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Terms and Conditions of Sale and Website Use

AL-AAMIR PTE. LTD. · UEN 202245711R · Last updated

These Terms and Conditions of Sale and Website Use (“Terms”) govern the use of al-aamir.shop (the “Website”) and the purchase of cryptocurrency mining equipment and related products from AL-AAMIR PTE. LTD. (“AL-AAMIR”, “Company”, “we”, “us” or “our”).

By accessing or using the Website, requesting a quotation, accepting a quotation or proforma invoice, making payment, or purchasing Products from AL-AAMIR, the customer (“Customer”, “you” or “your”) confirms that it has read, understood and agreed to these Terms.

AL-AAMIR sells on a wholesale basis, with a minimum order quantity, and its Customers are ordinarily businesses. Where a Customer is nevertheless acting as a consumer, nothing in these Terms excludes or restricts any right under the Consumer Protection (Fair Trading) Act 2003, the Sale of Goods Act 1979 or the Unfair Contract Terms Act 1977 of Singapore that cannot lawfully be excluded or restricted.

1. Company information

The Website and the sale of Products are operated by:

AL-AAMIR PTE. LTD.
10 Anson Road, #20-05
International Plaza
Singapore 079903
Republic of Singapore

2. Scope of these Terms

These Terms apply to:

AL-AAMIR operates as a trading house: it purchases Products from manufacturer channels and resells and delivers them to operators.

Unless expressly agreed otherwise in a separate written agreement, AL-AAMIR does not provide hosting, mining management, electrical installation, commissioning, maintenance, repair on site, investment management or cryptocurrency investment services.

3. Business Customers and Consumers

A “Business Customer” means any natural or legal person purchasing Products for purposes related to its business, commercial, professional or entrepreneurial activities.

A “Consumer” means a natural person purchasing Products wholly or predominantly for personal, domestic or household purposes.

AL-AAMIR’s minimum order quantity and commercial terms are directed at Business Customers. Certain provisions of these Terms expressly applying to Business Customers do not apply to Consumers.

Where mandatory Singapore consumer protection law grants a Consumer rights that conflict with these Terms, those mandatory provisions prevail.

4. Products

AL-AAMIR sells cryptocurrency mining hardware, including ASIC miners, assembled GPU rigs, frames, power supplies, hash boards, control boards, fans, cabling and other related equipment (“Products”).

Product descriptions, specifications, photographs and technical information displayed on the Website are provided for informational purposes.

Product photography on the Website may consist of manufacturer renders or representative images. Manufacturers may change specifications, components, packaging, firmware, appearance or other characteristics between production batches.

Minor differences that do not materially affect the intended functionality of a Product shall not constitute a defect.

5. Technical specifications and published estimates

Hash rate, power consumption, efficiency, noise level, operating temperature and other technical specifications displayed on the Website or provided in quotations are generally based on information supplied by the relevant manufacturer, and are stated subject to the manufacturer’s own tolerance.

Actual performance may vary depending on factors including:

The Website includes calculators that estimate hash rate, site load, monthly result and payback period. Those calculators apply stated assumptions about the price of bitcoin, network hash rate and the Customer’s energy tariff. Those assumptions change continuously and are not forecasts.

Unless expressly guaranteed by AL-AAMIR in writing, technical figures, calculator outputs and payback estimates do not constitute a guarantee of real-world performance or of any financial result.

6. Orders and quotations

Prices and availability displayed on the Website are indicative and do not constitute a binding offer to sell.

The Customer may request a quotation. AL-AAMIR may issue a written offer, quotation, order confirmation or proforma invoice specifying, among other things:

The written offer prevails over prices, availability and specifications published on the Website.

Unless otherwise expressly stated, a quotation is valid only for the period specified in it. Due to the volatility of the mining hardware market, prices and availability may change rapidly.

AL-AAMIR reserves the right to accept or reject an order before a binding sales agreement has been concluded.

7. Contract formation

A sales contract becomes binding when AL-AAMIR accepts the Customer’s order and receives the agreed deposit in cleared funds in accordance with the applicable written offer or proforma invoice.

Any amendment to an accepted order requires written agreement by AL-AAMIR.

8. Prices

Unless expressly stated otherwise, prices displayed on the Website or provided in quotations:

Volume tiers published on the Website are indicative. The tier applicable to a particular order is fixed in the written offer.

The final amount payable is specified in the applicable written offer, proforma invoice or invoice.

The Customer is responsible for all applicable taxes, customs duties, import charges, governmental fees and similar charges at the destination unless expressly included in AL-AAMIR’s invoice.

9. GST and taxes

AL-AAMIR is established in the Republic of Singapore. Goods exported from Singapore and shipped to a destination outside Singapore are ordinarily zero-rated for Singapore Goods and Services Tax, subject to AL-AAMIR holding the required export evidence.

Where Products are delivered within Singapore, or where the required export evidence is not obtained, GST may apply at the prevailing rate.

Business Customers are responsible for providing accurate company, registration and tax information where required. If a tax, duty or governmental charge becomes payable as a result of incorrect or incomplete information provided by the Customer, AL-AAMIR may require the Customer to reimburse that amount to the extent permitted by law.

The Customer is responsible for obtaining its own tax advice regarding the purchase, importation, ownership and operation of mining equipment.

10. Payment

Payment must be made by the method and to the account specified in the applicable written offer or proforma invoice. AL-AAMIR settles in USD, EUR or CNY as stated in the offer.

Unless otherwise expressly agreed in writing, the standard payment schedule is thirty per cent (30%) on written acceptance of the offer and seventy per cent (70%) against issue of the batch test report described in section 12, before dispatch.

An order is considered paid only when the entire amount specified has been received in cleared and irrevocable funds.

The Customer is responsible for bank charges, intermediary bank fees, correspondent bank deductions and other transaction costs unless otherwise agreed.

AL-AAMIR may suspend processing, testing or dispatch of an order until amounts due have been received.

Payment instructions. Banking details are issued with the written offer. AL-AAMIR does not change banking details by email during an order. If the Customer receives any communication purporting to change payment instructions, the Customer must verify it by contacting AL-AAMIR on details obtained independently of that communication, before transferring any funds. AL-AAMIR is not liable for payments made to accounts not stated in its written offer.

11. Delivery period

Delivery periods stated on the Website or in an offer are estimates and run from receipt of the deposit in cleared funds, unless AL-AAMIR expressly confirms a guaranteed date in writing.

Indicatively, and subject to the written offer:

The Customer acknowledges that mining hardware may be subject to manufacturer production schedules, international transportation, customs procedures, logistics constraints and other circumstances affecting delivery timing.

Where mandatory law provides the Customer with rights in relation to delayed delivery, nothing in this section excludes those rights.

12. Batch testing and the test report

Before dispatch, AL-AAMIR tests the machines in a batch and issues a batch test report recording, per serial number, the hash rate under load, power draw at the wall, board temperatures and hardware error rate over the test window.

The batch test report is issued to the Customer before the balance payment falls due, so that the Customer may review it before the balance is transferred.

Acceptance of the batch test report, or payment of the balance, indicates that the Customer has had the opportunity to review the tested condition of the batch. This does not limit the Customer’s rights in respect of defects arising or discovered after delivery, or any mandatory statutory right.

13. Incoterms, delivery destination and freight

Deliveries are made on EXW, FOB or DAP terms as stated in the written offer, interpreted in accordance with Incoterms® 2020.

At the Customer’s instruction, Products may be delivered:

  1. to the Customer at the address specified by the Customer; or
  2. to a data centre, hosting facility, mining facility, warehouse, freight forwarder or other third-party location designated by the Customer.

The Customer is responsible for providing complete and accurate delivery information. If the Customer instructs AL-AAMIR to deliver to a third-party facility, that facility is deemed authorised by the Customer to receive the Products on the Customer’s behalf.

AL-AAMIR may use third-party carriers, freight forwarders, couriers and logistics providers. Where the Customer selects or instructs a particular carrier or forwarder, AL-AAMIR is not responsible for that provider’s acts or omissions to the extent permitted by law.

AL-AAMIR is not responsible for errors or additional costs resulting from incorrect, incomplete or outdated delivery information supplied by the Customer.

14. Transfer of risk

For Business Customers, risk of loss of or damage to the Products passes in accordance with the Incoterm stated in the written offer.

Where no Incoterm is stated, risk passes to the Customer on delivery of the Products to the Customer, to the Customer’s designated recipient, or to the Customer’s designated facility.

For Consumers, transfer of risk is governed by mandatory Singapore law.

15. Title to Products

Legal title to the Products remains with AL-AAMIR until AL-AAMIR has received full payment of all amounts due for those Products in cleared funds.

The Customer may not pledge, charge or otherwise encumber Products to which title remains with AL-AAMIR.

16. Inspection on arrival and DOA

The Customer should inspect the shipment promptly on receipt. Visible damage to packaging, missing packages or obvious transportation damage should be recorded with the carrier at the time of delivery and in the arrival act wherever reasonably possible.

Business Customers must notify AL-AAMIR of visible shipping damage, shortages or incorrect Products without undue delay after delivery.

Units that are dead on arrival must be reported to AL-AAMIR within seven (7) days of arrival, with the serial number and supporting evidence. Units properly reported within that period are replaced from stock where stock is available, or credited, at AL-AAMIR’s election.

The Customer should retain packaging, shipping labels, serial-number photographs and other evidence reasonably required to investigate a claim. Nothing in this section limits mandatory rights available to Consumers.

17. Sale of equipment only

Unless expressly agreed otherwise in a separate written agreement, AL-AAMIR acts solely as seller and supplier of the Products, and the purchase price is for the sale and supply of the Products only.

AL-AAMIR does not, as part of the sale of Products, provide:

Firmware pre-configuration, pool settings and a commissioning checklist may be supplied with a batch as a courtesy where stated in the offer. That does not make AL-AAMIR responsible for commissioning or operation.

18. Installation

The Customer is solely responsible for arranging proper installation and connection of the Products, and must ensure that installation is performed by appropriately qualified persons in accordance with manufacturer instructions, applicable electrical standards and safety requirements, local law, and the requirements of the relevant facility.

To the extent permitted by law, AL-AAMIR is not liable for damage caused by incorrect installation, wiring, configuration, electrical infrastructure or commissioning performed by the Customer or a third party.

19. Operation of equipment

AL-AAMIR is not responsible for the operation or management of the Products after delivery.

The Customer is solely responsible for determining whether the intended operating environment is suitable, including electrical capacity, voltage and power quality, electrical protection, ventilation, cooling, temperature, humidity, dust management, fire safety, connectivity, network configuration, firmware management, pool configuration, physical security, and ongoing monitoring and maintenance.

The Customer must operate the Products in accordance with manufacturer requirements and applicable law.

20. Third-party facilities and hosting providers

Unless AL-AAMIR expressly enters into a separate written hosting or service agreement, AL-AAMIR is not the Customer’s hosting provider and is not responsible for services provided by a data centre or hosting facility.

Any agreement between the Customer and a data centre, hosting provider, installer, technician or other third party is separate from the Customer’s purchase agreement with AL-AAMIR.

To the extent permitted by law, AL-AAMIR is not responsible for losses resulting from the acts or omissions of such third parties, including improper installation, misconfiguration, downtime, power or internet outages, cooling failures, fire or water damage, theft, unauthorised access, maintenance failures, incorrect firmware, pool problems, suspension of hosting services or loss of mining revenue.

The Customer is responsible for selecting and supervising its facility and service providers.

21. Mining risk

The Customer acknowledges that cryptocurrency mining is speculative and involves substantial technical, financial, regulatory and commercial risk.

AL-AAMIR does not guarantee mining profitability, cryptocurrency prices, mining rewards, mining difficulty, network hash rate, electricity prices, equipment resale value, pool performance, network availability, regulatory treatment, return on investment, payback period, or any specific amount of production or revenue.

Past or estimated performance does not guarantee future results, and the economic value of mining equipment may change significantly after an order is placed.

22. No financial or investment advice

Information published on the Website — including the journal, calculators, comparisons and specifications — is provided for general commercial and informational purposes only.

AL-AAMIR does not provide investment, financial, legal, accounting or tax advice, and nothing published or communicated by AL-AAMIR constitutes a recommendation to purchase, sell, hold or mine any cryptocurrency or digital asset.

Customers are responsible for their own financial, technical, legal and tax assessment before purchasing mining equipment.

23. Warranty

Where a Product is covered by a manufacturer’s warranty, the scope, duration and conditions of that warranty are determined by the manufacturer.

Where AL-AAMIR states a warranty period for a Product in the written offer or on the Website, that period runs from the date of delivery and covers, for machines, the hash boards, control board, power supply and fans. Warranty periods differ by position and are stated per Product; used equipment carries a shorter period, stated in the offer.

Warranty claims are handled through AL-AAMIR’s service partner in Hong Kong. Repair or replacement is at AL-AAMIR’s election unless mandatory law provides otherwise.

Warranty cover does not extend to damage caused by:

Physical damage in transit that is not recorded in the arrival act is handled under the cargo insurance policy rather than under warranty.

AL-AAMIR may reasonably require photographs, video, logs, serial numbers or diagnostic information before processing a warranty request. Nothing in this section limits statutory rights that cannot lawfully be excluded.

24. Cancellations and returns — Business Customers

Unless otherwise expressly agreed in writing, orders placed by Business Customers may not be cancelled after AL-AAMIR has accepted the order and received the deposit.

Products sold to Business Customers are not returnable merely because cryptocurrency prices have changed, mining profitability has decreased, network difficulty has increased, electricity prices have changed, market prices for mining equipment have fallen, hosting arrangements have changed, or the Customer’s plans have changed.

Returns by Business Customers require prior written authorisation from AL-AAMIR.

This section does not affect claims relating to defective or non-conforming Products under applicable law or under an applicable warranty.

25. Consumers — cancellation

Singapore law does not provide a general cooling-off or withdrawal right for distance sales contracts of this kind, and none is offered under these Terms.

The limited statutory cancellation rights under the Consumer Protection (Fair Trading) (Cancellation of Contracts) Regulations apply only to the specific categories of contract listed in those Regulations, which do not ordinarily include the sale of mining hardware to a Customer who approached the seller.

Nothing in these Terms restricts a Consumer’s rights in respect of goods that are not of satisfactory quality, not as described or not fit for purpose, or any other right that cannot lawfully be excluded.

26. Defective or non-conforming Products

If a Product is defective or does not conform to the sales contract, the Customer must contact AL-AAMIR and provide sufficient information to identify the Product and the alleged defect.

AL-AAMIR may request the order or invoice number, the serial number, photographs, video, diagnostic logs, a description of the installation, power supply information, firmware information and other information reasonably necessary to investigate.

Remedies are provided in accordance with the applicable warranty, the sales agreement and mandatory law.

27. Limitation of liability

To the maximum extent permitted by law, AL-AAMIR is not liable for indirect, incidental, special or consequential loss arising from the purchase, installation, ownership or operation of Products.

For Business Customers this includes, without limitation, loss of mining revenue, cryptocurrency rewards, profits, business opportunity, anticipated savings, data, contracts or use of equipment.

AL-AAMIR is not responsible for loss resulting from circumstances outside its reasonable control, or from installation, operation, hosting or maintenance performed by the Customer or a third party.

For Business Customers, to the maximum extent permitted by law, AL-AAMIR’s aggregate liability arising from a particular order shall not exceed the amount actually paid to AL-AAMIR for the Product giving rise to the claim.

Nothing in these Terms excludes or limits liability where such exclusion or limitation is prohibited by law, including liability for death or personal injury caused by negligence, for fraud, or any other liability that cannot lawfully be excluded.

28. Force majeure

AL-AAMIR is not liable for delay or failure to perform where it results from circumstances beyond its reasonable control, including natural disasters, fire, flood, war, terrorism, civil unrest, strikes, epidemics or pandemics, governmental restrictions, sanctions, export or import restrictions, customs delays, transportation disruption, carrier failure, manufacturer delay, semiconductor or component shortage, power failure or telecommunications failure.

AL-AAMIR will make reasonable efforts to inform the Customer of material delays where practicable. Mandatory statutory rights remain unaffected.

29. Customer compliance, sanctions and export control

The Customer is responsible for ensuring that the purchase, importation, possession, installation and operation of mining equipment is lawful in the relevant jurisdiction, and for obtaining any licence, permit, approval or registration required.

The Customer represents that it is not subject to, and is not acting on behalf of any person subject to, applicable sanctions, and that the Products will not be re-exported in breach of applicable export controls.

AL-AAMIR may refuse, suspend or cancel a transaction where required by applicable sanctions, export controls, anti-money laundering requirements or other applicable law, and may require counterparty documentation before accepting an order.

30. Prohibited use of the Website

The Customer must not use the Website for unlawful or fraudulent purposes; attempt to gain unauthorised access to the Website or its systems; interfere with its operation or security; introduce malicious code; scrape or systematically extract content without authorisation; impersonate another person or entity; submit false or misleading order information; or use the Website in breach of applicable law.

AL-AAMIR may restrict access to the Website where it reasonably believes these Terms have been breached.

31. Website availability

AL-AAMIR does not guarantee that the Website will be continuously available, uninterrupted or free from error. The Website may be temporarily unavailable due to maintenance, technical problems, security measures or circumstances outside AL-AAMIR’s control.

AL-AAMIR may modify, suspend or discontinue any part of the Website at any time, subject to applicable law.

32. Intellectual property

Unless otherwise stated, the Website and its original content, design, graphics, logos, text and other materials are owned by or licensed to AL-AAMIR and protected by applicable intellectual property law.

Manufacturer names, product names, trademarks, logos and product imagery remain the property of their respective owners and are used on the Website for identification of the Products offered for sale.

No content from the Website may be copied, reproduced, distributed or commercially exploited without permission from the relevant rights holder, except as permitted by law.

The Website may contain links to third-party websites or services. AL-AAMIR does not control such third parties and is not responsible for their content, availability, security, privacy practices or services.

Access to third-party websites is at the Customer’s own discretion and subject to the terms applicable to those websites.

34. Personal data

AL-AAMIR collects and processes personal data in accordance with the Personal Data Protection Act 2012 of Singapore and its Privacy Notice.

Personal data submitted through the Website’s quotation forms — such as name, company, email address, telephone or messenger contact, and the details of the requested configuration — is collected for the purpose of preparing and issuing a quotation, performing a resulting contract, and related commercial correspondence.

The Customer may contact support@al-aamir.shop to access, correct or request deletion of personal data, or to withdraw consent, subject to legal and contractual retention requirements.

35. Electronic communications

The Customer agrees that communications relating to quotations, orders, invoices, delivery and other commercial matters may be made electronically.

The Customer is responsible for ensuring that the email address and other contact information provided are accurate and kept up to date.

Electronic communications and documents may be used as evidence of the parties’ commercial relationship to the extent permitted by law.

36. Changes to these Terms

AL-AAMIR may update these Terms from time to time. The version published on the Website states the date on which it was last updated.

Changes do not retroactively alter an existing sales contract unless required by law or expressly agreed. The Terms applicable to a particular purchase are those in effect when the relevant contract was concluded, together with any transaction-specific terms agreed in writing.

37. Severability

If any provision of these Terms is found to be invalid, unlawful or unenforceable, that provision shall be interpreted or limited to the minimum extent necessary to make it enforceable where legally possible, and the remaining provisions continue in full force and effect.

38. No waiver

Failure by AL-AAMIR to exercise or enforce any right under these Terms does not constitute a waiver of that right. Any waiver must be made expressly and in writing.

39. Assignment

Business Customers may not assign or transfer their rights or obligations under a sales contract without AL-AAMIR’s prior written consent.

AL-AAMIR may assign its rights or obligations as part of a merger, restructuring, transfer of business or similar transaction, subject to applicable law.

40. Entire agreement

For Business Customers, these Terms together with the applicable written offer, proforma invoice, invoice, order confirmation and any expressly agreed written terms constitute the agreement between AL-AAMIR and the Customer regarding the relevant purchase.

Statements or representations not included in those documents do not form part of the agreement unless expressly confirmed by AL-AAMIR in writing.

41. Governing law

These Terms and contracts for the sale of Products by AL-AAMIR are governed by the laws of the Republic of Singapore, without prejudice to any mandatory rights a Consumer may have under the law applicable to that Consumer.

The application of the United Nations Convention on Contracts for the International Sale of Goods, given effect in Singapore by the Sale of Goods (United Nations Convention) Act 1995, is excluded to the extent legally permitted, unless expressly agreed otherwise in writing.

42. Jurisdiction and disputes

Before commencing formal proceedings, the parties shall attempt in good faith to resolve any dispute through written communication.

For transactions with Business Customers, any dispute arising out of or relating to these Terms, an order or the sale of Products shall be submitted to the exclusive jurisdiction of the courts of the Republic of Singapore, unless AL-AAMIR and the Customer agree in writing to refer the dispute to arbitration administered by the Singapore International Arbitration Centre in accordance with its rules, seated in Singapore and conducted in English.

Where the Customer is a Consumer, applicable mandatory rules concerning consumer dispute resolution and jurisdiction apply.

43. Priority of mandatory law

Nothing in these Terms excludes, restricts or modifies any right or remedy that cannot lawfully be excluded, restricted or modified under applicable law.

If any provision of these Terms conflicts with mandatory law, the mandatory law prevails to the extent of that conflict.

44. Contact

Questions concerning these Terms, an order, delivery or warranty should be sent to support@al-aamir.shop, or to the registered address stated in section 1.

45. Acceptance

By submitting an order, accepting a quotation or proforma invoice, making payment for an order, or otherwise entering into a purchase agreement with AL-AAMIR, the Customer acknowledges that it has had the opportunity to review these Terms and agrees to be bound by them, subject to all mandatory rights provided by applicable law.