Legal

Terms of Service

Last updated: [INSERT DATE]

This template is provided for informational purposes and is not legal advice. Consult qualified counsel.

1. Definitions

  • Service: the Adaptive Rate Platform, including the app, APIs, database-driven comp engine, facility profiles, pricing recommendations (including “equivalent rate bands”), audit logs, approvals, data imports, and related websites or mobile experiences.
  • Customer: the company or organization that enters into an agreement to use the Service.
  • Authorized Users: individuals provisioned by Customer to access the Service (e.g., pricing, revenue, or operations team members).
  • Facility Data: Customer data about facilities, unit mix, occupancy, rates, promotions, comp-set selections, approvals, and any imported operational data.
  • Comp Set: competitor facilities and related rate data used to benchmark pricing.
  • Recommendations / Output: pricing guidance, equivalent rate bands, comp scores, dashboards, and reports generated by the Service.
  • Content: text, images, files, and other materials uploaded or entered by Customer or its Authorized Users.
  • Confidential Information: non-public information disclosed by either party that is marked or should reasonably be considered confidential.

2. Eligibility and Authority

Customer represents that it is a business entity and that the individual accepting these Terms has the authority to bind the Customer. The Service is intended for business use only and not for consumers.

3. Account Registration and Responsibilities

  • Customer must provide accurate company and contact information when creating an account.
  • Customer is responsible for safeguarding credentials and for actions taken under its accounts.
  • Customer will configure role-based access, approvals, and audit log settings appropriate for its use.
  • Customer will notify the Service promptly of any unauthorized access or security incident.

4. Subscription, Fees, and Payment

Pricing, billing cycles, and payment methods will be described in an order form or subscription page. Fees are exclusive of taxes, which Customer is responsible for unless otherwise stated. Late payments may incur reasonable fees or suspension.

Free trials (if offered) are provided for evaluation only. The Service may change pricing or plan features prospectively with notice to Customer or at renewal. Insert billing contact: [INSERT BILLING EMAIL/PROCESS].

5. License Grant and Restrictions

  • The Service grants Customer a non-exclusive, non-transferable right for Authorized Users to access and use the Service during the subscription term.
  • Customer will not: (a) reverse engineer or decompile the Service; (b) resell, lease, or frame the Service; (c) scrape or harvest the Service; (d) circumvent security or rate limits; or (e) use the Service to build a competing product.
  • All rights not expressly granted are reserved by the Service.

6. Customer Data and Facility Data Ownership

Customer retains ownership of Facility Data and any Content it uploads. Customer grants the Service a limited, non-exclusive license to process Facility Data to operate, maintain, improve, and secure the Service, generate Recommendations/Output, and provide support.

The Service may aggregate and de-identify data for analytics, benchmarking, and improving the Service, provided such aggregated data does not identify Customer or its facilities.

7. Data Inputs, Rights, and Legal Compliance

  • Customer represents it has rights to provide all Facility Data, including any competitor rates or market data it imports, and that doing so does not violate law or third-party terms.
  • The Service does not require or encourage unlawful scraping. Customer is solely responsible for data sourcing, permissions, and compliance with applicable laws and agreements.
  • Customer will not upload prohibited or sensitive data categories unless explicitly permitted by a written agreement.

8. Recommendations and Output

Recommendations, equivalent rate bands, comp scores, and other Output are informational only. Customer is responsible for all pricing decisions and compliance with pricing laws and competition rules.

The Service does not guarantee revenue lift, occupancy outcomes, or accuracy of third-party data.

9. Audit Logs, Approvals, and Access Controls

The Service provides audit logs, approval workflows, and role-based access controls. Customer is responsible for configuring roles, reviewers, and guardrails appropriate to its internal policies and for reviewing logs periodically.

10. Service Availability and Support

The Service aims for reliable availability with reasonable maintenance windows. Support channels and response times are provided as a placeholder and may be defined in an order form or SLA. Some features rely on external integrations and may be subject to their availability.

11. Security and Incident Response

The Service uses commercially reasonable security measures (e.g., access controls, encryption in transit, logging). The platform may run on hardened cloud infrastructure operated by vetted providers. No system is completely secure; Customer should maintain its own safeguards.

The Service will notify Customer without undue delay upon confirming a security incident affecting Customer Data, subject to applicable law and any incident response playbooks agreed by the parties.

12. Confidentiality

  • Each party will protect the other party's Confidential Information using reasonable care and will only use it to perform obligations under these Terms.
  • Exclusions include information that is public, already known without restriction, independently developed, or obtained lawfully from a third party.

13. Intellectual Property

The Service, its software, design, and documentation are owned by the Service provider. Customer owns its Facility Data and Content. No IP rights are transferred except as expressly stated.

14. Feedback

If Customer provides feedback or suggestions, the Service may use them without restriction or obligation, and Customer assigns any related rights for that purpose.

15. Term, Termination, and Suspension

These Terms apply for the subscription term. Either party may terminate for material breach not cured within a reasonable period (e.g., 30 days) after notice. The Service may suspend access for non-payment, security risk, or misuse.

Upon termination, Customer access ends. Customer may request export of Facility Data within a reasonable period. The Service may retain copies as required by law or for backup for a limited time.

16. Disclaimers

The Service is provided “as is” and “as available.” To the fullest extent permitted by law, the Service disclaims warranties of merchantability, fitness for a particular purpose, non-infringement, and accuracy of any Output or third-party data.

17. Limitation of Liability

To the maximum extent permitted by law, neither party is liable for indirect, incidental, special, or consequential damages or lost profits, even if advised of the possibility. The Service’s total liability under these Terms is limited to fees paid by Customer for the 12 months preceding the claim, unless otherwise required by law.

18. Indemnification

Customer will indemnify and defend the Service against claims arising from (a) Customer Data or Content violating law or third-party rights (including data sourcing for comp sets), or (b) misuse of the Service.

The parties may optionally agree to a mutual IP infringement indemnity for the Service software and Customer Data. Insert negotiated language if applicable.

19. Compliance and Export

Customer will comply with applicable laws, including export controls and anti-abuse rules. Customer will not use the Service in embargoed countries or for prohibited end uses.

20. Publicity

The Service may list Customer name and logo on customer lists and marketing materials unless Customer opts out in writing. Any public announcements require mutual approval where commercially reasonable.

21. Governing Law and Venue

These Terms are governed by the laws of [INSERT GOVERNING LAW], excluding conflict-of-laws rules. Disputes will be resolved in the courts of [INSERT VENUE], and the parties consent to that jurisdiction and venue.

22. Changes to Terms

The Service may update these Terms from time to time. Material changes will be communicated via the Service or email. Continued use after the effective date constitutes acceptance. If Customer disagrees, Customer may terminate per Section 15.

23. Contact

For questions about these Terms, contact [INSERT COMPANY NAME] at [INSERT CONTACT EMAIL]. If you are reviewing on behalf of a Customer, please involve your legal counsel.