WorldWide Debt Exchange (WDX) offers an Internet based software solution designed to provide the infrastructure to help market the trading of receivables by improving global communications, promotion and distribution.

1. Software/Content. All content included on this site including text, graphics, logos, icons, images and software; and the arrangement and compilation of such content are the property of WorldWide Debt Exchange or its content suppliers and protected by U.S. and international copyright laws. All software used on this site is the property of WorldWide Debt Exchange or its software suppliers and is protected by U.S. and international copyright laws.
2. Provision, Use and Reliability of Data. All data provided to WorldWide Debt Exchange, whether by using this site or otherwise, the user warrants that such data is accurate and current and that he or she is authorized to provide such data. The user recognizes that WorldWide Debt Exchange shall be free to use such data in a manner that includes copying, modifying, and distributing such information to third parties. Similarly, because Sellers and Buyers in the WDX Trading Software are independent entities, the information provided and portrayed or transmitted in or through the WDX Trading Software is not warranted for accuracy or completeness and the reliance on such information as the basis of a purchase or sale by any party is done so at the risk of the participating entity without recourse to WorldWide Debt Exchange, its affiliates or partners. 
3. Proprietary Rights. The WorldWide Debt Exchange trading process, including the company's site and software, are confidential and protected by, proprietary process patents, copyrights, trademarks, trade secret, and other intellectual property rights. Buyers or sellers that wish to review or use the WorldWide Debt Exchange market-making process must execute a written agreement with WorldWide Debt Exchange before such review or use.
    
4. Professionals Only.  By completing the registration, you are representing that you are authorized by the firm you represent to carry out various of the business transactions in the WDX Trading Software.  You further represent that you are a sophisticated entity with the necessary and specific experience to conduct and execute the sale, evaluation and/or collection of distressed, charged-off, performing and other types of receivables that may be listed in the WDX Trading Software.  WDX serves the financial community and is not intended for the use by individual traders without legitimate corporate affiliations in the credit and collection industry. 
    
5. Membership Account Privileges.  If accepted, registered users will be granted a Software User Name and Password to access the Software.  WDX maintains exclusive control of access and right of access.  You understand and agree that WorldWide Debt Exchange personnel may revoke your user privileges at any time without notice or cause if such action for any reason whatsoever.   

6. Rules.

6.1. Access and Interference. The user will not use any device, software, or routine to interfere or attempt to interfere with any application, function, or use of the WDX Trading Software. The user shall not decompile, disassemble, decrypt, extract, reverse engineer, or otherwise attempt to derive the source code of the software (including the tools, methods, processes, and infrastructure) enabling or underlying the WDX Trading Software.

6.2. Bidding. Bids are not retractable except in exceptional circumstance (determined at the discretion of WorldWide Debt Exchange). The user will not engage in collusion with other bidders, shill bidding, or any other type of fraudulent activity. The user will not manipulate the price of any portfolio or interfere with other bidder’s bidding.

6.3. Legal Compliance. The user will comply with all applicable laws, statutes, ordinances, and regulations regarding the user’s use of the WDX Trading Software. The user will not use the WDX Trading Software either directly or indirectly to support any activity that is illegal. The user warrants that no activity for which the user uses the WDX Trading Software will (a) contain any viruses, Trojan horses, worms, time bombs, cancelbots, or other computer programming routines that are intended to damage, detrimentally interfere with, surreptitiously intercept or expropriate any system, data, or personal information; or (b) create liability for WorldWide Debt Exchange or cause WorldWide Debt Exchange to lose (in whole or in part) the services of internet service providers or other suppliers. WorldWide Debt Exchange may investigate complaints against the user, and WorldWide Debt Exchange may refer complaints to law enforcement authorities as it deems appropriate in its sole discretion. The user shall cooperate fully in any such investigation.

6.4. WorldWide Debt Exchange Rights. WorldWide Debt Exchange reserves the right not to sell a portfolio to the highest bidder or any other bidder. WorldWide Debt Exchange reserves the right to end an auction early or extend the time for an auction.

7. Digitally Binding Confidentiality Agreements.  Within the WDX Trading Software, member firms will be asked to agree to certain terms of confidentiality or conduct throughout the Software.  The purpose of having electronic documents is to specifically remind and ensure that member firms protect the confidential nature of any and all information in the Software and to prevent the potential misuse of information by any firm.  You agree that when you digitally agree to a document, such action is binding and legal.  You further understand that certain firms may require additional documentation as supplement to the standard documents provided throughout the WDX Trading Software.
8. Passwords and Security. All users are responsible for maintaining the confidentiality of any password(s) given to access the site or software, and are fully responsible for all activities that occur under such password(s). Users agree to notify WorldWide Debt Exchange immediately of any unauthorized use of their password(s). WorldWide Debt Exchange is concerned about the security of personal information we have collected from you and has taken reasonable steps to prevent unauthorized access to that information.
9. Hyperlinks. WorldWide Debt Exchange may provide hyperlinks to other Internet sites. WorldWide Debt Exchange is not responsible for the availability of such other sites and does not endorse and is not responsible or liable for any content, products, or other materials available on such other sites.
10. Disclaimer. EXCEPT WHERE EXPRESSLY PROVIDED OTHERWISE, THE SITE, AND ALL CONTENT, MATERIALS, INFORMATION, SOFTWARE, PRODUCTS AND SERVICES PROVIDED ON THE SITE, ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WORLDWIDE DEBT EXCHANGE EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. WORLDWIDE DEBT EXCHANGE MAKES NO WARRANTY THAT: (A) THE SITE WILL MEET ALL REQUIREMENTS; (B) THE SITE WILL BE AVAILABLE ON AN UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE BASIS; (C) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SITE OR ANY SERVICES OFFERED THROUGH THE SITE WILL BE ACCURATE OR RELIABLE; OR (D) THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED THROUGH THE SITE WILL MEET ANY OF THE USERS EXPECTATIONS. ANY CONTENT, MATERIALS, INFORMATION OR SOFTWARE DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THE SITE IS DONE AT THE USERS OWN DISCRETION AND RISK. WORLDWIDE DEBT EXCHANGE SHALL HAVE NO RESPONSIBILITY FOR ANY DAMAGE TO THE USERS COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY CONTENT, MATERIALS, INFORMATION OR SOFTWARE. WORLDWIDE DEBT EXCHANGE RESERVES THE RIGHT TO MAKE CHANGES OR UPDATES TO THE SITE AT ANY TIME WITHOUT NOTICE.
11. Limitation of Liability. IN NO EVENT SHALL WORLDWIDE DEBT EXCHANGE BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOSS OF PROFITS, REVENUE, DATA OR USE, INCURRED BY YOU OR ANY THIRD PARTY, WHETHER IN AN ACTION IN CONTRACT OR TORT, ARISING FROM YOUR ACCESS TO, OR USE OF, THE SITE OR SOFTWARE. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY. ACCORDINGLY, SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO ALL.
12. Indemnity. You agree to defend, indemnify and hold harmless WorldWide Debt Exchange, its officers, directors, employees and agents from and against any and all claims, liabilities, damages, losses or expenses, including reasonable attorneys' fees and costs, arising out of or in any way connected with your access to or use of the Site
13. Forward-Looking Statements. Some of the information on the WorldWide Debt Exchange site may contain predictions, projections or other forward-looking statements regarding future. We wish to caution you that such statements are only predictions and that actual events or results may differ materially
14. Jurisdiction/Applicable Laws. All matters relating to your access to, and use of, the site or software shall be governed by U.S. federal law or the laws of the State of Florida. Any legal action or proceeding relating to your access to, or use of, the site or software shall be instituted in a state or federal court in Sarasota, Florida. A joint agree to submit to the jurisdiction of, and agree that venue is proper in, these courts in any such legal action or proceeding.
     
15. Changes or Additions.  Modifications, changes or additions to the these Terms of Use may be made from time to time.  Each registered and accepted user is responsible for monitoring these changes.
16. Contact Information. If there are any questions pertaining to these Terms, Conditions or Disclaimers, users can contact WorldWide Debt Exchange at support@wwde.com.