Software Terms and Conditions for RatioSIM
These Software Terms and Conditions ("Agreement") govern the use of RatioSIM, an optimization and simulation tool provided by Ratio Technologies Bilişim Arge Dan. San. ve Tic. Ltd. Şti. ("Ratio Technologies," "we," "us," or "our"). By accessing or using RatioSIM, you ("User" or "you") agree to be bound by the terms of this Agreement. If you do not agree with any part of this Agreement, please refrain from using RatioSIM.
#### 1. Scope of the Software
1.1 RatioSIM is an optimization and simulation tool that provides financial analysis and energy analysis for battery energy storage systems. The software utilizes mathematical models and algorithms to generate results based on the inputs provided by the user.
1.2 The reliability of the results depends on the accuracy of the inputs provided by the user, as well as the inherent stochastic nature of our models. While we strive to provide accurate and reliable results, we cannot guarantee the financial outcomes predicted by the simulation.
1.3 RatioSIM is designed to assess the potential feasibility of energy storage investments and offer insights into how an energy storage system may perform under given conditions. It does not provide exact financial or energy analysis that replicates real-life operations. Factors such as energy price forecasting, energy production forecasting, and other system uncertainties contribute to the stochastic nature of the results.
2. Financial Disclaimer
2.1 Ratio Technologies is not responsible for any financial loss incurred by the user as a result of relying on the financial results generated by the simulation. The software's financial analysis is based on the user's inputs and assumptions, and the actual financial outcomes may differ due to various factors beyond our control.
3. Ownership and License
3.1 All ownership rights, title, and interest in RatioSIM, including any intellectual property rights, belong exclusively to Ratio Technologies. This Agreement does not grant you any ownership rights to the software.
3.2 By signing up or purchasing a license for RatioSIM, you are granted a limited, non-exclusive, non-transferable license to use the software for the duration specified in your license package. This license is subject to your compliance with the terms of this Agreement.
4. User Data and Privacy
4.1 Ratio Technologies may collect and use the information and data provided by the user within the software. However, we will not share or sell user data without explicit consent from the user, except as required by law or as outlined in our Privacy Policy.
5. Limitation of Liability
5.1 To the maximum extent permitted by law, Ratio Technologies and its affiliates, directors, officers, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or in connection with the use of RatioSIM.
6. Indemnification
6.1 You agree to indemnify, defend, and hold Ratio Technologies and its affiliates, directors, officers, employees, and agents harmless from any claims, damages, liabilities, losses, costs, or expenses arising out of or in connection with your use of RatioSIM or any violation of this Agreement.
7. Modifications to the Agreement
7.1 Ratio Technologies reserves the right to modify or update this Agreement at any time, at our sole discretion. We will provide notice of any material changes through reasonable means. Your continued use of RatioSIM after such modifications constitutes your acceptance of the revised Agreement.
8. Termination
8.1 Ratio Technologies may, at its sole discretion, terminate your access to RatioSIM or suspend your license if you violate any provision of this Agreement or engage in any unauthorized use or misuse of the software.
9. Governing Law and Jurisdiction
9.1 This Agreement shall be governed by and construed in accordance with