Terms & Conditions

1.1. "Platform" means the LexNova ValGen business valuation platform, owned and operated by LexNova SA (Pty) Ltd ("LexNova", "we", "us", "our"). 1.2. "User" or "Consultant" means a registered individual who accesses and uses the Platform to perform business valuations. 1.3. "Valuation Report" means any business valuation report generated through the Platform. 1.4. "Services" means the business valuation tools, AI-powered analysis, report generation, and related functionality provided through the Platform.

2.1. Access to the Platform requires a valid registered account with a verified email address and password. 2.2. Accounts are strictly personal; account-sharing is prohibited and may result in suspension or cancellation. 2.3. You are responsible for maintaining the confidentiality of your account credentials and for all activities conducted under your account. 2.4. You must provide accurate, current and complete information during registration and keep your account information up to date.

3.1. The Platform provides tools to assist qualified business consultants in performing business valuations. The AI-powered features are intended to support, not replace, professional judgement. 3.2. Valuation Reports generated through the Platform are based on data provided by the User. LexNova does not independently verify the accuracy or completeness of User-provided data. 3.3. Users are solely responsible for reviewing, validating and approving all valuation outputs before presenting them to clients or third parties. 3.4. The Platform references South African regulatory standards (IFRS, Companies Act 71 of 2008, JSE Listings Requirements, IVS) for informational purposes. Users must independently verify regulatory compliance for their specific use case.

4.1. All content on the Platform — including valuation models, report templates, algorithms, graphics, logos, code and documentation — is the exclusive property of LexNova SA (Pty) Ltd or its licensors. 4.2. You may not copy, reproduce, distribute, modify, reverse-engineer or create derivative works of any part of the Platform without our prior written consent. 4.3. Valuation Reports generated for your clients remain your property, however the underlying templates, methodologies and branding elements remain the intellectual property of LexNova.

5.1. All content, tools and valuation outputs are provided "as is" for professional use. LexNova is not a registered auditing firm, financial advisory service, or law firm and does not provide legal, financial or tax advice. 5.2. To the fullest extent permitted by South African law, LexNova disclaims all liability for any loss, damage or costs arising from reliance on Platform outputs, including but not limited to valuation inaccuracies, regulatory non-compliance, or business decisions based on Platform-generated reports. 5.3. LexNova shall not be liable for any indirect, incidental, special, consequential or punitive damages resulting from your use of or inability to use the Platform.

You agree to indemnify and hold harmless LexNova SA (Pty) Ltd and its officers, directors, employees and agents from any claim, loss, liability, expense or damage (including reasonable legal fees) arising from your breach of these Terms, your use of the Platform, or any Valuation Report you generate and distribute.

7.1. We may suspend or terminate your access for violation of these Terms, including misuse of Platform features, fraudulent activity, or copyright infringement. 7.2. Upon termination, your access to active projects and reports may be restricted. We recommend exporting your data regularly.

These Terms are governed by the laws of the Republic of South Africa. Any dispute arising from or relating to these Terms or your use of the Platform will be subject to the exclusive jurisdiction of the courts of the Western Cape, South Africa.

9.1. Variation: We reserve the right to amend these Terms at any time. Updated Terms will be posted on the Platform with a new effective date. Continued use constitutes acceptance. 9.2. Severability: If any provision is found to be unenforceable, the remainder shall continue in full force and effect. 9.3. Electronic Communications: In terms of the Electronic Communications and Transactions Act (ECTA) 25 of 2002, no binding agreement shall be concluded by electronic communication unless expressly stated in a separate formal agreement. 9.4. Contact: For queries regarding these Terms, please email [email protected] or call +27 66 233 9960.