ACCEPTANCE OF TERMS By accessing our website or engaging FINOVA LTD for software development, API integration, or digital service platform creation, you agree to be bound by these Terms and Conditions.
SERVICES PROVIDED FINOVA LTD provides custom software development, digital service platforms (such as VTU portals), API integrations, and server maintenance services. The specific scope of work, deliverables, and timelines will be outlined in a separate Project Agreement or Statement of Work (SOW) provided to the client.
CLIENT OBLIGATIONS The Client agrees to provide timely access to necessary information, assets, APIs, and feedback required for FINOVA LTD to complete the agreed-upon software development. Delays in client feedback may result in adjusted project timelines.
PRICING AND PAYMENT
All prices and estimates are quoted in Nigerian Naira (NGN) unless otherwise explicitly agreed.
A non-refundable deposit (typically 50%, unless otherwise stated in the SOW) is required before the commencement of any development work.
The remaining balance must be paid in full prior to the final deployment or handover of the source code.
FINOVA LTD reserves the right to suspend development or withhold deployment if payment milestones are not met.
INTELLECTUAL PROPERTY RIGHTS Upon receipt of full and final payment, FINOVA LTD assigns to the Client all intellectual property rights to the final custom software code produced, excluding any pre-existing proprietary code libraries, open-source frameworks, or third-party APIs used in the development.
CONFIDENTIALITY Both parties agree to keep all proprietary business information, project data, and trade secrets strictly confidential. FINOVA LTD will not disclose client project details to third parties without prior written consent.
WARRANTIES AND LIMITATION OF LIABILITY FINOVA LTD builds software to modern industry standards. However, we do not warrant that the software will be completely error-free or completely immune from unauthorized third-party hacking. To the maximum extent permitted by Nigerian law, FINOVA LTD shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, resulting from the use of our developed software or downtime of third-party integrations.
TERMINATION Either party may terminate a project agreement if the other party breaches a material term of the agreement and fails to cure the breach within 14 days of written notice. In the event of termination, the Client shall pay for all work completed up to the date of termination.
GOVERNING LAW AND DISPUTE RESOLUTION These Terms and Conditions shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria. Any disputes arising out of these terms shall be subject to the exclusive jurisdiction of the courts located in Lagos State, Nigeria.
CONTACT INFORMATION For legal inquiries regarding these terms, contact us: FINOVA LTD 08, Bwuel Street, Yaba, Lagos, Nigeria Phone: 09074501622 Email: [email protected]
