TERMS AND CONDITIONS OF USE
Effective date: 31st October 2023
1. Ownership and purpose of the Web Platform:
The Web Application InterpretML (accessible on address: https://app.precisionloop.ai) (hereinafter the „Web app” or “Platform“) is owned by PrecisionLoop OÜ (hereinafter the „PrecisionLoop” or “Company“), a company legally incorporated under Estonian law, with a registered office at Tornimäe tn 3/5/7, 10145 Tallinn, Estonia.
Our Platform has been designed to provide our users with information about our products and services. Relations between the Platform and the User are governed by the Law of 11 July 2007 on Information Society Services and E-Commerce, the Commercial Code, and other applicable Estonian laws.
2. Acceptance of Terms and Conditions:
Access to and use of our Platform and the information, services, and content are subject to the applicable laws and regulations and the provisions of these Terms and Conditions of Use. The User acknowledges having read and understood the Terms and Conditions of Use of the Platform, which constitutes the entire agreement between the User and Company. By using any of the features of our Platform, the User expressly acknowledges being bound by the Terms and Conditions of Use and Privacy Policy of the Platform and other applicable Company corporate policies. The User acknowledges that the services and content offered through the Platform do not infringe nor should be used to infringe the applicable laws and/or regulations.
The Company reserves the right to amend these Terms and Conditions of Use, by posting on the Platform said amended version. The User’s use and continued use of the Platform is deemed an agreement to be bound by any such Amendment(s).
3. Use of Service:
3.1 License
PrecisionLoop grants the User a limited, non-exclusive, non-transferable, and revocable license to use the Platform for personal or business use, subject to these Terms.
3.2 Restrictions
The User may not (a) modify, adapt, translate, or create derivative works of the Platform; (b) reverse engineer, decompile, disassemble, or attempt to extract the source code of the Platform; (c) interfere with, or attempt to interfere with, the access of any user, host, or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Platform.
3.3 Access
Without prior warning, PrecisionLoop has the right to remove or block some of the Platform's features or modify the Platform at their sole discretion. If the Platform is inaccessible at any time or for any length of time, for any reason, PrecisionLoop shall not be held responsible. PrecisionLoop reserves the right to periodically limit users' access to specific areas of the Platform or the full Platform solution, even if they have registered and paid for the Service.
3.4 Transferability
The User acknowledges that without the express written consent of PrecisionLoop, which may be withheld for any reason, the User’s rights and responsibilities under this document may not be transferred, assigned, licensed, or otherwise alienated.
4.Intellectual Property:
The User acknowledges that all rights, titles, and interests in and associated with the Platform, its content, and applications, if any, including any modifications, updates, and new versions, as well as any trademark, trade name, know-how, copyrights, domain names, and any other industrial or intellectual property rights inherent to the Platform, are the exclusive property of the PrecisionLoop or are used by PrecisionLoop under license and with the permission of the owners of such rights, titles, or interests. In this regard, the User does not acquire any intellectual property rights by using our Platform or any of its features. In no case shall such use be considered an authorization or license to use the Platform contents for purposes other than those contemplated in these Terms and Conditions of Use Therefore, the total or partial reproduction, modification, processing, copying, distribution, public communication, or any other form of exploitation of the website, its content, applications, design, and presentation of its contents and its source code and all those elements that form the structure and appearance of the Platform shall be forbidden. The User acknowledges that it is prohibited to decompile, reverse engineer, or make derivative works of the software that supports the functioning and access to the Platform and the services contained therein.
Failure to comply with any of the provisions herein will give the PrecisionLoop company the right to exercise against the offender(s) the appropriate legal action to defend its rights, title, and interest, including the right to claim the corresponding damages.
4.1 No Intellectual Property Transfer
Any intellectual property owned by PrecisionLoop or a third party is not transferred to the User by this document; instead, PrecisionLoop will retain all rights, title, and interest in respect to such property (as between the parties). The PrecisionLoop company or other third parties may be the trademark owners of any trademarks, service marks, images, and logos used in connection with the Platform. The User is not granted permission or license to copy or make any other use of PrecisionLoop or third-party trademarks in connection with the User’s use of the Platform.
5.Personal data:
Visiting the Platform does not imply that the User is obliged to provide any data about himself. If the User provides any personal data, the data collected will be used for the purpose, in the manner and with the limitations and rights established in Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016, resulting in such case our Privacy Policy.
5.1 Registration
To access certain features of the Platform, the User may be required to register for an account. The User agrees to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete.
5.2 Security
The User is responsible for maintaining the confidentiality and security of the User's account credentials. The User is fully responsible for all activities that occur under the User’s account, and the PrecisionLoop shall not be liable for any loss or damage arising from unauthorized use of your account.
5.3 Use of Your Email
By providing the User's email address, the User agrees to receive certain communications in connection with our Platform and Services. The User agrees to receive any updates, promotion information, and other important information from the perspective of PrecisionLoop.
5.4 Capability to Agree to Service Terms
Accessibility Age. All users who are at least eighteen years old are eligible to utilize the Platform. The User certifies that she/he has the legal capacity and competence to enter into the terms, conditions, obligations, affirmations, representations, and warranties set forth in this document, and that will abide by and comply with its terms. The User may also be an emancipated minor, 18 years of age or older, or have the consent of the User’s parents or legal guardians. The User under 18 years of age is not permitted to access or use the Platform.
6. User’s datasets and Machine Learning models
6.1 User's datasets
While using the Platform - the User may decide to upload datasets to the Platform. The User confirms that she/has the right to use these datasets. The user retains all rights to these datasets. PrecisionLoop and the Platform do not get any rights to these datasets - without prior approval of the User.
6.2 User’s Machine Learning models
While using the Platform - the User may decide to create Machine Learning models within the Platform. The user retains all rights to these solutions. PrecisionLoop and the Platform do not get any rights to these datasets - without prior approval of the User.
6.3 Sharing datasets and Machine Learning models with other users of the Platform
All datasets and ML models, unless shared with other Users are private, visible and accessible only to the User that uploaded/created them.
At any given time, the User may share datasets or created Machine Learning models with other users:
a) to get technical support
b) to collaborate with other Users
c) to get an economic value in exchange for sharing the datasets or Machine Learning models
6.4 Exchanging the rights to the datasets or Machine Learning models
PrecisionLoop reserves the right to extend the features of its Platform - to allow for exchange of the datasets and Machine Learning models between the users - for an economic incentive to the provider.
In such a case, the details of the offer will be published before launching such features on the Platform.
No data or Machine Learning model will be shared with anyone without prior User's consent.
7. Privacy, Data Protection, and Cookies Policy:
Upon acceptance of these Terms and Conditions of Use, the User acknowledges having read, understood and accepted our Privacy Policy
8. Breach:
Any breach of the commitments specified in this document may cause termination or suspension, at any time, unilaterally and without notice, of the service provided to the User through the Platform. In no case said suspension or termination would give the User any right to compensation.
9. Termination:
The PrecisionLoop company reserves the right to suspend or terminate the User’s access to the Platform at any time, without notice, for conduct that PrecisionLoop believes violates these Terms or is harmful to other users of the Platform or third parties, or for any other reason in sole discretion of PrecisionLoop.
10. Disclaimer of Warranties:
The Platform is provided "as is" and "as available" without warranties of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement.
11. Limitation of Liability
In no event shall PrecisionLoop company be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (a) your use or inability to use the Platform; (b) any unauthorized access to or use of our servers and/or any personal information stored therein.
12. Payments
By creating an account on the Platform, the User agrees to the following:
A) The User acknowledges and agrees that PrecisionLoop may process payments for the services using a third-party payment processor (such as Stripe). By using a third-party provider for payment processing, the User agrees to be governed by the appropriate terms of use and privacy policies of that third party, and PrecisionLoop will not be responsible for any damages suffered by you or by anyone else.
B) The User acknowledges and agrees that PrecisionLoop may alter applicable fees and charges at any time during the term of each renewal of the User's chosen Plan; provided, however, that PrecisionLoop will make commercially reasonable efforts to notify you of such changes by email or by publishing the updated pricing on the Platform at least thirty (30) days before the changes take effect.
C) The User's payment information will be stored by a third-party payment processor (such as Stripe), and the User will fulfill any payment obligations. By using the services of a third-party payment processor (such as Stripe) - user agrees to its Terms of Services. The User acknowledges that our prices may include additional fees and taxes.
D) If the User suspects being billed incorrectly, the User must contact PrecisionLoop at the email address: hello[@/at]precisionloop.ai no later than thirty (30) days after the closing date on the billing statement in which the error occurred in order to be eligible for adjustment or credit.
E) All questions about billing or payments should be sent directly to the email address: hello[@/at]precisionloop.ai, the customer service department of PrecisionLoop, with the subject line "Billing Inquiry."
13. Law and Jurisdiction:
Estonian law will govern the interpretation and application of the Platform’s terms and conditions of use. The parties submit to the jurisdiction of the courts of Estonia for the resolution of any dispute arising from the interpretation and/or execution of these Terms and Conditions of Use.
14. Changes to Terms:
PrecisionLoop reserves the right to modify or replace these Terms at any time. It is your responsibility to check these Terms periodically for changes. Your continued use of the Service following the posting of any changes to these Terms constitutes acceptance of those changes.
Contact:
For any questions regarding our services Platform and its governing Terms and Conditions, you can contact our offices by writing to: hello[@/at]precisionloop.ai