Terms of Use

Please read the following terms and conditions of use (“Terms of Use”) before using the Parallel Resource Partners, LLC (“Parallel,” “us,” “we” or “our”) website (this “Website”). Your access to and use of this Website is subject to these Terms of Use and all applicable laws and regulations. By accessing and using this Website, you acknowledge that you have read, understood and agreed to these Terms of Use. If you do not agree to these Terms of Use without qualification, you should exit this Website immediately.

These Terms of Use apply to you, your agents and any affiliates who access this Website. You are responsible for taking appropriate action to require your agents and affiliates to comply with these Terms of Use and agree to be responsible and liable for any breach of these Terms of Use by your agents or affiliates.

Parallel reserves the right, at our discretion, to change, modify, add or remove portions of these Terms of Use at any time without notice to you. Therefore, we suggest that you review these Terms of Use periodically for changes. By using our Website after we have posted changes to these Terms of Use, you are agreeing to be bound by these Terms of Use as amended. We expressly reserve the right to monitor any and all use of this Website and may modify or terminate this Website or your access to this Website, without notice at any time and for any reason. Parallel will not treat visitors of this Website as clients solely by virtue of their accessing this Website.

 

General Disclaimers and Limitation of Liability

NOTHING CONTAINED ON THIS WEBSITE CONSTITUTES INVESTMENT, LEGAL OR TAX ADVICE. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED IN THIS WEBSITE CONSTITUTES A SOLICITATION OR OFFER BY PARALLEL OR ANY FUND OR OTHER ENTITY MANAGED DIRECTLY OR INDIRECTLY BY OR AFFILIATED WITH PARALLEL TO BUY OR SELL ANY SECURITIES OR OTHER FINANCIAL INSTRUMENTS. DECISIONS BASED ON INFORMATION CONTAINED ON THIS WEBSITE ARE THE SOLE RESPONSIBILITY OF THE VISITOR.

THE MATERIALS ON THIS WEBSITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND (EITHER EXPRESS OR IMPLIED). THIS WEBSITE MAY BE TEMPORARILY UNAVAILABLE FROM TIME TO TIME DUE TO REQUIRED MAINTENANCE, TELECOMMUNICATIONS INTERRUPTIONS OR OTHER REASONS. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, PARALLEL DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

PARALLEL FURTHER ASSUMES NO RESPONSIBILITY FOR, AND MAKES NO WARRANTIES THAT, FUNCTIONS CONTAINED ON THIS WEBSITE WILL BE UNINTERRUPTED OR ERROR- FREE, THAT DEFECTS WILL BE CORRECTED, THAT INFORMATION WILL BE UPDATED OR THAT THIS WEBSITE OR THE SERVER THAT MAKES IT AVAILABLE WILL BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE INFORMATION, PRODUCTS AND SERVICES PUBLISHED ON THIS WEBSITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS.

THERE ARE INHERENT RISKS IN RELYING ON, USING OR RETRIEVING ANY INFORMATION FOUND ON THIS WEBSITE, AND YOU SHOULD MAKE SURE THAT YOU UNDERSTAND THESE RISKS BEFORE RELYING ON, USING OR RETRIEVING ANY INFORMATION ON THIS WEBSITE. YOU SHOULD EVALUATE THE INFORMATION MADE AVAILABLE THROUGH THIS WEBSITE, AND YOU SHOULD SEEK THE ADVICE OF PROFESSIONALS, AS APPROPRIATE, TO EVALUATE ANY INFORMATION AND MATERIALS.

YOUR USE OF THIS WEBSITE IS AT YOUR OWN RISK. YOU ARE SOLELY RESPONSIBLE FOR ANY DAMAGE TO OR VIRUSES THAT MAY INFECT YOUR COMPUTER SYSTEM, LOSS OF DATA OR ANY OTHER DAMAGE OR LOSS THAT RESULTS FROM YOUR ACCESSING THIS WEBSITE.

IN NO EVENT SHALL PARALLEL BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN ANY WAY CONNECTED WITH OR RELATING TO THE USE OF OR ACCESS TO THIS WEBSITE OR WITH THE DELAY OR INABILITY TO USE THIS WEBSITE, OR FOR ANY INFORMATION, PRODUCTS OR SERVICES OBTAINED THROUGH THIS WEBSITE, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, EVEN IF PARALLEL HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES.

 

Ownership and Restrictions on Use

This Website and all of its content, including, without limitation, all text, graphics, charts, audio, images, data compilations, icons, code, software, trademarks, service marks, trade names, logos and other information, materials, products and services (“Content”), are protected by U.S. and international intellectual property laws, with all rights reserved unless otherwise noted. All Content is the property of or licensed to Parallel. Such content is solely for your personal, non-commercial use. Accordingly, you may not modify, copy, distribute, transmit, post, reproduce, publish, license, create derivative works from, transfer, sell or use for a commercial purpose any Content obtained from this Website. You may  download material displayed on this Website for your personal use provided you also retain all copyright and other proprietary notices contained on the materials. Modification or use of the materials for any other purpose violates Parallel’s intellectual property rights.

You also are prohibited from using any automated means to access this Website for any purpose without our prior written permission. You may not take any action that imposes, or may impose, in our sole discretion, an unreasonable or disproportionately large load on our infrastructure, interfere or attempt to interfere with the proper working of this Website or any activities conducted on this Website or bypass any measures that we may use to prevent or restrict access to this Website. Any rights not expressly granted herein are reserved.

As a condition to your use of this Website, you represent and warrant to, and agree with, Parallel, that you will not use this Website for any purpose that is unlawful or prohibited by these Terms of Use.

 

Password Security and Notification

Certain parts of the Website may be protected by passwords or require a login and may be restricted to authorized users only. You may not obtain unauthorized access to such parts of the Website, or to any other protected materials or information, through any means not intentionally made available by Parallel for your specific use. If you have a password for access to non-public areas of the Website, you are solely responsible for all activities that occur in connection with your password. Accordingly, you should take all reasonable steps to protect the confidentiality of your password. Notify Parallel immediately if you become aware of any disclosure, loss, theft or unauthorized use of your password.

You agree to defend, indemnify and hold harmless Parallel, its parents, subsidiaries and affiliates, and their respective officers, members, partners, employees, agents, distributors and licensees, on demand, from and against any judgments, losses, deficiencies, damages, liabilities, costs, claims, demands, suits, and expenses (including, without limitation, reasonable attorneys’ fees and expenses) incurred in, arising out of or in any way related to any unauthorized or otherwise inappropriate use of any of the content of this Website attributable to you or which occurs through the use of your password.

Parallel may terminate your access to the Website for any reason, without prior notice.

 

Transmissions to and from this Website/Privacy of Your Information

Electronic transmissions to and from this Website may not be encrypted or secure and may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or modified without the knowledge of the sender or the intended recipient. Parallel makes no representations or warranties in relation to electronic transmissions, which are at your sole risk. Parallel shall have no responsibility or liability for any damages arising from such electronic transmissions.

Subject to any applicable terms and conditions set forth in our Privacy Policy, any communication or other material that you send to us through the internet or post on this Website by electronic mail or otherwise, is and will be deemed to be non-confidential and we shall have no obligation of any kind with respect to such information.

Links to Third Party Websites

This Website may contain hyperlinks to websites operated by parties other than Parallel. Parallel does not control, review or monitor any websites linked from or to this Website and following any links to such websites is at your sole risk. Parallel shall have no responsibility or liability for any damages arising from the accuracy, reliability, legality or decency of such third-party websites, or from accessing their content, products or services. Such hyperlinks are provided for your convenience only. Our inclusion of hyperlinks to such websites does not imply any endorsement, representation or warranty of such websites, including, without limitation, any content, products or services accessible through such websites, or any association with their operators.

 

Indemnity

YOU AGREE, AT YOUR OWN EXPENSE, TO INDEMNIFY AND HOLD HARMLESS PARALLEL, ITS PARENTS, SUBSIDIARIES AND AFFILIATES, AND THEIR RESPECTIVE OFFICERS, MEMBERS, PARTNERS, EMPLOYEES, AGENTS, DISTRIBUTORS AND LICENSEES, ON DEMAND, FROM AND AGAINST ANY JUDGMENTS, LOSSES, DEFICIENCIES, DAMAGES, LIABILITIES, COSTS, CLAIMS, DEMANDS, SUITS, AND EXPENSES (INCLUDING, WITHOUT LIMITATION, REASONABLE ATTORNEYS’ FEES AND EXPENSES) INCURRED IN, ARISING OUT OF OR IN ANY WAY RELATED TO YOUR BREACH OF THESE TERMS OF USE OR YOUR ACCESS OR USE OF THIS WEBSITE.

YOU FURTHER ACKNOWLEDGE AND AGREE THAT, IN THE EVENT OF A BREACH OR THREATENED BREACH OF THESE TERMS OF USE, PARALLEL MAY HAVE NO ADEQUATE REMEDY IN MONEY DAMAGES AND, ACCORDINGLY, WILL BE ENTITLED TO AN INJUNCTION AGAINST SUCH BREACH, IN ADDITION TO ANY OTHER LEGAL OR EQUITABLE REMEDIES AVAILABLE TO IT.

 

Jurisdictional Issues and Applicable Law

Unless otherwise specified, the materials in or accessible through this Website are directed at residents of the United States. This Website is controlled and operated by Parallel from its offices within the State of Texas, United States of America. Parallel makes no representation that materials in or accessible through this Website are appropriate or available for use in other locations or that access to them where you are located is not illegal and prohibited. Those who choose to access this Website from other locations do so on their own initiative and are responsible for establishing the legality under any or all applicable jurisdictions and compliance with applicable local laws. You may not use or export the information or materials on this Website in violation of U.S. export laws and regulations. The information provided in or accessible through this Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Parallel to any registration or other requirement within such jurisdiction or country. We reserve the right to limit access to this Website to any person, geographic region or jurisdiction.

These Terms of Use are governed by the laws of the State of Texas, without regard to its choice of law provisions. You hereby consent to the exclusive and personal jurisdiction and venue of courts in the city and county of Dallas, Texas, which shall have exclusive jurisdiction over any and all disputes arising out of or relating to these Terms of Use or the use of this Website. Use of this Website is unauthorized in any jurisdiction that does not give effect to all provisions of these Terms of Use, including, without limitation, this paragraph.

 

General

You agree that no joint venture, partnership, employment or agency relationship exists between you and us as a result of these Terms of Use or use of this Website.

These Terms of Use are subject to existing laws and regulations, and nothing in these Terms of Use is in derogation of our right to comply with legal or regulatory requests or requirements relating to your use of the Website or information provided to or gathered by Parallel.

If any part of these Terms of Use is determined to be invalid or unenforceable pursuant to applicable law including, without limitation, the warranty disclaimers, liability limitations and indemnity obligations set forth above, then the invalid or unenforceable provision shall be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and the remainder of these Terms of Use shall continue in effect.

By reviewing or using the information on this Website after accessing this Website, you represent and warrant that (i) you understand and intend these Terms of Use to be the legal equivalent of a signed and written binding contract, and (ii) you will use the content on the Website in a manner consistent with applicable laws and regulations and in accordance with these Terms of Use, as Parallel may amend them from time to time.

These Terms of Use constitute the entire agreement between you and Parallel with respect to this Website and they supersede all prior or contemporaneous communications and proposals, whether electronic, oral or written, between you and us with respect to this Website.