Terms of Use

  1. Introduction. This website (the “Site”) is owned by Rapid Ratings International Inc. (“Rapid Ratings™”, “we” or “us”). By accessing and using the Site, you agree to be bound by these Terms of Use (“Terms”). The words “you” and “user” refer to anyone who accesses the Site. We may change the Terms at any time without notice. If you use the Site after we have changed the Terms, you will be conclusively deemed to have consented to the modified Terms. Therefore, you should review the Terms carefully from time to time for changes. If you do not agree to the Terms, you should not and may not use the Site.
  2. License. The information provided on the Site is owned by or licensed to Rapid Ratings™ and its affiliates (the “Information”). We grant you a limited, personal, revocable, non-transferable license to use the Site and the Information in compliance with the Terms. Occasionally and on an irregular basis, you may print and download the Information and other materials provided on the Site (collectively, the “Content”) solely for your personal, non-commercial use [or, if you have entered into an Agreement with us, for business use]; provided the Content contains all copyright and other notices in the Information and such materials. However, except as expressly permitted herein, you may not modify, create derivative works of, copy, transmit, distribute, license, sell, or otherwise transfer the Content or any part thereof. In addition, you may not directly or indirectly frame, deep link, scrape, or data mine any of the Content. Furthermore, you may not post any of the Content to any forum, mailing list, list serve, electronic bulletin board, or any other website. You may not use the Site or Content for any purpose which is unlawful or prohibited by the Terms, including collecting information about, or submitted by, other users; interfering with the Site; or systematically taking data from the Content for another website or a database.
  3. Intellectual Property Rights. The Content, including the Site as a compilation and/or a collective work, is protected by law, including but not limited to Australian, United States, UK, Canada, Singapore and New Zealand and other copyright, trade secret, and trademark laws, as well as other national and international laws. All trade names, trademarks, service marks, and other commercial symbols (collectively, the “Marks”) on the Site are the property of their respective owners. You may not use any Mark without the permission of its owner. Except as expressly provided in the Terms, we do not grant you any express or implied right.
  4. Disclaimer. You acknowledge that the credit rating or equity rating we provide is not a recommendation or opinion that is intended to substitute for a financial adviser’s or investor’s independent assessment of whether to buy, sell or hold any financial products. The rating is a statement of opinion derived through our software from public information about the relevant entity. This information and the related corporate ratings and related analysis provided in our reports do not represent an offer to trade in securities. We believe the research information contained in our reports is an objective and independent reference source, which should be used in conjunction with other information in forming the basis for an investment decision. We believe that all of our reports are based on reliable data and information, but we do not (directly or through an independent source) verify or audit the truth or accuracy of any such data and information. We do not and cannot make any guarantee with respect to conclusions derived from such data and information. Each rating we provide is a relative, probabilistic assessment of the credit risk of the relevant entity and its potential to meet financial obligations, but it is not a statement that default will or will not occur since circumstances change and management can adopt new strategies. Our reports have been prepared at the request of, and for the purpose of, the subscribers to our credit and/or equity rating service only. CONSEQUENTLY, YOU ACKNOWLEDGE THAT THE INFORMATION AND OTHER CONTENT IS PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND. RAPID RATINGS™ MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY, OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY OF THE CONTENT. Furthermore, neither we, nor any employee, director, officer, or other person under our control or in our organization, shall have any liability whatsoever to you or any other person or entity for (a) any foreseen or unforeseen loss or damage in whole or in part caused by, resulting from, or relating to any error or other circumstance or contingency within or outside our control in connection with the provision, publication, compilation, analysis, interpretation, editing, transmission, communication, delivery of, or reliance upon, any Content, or (b) any indirect, special, consequential, compensatory, or incidental damages whatsoever (including without limitation, money, profits, time, or good will lost). If, notwithstanding the foregoing, we are found liable to you for any reason, our maximum liability to you is, and you accept as your sole remedy, the amount we actually received from you for the applicable report. Given the nature of the risks involved and the fees, if any, received from you, you agree that the foregoing remedy is fair, reasonable, and just under all circumstances. We may receive fees from issuers, insurers, guarantors, other obligors, and underwriters for rating securities. Such fees generally vary per issue. In certain cases, we will rate all or a number of issues issued by a particular issuer, or insured or guaranteed by a particular insurer or guarantor, for a single annual fee. Such fees are expected to vary. The assignment, publication, or dissemination of a rating by us will not constitute our consent to use our name as an expert in connection with any registration statement filed under the United States securities laws or the securities laws of any particular jurisdiction.
  5. Links. We may provide links to other websites for your convenience. We have not reviewed those sites, which are maintained by third parties over which we have no control, and no link we provide should be construed as an endorsement of any third party website or products or services from any third party. Further, the appearance of a hyperlink to the Site on any third party’s site does not mean we consented to the hyperlink. Users and others are prohibited from establishing hyperlinks to the Site without our prior written permission, which we may deny in our sole discretion.
  6. Password. You need a password to use certain portions of the Site. As part of the registration process, you must select a name and password and provide us with complete, accurate, and up-to-date information. You are solely responsible for the secrecy and use of your password as well as any communications or postings to the Site made through your password. You may not, nor may you allow others to, attempt to interrupt, disrupt, or otherwise modify or interfere with the Site or any Content. We reserve the right to delete or change a password for any reason. You will notify us promptly if you become aware of the loss, theft, or unauthorized use of your password.
  7. Internet Risk; Legal Liability. While we have tried to create a secure Site, we cannot guarantee the privacy or security of any communication or material sent to or from the Site. We also cannot guarantee that there will be no interruption in Internet service, our network, other services, or our or your equipment, e.g., computers, communication lines, etc. Consequently we are not responsible for the security, accuracy, or reliability of, or reliance on, access to or any information transmitted to or from the Site. You acknowledge and assume the entire and complete risk of using the Site. We make no representation that the Content is appropriate or available for use in any particular location. You may not use the Site in any place where such access is prohibited. You acknowledge that unauthorized use or attempted use of the Site may result in civil or criminal prosecution. We may monitor and record activity on the Site without notifying you and without your knowledge or consent. We will also assist law enforcement organizations and will comply with court orders if we deem their requests to be reasonable.
  8. Indemnity. You will indemnify Rapid Ratings™, its licensors and vendors, and all of their respective affiliates, employees, directors, officers, agents, and successors from all damages, liabilities, costs and expenses (including attorney fees and expenses, whether incurred as the result of a third party claim or a claim to enforce this provision), arising out of or related to your use of the Site or the Content or any breach by you of the Terms, whether or not the underlying claim is brought by you or any other person or entity.