Terms & Conditions of Service
Nature of Service & Strict B2B Status
Claire Art Registry ("Platform") is owned and operated exclusively by IBC LLC, a Wyoming limited liability company ("Company," "we," "us," or "our"). The Platform functions solely and strictly as an automated, algorithmic matching and introduction technology infrastructure. By accessing the Platform, communicating with the corporate licensing desk, or acquiring any commercial or territorial license, you ("Licensee," "User," or "Corporate Entity") irrevocably agree to these Terms and Conditions.
THIS PLATFORM IS EXCLUSIVELY AVAILABLE TO REGISTERED CORPORATE ENTITIES, INCORPORATED BODIES (INCLUDING PRIVATE LIMITED COMPANIES, LLPS, AND PARTNERSHIPS), INSTITUTIONS, AND ACCREDITED COMMERCIAL ENTITIES. INDIVIDUALS, CONSUMERS, RETAIL INVESTORS, AND UNINCORPORATED PERSONS ARE STRICTLY PROHIBITED FROM ACCESSING, LICENSING, OR TRANSACTING ON THIS PLATFORM. YOU HEREBY WARRANT AND REPRESENT THAT YOU ARE ACTING SOLELY ON BEHALF OF AN INCORPORATED CORPORATE BODY.
Absolute Disclaimer of Brokerage, Custody, Financial Returns, and Advisory Roles
(a) Zero Custody: IBC LLC does not hold, take possession of, inspect, store, insure, transport, ship, or exercise dominion over any physical artwork, cultural property, or tangible goods under any circumstances.
(b) Zero Brokerage & Agency: IBC LLC is not an art broker, art gallery, auctioneer, dealer, investment advisor, or fiduciary agent. The Company does not represent either party in any prospective or completed introduction, negotiation, or contract.
(c) Zero Financial Returns, Revenue Guarantees, or Yields: IBC LLC provides software infrastructure only and makes zero representations, warranties, or guarantees—express or implied—regarding any specific volume of transactions, gross revenue, net profit, financial return, or commercial success. All commercial results, capital allocation, operational execution, and staffing (including the allocation of dedicated employees or managers) rest entirely and solely upon the participating corporate entities.
(d) Zero Valuation or Provenance Warranty: IBC LLC does not appraise, authenticate, verify title, audit provenance, or evaluate the condition, legality, or financial value of any artwork introduced through the Platform. All due diligence, physical verification, legal audit, and title assurance rest exclusively and solely upon the participating counterparty corporate entities.
(e) Non-Financial Platform: The Platform does not execute financial settlement, operate an escrow mechanism, take custody of settlement funds, or clear purchase payments between matched parties.
Fixed Administrative Introduction Fees & Licensing
(a) Administrative Fees: Any fees paid to IBC LLC (including fixed introduction match tiers ranging from $5,000 to $100,000, or Master Territory License allocation fees) are strictly non-refundable administrative and technology software licensing fees.
(b) No Success Commissions: Fees charged by the Company are earned upon the computational generation and delivery of an introduction or granting of territorial commercial software rights. Fees are completely independent of whether matched parties consummate, cancel, abandon, or dispute any underlying transaction, and are completely independent of any financial income or revenue generated by the Licensee. Under no circumstances shall fees be deemed a commission, contingent fee, or transactional cut.
(c) Non-Refundability: Once access credentials, introductions, or territory rights are provisioned, all administrative and licensing fees are deemed 100% fully earned and non-refundable.
Master Territory Licensing & Regional Allocations
Any territory license or regional commercial rights granted by IBC LLC constitute an exclusive or semi-exclusive contractual B2B software and trademark distribution right. Territorial licensees do not become employees, partners, agents, or joint-venturers of IBC LLC. Licensees are independent commercial operators responsible for their own local statutory, regulatory, tax compliance, and internal operational staffing and management. Licensees possess zero authority to bind, obligate, or legally represent IBC LLC.
Automated Third-Party Screening & Absolute Disclaimer of Vetting Liability
(a) Autonomous System Operation: All corporate standing checks, identity validations, anti-money laundering (AML), politically exposed person (PEP), and international sanctions screening (including OFAC, EU, UK, and UN watchlists) are conducted entirely through automated, third-party software APIs and algorithmic data protocols embedded within the Platform without human intervention, review, discretion, or manual verification by IBC LLC, its members, or its officers.
(b) Absolute Waiver of Screening Liability: IBC LLC makes zero warranties, representations, or guarantees—express or implied—regarding the accuracy, completeness, timeliness, or efficacy of any automated screening, vetting, or verification output. IBC LLC expressly disclaims any and all liability for false positives, missed sanctions hits, identity fraud, misrepresentation by participants, or regulatory non-compliance by any introduced corporate entity. Each participating corporate entity assumes 100% of the risk regarding the identity, legality, and standing of its introduced counterparty and remains solely responsible for conducting its own independent compliance and background due diligence.
Absolute Exclusion of Warranties & Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE PLATFORM AND LICENSING INFRASTRUCTURE ARE PROVIDED STRICTLY "AS IS" AND "AS AVAILABLE." IBC LLC DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.
UNDER NO CIRCUMSTANCES SHALL IBC LLC, ITS DIRECTORS, MEMBERS, OFFICERS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING LOSS OF PROFITS, LOSS OF REVENUE, UNANTICIPATED FINANCIAL LOSSES, LOSS OF ARTWORK VALUE, TITLE DEFECTS, FAILED TRANSACTIONS, SANCTIONS BREACHES, REGULATORY PENALTIES, OR BREACH OF CONTRACT BY MATCHED COUNTERPARTIES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IBC LLC'S TOTAL AGGREGATE LIABILITY ARISING FROM OR RELATING TO ANY CLAIM, CONTRACT, OR DISPUTE SHALL NOT EXCEED THE ACTUAL FIXED ADMINISTRATIVE FEE RECEIVED BY IBC LLC FROM THE CLAIMANT ENTITY FOR THE SPECIFIC INTRODUCTION DISPUTED, OR USD $1,000, WHICHEVER IS LESS.
Mandatory Dispute Resolution: Singapore International Arbitration Centre (SIAC)
(a) Governing Law: These Terms, licenses, and any dispute, controversy, or claim arising out of or relating to them shall be governed by, and construed in accordance with, the laws of the State of Wyoming, United States, without regard to its conflict of law principles.
(b) Binding Arbitration: Any dispute, controversy, difference, or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach, or termination thereof, shall be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre ("SIAC") under the Arbitration Rules of the Singapore International Arbitration Centre ("SIAC Rules") in force when the Notice of Arbitration is submitted, which rules are deemed to be incorporated by reference into this clause.
(c) The seat of arbitration shall be Singapore. (d) The Tribunal shall consist of one (1) arbitrator. (e) The language of the arbitration shall be English.
(f) Waiver of Class/Collective Actions: All proceedings shall be conducted on an individual, corporate-entity basis. The parties explicitly waive any right to initiate, join, or consolidate claims in court, class actions, or collective arbitration proceedings.
For licensing inquiries and corporate desk access, contact us directly.
[email protected]