Terms of Service

Last Updated: November 2023

1. Introduction

Welcome to Assetfront!

These user service terms (“Terms of Service”) govern your use (“You” or “User”) of Integrated Cooperative Solutions Holding' (“ICHS”) Assetfront account (“Assetfront account”).

Assetfront is a Software-as-a-Service (“SaaS”) machine lifecycle management software service, including disposal through our Retrade auction site (“Retrade”) and related services, designed to help users efficiently manage their assets from cradle to grave (“The Service(s)”). The Service may include updates, new features, and support.

By using our Service, you agree to comply with and be bound by these Terms of Service. If you do not agree with any part of these terms, please do not use our services.

If or when you upload video about a machine asset to Assetfront, and then subsequently transfer this machine asset to the Retrade auction site for sale, Assetfront will use the YouTube API Services to upload this video file to YouTube. This YouTube video will be embedded on the auction listing site for that particular machine asset, and also featured on Retrade’s YouTube channel. As such, by uploading videos to Assetfront, you also agree to be bound by the YouTube Terms of Service.

If or when you decide to transfer a machine asset from Assetfront to Retrade (www.retrade.eu) for auction sale, you become a seller on Retrade and therefore also agree to comply with and be bound by Retrade’s Terms of Use.

We encourage you to read these Terms of Service carefully. The Terms of Service may be updated from time to time without notice. However, we will notify you and ask for your consent when we make significant changes to the Terms of Service.

2. Your Assetfront account

You must create an Assetfront account to access our Services.

All information you provide when registering must be correct and complete, and you are personally responsible for keeping it up to date. You can change the registered information on the profile pages of your Assetfront account or by contacting us at support@assetfront.com at any time.

You are responsible for all activities that occur under your account. Therefore, it is important that you keep your login information safe so that it does not fall into the wrong hands. If you know, or suspect, that someone else has access to your login information, you must immediately notify us at support@assetfront.com. You are personally responsible for logging out of your Assetfront account and ensuring that you do not leave your computer, phone or other devices unattended while logged in.

You can close your Assetfront account at any time. However, you must be aware that the use of the Service or parts of the Service does require you to have an active Assetfront account. This means that you will no longer be able to access those services or parts of the services if you close your Assetfront account.

3. Use of your Assetfront account

Legal use

You are responsible for ensuring that all use of your Assetfront account and services is made in accordance with these Terms of Service, as well as applicable laws and regulations.

Violation of these Terms of Service

If you have acted in violation of these Terms of Service, or if ICSH has reasonable grounds to believe that such a violation has occurred or will occur, ICSH may temporarily or permanently close or block access to your Assetfront account with immediate effect and without prior notice.

Availability

Your Assetfront account may from time to time be completely or partially unavailable due to system maintenance or other reasons. We will provide you with information about limited availability as soon as possible. However, ICSH cannot under any circumstances be held responsible for consequences or damage arising as a result of you not being able to use your Assetfront account in the intended way.

4. Privacy

We respect your privacy. Our Privacy Policy outlines how we collect, use, and protect your personal information. By using Assetfront, you consent to the collection and use of your information as described in our Privacy Policy.

5. Fees and Payments

Assetfront is currently a free Service. However, in future, user access to certain features of the Service may require a subscription or one-time payment. Payment details and terms will in that case be provided separately, so that you may decide to whether or not to sign up for such additional for-fee services.

6. Intellectual Property

Assetfront owns the intellectual property rights to text, images, designs and other materials and other Assetfront information made available to you through your use of your Assetfront account, as well as the underlying software source code for your Assetfront account. Such material and information may not be used in any other way than within the scope of normal use of your Assetfront account.. You may not copy, reproduce, modify, or distribute any part of our Service without our written consent.

When registering a new machine asset to your account, or when receiving a used machine asset from another Assetfront user, you grant ICSH a perpetual, unlimited use license to all the machine asset data, including the sharing of such machine asset data with other authorized Assetfront users.

7. Transfer of Ownership

You hereby agree that the agreement you have entered into with ICSH by agreeing to these Terms of Service may, without your consent, be transferred to another company that is wholly or partly, directly or indirectly, owned by, or is the parent, sister or daughter company of ICSH, or to a third party in connection with the sale of all or part of the business which also includes your Assetfront account.

8. Limitation of Liability

Assetfront is provided "as is" without any warranty. We are not liable for any damages, direct or indirect, arising from the use or inability to use our service.

9. Severability

In the event that any term of this agreement is held to be invalid or unenforceable by judicial decree of decision, the remainder of this agreement shall remain valid and enforceable.

10. Governing Law

These Terms of Service are governed by the laws of Norway. Any disputes will be resolved in the courts of Oslo.

11. Changes to Terms

We may update these Terms of Service from time to time. The latest version will be posted on our website, and your continued use of Assetfront constitutes acceptance of the updated terms.

12. This is how you can contact us

If you have any questions or comments about these Terms of Service, you can contact Assetfront customer support at support@assetfront.com. .

Thank you for choosing Assetfront!