IMPORTANT: UPON CREATING AN ACCOUNT WITH SUDRANIA FUND SERVICES AND SUBSCRIBING FOR SUDRANIA’S COMMONSUBDOC YOU AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS. THESE TERMS AND CONDITIONS WILL APPLY TO YOUR USE OF THE COMMONSUBDOC THAT SUDRANIA OFFERS FROM TIME TO TIME
Sudrania Fund Services is an online financial services software business based in Chicago, USA and is happy to provide you with the opportunity to utilize CommonSubDoc™: a cloud-based integrated solution for investor on-boarding via Trusted Digital Verification. The “CommonSubDoc” include: Enterprise & Fund on-boarding, Investor on-boarding. This enables one digital profile for all your investments. The CommonSubDoc TM is provided via the internet and is a software as a service arrangement.
This Software as a Service Subscription Agreement (the "Agreement") governs your use of the CommonSubDoc, and any related services provided by Sudrania Fund Services, an Illinois limited liability company located at 633 Rogers St, Suite 106, Downers Grove, IL 60515 (“Sudrania”).
If you use or subscribe to the CommonSubDoc, or if you click "I agree," or if you take any other affirmative action indicating acceptance of this Agreement, then you have agreed to these terms. If you are an agent or employee of the intended subscriber or user, then you represent and warrant that you are authorized to bind that party to this Agreement. If you do not agree to this Agreement, then you are not authorized to use the CommonSubDoc.
Any white labelled Edition will be identified with the name agreed upon with the customer for such white labelled solution. The Components and features of the white labelled Editions may be different than CommonSubDoc.
Sudrania may also develop and release Editions that are priced different (which may be higher or lower) than the edition the Customer has subscribed to. The Customer will not get automatic upgrade to such Editions unless a separate Subscription Agreement for the other Edition is executed. The Components and features of such Editions may be different than CommonSubDoc.
Sudrania owns all right, title and interest in and to the CommonSubDoc, and all intellectual property rights subsisting therein, including all patents, copyrights, source code, trademarks and trade secrets. Customer owns its Customer Data.
In return for making the CommonSubDoc available to Customer hereunder, Customer shall pay to Sudrania the Subscription Fees set forth on the Sudrania website or as otherwise mutually agreed upon. All Subscription Fees are to be timely paid. In the event of payment failure, Sudrania may immediately and without notice to Customer discontinue and terminate Customer’s access to the CommonSubDoc. Customers will receive notice of changes in pricing at least 60 days before the change in pricing will take effect.
CUSTOMER ACKNOWLEDGES THAT IF CUSTOMER IS USING AN EDITION OF THE COMMONSUBDOC THAT IS PROVIDED FREE OF CHARGE, OR AN ALPHA OR BETA VERSION, THEN SUDRANIA IS UNDER NO OBLIGATION TO MAKE OR CONTINUE ACCESS TO THE COMMONSUBDOC, AND ALL USE OF THE COMMONSUBDOC IS AT CUSTOMER’S SOLE RISK.
FOR CUSTOMERS USING ONLY A FREE, ALPHA OR BETA EDITION OF THE COMMONSUBDOC, THIS SECTION 7(A) DOES NOT APPLY AND YOU ACKNOWLEDGE THAT YOU ARE NOT ENTITLED TO ANY INDEMNIFICATION. Sudrania shall defend, indemnify and hold harmless Customer from and against all damages, liabilities, losses and expenses, including reasonable attorneys’ fees and expenses, resulting from any third party claim, suit or proceeding that arises from Customer’s use of the CommonSubDoc in accordance with this Agreement that infringes or misappropriates any U.S. trade secret, trademark, or copyright. Sudrania will have no indemnity obligation to Customer if the alleged infringement or misappropriation is based on (i) any combination, operation, or use of the CommonSubDoc with products, services, information, materials, technologies, business methods or processes not furnished by Sudrania to the extent the infringement or misappropriation is based on such combination, operations or use; or (ii) any modification (other than by Sudrania) to the CommonSubDoc to the extent the infringement or misappropriation is based on such modification.