Terms of Service

These Terms of Service ("Terms") govern your access to and use of Balance AI Services. By accessing or using the Services, you agree to be bound by these Terms and our Privacy Policy.

If you are entering into this agreement on behalf of a company or other legal entity, you represent that you have the authority to bind such entity to these Terms.

1. Use of Services

Eligibility

You must be at least 18 years old and have the legal capacity to enter into a binding agreement to use the Services.

Account Registration

To access certain features, you must create an account and provide accurate, complete, and current information. You are responsible for maintaining the confidentiality of your account credentials and for all activity under your account.

2. License and Restrictions

License Grant

Subject to these Terms, Balance AI grants you a limited, non-exclusive, non-transferable, and revocable license to use the Services for your internal business purposes.

Restrictions

You agree not to:

  • Modify, copy, distribute, sell, or lease any part of the Services

  • Reverse engineer, decompile, or attempt to extract the source code

  • Use the Services for unlawful, harmful, or abusive purposes

  • Interfere with or disrupt the Services or servers

3. Fees and Payment

Some features of the Services may require payment. You agree to pay all applicable fees and taxes in accordance with our pricing and billing terms in effect at the time of subscription or purchase.

All fees are non-refundable unless explicitly stated otherwise. We may suspend or terminate your access for failure to pay fees.

4. Data and Privacy

By using the Services, you consent to our collection, use, and disclosure of data as outlined in our Privacy Policy. You retain ownership of all data you upload or process through the Services, and grant us a limited license to use that data solely to provide and improve the Services.

5. Intellectual Property

The Services and all content, features, and functionality (including but not limited to software, code, design, and trademarks) are owned by Balance AI or its licensors. You are granted no rights in or to the software other than those expressly granted in these Terms.

6. Confidentiality

You and Balance AI agree to maintain the confidentiality of all non-public business, technical, or financial information disclosed in connection with the Services. This obligation survives termination of these Terms.

7. Termination

We may suspend or terminate your access to the Services at any time, with or without cause, with or without notice. You may terminate your account at any time by contacting us.

Upon termination, all licenses granted to you under these Terms will immediately end, and you must cease all use of the Services.

8. Disclaimers

The Services are provided "as is" and "as available", without warranty of any kind, express or implied. We do not guarantee that the Services will be error-free or uninterrupted.

We disclaim all warranties, including implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

9. Limitation of Liability

To the maximum extent permitted by law, Balance AI will not be liable for any indirect, incidental, consequential, special, or exemplary damages arising from or related to the use of the Services, even if we have been advised of the possibility of such damages.

Our total liability under these Terms will not exceed the amount you have paid us in the 12 months prior to the claim.

10. Indemnification

You agree to defend, indemnify, and hold harmless Balance AI, its affiliates, and their respective officers, directors, employees, and agents from and against any claims, damages, liabilities, and expenses (including attorneys’ fees) arising from your use of the Services or your violation of these Terms.

11. Modifications to the Terms

We may update these Terms at any time. If we make material changes, we will notify you through the Services or by email. Continued use of the Services after the changes take effect constitutes your acceptance of the new Terms.

12. Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with the laws of [Insert Jurisdiction], without regard to its conflict of law principles.

Any disputes arising under or in connection with these Terms shall be resolved through binding arbitration or in the courts located in [Insert City, State/Country], as determined by Balance AI.

13. General Provisions

  • Entire Agreement: These Terms and our Privacy Policy constitute the entire agreement between you and Balance AI.

  • No Waiver: Failure to enforce any right or provision shall not constitute a waiver.

  • Severability: If any provision is held invalid, the remaining provisions will remain in effect.

  • Assignment: You may not assign these Terms without our written consent; we may assign them freely.

14. Contact Information

If you have any questions about these Terms, please contact us at:

Balance AI
Info@Balanceai.app