Added Value for Energy Projects

Business Conditions

Each visitor by accessing, browsing or using this website, by downloading or using material from it, and/or by engaging in any other activity thereon, agrees to be bound by the terms and conditions set forth below. Terms and conditions for the application of our websites:

§ 1 Subject Matter
§ 2 Conditions for Use
§ 3 Liability
§ 4 Execution
§ 5 Responsibilty
§ 6 Confidentiality
§ 7 Trademarks
§ 8 Protection of Sources
§ 9 Commission
§ 10 Miscellaneous

 

§ 1 Subject Matter

1.1 These General Terms and Conditions regulate the application and use of this website and the present and future cooperation with parties using the services of WALTER SOLUTIONS GROUP (Halstenbek / Hamburg).
1.2 With our offers and requests set out we solicit trade products and offer trading coordination and other services. With this trading platform WALTER SOLUTIONS GROUP supports buyers and sellers to establish profitable business connections.
1.3 Trading offers and requests can only be procured if these General Terms and Conditions by WALTER SOLUTIONS are accepted. General Terms and Conditions of potential buyers or sellers or their mandates and brokers apply only if we have consented to their application expressly and in writing.
1.4 These General Terms and Conditions do not constitute a specified project agreement. An agreement is concluded only in the form of a written individual agreement regulating the brokerage and other services of WALTER SOLUTIONS GROUP on behalf of a principal. WALTER SOLUTIONS GROUP is entitled to commission only against such principals who have entered into the aforesaid individual service or brokerage agreement.

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§ 2 Conditions for Use

2.1 WALTER SOLUTIONS GROUP and respective third parties hold the copyrights with respect to all contents published on this website as well as other material transferred, such as news articles, business information, texts, photos, pictures, illustrations, audio clips, video clips, software etc. Furthermore the design, layout, appearance and other aspects of style are protected by copyrights from WALTER SOLUTIONS. The website and its contents are protected as a collected edition and / or compilation under the German Copyright Law. EU-Law, international copyright treaties, and other intellectual property laws are applicable.
2.2 Copyrights and other intellectual property rights with respect to the contents presented on this website are reserved, unless users are explicitly entitled to usage by terms of this agreement. The same applies to respective copyrights and intellectual property rights of respective third parties.
2.3 For the personal usage the user of this website is entitled to save data in not more than one copy file on an eligible data medium and / or to print out the data. For any further duplication the prior consent by WALTER SOLUTION is required.
2.4 Buyers and sellers make their offers and requests through WALTER SOLUTIONS GROUP. Buyers and sellers are solely responsible for their offers or requests. Contracts, offers and requests that might violate the rights of third parties shall be omitted by the buyer and seller.
2.5 Any visitor to this website transmitting or providing information to WALTER SOLUTIONS GROUP via e-mail, post mail, fax or otherwise agrees that WALTER SOLUTIONS GROUP has unlimited rights to such information and that WALTER SOLUTIONS GROUP may treat such information as non-confidential and non-proprietary. WALTER SOLUTIONS GROUP may use such information in any way and chooses without compensation or acknowledgment of its source, except as otherwise restricted by applicable law.
2.6 This website and our trading as well as investment offers and requests are not intended for companies or persons located or based in jurisdictions which restrict the distribution of such information.

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§ 3 Liability

3.1 Liability for any kind of damages, consequential damages or losses whatsoever, occurring directly or indirectly as a result of the use of our website or the cooperation with WALTER SOLUTIONS GROUP are excluded, unless they are caused by intentional or grossly negligent conduct on our part. Furthermore it is explicitly pointed out that we are not liable to interested parties for any deficiencies, shortcomings or defects of the procured shares, rights or products or other objects. Furthermore WALTER SOLUTIONS GROUP does not undertake liability for offers or promises made by procured prospects. Liability for any kind of defects of objects of sale or purchase is excluded.
3.2. WALTER SOLUTIONS GROUP is only liable for its own intentional or grossly negligent conduct. Otherwise claims for indemnity or damages are excluded. In the event of liability, claims are limited to an amount that is reasonably predictable and typical under the contractual circumstances. WALTER SOLUTIONS GROUP has to be informed immediately about deficiencies or shortcomings with respect to the execution of its services by written notification. In the event of liability claims expire within a period of 6 months after recognition of the respective event causing the claim.
3.3 The information that WALTER SOLUTIONS GROUP is provided with in the course of the brokerage or other services can be forwarded unaudited to interested parties. Confidential information or data are exempted here from. Confidentiality can only be granted, if the respective data or documents are designated and declared as confidential in written form to WALTER SOLUTIONS.
3.4 WALTER SOLUTIONS GROUP does not guarantee nor give warranty for the accuracy or completeness of data and statements given to WALTER SOLUTIONS GROUP by the principal or interested parties and forwarded to the respective other party. WALTER SOLUTIONS GROUP does not guarantee nor give warranty for the correctness and the completeness of data, analyses, purchase or sale recommendations documented or forwarded by him. WALTER SOLUTIONS GROUP can not guarantee nor give warranty for certain features such as size, quantity, quality, characteristics, valence and the like. This also applies to statements about prices, values, trends or profit or economic viability.
3.5 Interested parties should not assume that procured information is correct or in all cases complete. Instead we recommend a verification or a trading audit by a neutral expert on the own responsibility of the interested party. WALTER SOLUTIONS GROUP reserves its right to change or complete information and data provided on the website. The principals of WALTER SOLUTIONS GROUP and the interested parties assure that they check all correspondence, documents and information carefully before transmission. The same applies to online presentations.
3.6 All information provided by WALTER SOLUTIONS GROUP is subject to possible economical, technical, legal or other change with respect to their correctness. New or completely different results are possible in the course of the project. All trading information provided is also subject to prior sale.
3.7 We explicitly point out that acquisitions and investments can generally entail potentially high risks. It is possible e.g., that subsequent sales of purchased commodities or objects (e.g. pipelines, tanker, storage facilities, refineries, terminals etc.) are difficult or impossible or only at a price far below the purchase price. Furthermore there is the risk of total loss with respect to certain investments (such as the acquisition of shares in companies). Sometimes certain acquisitions require a state-license or other official approvals or permissions.
3.8 WALTER SOLUTIONS GROUP does not offer investment, legal, tax, business counselling or counselling for oil and gas or other raw materials. For its own safeguard interested parties, principals as well as cooperation partners, should let all information and recommendations documented by WALTER SOLUTIONS be checked by specialized traders, tax consultants, lawyers, financial analysts and other experts.
3.9 Furthermore it is explicitly pointed out that WALTER SOLUTIONS is not liable for possible legal prohibitions and restraints or official order and requirements etc. It is within the sole responsibility of the buyer and seller to obtain expert opinions or expertises on their own expense. All statements and prices have to be considered as approximate values and are only deemed to be a non-binding basis for negotiations.
3.10 A guarantee for a successful procurement or closing of deals, for specific dates of procurements, for the ability of a procured party to fulfil its obligations, for the solvency of a procured party or for special contractual conditions cannot be given by WALTER SOLUTIONS GROUP, since such results are not within our power or sphere of influence. WALTER SOLUTIONS can also not guarantee for the procured buyers. This also applies with respect to business information or information about solidity or creditworthiness of interested trading or investment parties. The same applies with respect to the conduct of phone calls, meetings and postal mail delivery procured by WALTER SOLUTIONS GROUP. Furthermore it can not be guaranteed that an offer or a request receives responses.

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§ 4 Execution

4.1 The principal of WALTER SOLUTIONS GROUP transmits all information and documents to WALTER SOLUTIONS GROUP needed in order to execute our services. The principal also supports WALTER SOLUTIONS GROUP with respect to all brokerage and other service efforts in an appropriate way. WALTER SOLUTIONS GROUP executes its services mainly in its German office. The execution of sales, purchase, trading, deliveries of samples, contractual negotiations, inspections of commodities and infrastructure as well as appointments for this purpose are to be executed by the principal.
4.2 The principal informs WALTER SOLUTIONS GROUP about all developments and changes that are relevant for the subject matter of the brokerage or other services, such as changes in the rights of use, changes of shareholders, successions, signs of deterioration of the business situation, criminal proceedings and the like.
4.3 WALTER SOLUTIONS GROUP is permitted to communicate with authorities and experts as well as potential buyers and sellers. Furthermore WALTER SOLUTIONS GROUP is authorized to exchange information with brokers, experts and other providers of services that have been assigned by the principal so far.
4.4 The communication between the principal and WALTER SOLUTIONS GROUP will be carried out mainly via e-mail. The procurement of potential buyers will also be carried out via e-mail in the form of a contact sheet of WALTER SOLUTIONS GROUP. The sheet will contain relevant information about the potential buyer or seller provided.
4.5 Supplements due to further communication and proceedings will be transmitted to the principal at reasonable intervals via e-mail. Furthermore the principal will be provided monthly with a brief overview of information about the character, the scope and the provisional results of the activities of WALTER SOLUTIONS GROUP.
4.6 For the purpose of the acquisition the following marketing instruments can be used by WALTER SOLUTIONS GROUP: telephone and e-mail marketing, face to face and website presentation. Press releases or an uncontrolled spread of e-mails or mass advertising are not wanted. Making use of recommended providers is permitted as well as the forwarding of the online-presentation of WALTER SOLUTIONS GROUP to selected agents or consultants or government contacts.
4.7 WALTER SOLUTIONS GROUP and the principal explicitly declare that only fair deals are wanted. Each party observes the relevant applicable laws in each individual case on its own responsibility. The aforesaid applies also to the specific rules and conditions of the relevant national tax law. Furthermore the parties obey the respective applicable commercial and other laws.

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§ 5 Responsibility

5.1 It is explicitly pointed out, that interested parties and customers or marketing partner of WALTER SOLUTIONS GROUP are solely responsible for all of their decisions or actions that they make in reliance upon the usage of the of the website services and its content.
5.2 WALTER SOLUTIONS GROUP has to be notified immediately about the conclusion of a contract regarding a procured or requested commodity or object as to the name and address of the other contractual party.
5.4 The respective seller parties hereby assure WALTER SOLUTIONS GROUP that they are the owner of the respective objects of trade. Prospective buyers on the other side assure that they are entitled to make investments.
5.5 The principal is obligated to inform WALTER SOLUTIONS GROUP immediately and in writing about the conclusion of a contract regarding an object that has been solicited and / or procured by WALTER SOLUTUIONS. Furthermore the principal guarantees to inform WALTER SOLUTIONS GROUP about the real value of the concluded contract.
5.6 All indications about prices are exclusive of Value Added Tax (VAT). In the individual case it might be possible that a transaction is free of VAT due to specific tax law regulations. The quoted prices are deemed to be negotiable and have to be specified in the course of the contractual negotiation by the seller. The buyer is responsible for the determination of possible additional costs e.g. for transport, certification, customs duty and the like. Furthermore it is in the responsibility of the buyer and seller that the conditions of the transaction are compatible with the contract concluded by them and the specific national and international laws throughout the entire period in which transaction is to be executed.
5.7 Links to sites not maintained by WALTER SOLUTIONS GROUP are provided for the convenience of visitors. WALTER SOLUTIONS is not responsible for, nor has it determined if the information on such sites is accurate or the conditions respecting the use thereof. Such links do not constitute sponsorship, endorsement, adoption, or approval of such web sites or their contents by WALTER SOLUTIONS GROUP. The visitor is responsible for determining the conditions of use and taking protective measures against viruses when accessing any linked sites.
5.8 This website may contain various (positive) due diligence and forward-looking statements. Although WALTER SOLUTIONS GROUP believes that the expectations reflected in such statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions including, among other matters: General and regional economic conditions; future growth in the relevant industries; the ability of buyers or investors to complete trade transactions or acquisitions and to effectively integrate the operations of acquired companies; access to sufficient capital to fund the desired company’s growth; development of adequate management infrastructure; departure of key personnel; access to labour; union disruption; competitive factors; government regulations; exposure to environmental and other liabilities; the cyclical and seasonal nature of the relative business; the availability and pricing of raw materials; adverse weather; and general risks related to the industry and markets in which the buyer or investor operates. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. WALTER SOLUTIONS GROUP assumes no obligation to update any such forward looking information.

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§ 6 Confidentiality

6.1 WALTER SOLUTIONS GROUP takes all reasonable, appropriate and legally mandatory steps in order to ensure that personal information are disclosed only to the relevant persons. However, notwithstanding adequate safeguards the internet is an open system, and WALTER SOLUTIONS GROUP can not guarantee that the entered personal information will not be trapped or decoded.
6.2 The contents of offers and requests provided by WALTER SOLUTIONS GROUP are confidential. Therefore neither offers nor requests nor details thereof shall be forwarded to anyone without our consent. If such information is forwarded without our consent the website user is liable for the commission of WALTER SOLUTIONS.
6.3 Potential buyers and sellers as well as WALTER SOLUTIONS GROUP undertake to keep all disclosed information confidential. The information shall be used only for the purpose of the subject matter of this trading platform. Confidential information from buyers or sellers or their mandates or brokers has to be declared as confidential in writing.
6.4. Potential buyers and sellers guarantee to take all measures to safeguard the confidentiality. Furthermore they assure that employees will be provided with disclosed information only if it is necessary with respect to their position and involvement. The respective employees will be notified about the confidential character of the information and the obligations associated herewith.

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§ 7 Trademarks

7.1 The domains WALTER SOLUTIONS, WALTER SOLUTIONS GROUP GROUP, WalterGas, WalterOil and WalterTrade are trademarks.
7.2 In the event that WALTER SOLUTIONS GROUP quotes brands and marks of third parties on this website or in the course of its brokerage activities, then the respective national and international intellectual property rights of these parties are to be observed.

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§ 8 Protection of Sources

8.1 With respect to all information procured by WALTER SOLUTIONS we are given unrestricted and exclusive protection of entitlement to commission. This protection right refers but is not limited to the procurement of sale or purchase commodities or objects, interested parties, clients, brokers as well as other information. In the event that potential buyers or sellers are procured indirectly via a contact that the Broker has procured, the Broker shall also obtain protection of entitlement to commission with respect to these parties. The aforesaid protection rights shall survive the termination of the cooperation. The parties undertake not to enter into own transactions or deals with a party procured by WALTER SOLUTIONS GROUP.
8.3 Contact to protected interested parties, clients, objects and other sources can only be established after consultation with WALTER SOLUTIONS GROUP. For the purpose of the protection of all parties involved WALTER SOLUTIONS GROUP reserves its right to check or let check information given by potential buyers and sellers or their brokers and agents.
8.4 For the purpose of an optimum of transparency the parties agree, that the correspondence with other interested parties shall be mutually exchanged between the principal and WALTER SOLUTIONS GROUP. However, this does not apply to confidential information.
8.5 In the event that one party breaches the aforesaid protection agreement, it is liable to the other party for the damages caused by the breach. In this case the affected party is at least entitled to half of the benefits that the breaching party has obtained due to the breach of its duty.

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§ 9 Commission

9.1 For the successful procurement of an interested party WALTER SOLUTIONS GROUP is entitled to an adequate commission payable by the principal. The broker however will not charge any tax if his services are tax free under German tax law. Apart from that each party bears its own expenses and costs as they may occur.
9.2 WALTER SOLUTIONS GROUP is also entitled to a commission if sellers, buyers or investors procured by WALTER SOLUTIONS increase their payments or capital contributions later or if only parts of the procured object are sold. Furthermore § 9.1 applies also if the principal sells the procured commodity or object or parts of it indirectly to buyers procured by the Broker.
9.3 The entitlement to commission against the principal becomes effective when the procured contract is concluded. The assessment basis for the amount of the respective commission shall be the consideration stipulated in the respective procured contract. The payment of the commission shall be due and payable seven workdays after receipt of payment by the principal.
9.4 The claims of the Broker can only be set off with such counterclaims of the Principal that are undisputed or decided with final, res judicata effect. In the event of a default of payment WALTER SOLUTIONS GROUP entitled to default interest amounting 2 % p.a. above the German basic interest rate.
9.5 The aforementioned commission is also payable if buyers, sellers or investors procured by WALTER SOLUTIONS GROUP transfer payments in kind such as infrastructure, real estate, machines, plants, vehicles, commodities or products to the principal. The aforesaid applies also to the granting of any kind of credits, loans or capital, the assignments of rights and titles as well as any other transfer of assets of value not mentioned here. In such an event the assessment of the commission will be made in accordance to the value of the transferred asset as used in the transaction.
9.6 If contracts are concluded with several buyers or sellers or investors WALTER SOLUTIONS GROUP is entitled to commission on every concluded contract. The commission is also payable if the buyer, seller or investor is a third party, indirectly procured by a contact that the Broker has procured, or parties different from the buyer transfer the respective consideration. If there is any approval by an authority or a notary’s certification required for the execution of the contract or trade, this has no effect on the entitlement to commission.
9.7 In order to prevent a conflict of interests WALTER SOLUTIONS undertakes not to enter into brokerage agreements with potential principals of the respective other side. The Broker guarantees explicitly not to take commissions or fees from the respective other side and first and foremost to represent the interests of its principal.

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§ 10 Miscellaneous

10.1 These General Terms and Conditions are the basis for a subsequent individual agreement. Their term is unlimited. They can be terminated by either party at any time with a termination period of 60 days. The right of termination for grave causes without a termination period remains unaffected. This shall particularly apply if either of the parties beaches this regulation.
10.2 Oral subsidiary agreements with respect to this Agreement have not been concluded. Changes and amendments of this Agreement need to be in writing in order to be valid. WALTER SOLUTIONS GROUP is entitled to participate in certification meetings. Furthermore the principal assures to send WALTER SOLUTIONS GROUP an executed copy of the purchase or sale or investment agreement document.
10.3 WALTER SOLUTIONS GROUP reserves its right at any time to change the terms and conditions and the content of relevant websites or overviews and reports. If any term or condition or agreements hereof or any later agreement based on these terms and conditions is or becomes null and void or is there a regulatory gap, then the validity and effectiveness of all other terms and conditions shall not be impaired.
10.4 Instead of the void term or condition or the regulatory gap, the legally admissible term coming closest to what the involved parties had wished to agree or would have reasonably agreed upon if they had been aware of the nullity or gap shall be deemed agreed.
10.5 Due to the default risk of WALTER SOLUTIONS GROUP these terms and conditions shall be governed and interpreted only according to German Law. Conflict of law provisions shall not apply. Exclusive place of jurisdiction is Hamburg (Germany). Oral subsidiary agreements with respect to terms and conditions have not been concluded.

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