data Discloser outside the UK unless the transferor ensures that (i) the transfer is to a country approved under the applicable Data Protection Legislation as providing adequate protection; or (ii) there are appropriate safeguards or binding corporate rules in place pursuant to the applicable Data Protection Legislation; or (iii) the transferor otherwise complies with its obligations under the applicable Data Protection Legislation by providing an adequate level of protection to any personal data that is transferred; or (iv) one of the derogations for specific situations in the applicable Data Protection Legislation applies to the transfer.
6.5 Mutual assistance. Each party shall assist the other in complying with all applicable requirements of the Data Protection Legislation. In particular, each party shall:
(a) consult with the other party about any notices given to data subjects in relation to the Shared Personal Data;
(b) promptly inform the other party about the receipt of any data subject rights request;
(c) provide the other party with reasonable assistance in complying with any data subject rights request;
(d) not disclose, release, amend, delete or block any Shared Personal Data in response to a data subject rights request without first consulting the other party wherever possible;
(e) assist the other party, at the cost of the other party, in responding to any request from a data subject and in ensuring compliance with its obligations under the Data Protection Legislation with respect to security, personal data breach notifications, data protection impact assessments and consultations with the Information Commissioner or other regulators;
(f) notify the other party without undue delay on becoming aware of any breach of the Data Protection Legislation;
(g) at the written direction of the Data Discloser, delete or return Shared Personal Data and copies thereof to the Data Discloser on termination of this agreement unless required by law to store the Shared Personal Data;
(h) use compatible technology for the processing of Shared Personal Data to ensure that there is no lack of accuracy resulting from personal data transfers;
(i) provide the other party with contact details of at least one employee as point of contact and responsible manager for all issues arising out of the Data Protection Legislation, including the joint training of relevant staff, the procedures to be followed in the event of a data security breach, and the regular review of the parties' compliance with the Data Protection Legislation.
6.6 Indemnity. Each party shall indemnify the other against all liabilities, costs, expenses, damages and losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses) suffered or incurred by the indemnified party arising out of or in connection with the breach of the Data Protection Legislation by the indemnifying party, its employees or agents, provided that the indemnified party gives to the indemnifier prompt notice of such claim, full information about the circumstances giving rise to it, reasonable assistance in dealing with the claim and sole authority to manage, defend and/or settle it.
7. Limitation of liability
7.1 Unlimited liability. Nothing in this agreement shall limit or exclude the liability of either party for:
(a) Death or personal injury. Death or personal injury caused by its negligence, or the negligence of its employees, agents or subcontractors (as applicable).
(b) Fraud. Fraud or fraudulent misrepresentation or wilful default.
(c) Unlawful liability restrictions. Any matter in respect of which it would be unlawful to exclude or restrict liability.
7.2 Limitations of liability. Subject to 7.1 above:
(a) Loss of profit, revenue, goodwill, or anticipated savings. We shall not under any circumstances whatever be liable to you, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for:
(i) any loss of profit, sales, revenue, or business;
(ii) loss of anticipated savings;
(iii) loss of or damage to goodwill;
(iv) loss of agreements or contracts;
(v) loss of use or corruption of software, data or information;
(vi) any loss arising out of the lawful termination of this agreement or any decision not to renew its term, or
(vii) any loss that is an indirect or secondary consequence of any act or omission of ours.
(b) Total cap. Our total liability to you in respect of all other loss or damage arising under or in connection with this agreement, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, shall in no circumstances exceed the amount if Commission that has become due to us, for the entire term of this agreement.
7.3 No liability for claims not notified within six months. Unless you notify us that you intend to make a claim in respect of an event within the notice period, we shall have no liability for that event. The notice period for an event shall start on the day on which you became, or ought reasonably to have become, aware of the event having and shall expire six months from that date. The notice must be in writing and must identify the event and the grounds for the claim in reasonable detail.
8. Commencement and duration
This agreement shall commence on the date you have access to the Chrono Hunter website and shall continue unless terminated earlier in accordance with clause 9, until either party gives to the other party one month's written notice to terminate.
9. Termination
9.1 Termination on notice. Without affecting any other right or remedy available to us, we may terminate this agreement with immediate effect by giving written notice to you if:
(a) you fail to pay any amount due under this agreement on the due date for payment and remains in default not less than 7 days after being notified to make such payment;
(b) you commit a material breach of any other term of this agreement which breach is irremediable or (if such breach is remediable) fails to remedy that breach within a period of 7 days after being notified to do so;
(c) you repeatedly breach any of the terms of this agreement in such a manner as to reasonably justify the opinion that its conduct is inconsistent with it having the intention or ability to give effect to the terms of this agreement;
(d) you suspend, or threaten to suspend, payment of your debts or are unable to pay your debts as they fall due or admit inability to pay your debts or are deemed unable to pay your debts within the meaning of section 123 of the Insolvency Act 1986;
(e) you commence negotiations with all or any class of your creditors with a view to rescheduling any of your debts, or make a proposal for or enter into any compromise or arrangement with your creditors;
(f) you apply to court for, or obtain, a moratorium under Part A1 of the Insolvency Act 1986;
(g) a petition is filed, a notice is given, a resolution is passed, or an order is made, for or in connection with your winding up;
(h) an application is made to court, or an order is made, for the appointment of an administrator, or if a notice of intention to appoint an administrator is given or if an administrator is appointed;
(i) any event occurs, or proceeding is taken, with respect to you in any jurisdiction to which it is subject that has an effect equivalent or similar to any of the events mentioned in clause 8.1(d) to clause 8.1(f) (inclusive); or
(j) you suspend or cease, or threaten to suspend or cease, carrying on all or a substantial part of your business.
10. Consequences of termination
10.1 Clauses to remain in force on termination. On termination of this agreement, the following clauses shall continue in force: 2, 3 and 9 to 19 (inclusive).
10.2 Accrued rights. Termination of this agreement shall not affect any rights, remedies, obligations or liabilities of the parties that have accrued up to the date of termination, including the right to claim damages in respect of any breach of the agreement which existed at or before the date of termination.
11. No partnership or agency
No partnership or agency between the parties. Nothing in this agreement is intended to, or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party the agent of another party, or authorise any party to make or enter into any commitments for or on behalf of any other party.
12. Entire agreement
12.1 Entire agreement. These terms constitute the entire agreement between the parties and supersede and extinguish all previous agreements, promises, assurances, warranties, representations and understandings between us, whether written or oral, relating to its subject matter.
12.2 No reliance on matters outside agreement. We each acknowledge that in entering into this agreement we do not rely on, and shall have no remedies in respect of, any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this agreement.
12.3 Fraud. Nothing in this clause shall limit or exclude any liability for fraud.
13. Variation
No variation of this agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).
14. Assignment and other dealings
This agreement is personal to the parties and neither party shall assign, transfer, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any of its rights and obligations under this agreement.
15. No automatic waiver
15.1 No failure or delay by a party to exercise any right or remedy provided under this agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy.
15.2 No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.
16. Severance
16.1 Deemed modification or deletion. If any provision or part-provision of this agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this agreement.
16.2 Obligation to negotiate compliance amendments. If any provision or part-provision of this agreement is invalid, illegal or unenforceable, the parties shall negotiate in good faith to amend such provision so that, as amended, it is legal, valid and enforceable, and, to the greatest extent possible, achieves the intended commercial result of the original provision.
17. Notices
17.1 Form of notices. Any notice or other communication given to a party under or in connection with this agreement shall be in writing, addressed to that party at its registered office or such other address as that party may have specified to the other party in writing in accordance with this clause, and shall be delivered personally, or sent by pre-paid first class post or other next working day delivery service, or by commercial courier, fax or email.
17.2 Deemed receipt of notices. A notice or other communication shall be deemed to have been received:
(a) if delivered personally, when left at the address referred to in 17.1;
(b) if sent by pre-paid first class post or other next working day delivery service, at 9.00 am on the second Business Day after posting;
(c) if delivered by commercial courier, on the date and at the time that the courier's delivery receipt is signed;
(d) or, if sent by fax or email, one Business Day after transmission.
18. Third party rights
No one other than a party to this agreement, their successors and permitted assignees, shall have any right to enforce any of its terms.
19. Governing law
This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.
20. Jurisdiction
Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this agreement or its subject matter or formation (including non-contractual disputes or claims).
3. Our terms for purchasers
These terms
(a) What these terms cover. These are the terms and conditions on which we introduce you to potential sellers of watches in which you have expressed an interest in purchasing via an enquiry made on our website (www.chronohunter.com).
(b) Why you should read them. Please read these terms carefully before you submit your enquiry to us through our website. These terms tell you who we are, how we will provide introductions to sellers to you, how you and we may change or end the contract, what to do if there is a problem and other important information.
(c) Are you a business customer or a consumer? In some areas you will have different rights under these terms depending on whether you are a business or consumer. You are a consumer if:
(i) You are an individual.
(ii) You are buying products wholly or mainly for your personal use (not for use in connection with your trade, business, craft or profession).
Provisions specific to consumers only are Underlined and those specific to businesses only are in Bold Italic.
(d) If you are a business customer this is our entire agreement with you. If you are a business customer these terms constitute the entire agreement between us in relation to your purchase. You acknowledge that you have not relied on any statement, promise, representation, assurance or warranty made or given by or on behalf of us which is not set out in these terms and that you shall have no claim for innocent or negligent misrepresentation based on any statement in this agreement.
Information about us
(e) Who we are. We are Chrono Group Limited, a company registered in England and Wales. Our registered office address is 167 Turners Hill, Cheshunt, Waltham Cross, England, EN8 9BH. Our registered VAT number is 288659235.
(f) How we may contact you. If we need to contact you, we will do so by telephone or by writing to you at the email address or postal address you provided to us in your enquiry through our website.
(g) "Writing" includes emails. When we use the words "writing" or "written" in these terms, this includes emails.
1. Our contract with you
1.1 How we will accept your enquiry. Our acceptance of your enquiry will take place when we email you to accept it, at which point a contract will come into existence between you and us. We will then put your listing live on our website for retailers and individual sellers to view.
1.2 If we cannot accept your enquiry. If we are unable to accept your enquiry, we will inform you of this in writing.
2. Your rights to make changes
If you wish to make a change to the watch(es) contained in your enquiry then please contact us as soon as possible. We will let you know if the change to the listing is possible. If it is possible, we will let you know about any changes to the listing which would be necessary as a result of your requested change and ask you to confirm whether you wish to go ahead with the change.
3. How the introduction process works
3.1 Once we have all the necessary information from you in respect of your enquiry, a member of our team will review it with an aim of putting it live within 24 hours.
3.2 Once you have received an offer from a retailer or individual seller to sell you a watch which matches your enquiry that you would like to accept you can click the accept button. This will notify the retailer or individual seller that you would like to proceed and share your contact details with them in order to be able to move forwards.
3.3 If you are a business customer, then once the seller has accepted your offer to purchase, then provided the retailer or individual seller is ready willing and able to provide the watch(es) and can show that they are in the described standard and are authentic you shall be obliged to complete the purchase of the watch(es) from the retailer or individual seller at the agreed price.
3.4 The retailers we work with offer services that will cater to your needs from in-person collections, local drop-offs and fully insured couriered services. You should discuss this directly with the retailer whose offer you have accepted. Individual sellers may have different delivery requirements and you should check these directly.
3.5 You will pay the retailer or individual seller directly. The vast majority of retailers we work with will accept card, cash and bank transfer, whilst individual sellers may only accept cash or bank transfer. Cash may be subject to limits however this can be discussed directly with the retailer that you have accepted an offer from
4. Our responsibility for loss or damage suffered by you
4.1 If you are a consumer, we are responsible to you for foreseeable loss and damage caused by us If we fail to comply with these terms, we are responsible for loss or damage you suffer that is a foreseeable result of our breaking this contract or our failing to use reasonable care and skill, but we are not responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if either it is obvious that it will happen or if, at the time the contract was made, both we and you knew it might happen, for example, if you discussed it with us during the process.
4.2 We are not liable for losses caused by any misrepresentation or non-performance by the retailer or individual seller.
5. How we may use your personal information
We will only use your personal information in accordance with all relevant data protection legislation.
6. Other important terms
6.1 We may transfer this agreement to someone else. We may transfer our rights and obligations under these terms to another organisation.
6.2 Nobody else has any rights under this contract. This contract is between you and us. No other person shall have any rights to enforce any of its terms. Neither of us will need to get the agreement of any other person in order to end the contract or make any changes to these terms.
6.3 If a court finds part of this contract illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
6.4 Even if we delay in enforcing this contract, we can still enforce it later. If we do not insist immediately that you do anything you are required to do under these terms, or if we delay in taking steps against you in respect of your breaking this contract, that will not mean that you do not have to do those things and it will not prevent us taking steps against you at a later date. For example, if you miss a payment and we do not chase you but we continue to provide the products, we can still require you to make the payment at a later date.
6.5 Which laws apply to this contract and where you may bring legal proceedings if you are a consumer. These terms are governed by English law and you can bring legal proceedings in respect of the products in the English courts. If you live in Scotland you can bring legal proceedings in respect of the products in either the Scottish or the English courts. If you live in Northern Ireland you can bring legal proceedings in respect of the products in either the Northern Irish or the English courts.
6.6 Alternative dispute resolution if you are a consumer. Alternative dispute resolution is a process where an independent body considers the facts of a dispute and seeks to resolve it, without you having to go to court. If you are a consumer and are not happy with how we have handled any complaint, you may want to contact an alternative dispute resolution provider.
6.7 Which laws apply to this contract and where you may bring legal proceedings if you are a business. If you are a business, any dispute or claim arising out of or in connection with a contract between us or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales and the courts of England and Wales shall have exclusive jurisdiction to settle any such dispute or claim.