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Terms and conditions

Terms and Conditions

1. Definitions

In this Subscription Order the following terms have the following meanings:

Account means a Beauhurst Platform account through which a single employee at your Subscribing Organisation may access the Beauhurst Platform;

Additional Features means any features that are made available to you via the Beauhurst Platform, at your request, as part of your Subscription;

Beauhurst means Business Funding Research Limited, trading as Beauhurst;

Beauhurst Data means any information acquired through use of the Beauhurst Platform, including, but not limited to, data which is exported, downloaded, read, or screenshotted;

Beauhurst Platform means the paid web-based platform constructed, managed and maintained by Beauhurst;

Business Day means a day when banks are open for business in the City of London;

Claim has the meaning given such term in paragraph 14.4;

Confidential Information means this Subscription Order (except for its existence), details of all Subscription Orders and all information which is identified at the time of disclosure by the disclosing party as being confidential information, or which may be reasonably regarded as the confidential information of the disclosing party, including information relating to the business, finances, affairs, products, developments, trade secrets, campaign plans, launch dates, know-how, personnel, customers and suppliers of each party;

Data Policy means the data policy, set out at Schedule 1, which explains your right to use Beauhurst Data, which with these Terms, forms part of your Subscription Order;

Data Usage Tier means the level of data usage rights that to which we grant you access as part of your Subscription, as detailed in the Data Policy;

Data User means a User or any employee of your Subscribing Organisation with whom a User shares Beauhurst Data;

Event Outside Our Control has the meaning given such term in paragraph 17.2;

Expiry Date has the meaning given such term in paragraph 8.2;

Export Allowance is the total number of Export Credits (specified in the Subscription Order) which may be used collectively over the course of a single calendar month by all the Users in your Subscription;

Export Credit means a credit used in the downloading of data from the Beauhurst platform. The number of Export Credits required to download each item of data may vary from time to time.

Fee(s) means our total charges for your Subscription during each Period, pursuant to your Subscription Summary;

Fixed Term Subscription has the meaning given such term in paragraph 8.1;

Payment Method means the way that you will pay your Fees and is outlined in the Subscription Summary. Terms pertaining to the Payment Method can be found in paragraphs 7.4, 7.5, and 8.3;

Period has the meaning given such term in: (i) paragraph 7.1 if you have a Rolling Subscription, or (ii) paragraph 8.1 if you have a Fixed Term Subscription;

Publish means to publish, share or otherwise make Beauhurst Data available to any persons other than  Data Users or Clients to whom you are permitted to make Beauhurst Data available under your applicable Data Usage Tier. For the sake of clarity, this can be in the form of, but is not limited to making Beauhurst Data available in an email, a presentation, a printed or electronic document, or an internet message including but not limited to posting on a blog, social media platform or similar;

Renewal Date has the meaning given such term in paragraph 7.2;

Rolling Subscription has the meaning given such term in paragraph 7.1;

Start Date means the date that your Subscription commences, as outlined on your Subscription Summary. This is when you are granted access to the Beauhurst Platform;

Subscribing Organisation means you, the business entering into this Subscription Order, as detailed in the Subscription Summary;

Subscribed Team(s) or Team(s) means any and all team(s) within your organisation that are identified in the Subscription Summary;

Subscription means your subscription to use the Beauhurst Platform, as dictated by the conditions in your Subscription Order;

Subscription Order means the Subscription Summary, these Terms, and the Data Policy, together with any other documents referred to in any of them under which you are granted a Subscription;

Subscription Summary is part of the Subscription Order and comprises the name of the Subscribing Organisation, the Subscription Type, the Fee, the Payment Method, the Payment Frequency, the Period, the Export Allowance, the number of Accounts, and any other conditions upon which we grant a Subscription to you;

Subscription Type means the kind of Subscription that you are signing up to – either Rolling Subscription or Fixed Term Subscription – and is detailed in the Subscription Summary;

Special Conditions mean any additional conditions included in the Subscription Summary;

Terms means these terms and conditions;

User means any individual employee of your Subscribing Organisation who holds an Account;

we, us, our means or refers to Beauhurst;

Web Site means beauhurst.com;

you or your refers to the Subscribing Organisation.

2. Information about us

2.1 We operate the website www.beauhurst.com and associated domains. We are Business Funding Research Ltd, a company registered in England and Wales under company number 07312969 and with our registered office at Fourth Floor, Brixton House, 385 Coldharbour Lane, London, SW9 8GL.

2.2 Contacting Us. You or your Users may contact us by telephoning our account management team at 020 7062 0060 or by emailing us at sg@beauhurst.com. If you wish to give us formal notice of any matter in accordance with these Terms, please do so in accordance with paragraph 18.2.

3. This is a Binding Agreement

3.1 The Subscription Order, of which these Terms form part, constitutes the entire agreement between you and us in relation to your Subscription, and supersede and extinguish all previous agreements, promises, assurances, warranties, representations and understandings between us, whether written or oral, relating to its subject matter.

3.2 You acknowledge that in entering into a Subscription Order you do not rely on any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Subscription Order or any document expressly referred to in them.

3.3 You and we agree that neither of us shall have any claim for innocent or negligent misrepresentation or negligent misstatement based on any statement made by you or us to the other.

3.4 Any and all Special Conditions set out in the Subscription Summary are subject to and governed by the provisions of this Subscription Order and any other documents provided in relation to such Special Conditions.

4. Our rights to vary these terms

4.1 We may vary these Terms and / or the Data Policy from time to time by written notice to you. The Terms and / or the Data Policy as varied will come into effect and supersede any and all other terms previously provided 14 days after such notice and all references in this Subscription Order to the Terms and / or the Data Policy shall be deemed to be to the Terms and / or the Data Policy as varied. If you do not wish to accept the varied Terms or the Data Policy, you may cancel your subscription at any point during the 14 day period prior to which they are due to come into effect.

4.2 Subject at all times to our right to vary the Terms and / or the Data Policy as described above, the Fee, Period, Payment Frequency, number of Accounts, Features, Export Allowance, Data Usage Rights, Special Conditions, together with any other terms or conditions set out in this Subscription Order may be varied at any time by mutual consent in writing but not otherwise.

5. Payment terms

5.1 The Fee for your Subscription is as set out in the Subscription Summary.

5.2 The Fee for your Subscription is exclusive of VAT or other similar sales taxes. For customers based in the UK, VAT will be chargeable at the current rate applicable in the UK for the time being. However, if the rate of VAT changes in the course of your Subscription, we will adjust the rate of VAT you pay in time for your next payment, unless you have already paid for your Subscription in full before the change in VAT takes effect.

5.3 We reserve the right to change the Fee from time to time; for example, as a result of (i) our annual Fee review and/or (ii) to reflect the cost of additional data or features on the Beauhurst Platform. You will be given an appropriate notice period and retain the right to terminate in accordance with paragraph 7.7.

5.4 You will pay the Fee in accordance with the Payment Frequency specified in the Subscription Summary. For example, if you have a Fixed Term Subscription, the Period is 12 months, the Fee is £120,000 and the Payment Frequency is monthly, you must pay us £10,000 per month during the Period.

5.5 You may not pause your Subscription and we do not grant payment holidays.

6. Late Payments

6.1 Any payments that are overdue will be liable to a charge of 8% interest per annum above the then-prevailing Bank of England base rate.

6.2 We reserve the right to suspend any Subscription and block access to the Beauhurst Platform until all payments are up to date. Please note that this does not relieve you of any contractual obligations and you remain liable for any overdue and ongoing payments.

7. Subscription Types – Rolling Subscription

7.1 If you have selected a “Rolling Subscription”, your Subscription will automatically renew after the period of time specified as the Period in the Subscription Summary.

7.2 Each date on which a Rolling Subscription renews is a “Renewal Date”. Each subsequent Renewal Date can be found by taking the previous Renewal Date and adding the Period. For example, a Rolling Subscription where the Period was set as “one month” and the Start Date was 2nd August would automatically renew on the 2nd of each calendar month.

7.3 Unless otherwise specified, your Subscription will automatically renew on the Renewal Date until terminated in accordance with paragraph 7.7.

7.4 The Payment Method for a Rolling Subscription can be Direct Debit or by bank transfer. If you choose to pay by Direct Debit,

    1. The Direct Debit mandate must be signed and returned within seven days of your Start Date. Failure to return the form will result in suspension of your Subscription. You will still be liable for the full ongoing cost of the Subscription plus any overdue fees per paragraph 6.1;
    2. We will notify you which day of each month payment will be taken on; and
    3. Your receipt for that payment will be sent out by email within approximately 3 Business Days.
7.5 If you choose to pay by bank transfer,
  1. You will be invoiced at the start of each Period; and
  2. Payment is due within 7 days of the invoice date.7.6 All payments must be made into the following account:

Account Name: Business Funding Research Ltd

Account Number: 10992944

Sort Code: 09-02-22

If you are contacted by anyone asking that you make payments into a different account, you must call us on 020 7062 0060 and speak with one of our finance team to confirm the change prior to making any payments into such account. You are responsible for ensuring that all payments are paid to our correct account. If you fail to comply with these requirements and make any payment into any account that is not ours, we will seek and you will be obliged to pay all outstanding sums that are due to us.

7.7 If you would like to terminate a Rolling Subscription, you must let us know in writing at least 5 Business Days before your next Renewal Date. Failure to do so will result in your Rolling Subscription being renewed for the coming Period, for which you will be billed accordingly.

8. Subscription Types – Fixed Term Subscription

8.1 If you have selected a “Fixed Term Subscription”, your Subscription will run from the Start Date for the duration of the Period specified in the Subscription Summary, at which point it will automatically expire (the “Expiry Date”) unless we have agreed to extend your Subscription. After this date you will no longer be able to use the Beauhurst Platform unless you have extended your Subscription or we enter into a new Subscription Order with you. You may only extend your Subscription by prior written agreement with us.

8.2 The Payment Method for a Fixed Term Subscription will be by bank transfer.

8.3 You will be invoiced in full (unless otherwise agreed in writing) upon signing the Subscription Order and upon each extension, if applicable. Payment is due within 7 days of the invoice date.

9. Accounts & Access

9.1 You are ultimately responsible for the actions of all your Data Users and ensuring that they comply fully with your Subscription Order. If any Data User is in breach, Beauhurst reserves the right to terminate your Subscription and/or their access to the Beauhurst Platform, and initiate any other action, legal or otherwise, it deems appropriate to protect its interests and safeguard the Beauhurst Platform.

9.2 You must keep and ensure that your Users keep all Account information secure and confidential. Users are forbidden from giving anyone else (including a Team member) access to their Account. We reserve the right to monitor Account usage to prevent this.

9.3 You may request (but we are not obliged) to provide you with additional Accounts whenever you wish. Please ask your account manager if you wish to do this. We reserve the right to charge for the provision of additional Accounts.

9.4 Should you wish to transfer an existing Account to a new User (for example if someone leaves the Subscribing Organisation), please contact your account manager directly.

9.5 Accounts are reserved for employees of the Subscribing Organisation only.

9.6 Each Account must be under a single named individual’s Subscribing Organisation’s email address. Email addresses that are accessed by multiple people may not be used (for example operations@xzy.com).

9.7 To the extent that the Subscription Summary identifies any Subscribed Teams, only Users within those Teams may access and use the Beauhurst Platform and Beauhurst Data, and they may not grant or share access to the Beauhurst Platform and / or Beauhurst Data or make them available to any other person within your Subscribing Organisation.

9.8 You and your Users are strictly forbidden from granting or sharing access to the Beauhurst Platform except as expressly permitted in this Subscription Order. If you would like to grant access to a third party (for example in the case of a consultancy working for you) or other person who would otherwise be prohibited under this Subscription Order from having such access, you may ask us for permission, which we reserve the right to grant or deny in our sole discretion. No such person may obtain such access unless and until we have entered into a written agreement with you governing such access.

9.9 If you or any of your Users suspect that an Account has been compromised, or that Account details, data or any other information has been accessed or shared in breach of your Subscription Order, you must contact us in writing immediately and inform us of the relevant facts, and take all steps requested by us to remedy the situation.

9.10 We reserve the right to terminate or suspend an Account, multiple Accounts, or your Subscription and block access to the Beauhurst Platform with immediate effect if we decide (in our sole discretion) that you or any of your Users have failed to comply with any of the provisions of your Subscription Order. Should this be the case, you and your Users must continue to comply fully with the Subscription Order with respect to any permitted continuing access to the Beauhurst Platform and / or any Beauhurst Data still in your possession or the possession of any User.

9.11 For the avoidance of doubt, only human beings are permitted to be Users. Except in the case of Beauhurst API usage, programmatic or automated access to or use of the Beauhurst Platform is strictly prohibited. This includes, but is not limited to, any application of scraping software.

9.12 You and your Data Users may access and use the Beauhurst Platform and/or the Beauhurst Data strictly in accordance with this Subscription Order only and for no other purposes. No other rights are granted to you or your Data Users and any other use without our explicit prior written approval constitutes a breach of this Subscription Order.

10. Additional Features

10.1 Any Additional Features are included in your Subscription in our sole discretion.

10.2 There may be a charge for these Additional Features.

10.3 You may not remove any Additional Features during the course of your Subscription.

10.4 You acknowledge and understand that if you make any feature requests, suggestions, proposals, recommendations or other comments in respect of the Beauhurst Platform, including any features which we agree to provide as Additional Features (“Feature Suggestions“), you will not own or have any rights to or in respect of such Feature Suggestions and you hereby irrevocably assign with full title guarantee any and all such rights, including all relevant intellectual property rights (including in respect of copyright by way of present assignment of future rights), in or relating to such Feature Suggestions, to Beauhurst.

11. Data Policy

11.1 Please refer to our Data Policy which governs your access to and use of Beauhurst Data. We urge you to contact us if you are at all unsure about the limitations placed upon you by such Policy or if you are unsure about any aspect of the Data Policy. The Data Policy forms a part of this Subscription Order and you and your Data Users must comply with it at all times. Your access and your Users’ access to the Beauhurst Platform is conditional upon such compliance. 11.2 You may not systematically access, download, copy, store, Publish, or share Beauhurst Data with a view to creating or compiling any form of comprehensive collection, compilation, directory or database or any product or service that is directly or indirectly competitive with any product or service of ours, including, for the avoidance of doubt, in relation to putting any Beauhurst Data into any CRM application. In addition, you may not encourage or facilitate any other party to do the same.  11.3 Upon termination or expiry of your Subscription Order, howsoever caused, 
    1. You and your Data Users no longer have any right to use Beauhurst Data; and
    2. You must also delete and ensure that every Data User deletes any and all Beauhurst Data that obtained from Beauhurst through whatever means (except in the case of data that has been Published in accordance with the Data Policy).
    3. You must provide to us, within 20 working days of the termination or expiry of your Subscription Order, a notice signed by an authorised member of the Subscribing Organisation confirming each of the matters set out in paragraphs 11.3(a) and (b) above, in materially the form set out in Schedule 2 (a “Data Deletion Notice”). If a Data Deletion Notice is not provided within 20 working days, we reserve the right to treat your subscription as having renewed on our current pricing plan by notice to you in writing. If we so notify you, your Fee and Term will update accordingly and we shall invoice you and you will pay our invoices in accordance with the paragraph 5. 
11.4 If a Data User ceases to be an employee of the Subscribing Organisation, you must ensure that they are no longer able to, and do not, access the Beauhurst Platform and / or any Beauhurst Data. 11.5 You hereby agree to indemnify us in relation to any claim, expense, liability, damages, costs and / or other losses (including legal fees) incurred by us and arising from any breach by you or your Data Users of the Subscription Order. This shall be without prejudice to any other action Beauhurst may be entitled to take against you in the event of a breach. You will still be liable for any outstanding Fees. 11.6 Without prejudice to any other provision of this Subscription Order, you acknowledge and agree that any threatened or actual breach by you of this paragraph 11  and / or the Data Policy would be a material breach of this Subscription Order and could cause irreparable injury or harm to us for which monetary damages would be an inadequate remedy. In such case, without prejudice to any other legal or equitable remedies available to us, you agree that we may seek specific performance or other equitable (including injunctive) relief in respect of such threatened or actual breach, without the necessity of proving actual damages and without the necessity of posting any security, whether to stop any breach or avoid any future breach.

12. Exports

12.1 Subject to any conditions detailed in your Subscription Order, you may be given an Export Allowance.

12.2 The Export Allowance detailed in your Subscription Summary is your total allowance for each calendar month and applies across the whole of the Subscription, not to individual Accounts.

12.3 For the avoidance of doubt, any Beauhurst Data that is exported via the Export Allowance is governed in accordance with the Data Policy.

12.3 The Export Allowance is reset at the beginning of each calendar month. If the Start Date is mid-way through a month, a full Export Allowance for that month will be granted and it will not be on a pro rata basis.

12.4 If you reach the limit of your Export Allowance, you will not be able to use any more Export Credits until the first day of the next calendar month. (Please note that if you wish to request further Export Credits in the meantime, you should contact your account manager directly. We reserve the right to agree or to decline to provide further Export Credits and, where we agree, to charge an additional sum for them.)

12.5 Export Credits have no monetary value and are not transferable.

13. Our liability to you

13.1 Nothing in these Terms limits or excludes our liability for:

  1. death or personal injury caused by our negligence;
  2. fraud or fraudulent misrepresentation; or
  3. any other matters in respect of which liability may not be limited or excluded.13.2 Subject to paragraph 13.1, we will under no circumstances whatever be liable to you, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, arising under or in connection with a Subscription Order or otherwise for:
    1. any loss of profits, sales, business, or revenue;
    2. loss or corruption of data, information or software;
    3. loss of business opportunity;
    4. loss of anticipated savings;
    5. loss of goodwill; or
    6. any indirect or consequential loss.13.3 Subject to paragraph 13.1, our total liability to you in respect of any and all claims, expenses, liabilities, damages, costs and / or other losses arising under or in connection with a Subscription Order or otherwise, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, shall in no circumstances exceed the greater of: (i) £5,000 and (ii) the Fees paid by you over the previous 12 month period. 13.4 Except as expressly stated in these Terms, we do not give any representation, warranties or undertakings in relation to a Subscription Order (or, for the avoidance of doubt, the Beauhurst Platform and the Beauhurst Data). Any representation, condition or warranty which might be implied or incorporated into these Terms by statute, common law or otherwise is excluded to the fullest extent permitted by law. In particular, we will not be responsible for ensuring that a Subscription is suitable for your purposes. 13.5 You are responsible for ensuring that your systems and any and all devices used to access the Beauhurst Platform are virus-free and kept free from any technologically harmful code, content or other material of any kind. Save as otherwise expressly required by law, we will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack, or other technologically harmful code, content or material that may infect your computer equipment, computer programs, data or other proprietary material in connection with your use of our Web Site or to your downloading of any content on it, or on any website linked to it. 13.6 We assume no responsibility for the content of websites linked on our Web Site. Such links should not be interpreted as endorsement by us of those linked websites. We will not be liable for any loss or damage that may arise from your use of them.

14. Third Party Liabilities

14.1 Certain information or other content on the Beauhurst Platform may be made available to us under licence and any intellectual property or other rights in such content may therefore belong to third parties. 

14.2 Any breach of your Subscription Order may cause us to breach our agreements with these third parties.  To the extent that the acts or omissions of you and / or your Data Users make us liable to them, you hereby agree to reimburse us to the full extent of any such liability on an indemnity basis, which you acknowledge and agree may be significant and far exceed the value of your Subscription Order with us.

14.3 For the avoidance of doubt, in the event that we determine, in our sole discretion, that you have fully adhered to your Subscription Order and that your actions did not contribute to any third party action, we will indemnify you against any action from such third party suppliers.

14.4 Liability under this indemnity is further conditioned on you discharging the following obligations. If any third party makes a claim, or notifies you of an intention to make a claim, against you which may give rise to a liability under the indemnity described in paragraph 14.3 (a Claim), you shall:

    1. within 7 days, give written notice of the Claim to us, specifying the nature of the Claim in reasonable detail;
    2. not make any admission of liability, agreement or compromise in relation to the Claim without our prior written consent;
    3. give us and our professional advisers access at reasonable times (on reasonable prior notice) to your premises and your officers, directors, employees, agents, representatives or advisers, and to any relevant assets, accounts, documents and records within your power or control, so as to enable us and our professional advisers to examine them and to take copies (at our expense) for the purpose of assessing the Claim; and
    4. be deemed to have given to us the sole authority to avoid, dispute, compromise or defend the Claim.

15. Linking to our Web Site

15.1 Subject to the following provisions of this paragraph 15, you may link to our Web Site, provided you do so in a way that complies with the law, and does not take a form likely to damage our reputation or otherwise cause confusion in the mind of a reasonable user as to the identity of you versus us.

15.2 You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.

15.3 You must not establish a link to our home page in any website that is not owned by you.

15.4 We reserve the right to withdraw linking permission without notice and in the event that we withdraw such permission, you agree to immediately remove all links to our Web Site.

16. Privacy & Cookies

We use cookies and other tracking technologies, as described in our Web Site Privacy Notice and Cookie Policy, as updated by us from time to time. You are responsible for ensuring that you and your Users are familiar with such policies.

17. Events outside our control

17.1 We will not be liable or responsible for any failure to perform, or delay in performance of, any of our obligations under a Subscription Order that is caused by an Event Outside Our Control.

17.2 An “Event Outside Our Control” means any act or event beyond our reasonable control, including without limitation strikes, lock-outs or other industrial action by third parties, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack, war (whether declared or not) or threat or preparation for war, fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural disaster, or failure of public or private telecommunications networks.

17.3 If an Event Outside Our Control takes place that affects the performance of our obligations under a Subscription Order:

    1. we will contact you as soon as reasonably possible to notify you; and
    2. our obligations under a Subscription Order will be suspended and the time for performance of our obligations will be extended for the duration of the Event Outside Our Control. Where the Event Outside Our Control prevents you from accessing or using the Beauhurst Platform for more than a negligible period, we will arrange for you to be refunded for the affected period.

18. Communications between us

18.1 When we refer in this Subscription Order to “in writing”, this includes email.

18.2 Any notice or other communication given by you to us, or by us to you, under or in connection with the Subscription Order shall be in writing and shall be delivered personally, sent by pre-paid first-class post or other next working day delivery service or e-mail.

    1. A notice or other communication shall be deemed to have been received: if delivered personally, when left at our registered office; if sent by pre-paid first-class post or other next working day delivery service, at 9.00 am on the second Business Day after posting or if sent by e-mail, on the next Business Day after transmission.
    2. In proving the service of any notice, it will be sufficient to prove, in the case of a letter, that such letter was properly addressed, stamped and placed in the post and, in the case of an email, that such email was sent to sg@beauhurst.com.
    3. The provisions of this paragraph 18 shall not apply to the service of any proceedings or other documents in any legal action.

19. Confidentiality

19.1 Each party undertakes to the other (the “disclosing party”) in relation to Confidential Information of the other:

    1. to keep confidential all Confidential Information;
    2. not to disclose Confidential Information without the other’s prior written consent to any other person except those of its representatives who have a need to know the Confidential Information; and
    3. not to use Confidential Information except for the purposes of performing its obligations under this Subscription Order;
19.2 Paragraph 19.1 does not apply to Confidential Information to the extent that it is or was:
    1. already in the possession of the other party from a source other than the disclosing party and free of any obligation of confidentiality on the date of its disclosure;
    2. in the public domain other than as a result of a breach of this paragraph 19;
    3. required to be disclosed:
      1. pursuant to applicable laws, or the requirements of any government body or relevant regulatory authority, or the rules of any exchange on which the securities of a party are or are to be listed; or
      2. in connection with proceedings before a court of competent jurisdiction or under any court order of such a court or for the purpose of receiving legal advice, but only to the extent and for the purpose of that disclosure.19.3 The Subscribing Organisation undertakes to keep all Beauhurst Data confidential and to only disclose it:
    4. as specifically authorised by this Subscription Order;
    5. with the written consent of Beauhurst;
    6. as required by applicable laws; or
    7. as strictly necessary in connection with proceedings before a court of competent jurisdiction or under any court order of such a court or for the purposes of receiving legal advice.19.4 Without prejudice to any of our other rights or remedies, the Subscribing Organisation acknowledges and agrees that damages would not be an adequate remedy for any breach of this paragraph 19 and the remedies of injunction, specific performance and other equitable relief are appropriate for any threatened or actual breach of this provision and no proof of special damages shall be necessary for the enforcement of the rights under this paragraph 19.

20. Subscribers’ marks

20.1 If (and only if) you give us explicit permission in writing, we may use your logo or other trade mark in our marketing material for the duration of your Subscription to show that you are a client.

20.2 You may request that certain exportable material downloaded from the Beauhurst Platform is branded with your logo or mark. Please note that there may be a charge for this service. In such circumstances, you hereby grant us a non-exclusive licence to use your logo or mark on any such material so generated and you hereby indemnify us and agree to keep us indemnified against all claims, expenses, liabilities, damages, costs and / or other losses should there be any claim that your logo or other trade mark infringes any intellectual property rights belonging to a third party. 

21. Intellectual Property Rights

2.1 We are the owner or the licensee of all intellectual property rights in or relating to the Beauhurst Platform, and in the material published on it.  They are protected by copyright and other intellectual property laws and treaties around the world. All such rights are reserved.

2.2 “Beauhurst” is a UK and US registered trade mark of Business Funding Research Limited. You may not use any trade mark of ours (or any confusingly similar trade mark) for any purpose except as expressly permitted by us in writing or under applicable law.

22. Other important terms

22.1 We may transfer our rights and obligations under a Subscription Order to another organisation, but this will not affect your rights or our obligations under this Subscription Order. We will always notify you if this happens.

22.2 Any Subscription Order is between you and us. Subject to paragraph 22.1 above, no other person shall have any rights to enforce any of its terms, whether under the Contracts (Rights of Third Parties) Act 1999 or otherwise.

22.3 This Subscription Order supersedes any terms you may seek to impose via a purchase order or otherwise. No variation of this Subscription Order shall be effective unless it is in writing and agreed in writing by the parties or their authorised representatives.

22.4 Each of the paragraphs of this Subscription Order operates separately. If any court or relevant authority decides that any of them are unlawful or unenforceable, the remaining paragraphs will remain in full force and effect and any affected provision will be replaced by an alternative lawful provision which is as close as possible substantively to the affected provision.

22.5 If we fail to insist that you perform any of your obligations under this Subscription Order, or if we do not enforce our rights against you, or if we delay in doing so, that will not mean that we have waived our rights against you and will not mean that you do not have to comply with those obligations. If we do waive a default by you, we will only do so in writing, and that will not mean that we will automatically waive any later default by you.

22.6 This Subscription Order and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.

API Terms and Conditions

1. Introduction

1.1 These API terms and conditions, and the API Terms Sheet set out above (together, the API Terms), comprise the terms which govern your access to and use of the application programming interface and any related data, images, text, information or other content owned by or licensed to Beauhurst from time to time (together, the Beauhurst API) contained on or made available via the Beauhurst Platform provided by Beauhurst via the website at www.beauhurst.com (the Website). References to ‘Beauhurst’, ‘we’, ‘us’ and/or ‘our’ are references to Business Funding Research Limited, a company registered in England and Wales with registered number 07312969 and references to ‘API Licensee’, ‘you’, ‘your’ and/or ‘yourself’ are references to the API Licensee set out in the API Terms Sheet.

1.2 You acknowledge that the Beauhurst API shall not under any circumstances be used by, and you shall not permit (directly or indirectly) the Beauhurst API to be made available to, “consumers” (as defined in Regulation 4 of the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013).

1.3 By signing these API Terms, you indicate that:

  • 1.3.1 you have read, understood and agree to be bound by these API Terms; and
  •  
  • 1.3.2 you acknowledge that you have not relied on any representation or statement which is not expressly set out in these API Terms.

1.4 In order to access and use the Beauhurst API, you must have a Fixed Term Subscription and access the Beauhurst Platform. For the avoidance of doubt, your access to and use of the Beauhurst Platform is governed by the Subscription Terms and Conditions, the Data Policy and the Website’s Privacy Policy and Cookie Policy, which shall apply to your access to and use of the Beauhurst API under these API Terms.

1.5 Unless otherwise defined in these API Terms, all defined terms in the Subscription Terms and Conditions shall apply to these API Terms.

2. Duration

2.1 These API Terms shall commence on the later of:

  • 2.1.1 the Start Date of your Fixed Term Subscription; and
  • 2.1.2 the Start Date set out in the API Terms Sheet.

2.2 These API Terms shall automatically expire on the earlier of:

  • 2.2.1 the expiry of your Fixed Term Subscription; and
  • 2.2.2 the Expiry Date set out in the API Terms Sheet.

2.3 For the avoidance of doubt, upon the expiry or earlier termination of the Subscription Terms and Conditions, these API Terms (including, without limitation, your right to access and use the Beauhurst API pursuant to the licence granted to you by us pursuant to clause 4) shall automatically and immediately terminate.

3. warranties

3.1 You hereby warrant and undertake that:

  • 3.1.1 you are authorised and legally entitled to enter into an agreement with us on these API Terms and that in doing so you shall not breach any law, regulation, code of conduct, code of practice or any obligation to any third party;
  •  
  • 3.1.2 you shall comply with all applicable laws, regulations and other requirements, including any reasonable requirements or guidelines provided by us;
  •  
  • 3.1.3 you shall provide complete and accurate information about you and Users authorised by you (Authorised Users) and keep that information up to date at all times and ensure that the Authorised Users comply with these API Terms at all times; and
  •  
  • 3.1.4 you shall at all times act in good faith in your dealings with us.

4. licence

4.1 Subject to:

  • 4.1.1 your payment of the fees set out in the API Terms Sheet (the Fees); and
  • 4.1.2 your compliance with these API Terms,

we hereby grant you a limited, revocable, non-transferable, non-sub-licensable, non-exclusive licence to access and use the Beauhurst API, only for your own internal purposes in relation to integrating your software with the Beauhurst Platform to enable it to interact with the Beauhurst Platform on an automated basis (the Permitted Purpose).

For these purposes, ‘internal’ means use only by employees or other Authorised Users within your company, partnership or organisation. Where a Team is specified in the API Terms Sheet, usage is limited solely to employees or other Authorised Users within that Team.

4.2 Beauhurst will at its sole discretion provide you with Beauhurst Data in relation to your use of the Beauhurst API pursuant to clause 4.1 above. Beauhurst Data comprises of proprietary and third party data. Whilst we do our upmost to ensure the accuracy and validity of Beauhurst Data, we cannot guarantee that Beauhurst Data is entirely accurate or complete. The provision of Beauhurst Data to you does not indicate any recommendation, endorsement or approval by us of the Beauhurst Data. You should carry out your own checks to verify the accuracy of the Beauhurst Data before you use or rely on it. Beauhurst Data may only be used only in relation to your use of the Beauhurst API in accordance with the Permitted Purpose, and/or as expressly provided in the Subscription Terms and Conditions. For the avoidance of doubt, your use of the Beauhurst Data shall be subject to all restrictions hereunder which apply to the Beauhurst API.

4.3 Beauhurst may also make available to you information, specifications, supporting materials and other data and requirements describing the operational and functional capabilities, use limitations, technical and engineering requirements, and testing and performance criteria relevant to the proper use of the Beauhurst API (collectively, the Specifications) and you shall at all times access and use the Beauhurst API in accordance with the Specifications or other instructions provided by Beauhurst from time to time.

4.4 Without prejudice to clauses 4.1, 4.2 and 4.3 above, you agree that you shall not under any circumstances
(without our prior written consent):

  • 4.4.1 disclose or make available the Beauhurst API (or any part thereof) to any third party;
  •  
  • 4.4.2 license, sell, rent, lease, transfer, assign, distribute, display, disclose or otherwise commercially exploit the Beauhurst API;
  •  
  • 4.4.3 use the Beauhurst API to provide data compilation, aggregation, or any other services to any third party;
  •  
  • 4.4.4 enable or assist the use of the Beauhurst API by any third party;
  •  
  • 4.4.5 knowingly infringe the rights of any third party, including intellectual property or data rights, or breach any obligation owed to any third party through your use of the Beauhurst API;
  •  
  • 4.4.6 create any software or other application for use with or in connection with the Beauhurst API, save for any required for the Permitted Purpose;
  •  
  • 4.4.7 use any Beauhurst trademarks or brand names;
  •  
  • 4.4.8 use the Beauhurst API in any other way which is prejudicial to the interests of Beauhurst; or
  •  
  • 4.4.9 do or omit to do anything which has or is likely to have a detrimental impact on the performance of the Beauhurst Platform. Specifically, you shall not, without limitation:
  1. modify, adapt or hack the Beauhurst API, or otherwise attempt to gain unauthorized access to the Beauhurst API or the Beauhurst Platform;
  2. interfere with or disrupt the operation of the Beauhurst API or the servers or networks used to make the Beauhurst API available, including by hacking or defacing any portion of the Beauhurst API or content made available through the Beauhurst API or violate any requirement, procedure or policy of such servers or networks;
  3. post, transmit or otherwise make available through or in connection with the Beauhurst API any virus, worm, Trojan horse, Easter egg, time bomb, spyware or other computer code, file or program that is or is potentially harmful or invasive or intended to damage or hijack the operation of, or to monitor the use of, any hardware, software or equipment.

4.5 You shall keep all account information, including, without limitation, Beauhurst API key(s), username(s) and password(s) (Account Details), secure and strictly confidential and employ reasonable security processes to that end. The Account Details are personal to you and may not be assigned, transferred, sublicensed or disclosed to any third party without our prior written consent. You agree to notify us immediately by emailing our account management team at am@beauhurst.com if you become aware of any unauthorised use of the Account Details. You are responsible for all activities and/or transactions carried out using your Account Details, whether or not such activities and/or transactions have been authorised by you, unless the unauthorised activities and/or transactions result from our failure to meet reasonable security obligations.

5. Fees and Payment

5.1 You agree to pay the Fees in accordance with the payment requirements set out in the API Terms Sheet.

5.2 The Fees stated in the API Terms Sheet are exclusive of VAT.

5.3 Unless otherwise stated in the API Terms Sheet, you shall pay all Fees payable for the duration of these API Terms upfront and in advance of the commencement of these API Terms.

5.4 All payment of Fees must be made in full (without deduction, set-off or withholding) in cleared funds by the payment date specified in the invoice. In the event that you fail to pay any amount on the due date, we shall be entitled (without prejudice to any other rights and remedies) to suspend your Account Details, your Fixed Term Subscription and/or your access to and use of the Beauhurst API, charge interest on the overdue amount at the rate of 8% above the then-prevailing Bank of England base rate until payment is received in full, and/or require the immediate payment of the full outstanding balance of the Fees.

5.5 Any dispute relating to Fees must be raised within 14 days of receipt of our invoice, failing which the invoice shall be deemed accepted and any right of dispute waived. In order to dispute any part or parts of an invoice, you must first pay any undisputed portion(s).

5.6 We may, at our sole discretion, require you at any time to pay a deposit, make payment on account or provide a form of guarantee as security for the payment of amounts due under these API Terms.

6. ownership

6.1 The Beauhurst API, including, without limitation, all intellectual property rights, data rights and database rights therein, is the property of or licensed to Beauhurst. You have no rights in relation to the Beauhurst API other than the limited right of access and use set out in clause 4 above.

6.2 Any third party rights comprised in or relating to the Beauhurst API, including, without limitation, all rights relating to any third party data, shall belong to the applicable third party owner. Save as expressly set out in clause 4, nothing in these API Terms shall be construed as granting you any right or licence in relation to third party materials or content. If you wish to use third party materials or content (including, without limitation, any third party data comprised in the Beauhurst Data) other than as expressly permitted under these API Terms or the Subscription Terms and Conditions, you must obtain a licence from the third party owner concerned for such additional use which may be subject to payment by you of additional fees and expenses. For the sake of clarity, as long as you use Beauhurst Data with strict accordance with these API Terms & Conditions and the Subscription Terms and Conditions, you will need no further licenses.

6.3 You represent and undertake that, except as may be permitted under applicable laws or expressly agreed by us in relation to the Permitted Purpose, that you shall not:

  • 6.3.1 attempt to copy, modify, duplicate, create derivative works from, frame, mirror, republish, download, display, transmit or distribute all or any portion of the Beauhurst API or any related or associated documentation (Documentation) (as applicable) in any form or media or by any means; or
  •  
  • 6.3.2 attempt to reverse compile, disassemble, reverse engineer or otherwise reduce to human perceivable form all or any part of the Beauhurst API.

6.4 The above restriction on reverse compiling, disassembling, reverse engineering or otherwise reducing any machine-readable software comprised in Beauhurst API to human-readable form (reverse engineering) shall not prevent reduction of the Beauhurst API to human readable form to the extent necessary for the purposes of integrating the operation of the Beauhurst API with the operation of other software or systems used by you provided that you are only permitted to carry out reverse engineering for such purpose if you first notify us by emailing our account management team at am@beauhurst.com and we do not respond in 30 days. If we do respond in 30 days you shall allow us to carry out the integration and/or provide you with necessary information to achieve such integration.

7. indemnity

You agree to defend, indemnify and hold us harmless against claims, actions, proceedings, losses, damages, expenses and costs (including, without limitation, court costs and reasonable legal fees) arising out of or in connection with infringement by you of our intellectual property rights and/or breach of your obligations in respect of our Confidential Information.

8. Limitations of Liability

8.1 This clause sets out our entire financial liability (including, without limitation, any liability for the acts or omissions of our employees, officers, agents and sub-contractors) to you in respect of:

  • 8.1.1 any breach of these API Terms;
  •  
  • 8.1.2 any use made by you of the Beauhurst API, Beauhurst Data or any parts thereof; and
  •  
  • 8.1.3 any representation, statement or tortious act or omission (including negligence).

8.2 We shall supply the Beauhurst API to you using reasonable care and skill. However, you acknowledge and accept that we cannot promise that the Beauhurst API will be bug-free, error-free, immune from security risks or available on an uninterrupted basis. Although we shall use reasonable endeavours to maintain the accuracy and availability of the Beauhurst API, we cannot guarantee that the information will be accurate at all times, that you will always be able to access the Beauhurst API and/or that bugs and errors can be fixed.

8.3 Nothing in these API Terms excludes or limits our liability for:

  • 8.3.1 death or personal injury caused by our negligence;
  •  
  • 8.3.2 fraud or fraudulent misrepresentation;
  •  
  • 8.3.3 our failure to provide the Beauhurst API to you with reasonable care and skill; or
  •  
  • 8.3.4 any other matter for which it would be illegal for us to exclude or limit, or attempt to exclude or limit, our liability.

8.4 We make the Beauhurst API available to you for the Permitted Purpose only, therefore we are not liable to you for:

  • 8.4.1 any business interruption;
  •  
  • 8.4.2 any loss of profits, sales, business or revenue;
  •  
  • 8.4.3 loss or corruption of data, information or software;
  •  
  • 8.4.4 loss of business opportunity;
  •  
  • 8.4.5 loss of anticipated savings;
  •  
  • 8.4.6 loss of goodwill; or
  •  
  • 8.4.7 any indirect or consequential loss.

8.5 Our total aggregate liability in contract, tort (including, without limitation, negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with the Beauhurst API, the Beauhurst Data and/or our performance or contemplated performance of these API Terms, shall be limited to:

  • 8.5.1 £10,000; or
  •  
  • 8.5.2 the total Fees paid by you in the 12 months immediately prior to the event or incident which gives rise to the claim,

whichever is the greater.

9. Termination by us

9.1 Your access to and use of the Beauhurst API is subject to your compliance with these API Terms. We may terminate these API Terms and your access to/use of the Beauhurst API immediately if you:

  • 9.1.1 commit a material breach of any of these API Terms, provided that if the breach is something which can be cured we shall give you notice of the breach and 30 days in which to cure the breach before we terminate;
  •  
  • 9.1.2 cease to be able to pay your debts as they fall due or if you enter into insolvency or administration proceedings, make an arrangement with creditors, or take or suffer any similar or analogous action in any jurisdiction; or
  •  
  • 9.1.3 provide to us any false, misleading or otherwise inaccurate information.

9.2 You shall not be entitled to a refund of any Fees paid by you for use of the Beauhurst API at any time prior to the expiry or earlier termination of the API Terms. You are responsible for paying the Fees accrued due until the date of expiry or earlier termination of these API Terms. Upon expiry or earlier termination, we shall invoice you for any Fees accrued due.

9.3 We may also withdraw or restrict the availability of all or any part of the Beauhurst API for business and operational reasons at any time. We shall provide you with reasonable advance notice where possible.

9.4 For the avoidance of doubt, clauses 6, 7, 8, 11, 17 and 19 shall survive the expiry or earlier termination of these API Terms.

10. Privacy

Any personal data processed under these API Terms shall be processed in accordance with the Subscription Terms, the Data Policy and the Website’s Privacy Policy and Cookie Policy.

11. Confidentiality

11.1 Each of Beauhurst and the API Licensee (the Recipient) agree to keep secret any confidential information received from the other (the Disclosing Party), namely any information which is confidential in nature or is marked as such, including information and material relating to the Disclosing Party’s business and financial information/history, intellectual property rights, business processes, supplier relationships, client details and activities under, and the existence of, these API Terms (Confidential Information). For the avoidance of doubt, the Beauhurst API and the Beauhurst Data (including all related information and data) are confidential.

11.2 Each of Beauhurst and the API Licensee agree:

  • 11.2.1 not to disclose any Confidential Information to any third party without the prior written consent of
    the Disclosing Party;
  •  
  • 11.2.2 to store all Confidential Information in a secure place when not in use;
  •  
  • 11.2.3 to safeguard Confidential Information in a manner no less secure than each of Beauhurst and the API Licensee respectively apply to their own confidential information of the same or similar nature; and
  •  
  • 11.2.4 to use the Confidential Information only for the purposes of performing their respective obligations under these API Terms.

11.3 Confidential Information shall not include information that the Recipient can demonstrate on reasonable grounds:

  • 11.3.1 was previously known by the Recipient without any obligation to hold it in confidence;
  •  
  • 11.3.2 is independently developed by the Recipient without reference to the Confidential Information;
  •  
  • 11.3.3 is or becomes available to the public through no breach of these API Terms;
  •  
  • 11.3.4 is required to be disclosed by law, regulations, valid order of a court or other governmental body, provided that the Recipient shall use its commercially reasonable efforts to notify the Disclosing Party in advance of such required disclosure; or
  •  
  • 11.3.5 which is lawfully received, without restriction, against disclosure, from a third party free to disclose such information.

12. Force Majeure

Events outside our reasonable control, including, without limitation, telecommunications failures, power failures, severe weather, terrorist attack, industrial disputes and acts of government and other competent jurisdictions, may prevent or limit your access to and use of the Beauhurst API and/or prevent or delay us carrying out our obligations under these API Terms. We shall not be liable or responsible for any failure or delay in making the Beauhurst API available to you or any failure or delay in carrying out our obligations under these API Terms caused by an event outside our reasonable control.

13. Amendments

We reserve the right to make changes to these API Terms at any time. However, if we make any changes to these API Terms, you shall be asked to read the updated API Terms and indicate your agreement to the changes by signing the updated API Terms. By signing the updated API Terms, you shall be deemed to have understood and accepted the updated API Terms, which form a binding agreement between you and us.

14. Assignment

The rights granted under these API Terms are personal to you and you may not sell, assign, delegate, subcontract, mortgage, charge or otherwise transfer any or all of your rights and obligations without our prior written agreement. We may at any time transfer any or all of our rights under the API Terms without your consent provided that such transfer does not prejudice your rights under the API Terms.

15. Costs and Expenses

Except as otherwise stated in these API Terms, each party shall pay its own costs and expenses in relation to the negotiation, preparation, execution and carrying into effect of these API Terms and all documents ancillary to it.

16. Severance

If any provision of these API Terms is prohibited by law or judged by a court of competent jurisdiction to be unlawful, void or unenforceable, the provision shall, to the extent required, be severed from these API Terms and rendered ineffective as far as possible without modifying the remaining provisions, and shall not in any way affect any other circumstances of or the validity or enforcement of these API Terms.

17. General

17.1 The rights and remedies provided in these API Terms are cumulative and not exclusive of any rights and remedies provided by law or otherwise.

17.2 No breach by any party of any provision of these API Terms shall be waived or discharged except with the express written consent of the other parties.

17.3 No failure or delay by any party in exercising any right, power or privilege under these API Terms shall operate as a waiver of that right, power or privilege and no single or partial exercise by any party of any right, power or privilege shall preclude any further exercise of that right, power or privilege or the exercise of any other right, power or privilege.

17.4 The parties do not intend that any term of these API Terms shall be enforceable solely by virtue of the Contracts (Rights of Third Parties) Act 1999 by any person who is not a party to these API Terms.

18. Entire Agreement

18.1 Notwithstanding clause 3.1 of the Subscription Terms, these API Terms, together with any documents referred to in them, shall be incorporated into the entire agreement between you and us in relation to your Fixed Term Subscription.

18.2 These API Terms supersede and extinguish all previous agreements, promises, assurances, warranties, representations and understandings between you and us, whether written or oral, relating to the Beauhurst API subject matter.

19. Governing law and jurisdiction

18.1 Notwithstanding clause 3.1 of the Subscription Terms, these API Terms, together with any documents referred to in them, shall be incorporated into the entire agreement between you and us in relation to your Fixed Term Subscription.

18.2 These API Terms supersede and extinguish all previous agreements, promises, assurances, warranties, representations and understandings between you and us, whether written or oral, relating to the Beauhurst API subject matter.