These Terms of Service (the "Terms" or “TOS”) constitute a legally binding agreement between Skyline AI Ltd. ("Skyline", "we," us," and "our") and yourself ("you"). By accessing this website www.skyline.ai, including any subdomains, such as investors.skyline.ai, (the "Site") through a PC mobile, tablet or other device and/or by using any service, content, feature, product or application made available, from time to time, on this Site (all of the foregoing shall be collectively referred to as the "Services") you agree that you have read, understood, accept and agree to be bound by these Terms. In addition to this TOS, our privacy policy, found at https://www.skyline.ai/privacy (the “Privacy Policy”) explains how we protect information you provide to us through the Site and associated Services. If you do not agree to these Terms and/or the Privacy Policy which is incorporated herein by reference, please discontinue your use of the Site and/or any of the Services provided by Skyline.
PLEASE READ THESE TERMS AS WELL AS THE PRIVACY POLICY CAREFULLY AND IN THEIR ENTIRETY BEFORE USING
THE SITE OR ANY SERVICES THAT WE PROVIDE. BY USING THE SITE OR OTHERWISE ACCESSING OR USING OUR
SERVICES, YOU AGREE TO THESE TERMS AND THE PRIVACY POLICY.
You acknowledge and consent that your electronic signature on agreements and documents which are presented to you by Skyline from time to time in respect of the Services has the same legally binding effect as if you signed such agreements in writing and will be deemed valid, authentic, enforceable and binding. You further acknowledge and consent that your electronic actions or your participation in certain electronic processes that are logically associated with a contract or any fully disclosed terms and conditions shall also have the same legal effect as if you signed such contract or agreed to such terms and conditions in writing and you agree that such actions/participation will be deemed a valid and binding contract to the extent such actions/participation indicates your intent to be legally bound.
These Terms together with our Privacy Policy and any additional terms which might apply to any Services offered, from time to time, by or through the Site, including, for the avoidance of doubt, any terms pertaining to the use of any Restricted Services (herein defined) or the terms of any Transaction Document (herein defined) to which you may become a party (collectively, the “Related Terms”) will govern your use of the Site and the Services, as applicable. Skyline may change these Terms and the Related Terms in its sole discretion. If you choose to continue your use of the Site you hereby accept any future changes that may occur. In addition to these Terms, you may enter into other agreements with us or others that will govern your use of the Service or related services offered by us or others. If there is any contradiction between these Terms and another agreement you enter into applicable to specific aspects of the Service, the other agreement shall take precedence in relation to the specific aspects of the Service to which it applies.
Notwithstanding any provision in these Terms to the contrary, we reserve the right, in our sole and absolute discretion, at any time and from time to time, and without notice, to change, amend, or modify these Terms pursuant to Section 13 below, the Privacy Policy, the Site and any of the Services we offer. Your use of the Site or Services, as applicable, following any such modification or change constitutes your agreement to follow and be bound by these Terms / the Privacy Policy, as amended.
The Services are available only to individuals who are at least 18 years old (and at least
the legal age in the jurisdiction in which you reside). You represent and warrant that if
you are an individual, you are at least 18 years old and of legal age in the jurisdiction
in which you reside, and that all registration and other information you submit is true,
correct and complete. Skyline may, in its sole discretion, refuse to offer the Service to
any person or entity for any reason or for no reason. The Service is not available to any
person or entity suspended or removed from the Site or Service by Skyline. By using the Service,
you represent that you have not been previously suspended or removed from the Site or Service.
Access to those Services that provide information with respect to specific investment opportunities or that give Users opportunities to subscribe for securities (the “Restricted Services”) is available to Accredited Investors only and requires that you register, qualify and open an account (any person so registered and qualified is referred to herein as a "User"). To become a User you must complete our registration and qualification process intended to confirm, among other things, that you are in fact an Accredited Investor. Such process includes the completion of an Accredited Investor questionnaire and satisfactory background information screening and identification verification. The information required to be provided as part of our qualification process, and the documents required to be executed in connection therewith can be found on: https://www.skyline.ai/access.html . For purposes hereof, an “Accredited Investor” means persons who is an Israeli resident and qualifies as an “accredited investor” ("משקיע כשיר"), as such term is defined under the Israeli Securities Law, 5728-1968, as amended. If you cease to be an Accredited Investor at any time, you agree to immediately notify Skyline and to refrain from using any Restricted Service.
As part of the registration and qualification process, you will choose a password and a user name. You are responsible for maintaining the confidentiality of your password and account. Furthermore, you are entirely responsible for all activities that occur under your account. You agree to notify Skyline immediately of any unauthorized use of your account or any other breach of security. Skyline will not be liable for any loss that you may incur as a result of someone else using your password or account, either with or without your knowledge. However, you could be held liable for losses incurred by Skyline or another party due to someone else using your account or password.
The Restricted Services may not be used by any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or where Skyline is not authorized to provide such information or services.
With respect to web pages of the Site that provide information regarding existing investors’ investments portfolio (referred to as the ‘Investor Platform’), you hereby confirm and acknowledge that such information is unaudited and is provided for informational purposes only and should not be relied on with respect to the financial status of the investment, and it does not replace audited reports which may be sent to you periodically.
Any offering of securities made through the Site is intended to be made pursuant to an applicable confidential private placement memorandum, a private placement memorandum supplement and subscription agreement related to the applicable entity issuing such securities or other documents of similar import and function (the “Transaction Documents”), all of which must be downloaded and read in their entirety by the User prior to subscribing for or acquiring any such securities. No offering of securities shall be made, and no subscription for or acquisition of any securities shall be binding other than pursuant to duly executed Transaction Documents.
You acknowledge and agree that the Site and Services, including any scoring, rating, classification, and comparison data provided, are not intended to and shall not be deemed to constitute the provision of financial, business, professional, tax, or legal advice. You should consult with your advisors and counsel regarding any specific actual or proposed situation or transaction. Skyline and its affiliates and their respective data providers offer no advice regarding the purchase, sale, holding, suitability, compliance or default of any particular property, building, loan, investment or security. You acknowledge and agree that your use of the Site and Services, and any decisions made by you in reliance thereupon, are made solely at your own risk.
We may, in our sole discretion, temporarily or permanently change, limit, suspend or terminate your access to the Site or any Services (including any Content (as defined below) without prior notice. We may do so based on changes to our business practices (e.g., eliminating Services, etc.), if you violate any terms of these Terms, or for any other lawful reason. You agree that we are not liable to you or any third party for any such action.
Any limitation, suspension, or termination we may impose shall not alter your obligations to us under these Terms. The provisions of these Terms, which by their nature should survive any such action on our part, shall survive including, but not limited to, provisions relating to indemnities, releases, disclaimers, limitations on liability, and the miscellaneous provisions below. Upon termination of these Terms, or in any case determined by us in our sole discretion, your license to use the Content will immediately expire.
a) Our Site and Services are provided for your informational and personal use only. When using our Site or any Services, you must comply with these Terms, and all applicable laws. b) Except as expressly permitted by these Terms and Conditions, you may not:
c) Any use of the Site or the Services in breach of these Terms by you that in our judgment threatens the security, integrity or availability of the Site or the Services, may result in our immediate suspension of the Site or the Services without any liability to you therefor.
d) You agree to fully cooperate with us to investigate any suspected or actual activity that is in breach of these Terms and Conditions.
Our Site, Services and related content (and any derivative works or enhancements of the same)
including, but not limited to, all text, illustrations, files, images, software, scripts,
graphics, photos, sounds, music, videos, information, content, materials, products, services,
URLs, technology, documentation and interactive features (collectively, "Content") and all
intellectual property rights to the same are owned by us and/or by third parties, and nothing
herein grants you any right in connection with the Content, except for a limited, revocable,
non-transferable and non-sub licensable right and license to access and use such Content
solely for your personal purposes. Additionally, all trademarks, service marks, trade names
and trade dress that may appear on our Site or Services are owned by us, our licensors, or
both. Except as expressly set forth herein, you shall not acquire any right, title or interest
in our Site or Services. Any rights not expressly granted in these Terms are expressly reserved.
EXCEPT AS OTHERWISE EXPLICITLY PROVIDED TO THE CONTRARY IN ANY APPLICABLE TRANSACTION DOCUMENT, THE SERVICES, INCLUDING THE SITE AND ALL INFORMATION, MATERIALS, ASSEMENTS AND CONTENT PROVIDED IN CONNECTION THEREWITH ARE PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE, FITNESS FOR ANY USER'S INVESTMENT OBJECTIVES, FINANCIAL SITUATION, OR MEANS. WE DO NOT WARRANT THAT THE SITE IS FREE OF COMPUTER VIRUSES AND/OR FREE FROM ERRORS. FURTHERMORE, THE SITE, SERVICES AND THE CONTENT PROVIDED IN CONNECTION THEREWITH MAY CONTAIN, BE BASED ON OR OTHERWISE REFER TO ERRORS, INACCURACIES, AND MISCALCULATIONS, PARTIAL OR INCOMPLETE INFORMATION, OUTDATED DATA, MISTAKES OR FAULTS. IN NO EVENT SHALL SKYLINE BE RESPONSIBLE FOR THE PERFORMANCE OF THE SITE, SERVICES OR CONTENT INCLUDING BUT NOT LIMITED TO, ANY FAILURE, DISRUPTION, DOWNTIME, AND INTERRUPTION OF SERVICES, DELAY, INACCURACY OR OTHER NONPERFORMANCE IN CONNECTION WITH THE SERVICES.
THE SITE OR SERVICES MAY CONTAIN, OR DIRECT YOU TO OTHER WEB PAGES WHICH ARE NOT OPERATED OR CONTROLLED BY SKYLINE. WE MAKE NO REPRESENTATIONS REGARDING ANY CONTENT CONTAINED IN OR ACCESSED THROUGH THE SITE OR SERVICES, AND WE WILL NOT BE RESPONSIBLE OR LIABLE FOR THE ACCURACY, COPYRIGHT COMPLIANCE, LEGALITY OR DECENCY OF MATERIAL CONTAINED SUCH WEB PAGES REGARDLESS OF WHETHER OR NOT SUCH PAGES HAVE BEEN ACCESSED THROUGH THE SITE OR THE SERVICES.
THE SITE OR SERVICES MAY CONTAIN, OR DIRECT YOU TO OTHER WEB PAGES. WE MAKE NO REPRESENTATIONS REGARDING ANY CONTENT CONTAINED IN OR ACCESSED THROUGH THE SITE OR SERVICES, AND WE WILL NOT BE RESPONSIBLE OR LIABLE FOR THE ACCURACY, COPYRIGHT COMPLIANCE, LEGALITY OR DECENCY OF MATERIAL CONTAINED IN OR ACCESSED THROUGH THE SITE OR THE SERVICES.
YOU UNDERSTAND THAT EXCEPT AS OTHERWISE EXPLICITLY PROVIDED TO THE CONTRARY IN ANY SPECIFIC TRANSACTION DOCUMENT, SKYLINE MAKES NO, AND, TO THE FULLEST EXTENT PERMITTED UNDER LAW, HEREBY DISCLAIMS ALL, REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE AVAILABILITY, OPERATION AND USE OF THE SITE OR THE INFORMATION, CONTENT, MATERIALS OR SERVICES ON OR ACCESSED VIA THE SITE, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT.
WE ARE NOT A REGISTERED INVESTMENT ADVISOR OR BROKER-DEALER, AND WE DO NOT PROVIDE AN INVESTMENT ADVISORY SERVICE OR ANY ADVICE OR RECOMMENDATION WITH RESPECT TO BUYING OR SELLING ANY SECURITIES. WE HAVE NOT OBTAINED ANY LICENSE FROM ANY REGULATORY AUTHORITY IN ANY JURISDICTION WITH RESPECT TO THESE MATTERS.
UNDER NO CIRCUMSTANCES SHALL SKYLINE OR ITS OFFICERS, DIRECTORS, EMPLOYEES, PARTNERS, SUCCESSORS, AGENTS, DISTRIBUTION PARTNERS, AFFILIATES, SUBSIDIARIES OR RELATED COMPANIES OR ANY THIRD PARTY WORKING WITH THE COMPANY BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, OR FOR LOSS OF PROFITS OR LOST DATA (EVEN IF SKYLINE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), ARISING OUT OF, RELATING TO, OR IN ANY WAY CONNECTED WITH THE SERVICES, INCLUDING WITHOUT LIMITATION, THE SITE, CONTENT THESE TERMS OR THE PRIVACY POLICY. YOUR SOLE REMEDY FOR DISSATISFACTION WITH OUR SITE OR SERVICES IS TO STOP USING OUR SITE AND SERVICES. THIS LIMITATION SHALL ALSO APPLY WITH RESPECT TO DAMAGES INCURRED BY REASON OF SERVICES OR PRODUCTS, INFORMATION, ADVICE, INFORMATION OR ADVERTISING RECEIVED THROUGH OR IN CONNECTION WITH OUR SITE OR SERVICES OR ANY LINKS PROVIDED VIA ANY OF THE FOREGOING. THESE LIMITATIONS SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW.
REGARDLESS OF ANY INFORMATION YOU HAVE RECEIVED TO THE CONTRARY, IN NO EVENT SHALL OUR CUMULATIVE LIABILITY OR THAT OF OUR OFFICERS, DIRECTORS, EMPLOYEES, PARENTS, PARTNERS, SUCCESSORS, AGENTS, DISTRIBUTION PARTNERS, AFFILIATES, SUBSIDIARIES AND THEIR RELATED COMPANIES EXCEED $50. YOU AGREE THAT THIS IS A FAIR LIMITATION BASED UPON THE MANNER AND COST BY WHICH OUR SITE OR SERVICES ARE PROVIDED TO YOU, AND TAKING INTO ACCOUNT YOUR ABILITY TO USE ALTERNATIVE RESOURCES PROVIDING INFORMATION SIMILAR TO THAT OF OUR SITE OR SERVICES. FURTHERMORE, YOU AGREE THAT ANY CAUSE OF ACTION ARISING OUT OF, RELATED TO, OR IN ANY WAY CONNECTED WITH OUR SITE, SERVICES OR THESE TERMS AND CONDITIONS MUST COMMENCE WITHIN SIX (6) MONTHS AFTER THE CAUSE OF ACTION ACCRUES. CAUSES OF ACTION BROUGHT OUTSIDE THIS TIME PERIOD ARE WAIVED.
You acknowledge that as a User you will be given access to Confidential Information. For purposes hereof, “Confidential Information” shall include all information of any nature in tangible or intangible form provided or made available to use by access to the Restricted Services other than information that is a becomes part of the public domain without any action by you in violation of these Terms, and Related Terms. You agree not to use Confidential Information other than for the purpose for which it was provided or disclose to any third party any Confidential Information. You agree to take reasonable precautions to protect the confidentiality of all Confidential Information, using no less than reasonable care. Upon termination or expiration of these Terms for any reason, you will return to Skyline or destroy, at Skyline’s request, all Confidential Information and all documents or media containing any such Confidential Information and any and all copies or extracts thereof.
In the event the Site or Services allow you to contribute content, including by uploading data and information, posting messages, sending or sharing files and communicating with others you agree not to post, upload, e-mail, transmit, distribute, or otherwise make available through the Site or Services any data, text, images, files, links, software, or communications (“ User Content ”) that (i) we consider, in our sole and absolute discretion, to violate any applicable laws; (ii) restricts or inhibits any other user from using and enjoying the Site or Services; (iii) is threatening, abusive, harassing, defamatory, obscene, offensive, harmful, obnoxious, pornographic, profane, or indecent; (iv) contains viruses, worms, Trojan horses, harmful code, or any other element or component that has a capacity or potential to interrupt, destroy, interfere with, permit the unauthorized use of, or limit the functionality of any computer software or hardware, any telecommunications equipment, or any communications network; (v) violates or infringes the rights of others, including without limitation rights under copyright, trademark, or patent law; rights of privacy or publicity; rights under defamation law; or rights under any securities or other applicable law; (vi) sells or promotes any product or service; (vii) promotes, solicits, or partakes in any multi-level marketing or pyramid scheme; (viii) posts or transmits any unsolicited advertising, or promotional materials (spam); or (ix) provide a false identity or claim a relationship between you and any business, organization, or person for which you are not authorized or legally permitted to claim such a relationship. By posting, transmitting, inputting or uploading User Content to the Websites or Services, you warrant that such User Content does not violate or infringe the rights of any third parties. In addition, you automatically grant Skyline and its affiliates, under all of your intellectual property rights, a royalty-free, perpetual, irrevocable, non-exclusive, worldwide license (with the right to grant sublicenses) to use, copy, modify, distribute, publicly display, perform, and otherwise exploit such User Content, without compensation to you. We have the right (but do not have any obligation) to prohibit or restrict your conduct on the Websites and Services and to edit, block, or remove any User Content, in whole or in part, which in our sole and absolute discretion we believe violates these Terms of Service, or is otherwise objectionable.
You understand and agree that we have the right, but not the obligation, to monitor the Site and Services, including to remove content from the Site or Services, and for any reason. You further understand and agree that we reserve the right (but not the obligation) to review, edit, or delete any User Content before it is posted to the Site or Services, and to refuse to allow User Content to be posted for any reason in our sole and absolute discretion.
Last Updated: October 2017