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BY CLICKING THE “I ACCEPT” BUTTON OR OTHERWISE ACCEPTING THIS AGREEMENT THROUGH AN ORDERING DOCUMENT THAT INCORPORATES THIS AGREEMENT (THE “ORDERING DOCUMENT”), YOU AGREE TO FOLLOW AND BE BOUND BY THE TERMS AND CONDITIONS OF THIS AGREEMENT. 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 THE TERMS AND CONDITIONS OF THIS AGREEMENT AND, IN SUCH EVENT, “YOU” AND “YOUR” AS USED IN THIS AGREEMENT SHALL REFER TO SUCH ENTITY. IF YOU DO NOT HAVE SUCH AUTHORITY, OR IF YOU DO NOT AGREE IF YOU ARE ENTERING INTO THIS AGREEMENT ON BEHALF OF A COMPANY OR OTHER LEGAL ENTITY, YOU, AS AN INDIVIDUAL MAY BE HELD PERSONALLY LIABLE FOR ALL OBLIGATIONS CONTAINED HEREIN AND IN ANY ORDERING DOCUMENT.
This Software as a Service (Saas) Agreement (the “Agreement”) is by and between Lendio, Inc. (“Provider”) and the individual or entity that has executed this Agreement (“Customer” or “You”). This Agreement sets forth the terms and conditions that govern orders placed by Customer for Services under this Agreement.
WHEREAS, Provider is the owner of certain proprietary computer software known as Lendio for the Loan Specialist that is used to assist lending institutions track the progress of potential borrowers and determine the likelihood of entering into a loan agreement with a potential borrower (“Lendio LS”);
WHEREAS, Provider provides and sells subscriptions for subscribers to access and use Lendio LS via a provided website or any website notified to the subscribers from time to time (the “Services”);
WHEREAS, Customer desires to use the Services for Customer’s internal business purposes, pursuant to the terms and conditions set forth herein;
WHEREAS, Provider is willing to provide access to the Services for Customer’s internal business use pursuant to the terms and conditions set forth herein; and
WHEREAS, the Parties acknowledge and agree that this Agreement shall be effective and in force upon the date Customer accepts the terms and conditions hereof (“Effective Date”).
NOW THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration, the Parties agree as follows:
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