Buyer Terms of Service
Effective from February 28 2025
INTRODUCTION
The Colossal Platform is a platform enabling Producers of tracks and beats to make available their content for license to
Buyers, who wish to acquire rights / license the content for use in their own productions / tracks or for other
purposes.
These Terms of Service ("Terms") apply to a Buyer's use of the COLOSSAL Platform, as well as the related websites and apps.
They apply to the purchase of a licence to content via a Transaction, but please note that the actual terms of the
licence are contained in the Content Licence as shown in the Exhibit at the end of these Terms (or otherwise notified
to and agreed by you).
By clicking "Accept", "Agree", "Confirm" or other similar button or process during the registration or signup process, or
otherwise agreeing another document or agreement that incorporates these Terms, or otherwise using the
COLOSSAL Platform or related websites or apps, you agree that you are bound by these Terms.
Please read these Terms carefully as they set out your rights and obligations and define a legally binding contract
("Agreement") under which we make the COLOSSAL Platform and related services available to you. You should keep
a copy of these Terms for your records. Please also read our Privacy Policy (https://colossal.fm/privacy-policy). If
you do not agree to these Terms or the Privacy Policy, please do not use the COLOSSAL Platform.
The COLOSSAL Platform is owned and operated by Colossal Sound Limited. We are a company registered in England and
Wales, with number 15022256 and our registered office is 86-90 Paul Street, London, England, United Kingdom,
EC2A 4NE.
In this Agreement we refer to Colossal Sound Limited as COLOSSAL, we, us, our etc. And we refer to you as a Buyer, you,
your etc.
We may update these Terms from time to time. You should regularly check this page to see if any changes have been made.
In relation to updates that materially affect our legal relationship, we will attempt to notify you directly. Ongoing use
following such changes or notification will be deemed acceptance of the changes.
PLEASE NOTE IN PARTICULAR SECTIONS 4 (Transactions/Licences), 6 (Content/Licences), 10 (Warranties), 13 (Indemnities),
14 (Liability) WHICH CONTAIN IMPORTANT PROVISIONS ABOUT RIGHTS, RISK AND LIABILITY.
You can contact us at support@colossal.fm
In this Agreement, unless the contrary intention appears:
"Account" means your registered account as described further in clause 3;
"Agreement" means these Terms of Service together with all schedules, annexes and all other documents referred to
herein, or that we agree with you and which incorporate these Terms;
"Authorised Users" means any person(s) including employees, agents and contractors of the Buyer who are
authorised by the Buyer to use their Account and or the Platform on their behalf;
"Buyer Content" means all materials, text, pictures, images, sound, graphics, video, data, information or other
content or activity supplied, made available, published, performed, displayed or provided by the Buyer in whatever
form in connection with use of the Platform including via the Profile, including the production that is created by the
Buyer incorporating the Producer Content under the Content Licence;
"Community and Content Rules" means the rules and policies relating to behaviours, acceptable use and acceptable
content that we may publish and update from time to time on the Platform;
"Content Licence" means the legal licence between Buyer and COLOSSAL detailing the rights granted and usage
permitted / restricted in relation to the relevant Producer Content dealt with under a Transaction, in accordance
with the various options for which are enabled via the Platform, as set out in the Exhibit at the end of these Terms
(or otherwise notified to and agreed by you);
"Intellectual Property Rights" means all intellectual property rights, howsoever arising and in whatever media,
whether or not registered or capable of registration, including copyright, database rights, confidential information,
patents, trademarks, service marks, trade names, design rights, moral rights, business names, domain names and
other similar rights and any applications for the protection or registration of these rights and all renewals and
extensions thereof throughout the world;
"Laws" means any applicable legislation, regulation, by law, ordinance, subordinate legislation, code of practice,
published guidance and other requirements of any relevant government or governmental agency;
"Licence Fees" means the licence fees as payable by a Buyer under a Transaction in relation to the Content Licence;
"Licence Fees and Payments Policy" means the COLOSSAL process and policy relating to the determination of the
Licence Fee, payment of Licence Fee payments from Buyers, and other related financial matters such as cancellation
and refunds that we publish and update from time to time available here;
"Platform" means the COLOSSAL platform via which the Producer Content is made available, and all versions,
amendments and improvements thereto and/or any other software, tools, methods, models, know how, code,
functionality or other elements owned or developed by COLOSSAL including during the provision of the related
services;
"Platform Data" means all usage and/or statistical, analytical or other data, information, learnings or know how
related to and/or derived from the use of the Platform and the Producer Content by sellers, buyers and/or other
Users;
"Producer(s)" means the producer or musician users of the Platform who make available Producer Content on the
Platform in order for COLOSSAL to enter into a Transaction and Content Licence directly with you;
"Producer Content" means all tracks, beats, music, recordings, compositions, performances, text, pictures, images,
sound, graphics, video, data, information or other content or materials supplied, made available, published,
displayed or provided by the Producer in whatever form in connection with the Platform;
"Profile" means any profile information about you that you provide within the Platform; "Term" means the term of
the Agreement as provided for in clause 15;
"Transaction" means any payment action entered into between Buyer and COLOSSAL on or through the Platform for
a Content Licence in relation to any Producer Content;
"User" means any Buyer, Producer or other user of the Platform;
"Working Day" means any day other than a Saturday, a Sunday or a day which is a public or bank holiday in England
and Wales.
1.1. In this Agreement, unless the context otherwise requires:
(a) words importing a gender include any other gender;
(b) words in the singular include the plural and vice versa;
(c) a reference to a person shall include a company, partnership, joint venture, association, corporation or other
body corporate;
(d) a reference to any Law or standard shall include a reference to that Law or standard as amended, extended,
consolidated or re-enacted from time to time;
(e) a reference to a document shall include all authorised amendments, supplements to and replacements to
that document;
(f) a reference to the parties shall include their permitted successors and assigns;
(g) where a word or a phrase is given a particular meaning, other grammatical forms of that word or phrase
shall have corresponding meanings; and
(h) the words 'include', 'including', 'for example' or similar words shall be construed as illustrative and without
limitation to the generality of the related words.
1.2. The headings are inserted for convenience only and shall not affect the construction of this Agreement.
1.3. Unless otherwise stated a reference to a clause or a schedule or a party is a reference to a clause in or a schedule to
or a party to this Agreement.
2. PLATFORM ACCESS
2.1. Subject to approval by us of your Account registration, COLOSSAL grants you a non-exclusive, non-transferable right
to access and use the Platform as a Buyer, in accordance with the permissions, restrictions and other details set out
here and on the Platform, solely for your own use, and subject to the terms and conditions of this Agreement.
2.2. Any access to and/or use of any Producer Content prior to entering into a Transaction, is purely for the purposes of
review and assessment of the Producer Content, and you are strictly prohibited from any making or enabling
publication or distribution of any production or other use of the Producer Content without entering into a
Transaction which will then be subject to the Content Licence.
2.3. We may update the details or functionality of the Platform from time to time, and you should regularly check the
Platform to see if any changes have been made. In relation to updates that materially affect the Platform
functionality, we will attempt to notify you with at least 15 days' notice. Ongoing use following such changes or
notification will be deemed acceptance of the changes. If you do not want to continue with the Agreement following
any changes, please notify us.
3. ACCOUNTS AND PROFILES
3.1. In order to use the Platform as a Buyer, you must apply to register and create a Buyer Account and Profile. Before
your Account is activated, we reserve the right to verify your identity, and may accept or reject your registration at
our discretion.
3.2. To use the Platform you must be at least 13 years of age. If you are between 13 and 18 years of age you must have
permission and consent of a parent or legal guardian.
3.3. If you are registering, creating an Account or Profile and/or otherwise using the Platform on behalf of a company or
other body or organisation, or on behalf of or as a representative for a third party, you confirm that you have the
authority to act on their behalf and to bind them legally.
3.4. The registered entity / Account owner is solely responsible for providing (and keeping updated) true, accurate and
lawful information under its Account and Profile. The registered entity / Account owner will be responsible for any
use of the Account or activity on the Platform through the Account and/or through use of the login or password
including by any Authorised Users or otherwise.
4. COLOSSAL PLATFORM / TRANSACTIONS AND CONTENT LICENCES
4.1. The Platform enables Producers to make available, publish, perform and /or display their Producer Content on the
Platform, and permit COLOSSAL to sublicense such content under Transactions and Content Licences with Buyers.
When Buyers enter into a Transaction, they are entering into a contract and Content Licence directly with COLOSSAL.
4.2. Notwithstanding any access to and/or use of the Producer Content, for the purposes of review and assessment of the
Producer Content or otherwise, you are required to enter into a Transaction before any formal use of the Producer
Content is made, and you are strictly prohibited from any activity which involves any publication or distribution or
otherwise of the Producer Content or the production within which Producer Content has been used, without first
entering into a Transaction which will be subject to the Content Licence terms.
4.3. The terms of the licence agreement between the COLOSSAL and Buyer for use of the Producer Content following a
Transaction are set out in the Content Licence as shown in the Exhibit to these Terms (or otherwise notified to and
agreed by you). Certain options in relation to the Content Licence, as enabled via the Platform, may be available for
the Buyer to acquire in relation to each item of Producer Content.
4.4. For the avoidance of doubt, these terms do not apply when a Producer makes available content via a direct drop to
buyers, and such arrangements will have their own direct drop content licences.
5. LICENCE FEES / PAYMENTS FROM BUYERS TO COLOSSAL
5.1. COLOSSAL will collect payment of the relevant Licence Fees related to the Transactions from the Buyers in
accordance with the Licence Fees and Payments Policy, which also detail our cancellation and refund provisions.
5.2. In the event that the Transaction is not successfully completed, is reversed or cancelled, or the Licence Fees are
otherwise not received or are refunded, the Content Licence will be automatically and immediately terminated and
deemed null and void.
5.3. The sums payable to COLOSSAL under a Transaction may be inclusive or exclusive of VAT or other sales tax, as stated
at the time of the Transaction, and such sales taxes may be payable in addition to the sum in question at the rate and
in the manner prevailing at the relevant tax point.
6. BUYER CONTENT – OWNERSHIP, LICENCES TO COLOSSAL, AND BUYER WARRANTIES
6.1. You as a Buyer may have the opportunity to interact with other Users, or to submit feedback, views, comments or
other content to the Platform, including the production that is created by the Buyer using the Producer Content
under the Content Licence – this is known as your Buyer Content. COLOSSAL does not claim ownership of any
content that you submit or make available on or through the Platform. The Buyer shall remain the owner of, and at
all times responsible for, all Buyer Content (save for the Producer Content), and to the extent necessary merely
licenses any rights required by COLOSSAL in order for COLOSSAL to operate the Platform.
6.2. The Buyer grants COLOSSAL, only to the extent necessary to operate the Platform, the right and licence to use such
Buyer Content, as the Buyer makes available on or creates / produces via the Platform, in relation to the Platform
and related services, including in relation to promotion of the Platform / COLOSSAL either on or off the Platform. The
licence includes the non-exclusive, royalty-free, transferable, sub-licensable, worldwide licence to copy, host, store,
use, reproduce, modify, publicly perform, display, communicate, transmit, make available, distribute and create
derivative works of your Buyer Content for the purposes of operating and promoting the Platform and as otherwise
set out in this Agreement (consistent with any privacy and other settings within the Platform). You further grant us a
non-exclusive, royalty-free, transferable, sub-licensable, worldwide license to use your name, image, voice, and
likeness to identify you as the Buyer and/or the source of any of your Buyer Content including in promotion as above.
6.3. The Buyer is responsible for obtaining and paying for any required licenses, clearances or other permissions in
relation to any Buyer Content (subject to as separately granted under a Content Licence) and related Intellectual
Property Rights and the use of the same via the Platform.
6.4. COLOSSAL reserves the right to remove or block Buyer Content from the Platform, and/or suspend the Buyer
Account from the Platform, in the event that in its reasonable opinion it breaches the terms of this Agreement
and/or pending resolution of any third party claim relating to any Buyer Content.
7. COPYRIGHT CLAIMS, MODERATION AND COLOSSAL COMMUNITY AND CONTENT RULES
7.1. It is our policy not to permit materials that are known by us to infringe another party's copyright to remain on the
Platform. If you believe that your intellectual property rights are being infringed by an item or content on the
Platform, please notify us via support@colossal.fm
7.2. We aim to create a safe and welcoming community and require all Users to follow any COLOSSAL Community and
Content Rules that we may publish and update on the Platform from time to time.
7.3. We are not responsible for any Buyer content or the actions or behaviours of other Users. We do not endorse any
opinion of others that may be expressed on the Platform. We make no warranties or representations, express or
implied, about any User content, including as to its legality or accuracy.
7.4. We may implement technology systems to attempt to automatically filter content and look for certain words such as
profanities, but do not guarantee that we will systematically or successfully review content submitted by you or
other Users.
7.5. We reserve the right, in our sole discretion (but have no obligation), to refuse to post or to remove or edit any User
content, or to restrict, suspend, or terminate access to all or any part of the Platform, particularly where content
breaches these Terms and we may do this with or without giving you any prior notice.
7.6. If you believe any content is inappropriate, please notify us via support@colossal.fm
8. LINKS AND THIRD PARTY SITES
8.1. The Platform and/or the content may contain links to third party websites and services which are not under our
control. If you decide to visit any third party site or use a third party service, you do so at your own risk. We are not
responsible for the content, accuracy or opinions expressed on such websites or services. Links do not imply that the
Platform is affiliated to or associated with such sites or services.
8.2. Your browsing and interaction on any other website or your use of other services, including websites and services
which have a link to or from the Platform, is subject to that operator's own rules and policies. Please read those rules
and policies before proceeding.
9. COLOSSAL'S OBLIGATIONS AND WARRANTIES
9.1. COLOSSAL will provide the Platform with reasonable skill and care and in accordance with good industry practice.
9.2. COLOSSAL warrants and represents that:
(a) it has full right, power and authority to enter into this Agreement;
(b) it will comply with all applicable Laws with respect to its activities under this Agreement.
9.3. If you are acting as a business rather than a consumer, save as expressly set out in this Agreement, all other
conditions, warranties or other terms which might have effect between the parties or be implied or incorporated into
this Agreement whether by statute, common law or otherwise, are hereby excluded to the fullest extent permitted
by law, including, without limitation, any implied conditions, warranties or other terms as to satisfactory quality and
fitness for purpose.
9.4. In any event, COLOSSAL:
(a) does not warrant that the Buyer's use of the Platform and/or related services will be uninterrupted or
error-free; and
(b) is not responsible for any delays, delivery failures, or any other loss or damage resulting from the transfer of
data over communications networks and facilities, including the internet, and the Buyer acknowledges that
the Platform and/or related services are dependent on various third party networks, platforms, services and
infrastructures, and as such COLOSSAL can give no guarantee of availability or functionality, and the
Platform and/or related services may be subject to limitations, delays and other problems inherent in the
use of such communications facilities and third party networks, platforms, services and infrastructures; and
(c) if you are acting as a business rather than a consumer, makes no warranties or other assurances that the
Platform and/or related services will meet the Buyer's requirements or produce any specific business
benefits, have any particular effectiveness nor create any revenue or other benefits.
10. BUYER'S WARRANTIES AND FURTHER OBLIGATIONS / RESTRICTIONS
10.1. The Buyer warrants and represents:
(a) it has full right, power and authority to enter into this Agreement;
(b) it has all the rights, licences, permits, approvals and clearance of third party rights as required by the Laws
and as are necessary to perform its obligations under this Agreement including the supply, licence and use
of any Buyer Content;
(c) it accepts responsibility for the selection of the Platform to achieve its intended results;
(d) it will and any Buyer Content (subject to any Producer Content incorporated) will comply with all applicable
Laws with respect to its activities under this Agreement;
(e) the Buyer Content (subject to any Producer Content incorporated) will not infringe the statutory, common
law, or Intellectual Property Rights or any other right, title or interest, of any third party;
(f) the Buyer Content (subject to any Producer Content incorporated) will not, (nor shall the Buyer otherwise
use the Platform in a way that could) be unlawful, harmful, threatening, defamatory, obscene, indecent,
infringing, discriminatory, hateful, abusive, harassing, racially or ethnically offensive, facilitate illegal activity,
promote unlawful violence, or be in breach of any confidentiality; and
(g) the Buyer Content (subject to any Producer Content incorporated) and actions of the Buyer, including all
content submitted to or displayed via your Profile, will not otherwise be in breach of any COLOSSAL
Community and Content Rules that we may publish and update on the Platform from time to time.
10.2. The Buyer shall:
(a) not provide access to the Platform other than to its Authorised Users and will procure that each Authorised
User keeps secure the password and account details for their use of the Platform, and that such password is
kept confidential;
(b) ensure that the Authorised Users, are notified of the relevant terms and conditions, rules or restrictions
relating to their usage and access of the Platform and/or related services, and in any event that they use the
Platform in accordance with the terms and conditions of this Agreement, and the Buyer shall be responsible
for any Authorised User's breach of this Agreement;
(c) ensure that it takes all necessary steps to prevent any unauthorised access to, or use of, the Platform and
notify COLOSSAL immediately of any such unauthorised access or use.
10.3. The Buyer shall not and shall not permit any third party to:
(a) attempt to copy, adapt, decompile, disassemble, reverse engineer or otherwise reduce to
human-perceivable form all or any part of the Platform, except as may be allowed by any applicable law
which is incapable of exclusion by agreement between the parties;
(b) access the Platform in order to build a product or service which competes with the Platform and/or the
related services;
(c) make any formal use of the Producer Content, including that which involves any publication or distribution
or otherwise of the Producer Content or the production within which Producer Content has been used,
without first entering into a Transaction which will be subject to the Content Licence terms;
(d) resell or sublicense the Producer Content (other than pursuant to and subject to the terms of the Content
Licence), or otherwise use the Platform and/or related services to provide services to third parties, unless
otherwise specifically agreed in writing.
10.4. If you are acting as a business rather than a consumer, Buyer shall obtain and maintain the insurance as is necessary
to cover its liabilities under this Agreement and as required by law with a reputable insurer and provide details and
evidence of the insurance to COLOSSAL on request during the Term.
11. INTELLECTUAL PROPERTY RIGHTS
11.1. The Buyer acknowledges and agrees that COLOSSAL and/or its licensors own all Intellectual Property Rights in the
Platform and Platform Data. Except as stated in this Agreement COLOSSAL does not grant the Buyer any rights in
respect of the Platform and/or Platform Data or any related documentation.
11.2. COLOSSAL acknowledges and agrees that the Buyer and/or its licensors own all Intellectual Property Rights in the
Buyer Content, save for the avoidance of doubt in any elements relating to the Platform and Platform Data. Except as
necessary to operate the Platform or as stated in this Agreement the Buyer does not grant COLOSSAL any rights in
respect of the Buyer Content.
12. CONFIDENTIALITY
12.1. Neither party shall without the consent of the other during the term of this Agreement or following its termination
use the other party's "Confidential Information" (meaning all information in any form which is secret or not publicly
available either in its entirety or in part including commercial, financial, marketing, or technical information, know
how, trade secrets, business methods and other information in any form, and any reproductions of such information
in any form or any part(s) of this information) for any purpose other than as strictly necessary in connection with this
Agreement, nor disclose to any other person unless necessary for the performance of obligations under this
Agreement.
12.2. Any party disclosing Confidential Information in accordance with the above clause shall procure that the person to
whom such information is disclosed is made aware of the obligations of confidentiality under this Agreement and
complies with those obligations as if it were a party to this Agreement.
12.3. The confidentiality restrictions do not apply to Confidential Information:
(a) which is in or comes into the public domain other than through breach of this Agreement;
(b) insofar as it comes lawfully into the possession of the recipient party from a third party;
(c) which the recipient party can prove was already known to it before its receipt from the providing party;
(d) to the extent that it is required to be disclosed by law or the requirements of any recognised stock
exchange, or authority of competent jurisdiction to whose rules the party making the disclosure is subject,
whether or not having the force of law.
12.4. The Buyer acknowledges that details of this Agreement, Licence Fees, Platform and/or the related services, are the
Confidential Information of COLOSSAL.
13. INDEMNITIES / LIABILITY
13.1. The Buyer will fully indemnify COLOSSAL from and against any and all losses, damages, claims, costs and expenses
(including reasonable external legal expenses) suffered or incurred by or awarded against COLOSSAL for any claims or
actions as a result of or in connection with any breach by the Buyer of this Agreement, and in any event in relation to
the Buyer Content (subject to any Producer Content incorporated) made available on the Platform.
13.2. Each Party will fully indemnify the other from and against any and all losses, damages, claims, costs and expenses
(including reasonable external legal expenses) suffered or incurred by or awarded against the other as a result of or
in connection with any breach by the other of clause 12 (Confidentiality)
13.3. In all cases the indemnified party agrees to:
(a) promptly notify the indemnifying party of any allegation of infringement which comes to its attention and
give the indemnifying party all reasonable assistance;
(b) make no admission relating to any infringement or alleged infringement; and
(c) allow the indemnifying party to conduct and settle all negotiations and proceedings, save that the
indemnifying party may not conclude settlement of any negotiations and proceedings which may have a
material effect (whether financial, practical or in terms of reputation) on the indemnified party without the
indemnified party's prior written consent which will not be unreasonably withheld.
14. LIMITATION OF LIABILITY
14.1. If COLOSSAL fails to comply with the terms of this Agreement, we are responsible for loss or damage you suffer that
is a foreseeable result of our breaching this contract or our failing to use reasonable care and skill, but we are not
responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if either it is obvious that it
will happen or if, at the time the contract was made, both we and you knew it might happen.
14.2. Nothing in this Agreement shall in any way exclude or limit either party's liability for death or personal injury caused
by negligence, or for fraud or fraudulent misrepresentation, or for any other liability which may not be excluded by
law.
14.3. Subject to clause 14.2, if you are acting as a business rather than a consumer, neither party will be liable, whether in
contract, tort (including negligence), breach of statutory duty, or otherwise, for any of the following losses or damage
(whether or not such losses or damage were direct, foreseen, foreseeable, known or otherwise) howsoever arising in
respect of any:
(a) special, indirect, incidental or consequential loss or damage;
(b) loss of actual or anticipated profits;
(c) loss of business or contracts;
(d) loss of revenue or of the use of money;
(e) loss of anticipated savings;
(f) loss of goodwill; and/or
(g) loss of data,
arising out of or in connection with this Agreement.
14.4. Subject to clause 14.2, if you are acting as a business rather than a consumer, COLOSSAL's total aggregate liability
arising out of, or in connection with this Agreement whether in contract, tort (including negligence), breach of
statutory duty, or otherwise, shall not exceed the greater of:
(a) £500 (five hundred pounds); or
(b) the amount equivalent to the Licence Fees paid by the Buyer under the particular Transaction.
15. TERM AND TERMINATION
15.1. This Agreement shall commence on the date your registration on the Platform is approved by COLOSSAL and shall
continue until terminated by either party on written notice (within the process provided in the Account) or as
provided herein.
15.2. Either party (the "Terminating Party") may terminate this Agreement immediately by giving written notice to the
other (the "Defaulting Party") if:
(a) the Defaulting Party is in material breach of any provision of this Agreement which is not remediable or, if
remediable, is not remedied with a period of 5 Working Days after the Terminating Party has given notice to
the Defaulting Party requiring such breach to be remedied;
(b) the Defaulting Party's financial position is such that either the Defaulting Party, its directors, shareholders or
creditors take or are entitled to take steps to institute formal insolvency proceedings with respect to the
Defaulting Party of a type provided for by the Insolvency Act 1986 (or any similar or analogous legislation,
whether under English law or otherwise), including without limitation administration, liquidation,
administrative receivership, receivership, voluntary arrangement, scheme of arrangement or bankruptcy, or
if the Defaulting Party is unable to pay its debts within the meaning of section 123 of the Insolvency Act
1986.
15.3. On termination of this Agreement for any reason:
(a) all licences and permissions granted hereunder in relation to your access to and use of the Platform shall
immediately terminate, although for the avoidance of doubt all Content Licences already granted to the
Buyer will continue to be valid and effective;
(b) the Buyer shall make no further use of the Platform and other items (and all copies of them) belonging to
COLOSSAL;
(c) COLOSSAL may destroy or otherwise dispose of any of the Buyer Content in its possession;
(d) the accrued rights of the parties as at termination, or the continuation after termination of any provision
expressly stated to survive or implicitly surviving termination, shall not be affected or prejudiced; and
(e) Buyer shall promptly pay all undisputed Licence Fees related to the period prior to termination.
16. FORCE MAJEURE
16.1. Neither party shall have any liability or be deemed to be in breach of this Agreement for any delays or failures in
performance of this Agreement which result from circumstances beyond the reasonable control of that party
including, without limitation, any of the following: a) an act of God, flood, storm, drought, earthquake, or other
natural disaster; (b) adverse weather conditions; (c) any cause or event arising out of or attributable to war, civil
commotion or terrorist activity (or threat thereof); (d) any law, or any governmental order, rule or regulation; (e) fire
or explosion; (f) labour dispute including strikes, industrial action, lockouts or boycott; (g) a shortage of raw
materials; (h) power outages, blockages, or internet or telecoms failure; and (i) any epidemic or pandemic and
compliance with any applicable governmental guidelines designed to prevent the spread of the relevant disease. The
party affected by such circumstances shall promptly notify the other party in writing when such circumstances cause
a delay or failure in performance and when they cease to do so.
16.2. If an event of force majeure occurs and lasts for more than 30 days either party may give written notice to the other
to terminate this Agreement and neither party will have any liability to the other except that the Buyer will remain
liable for any unpaid fees.
17. WAIVER
The failure or delay by either party in any one or more instances to insist upon strict performance or observance of
any one or more of the terms of this Agreement or to exercise any remedy, privilege or right provided by law or
under this Agreement shall not be construed as a waiver of any breach or right to enforcement of such terms or to
exercise such remedy, privilege or right.
18. SEVERANCE
If any part of this Agreement is found by any court or competent authority to be illegal, void or unenforceable then
that part shall be deemed not to be a part of this Agreement and the enforceability of the remainder of this
Agreement shall not be affected.
19. ASSIGNMENT AND SUBCONTRACTING
Neither party shall, without the prior written consent of the other, assign, transfer, charge, sub-contract or deal in
any other manner with all or any of its rights or obligations under this Agreement.
20. VARIATION
This Agreement may not be varied except by an instrument in writing signed by the authorised representatives of all
the parties to this Agreement.
21. RELATIONSHIP BETWEEN THE PARTIES
Nothing in this Agreement shall be deemed to constitute a partnership or joint venture or contract of employment
between the parties nor constitute either party the agent of the other.
22. RIGHTS OF THIRD PARTIES
This Agreement does not confer any rights on any person or party (other than the parties to this Agreement and,
where applicable, their successors and permitted assigns) pursuant to the Contracts (Rights of Third Parties) Act
1999.
23. PUBLICITY
23.1. Neither party shall make or issue any announcement or public circular relating to the subject matter of this
Agreement without the prior written approval of the other.
23.2. However, COLOSSAL may use the name of Buyer and samples of the services provided by COLOSSAL as a factual
reference to the fact that the Buyer is or was a User of the Platform, on its website and in pitch materials.
24. NOTICES
24.1. Each notice or other communication to be given under this Agreement shall be given in writing in English and, unless
otherwise provided, shall be made by courier, recorded delivery or email.
24.2. Notices or communications sent by courier or recorded delivery will be deemed to be served two (2) Business Days
following the day of dispatch. Notices or communications sent by email will be deemed to be served on the day of
transmission if transmitted before 4.00 pm on a Business Day, but otherwise on the following Business Day, unless
there is evidence of non-delivery.
25. ENTIRE AGREEMENT
25.1. This Agreement, and any documents explicitly referred to in it, constitute the whole agreement between the parties
and supersede any previous arrangement, understanding or agreement between them relating to the subject matter
they cover and/or any purchase order terms.
25.2. Each of the parties acknowledges and agrees that in entering into this Agreement it does not rely on any
undertaking, promise, assurance, statement, representation, warranty or understanding (whether in writing or not)
of any person (whether party to this Agreement or not) relating to the subject matter of this Agreement, other than
as expressly set out in this Agreement.
26. GOVERNING LAW AND JURISDICTION
This Agreement and any disputes relating to it will be governed by and construed in accordance with English law and the parties submit to the exclusive jurisdiction of the English courts for such purposes.
Exhibit 1
Marketplace License Agreement
https://colossal.fm/license-agreement