Terms & Conditions

1. This site is operated by BCD M&E on behalf of the European Bank for Reconstruction and Development (the “EBRD”).

2. Please read these terms and conditions (“Terms and Conditions”), as they apply to your use of the http://www.ebrd.com/am “Site”). If you do not agree to these Terms and Conditions, you must leave the Site.

1. Content

1.1. The EBRD maintains these Sites as a service to users Subject always to paragraph 3.1 below, you may visit the Sites and download and copy information, documents and materials provided by the EBRD or various information or content providers (collectively, the "Materials") from the Sites for your personal, non-commercial use, without any right to resell, redistribute or create derivative works therefrom.

The EBRD accepts no liability if you cannot view any part or component of the Sites.

1.2. The Sites may contain hyperlinks or references to external third party websites. The EBRD has no control over such third party websites and accepts no responsibility in relation to any content, material or information contained in these websites.

1.3. You may link to the Sites without seeking the permission of the EBRD. The EBRD reserves the right to refuse permission to link to the Sites and may demand, at any time, that You cease to link to the Sites.

1.4. The EBRD does not warrant or endorse the accuracy or reliability of any advice, opinion, statement or other information provided by any information or content provider, or any other person or entity. Reliance upon any such opinion, advice, statement or other information shall also be at your own risk.

1.5. The EBRD reserves the right, in its sole discretion and for any reason and without notice, to alter, amend, limit, suspend or discontinue the Sites or any Materials in any respect; and deny any user's access to the Sites or any portion thereof.

2. Our liability

2.1. The Sites are provided on a "as is" and "as available" basis without warranty, condition or commitment of any kind, whether express or implied. The EBRD makes no representation, warranty, commitment in relation to the provision of the Sites or to the availability, completeness, accuracy and up-to-datedness of any Material provided through the Sites.

2.2. To the maximum extent permitted by applicable law, the EBRD disclaims and excludes all liability (whether arising in contract, tort (including negligence), breach of statutory duty or otherwise) arising from any inaccuracy, failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of any of the Materials on the Sites.

3. Your obligations

3.1. While using the Sites, You may not:

a. post or transmit any unlawful, fraudulent, libelous, defamatory, obscene, pornographic, profane, threatening, abusive, hateful, offensive, derogatory or otherwise objectionable information of any kind, including without limitation any transmissions which constitute a criminal offence, give rise to civil liability, violate any applicable law or regulation, or damage the goodwill and reputation of the EBRD;

b. post or transmit any advertisements, solicitations, chain letters, pyramid schemes, investment opportunities or commercial schemes of any kind or other unsolicited commercial communication;

c. post or transmit any software or material which contains any "virus", "trojan horse", "worm", "data bomb", "logic bomb" or any other similar component;

d. in any way exploit or use:

(i) Materials obtained through the Sites for commercial purposes; or

(ii) Materials, or any derivative work of such Materials, obtained through the Sites which are subject to the copyright or any other intellectual property rights of a third party. If you wish exploit or use such Materialsin any way, or any derivative work of such Materials, you must first obtain the necessary permission of the owner.

3.2. Where required, You agree to keep your login name and password of your registered account confidential and will not allow other third parties to access the Sites using your account details.

3.3. You agree to defend, indemnify and hold the EBRD harmless from any and all claims, actions, proceedings, losses, damages, liabilities, costs and expenses, including reasonable legal fees, arising in any way from your use of the Sites or any violation of these Terms and Conditions by You or, where applicable, by any users of your registered account.

4. General

4.1. Nothing in these Terms and Conditions shall be construed as a waiver, renunciation or modification by the EBRD of any immunities, privileges and exemptions of the EBRD accorded under the Agreement Establishing the European Bank for Reconstruction and Development, international convention or any applicable law.

4.2. The failure of the EBRD to exercise or enforce any right or provision of these Terms and Conditions shall not constitute a waiver of such right or provision.

4.3. Unless you have an express contractual relationship with the EBRD, these Terms and Conditions constitute the entire agreement between the EBRD and You in respect of the Sites and Your Submissions.