Terms of Service

1. Introduction

These Terms of Service (“Terms”) govern access to and use of the website, secure portal, and digital systems operated by Sand Lab L&M Group LLC (“Sand Lab”, “Company”, “we”, “our”, or “us”).

By accessing or using this platform, you agree to be legally bound by these Terms.

This platform is intended exclusively for business-to-business (B2B) use by qualified entities and authorized representatives.

2. Nature of Services

Sand Lab operates as a facilitator, mandate, and/or intermediary in the sourcing, structuring, and execution of transactions involving refined petroleum products.

Nothing on this platform constitutes:

• A binding offer
• A guarantee of product availability
• A financial, legal, or investment advisory service

All transactions are subject to separate contractual agreements (including but not limited to SPA, SCO, CI, or related documents).

3. Eligibility

By using this platform, you represent and warrant that:

• You are acting on behalf of a legally registered entity
• You have full authority to represent such entity
• You are not subject to sanctions, embargoes, or legal restrictions
• You comply with all applicable international trade laws

We reserve the right to deny access or terminate use at our discretion.

4. Account Access and Security

Access to secure areas of the platform is restricted. Users agree to:

• Maintain confidentiality of login credentials
• Use the platform only for authorized purposes
• Notify the Company of any unauthorized access

Sand Lab shall not be liable for losses arising from compromised credentials.

5. Use of Platform

Users may only use the platform for legitimate commercial purposes related to energy trading. Prohibited activities include:

• Unauthorized data extraction or scraping
• Misrepresentation of identity or authority
• Submission of false or misleading information
• Circumvention of Company procedures
• Use of the platform for unlawful purposes

6. Commercial Process Disclaimer

All transactions follow structured procedures, which may include:

• LOI / ICPO submission
• SCO issuance
• SPA negotiation and execution
• Verification procedures
• Product lifting and delivery

Sand Lab does not guarantee transaction completion, pricing stability, or availability of product. All commercial risk remains with the contracting parties.

7. No Broker Circumvention

Users agree not to:

• Circumvent Sand Lab in any transaction introduced through the platform
• Engage directly with suppliers, buyers, or intermediaries introduced by the Company without authorization

Violation of this clause may result in legal action and financial liability.

8. Confidentiality

All information accessed through the platform is confidential. Users agree:

• Not to disclose any documents or data
• Not to reproduce or distribute materials
• To use information strictly for authorized transactions

Confidentiality obligations survive termination of platform use.

9. Intellectual Property

All content, systems, workflows, and documentation on this platform are the property of Sand Lab. Users may not:

• Copy or reproduce content
• Reverse engineer systems
• Use materials for external purposes

10. Third-Party Services

Sand Lab may engage third parties, including inspection companies, logistics providers, and financial institutions. The Company is not responsible for the actions, performance, or failures of such third parties.

11. Limitation of Liability

To the fullest extent permitted by law, Sand Lab shall not be liable for:

• Indirect or consequential damages
• Loss of profits or business opportunities
• Transaction failures or delays
• Errors in third-party documentation

All services are provided “as is” and “as available.”

12. Indemnification

Users agree to indemnify and hold harmless Sand Lab from any claims, damages, or liabilities arising from:

• Misuse of the platform
• Violation of these Terms
• Breach of applicable laws or regulations

13. Compliance and Regulatory Obligations

Users must comply with:

• International trade laws
• Anti-money laundering (AML) regulations
• Know Your Customer (KYC) requirements
• Sanctions and export control laws

Failure to comply may result in immediate termination of access.

14. Termination

Sand Lab reserves the right to suspend or terminate access, remove users, or cancel platform functionality at any time, without prior notice, for any reason deemed necessary.

15. Data and Records

All platform activity may be recorded and monitored for compliance, security, and audit purposes. Such records may be used in legal or regulatory proceedings.

16. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Texas, United States.

17. Dispute Resolution

Any disputes arising under these Terms shall be resolved through negotiation in good faith. If unresolved, disputes shall be subject to jurisdiction in Texas courts.

18. Modifications

Sand Lab reserves the right to modify these Terms at any time. Continued use of the platform constitutes acceptance of updated Terms.

19. Contact

Sand Lab L&M Group LLC

1317 N FM 509, Harlingen, TX 78550, USA

Email: info@sandlablmgroup.com