Neither the Supplier Services Agreement or these Terms and Conditions convey to Supplier or any other Person any rights of ownership in or related to the Supplier Services or AvidXchange’s Network or any other intellectual property rights of AvidXchange or any other Person. Upon request, Supplier will permit AvidXchange to reasonably investigate or audit Supplier’s compliance with the foregoing in connection with Supplier’s use of the Supplier Services or AvidXchange’s Network.Įxcept for the limited license granted to Supplier in the Supplier Services Agreement and these Terms and Conditions, AvidXchange and its third party licensors retain all right, title and interest, including all intellectual property rights, relating to or embodied in the Supplier Services and AvidXchange’s Network, any related technology and any suggestions, ideas, enhancement requests, feedback, recommendations or other information relating thereto offered by Supplier or any other party. Supplier further agrees that it will not (i) license, sublicense, sell, resell, rent, transfer, assign or distribute its rights to access and use the Supplier Services or AvidXchange’s Network to any other party or otherwise commercially exploit the Supplier Services or AvidXchange’s Network or (ii) access or use the Supplier Services or AvidXchange’s Network in order to (a) build a competitive service or product (b) build a service or product using similar ideas, features, functions or graphics (c) monitor its availability, performance or functionality or for any other benchmarking or competitive purposes or (d) copy any ideas, features or functions of the Supplier Services or AvidXchange’s Network.
Supplier agrees to comply with all applicable laws and regulations and all third-party payment network or payment clearinghouse rules, guidelines, requirements, and prohibitions when using or accessing the Supplier Services or AvidXchange’s Network. Supplier agrees that its continued use of the Supplier Services or AvidXchange’s Network thereafter will constitute Supplier’s agreement to any such changes.ĪvidXchange grants Supplier a non-exclusive, limited, non-transferable, and revocable license to use and access the Supplier Services and to access AvidXchange’s Network to use the Supplier Services, in each case solely for its own internal business purposes and subject to these Terms and Conditions. Please refer to your Supplier Services Agreement with AvidXchange for current and applicable fees.ĪvidXchange will provide Supplier with notice of any such changes to these Terms and Conditions or the Fee Information by sending notice through the AvidXchange website or any other AvidXchange web portal used by it in connection providing the Supplier Services or making AvidXchange’s Network available to Supplier, by email or by any other reasonable means of communication.
AvidXchange may modify these Terms and Conditions and the AvidXchange Supplier Services Procedures at any time and in its sole discretion.ĪvidXchange may change the fees it charges for the Supplier Services, including the fees it charges for Cashflow Manager, AvidPay Direct and Invoice Accelerator, and any other fees it charges for access to AvidXchange’s Network, in each case at any time and in its sole discretion. These Terms and Conditions, which are set forth at form a part of any agreement (collectively, the “Supplier Services Agreement” or “Agreement”), between AvidXchange and Supplier with respect to Supplier’s use of and access to the Supplier Services and AvidXchange’s Network.ĪvidXchange may modify or discontinue any Supplier Service or any feature thereof and any other existing service or feature and may provide new or additional services or features through AvidXchange’s Network, in each case at any time and in its sole discretion. This contact could be made using an automated dialing system. “Supplier Services” include AvidPay Direct, AvidXchange Cashflow Manager and Invoice Accelerator and any future or replacement services.īy accessing or using any Supplier Services or AvidXchange’s Network, Supplier acknowledges and agrees to be bound by these AvidXchange Supplier Services Terms and Conditions (the “Terms and Conditions”) and further agrees that AvidXchange and its partners may from time to time contact Supplier regarding AvidXchange’s payment processing services. AvidXchange provides and offers certain services to its network of suppliers (each a “Supplier”). (together with its affiliates, “AvidXchange”), through its proprietary network and invoice and payment platform (“AvidXchange’s Network”), automates the accounts payable process and facilitates business to business payments. AVIDXCHANGE SUPPLIER SERVICES TERMS AND CONDITIONS, last updated March 19, 2021ĪvidXchange, Inc.