These Terms were last updated on 11 September 2019 and the changes will be effective immediately.
Please read them carefully.
“Additional User” means any person or entity, other than the Subscriber, that uses the Service with the authorisation of the Subscriber from time to time.
“Confidential Information” includes all information exchanged between the parties to this Agreement, whether in writing, electronically or orally, including the Service but does not include information which is, or becomes, publicly available other than through unauthorised disclosure by the other party.
“Data” means any data/information entered by You or with Your authority into the Website.
“Fee Schedule” means the information relating to subscriptions and billing agreed with you upon sign up which may change from time to time.
“Future and Fast” means Future and Fast Pvt. Limited a company registered with Pakistan Security Exchange Commission.
“Intellectual Property Right” means any patent, trade mark, service mark, copyright, moral right, right in a design, know-how and any other intellectual or industrial property rights, anywhere in the world whether or not registered.
“Service” means the online accounting software services made available to you via the Website, which may be changed or updated from time to time.
“Subscriber” means the person who registers to use the Service, and, where the context permits, includes any entity on whose behalf that person registers to use the Service.
“Subscription Fee” means the monthly fee (excluding any taxes and duties) payable by You in accordance with the Fee Schedule.
“You” means the Subscriber, and where the context permits, an Additional User. “Your” has a corresponding meaning.
“Website” means the Internet site at the domain www.fastaccounts.pk
Future and Fast grants You the right to access and use the Service via the Website with the particular user roles available to You according to Your subscription type. This right is non-exclusive, non-transferable, and limited by and subject to this Agreement.
You acknowledge and agree that, subject to any applicable written agreement between the Subscriber and the Additional Users, or any other applicable laws:
An invoice for the Subscription Fee will be issued each quarter in accordance with the details set out in the Fee Schedule. Future and Fast will continue invoicing You in accordance with the Fee Schedule until this Agreement is terminated in accordance with clause 8.
All invoices will be sent to You, by email. Payment of all amounts specified in an invoice must be paid in accordance with the Fee Schedule.
You are responsible for payment of all taxes and duties in addition to the Subscription Fee.
You may from time to time be offered preferential pricing or discounts for the Subscription Fees, Future and Fast reserves the right to terminate such preferential pricing or discounts.
You must only use the Service and Website for Your own lawful internal business purposes, in accordance with these Terms and any notice sent by Future and Fast or condition posted on the Website. You may use the Service and Website on behalf of others or in order to provide services to others but if You do so you must ensure that You are authorized to do so and that all persons for whom or to whom services are provided comply with and accept all terms of this Agreement that apply to You.
Use of the Service may be subject to limitations, including but not limited to monthly transaction volumes and the number of calls You are permitted to make against Service application programming interface. Any such limitations will be advised.
You indemnify Future and Fast against: all claims, costs, damage and loss arising from Your breach of any of these Terms or any obligation You may have to indemnify Future and Fast, including (but not limited to) any costs relating to the recovery of any Subscription Fees that are due but have not been paid by You.
Unless the relevant party has the prior written consent of the other or unless required to do so by law:
The provisions of clauses 4.1.1 and 4.1.2 shall not apply to any information which:
Title to, and all Intellectual Property Rights in the Services, the Website and any documentation relating to the Services remain the property of Future and Fast (or its licensors).
Title to, and all Intellectual Property Rights in, the Data remain Your property. However, Your access to the Data is contingent on full payment of the Future and Fast Subscription Fee when due. You grant Future and Fast a licence to use, copy, transmit, store, and back-up Your information and Data for the purposes of enabling You to access and use the Services and for any other purpose related to provision of services to You.
You must maintain copies of all Data inputted into the Service. Future and Fast adheres to its best practice policies and procedures to prevent data loss, including a daily system data back-up regime, but does not make any guarantees that there will be no loss of Data. Future and Fast expressly excludes liability for any loss of Data no matter how caused.
If You enable third-party applications for use in conjunction with the Services, You acknowledge that Future and Fast may allow the providers of those third-party applications to access Your Data as required for the interoperation of such third-party applications with the Services. Future and Fast shall not be responsible for any disclosure, modification or deletion of Your Data resulting from any such access by third-party application providers.
You warrant that where You have registered to use the Service on behalf of another person, You have the authority to agree to these Terms on behalf of that person and agree that by registering to use the Service You bind the person on whose behalf You act to the performance of any and all obligations that You become subject to by virtue of these Terms, without limiting Your own personal obligations under these Terms.
You acknowledge that:
6.2.1. You are authorized to use the Services and the Website and to access the information and Data that You input into the Website, including any information or Data input into the Website by any person you have authorized to use the Service. You are also authorized to access the processed information and Data that is made available to You through Your use of the Website and the Services (whether that information and Data is Your own or that of anyone else).
6.2.2. Future and Fast has no responsibility to any person other than You and nothing in this Agreement confers, or purports to confer, a benefit on any person other than You. If You use the Services or access the Website on behalf of or for the benefit of anyone other than yourself (whether a body corporate or otherwise) you agree that:
6.2.3. The provision of, access to, and use of, the Services is on an "as is" basis and at Your own risk.
6.2.4. Future and Fast does not warrant that the use of the Service will be uninterrupted or error free. Among other things, the operation and availability of the systems used for accessing the Service, including public telephone services, computer networks and the Internet, can be unpredictable and may from time to time interfere with or prevent access to the Services. Future and Fast is not in any way responsible for any such interference or prevention of Your access or use of the Services.
6.2.5. Future and Fast is not Your accountant and use of the Services does not constitute the receipt of accounting advice. If You have any accounting questions, please contact an accountant.
6.2.6. It is Your sole responsibility to determine that the Services meet the needs of Your business and are suitable for the purposes for which they are used.
6.2.7. You remain solely responsible for complying with all applicable accounting, tax and other laws. It is Your responsibility to check that storage of and access to your Data via the Software and the Website will comply with laws applicable to you (including any laws requiring you to retain records).
Future and Fast gives no warranty about the Services. Without limiting the foregoing, Future and Fast does not warrant that the Services will meet Your requirements or that it will be suitable for any particular purpose. To avoid doubt, all implied conditions or warranties are excluded in so far as is permitted by law, including (without limitation) warranties of merchantability, fitness for purpose, title and non-infringement.
You warrant and represent that You are acquiring the right to access and use the Services for the purposes of a business and that, to the maximum extent permitted by law, any statutory consumer guarantees or legislation intended to protect non-business consumers in any jurisdiction does not apply to the supply of the Services, the Website or these Terms.
When You first sign up for access to the Services You can evaluate the Services under the defined trial usage conditions, with no obligation to continue to use the Services. If You choose to continue using the Services thereafter, You will be billed first time for the Services after the end of trial period, in accordance with the detail set out in the Fee Schedule. If You choose not to continue using the Services, You should inform us to delete Your Account from the Website and Services.
Future and Fast will not provide any refund for any remaining prepaid period for a prepaid Subscription Fee.
These Terms will continue for the period covered by the Subscription Fee paid or payable under clause 3.1. At the end of each billing period these Terms will automatically continue for another period of the same duration as that period, provided You continue to pay the prescribed Subscription Fee in accordance with the Fee Schedule, unless either party terminates these Terms by giving at least one month’s advance written notice. If You elect to terminate these Terms by providing one month's advance written notice, You shall be liable to pay all relevant Subscription Fees up to and including the day of termination of these Terms.
Future and Fast may take any or all of the following actions, at its sole discretion:
For the avoidance of doubt, if payment of any invoice for Subscription Fees due in relation to any of Your Account (as defined at clause 3) is not made in accordance with the requirements set out in the Fee Schedule, Future and Fast may: suspend or terminate Your use of the Service, the authority for all or any of Your Organizations to use the Service, or Your rights of access to all or any Data.
Termination of these Terms is without prejudice to any rights and obligations of the parties accrued up to and including the date of termination. On termination of this Agreement You will:
Clauses 3.1, 3.6, 4, 5, 6, 7, 8 and 10 survive the expiry or termination of these Terms.
In the case of technical problems You must make all reasonable efforts to investigate and diagnose problems before contacting Future and Fast. If You still need technical help, please check the support provided online by Future and Fast on the Website or failing that email us at email@example.com.
Whilst Future and Fast intends that the Services should be available 24 hours a day, seven days a week, it is possible that on occasions the Services or Website may be unavailable to permit maintenance or other development activity to take place.
If for any reason Future and Fast has to interrupt the Services for longer periods than Future and Fast would normally expect, Future and Fast will use reasonable endeavours to publish in advance details of such activity on the Website.
If either party waives any breach of these Terms, this will not constitute a waiver of any other breach. No waiver will be effective unless made in writing.
Neither party will be liable for any delay or failure in performance of its obligations under these Terms if the delay or failure is due to any cause outside its reasonable control. This clause does not apply to any obligation to pay money.
You may not assign or transfer any rights to any other person without Future and Fast's prior written consent.
In all situations this Agreement is governed by the laws of Pakistan and You hereby submit to the exclusive jurisdiction of the courts of Pakistan for all disputes arising out of or in connection with this Agreement.
If any part or provision of these Terms is invalid, unenforceable or in conflict with the law, that part or provision is replaced with a provision which, as far as possible, accomplishes the original purpose of that part or provision. The remainder of this Agreement will be binding on the parties.
Any notice given under these Terms by either party to the other must be in writing by email and will be deemed to have been given on transmission. Notices to Future and Fast must be sent to firstname.lastname@example.org or to any other email address notified by email to You by Future and Fast. Notices to You will be sent to the email address which You provided when setting up Your access to the Service.
A person who is not a party to these Terms has no right to benefit under or to enforce any term of these Terms.
These Terms are binding on any use of the Service and apply to You from the time that Future and Fast provides You with access to the Service.
By registering to use the Service you acknowledge that You have read and understood these Terms and have the authority to act on behalf of any person for whom You are using the Service. You are deemed to have agreed to these Terms on behalf of any entity for whom you use the Service.