The Services consist of cloud-based financial tools and services which may include (i) bookkeeping, accounting data storage and processing services, (ii) financial information storage and reporting, (iii) tax preparation and support services (“Tax Services”), and (iv) the service of communicating information to, from and among Third Party Servicers, as per Customer instructions. Greyspace will provide the Services to Customer for the term of this Agreement, subject to the payment of applicable Fees and compliance with the terms of this Agreement. As part of the Services, Greyspace hereby grants to Customer a non-exclusive,non-transferable, non-assignable right to use the Services, as per the terms of this Agreement. Customer acknowledges that the Services are cloud-based and hosted services and no copies of the Services or Greyspace System will be delivered to Customer, other than (where available) the App, subject to the End User License Agreement (“EULA”). The Services shall be used by Customer solely for Customer's own purposes and Greyspace does not convey any right, title, or interest in the Services or Greyspace System to Customer.
Greyspace shall not perform any financial transactions for the Customer. The customer may, however, be able to use the services to communicate Customer instructions to a Third Party Servicer of the customer which Third-Party Servicer may perform a financial transaction on behalf of the Customer Party Servicer Agreement. Greyspace is not liable for any such financial transaction or the results thereof.
Customer shall immediately notify Greyspace of any errors by Greyspace or Customer in the supply or use of the Services. Some payment transactions, such as wire transfers, are irreversible, so Customer agrees to exercise extreme caution when initiating any financial transaction by way of instructions delivered by one of its Third Party Servicers through the Services.
Customer acknowledges that Greyspace will provide Tax Services only if and upon Customer’s completion of a validly executed Taxpayer Disclosure Authorization in which Customer consents to allow Greyspaceto to disclose certain tax information as specifically described therein for such period until Customer is no longer using Greyspace’s tax return preparation services. The customer understands and acknowledges that Greyspace will not provide Services until such Taxpayer Disclosure Authorization is executed and provided to Greyspace.
Greyspace Account and Customer ID
Greyspace shall provide Customer with a unique and private Account accessible through the Service. The Account shall be a record of Customer Transactions and Fees. Greyspace shall provide customers with accesCustomersfor the Account. Greyspace will invite Custom to enter certain preferences and specifications within the Application or the account that will apply to the Services; Customer assumes exclusive responsibility for such selections even if they contain errors by Customer or result in losses to Customer. Any additional terms and conditions posted to the site concerning the Account or specific Services preferences selected by Customer are incorporated herein by reference. Except as required to deliver the services or as otherwise required by law, Greyspace shall not grant any third-party access to Customer Account.