CO-PROMOTION PLATFORM TERMS
ИП Алексанян Гайк Давидович (Individual Entrepreneur Aleksanyan Gaik Davidovich)
Effective Date: 9 October 2026 Version: 1.0
1. SCOPE
These Co-Promotion Platform Terms (the "Terms") govern the use of the co-promotion facility of the platform operated by ИП Алексанян Гайк Давидович (Individual Entrepreneur Aleksanyan Gaik Davidovich) ("Tonik") at tonik.events (the "Platform"), under which two event organisers (the "Main Promoter" and the "Co-Promoter", together the "Parties") jointly sell one event. They form part of the Terms of Service and bind each Party from the moment that Party accepts them — the Main Promoter when creating a co-promotion deal, the Co-Promoter when signing it.
2. WHAT THE FACILITY IS
- A co-promotion deal names the Co-Promoter beside the Main Promoter in the event's seller-of-record line, opens the Co-Promoter's local payment methods on the event checkout, and settles those sales to the Co-Promoter's own payment account.
- The commercial terms between the Parties (revenue share, fixed fee, or barter) are the Parties' own agreement, recorded and click-signed on the Platform. Tonik is not a party to that agreement — Tonik provides the ticketing, the counting, the ledger, and the signed record.
- Nothing here creates a partnership, joint venture, or agency between the Parties or with Tonik.
3. VERIFICATION
- A deal does not go live until the Co-Promoter has passed business verification (KYB) on the Platform. Sales through the Co-Promoter's rails are the Co-Promoter's sales, and an unverified seller of record is not a seller of record.
- Each Party is responsible for its own regulatory standing as a seller of admission in its jurisdiction.
4. MONEY
- Sales processed through a Party's payment rails settle to that Party's account in full. The Platform's booking and processing fees apply per the Terms of Service; where the card networks support deducting them at the time of charge, they are deducted then — where the networks do not support that for the country pair involved, nothing is deducted on the way in and the fees join the settlement statement instead.
- Tonik's co-promotion fee, stated on the deal at creation, is charged on the volume processed through the Co-Promoter's rails — deducted at charge time where supported, otherwise carried on the settlement statement with the other Platform fees.
- Each settlement period the Platform ledger computes the balance between the Parties and issues both a settlement statement itemising every order behind the numbers. The Co-Promoter transfers the Main Promoter's ticket revenue and any Platform fees carried on the statement, by bank transfer or another lawful channel the Parties choose; both Parties confirm the transfer on the Platform. The ledger and the statement are the record; the Platform does not move funds between the Parties.
- A settlement left unpaid entitles the Platform to pause the deal — the Co-Promoter's payment methods leave the checkout until the statement is settled.
- Each Party bears its own taxes.
5. RECORDS AND DOCUMENTS
- Click-signatures on a deal record the signer's name, time, and network address; the countersigned agreement is emailed to both Parties and remains available in each console.
- The Parties may attach their own commercial documents (an invoice, a contract) to the deal. Tonik stores them privately for the Parties' record and does not review, endorse, or enforce them.
6. ENDING A DEAL
- The Main Promoter may end a deal at any time; ending applies to future sales only — sales already made stay with the account that took them, and the ledger keeps the record.
- Tonik may suspend the facility for a Party that breaches these Terms, the Terms of Service, or applicable law.
7. LIABILITY AND LAW
- Tonik provides the facility "as is" and is not liable for either Party's performance, solvency, or conduct toward the other.
- These Terms are governed by the law stated in the Terms of Service, and its dispute-resolution provisions apply.