Terms and Conditions

1. Introduction

Welcome to Ontoly ("Company", "we", "our", "us"). These Terms and Conditions ("Terms", "Terms and Conditions") govern your use of our website located at www.ontoly.com (the "Service") and your participation in our emissions reduction marketplace operated by Ontoly.

By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms, then you may not access the Service.

2. Definitions

"Building Owner" refers to any individual or entity that owns or manages a building and uses our Service.

"Emissions Reductions" refers to verified reductions in greenhouse gas emissions from buildings, measured in metric tons of carbon dioxide equivalent (tCO2e).

"Marketplace" refers to the platform provided by Ontoly that enables Building Owners to buy and sell Emissions Reductions.

"Verification" refers to the process of validating Emissions Reductions according to recognized standards by accredited third-party verification bodies.

3. Account Registration

To access certain features of the Service, you must register for an account. When you register, you agree to provide accurate, current, and complete information about yourself and your building(s). You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.

We reserve the right to suspend or terminate your account if any information provided during registration or thereafter proves to be inaccurate, incomplete, or fraudulent.

4. Marketplace Participation

4.1 Sellers

By listing Emissions Reductions on our Marketplace, you represent and warrant that:

• You have the legal right to sell the Emissions Reductions
• The Emissions Reductions have been verified according to recognized standards
• The information provided about the Emissions Reductions is accurate and complete
• The Emissions Reductions have not been sold or committed elsewhere
• You will provide all necessary documentation to support the verification of the Emissions Reductions

4.2 Buyers

By purchasing Emissions Reductions on our Marketplace, you acknowledge that:

• You have conducted your own due diligence regarding the Emissions Reductions
• Ontoly does not guarantee the future value or regulatory acceptance of the Emissions Reductions
• You will use the Emissions Reductions in compliance with applicable laws and regulations
• You will not resell the Emissions Reductions without proper documentation and disclosure

5. Fees and Payments

Ontoly charges a platform fee for transactions completed through our Marketplace. The current fee structure is available on our website and may be updated from time to time. All fees are non-refundable unless otherwise specified.

Payments for Emissions Reductions are processed through our secure payment system. Funds are held in escrow until the transaction is completed to protect both buyers and sellers.

6. Verification and Quality Assurance

All Emissions Reductions listed on our Marketplace must be verified according to recognized standards by accredited third-party verification bodies. Ontoly reserves the right to review verification documentation and reject listings that do not meet our quality standards.

While Ontoly makes reasonable efforts to ensure the quality and legitimacy of Emissions Reductions listed on our Marketplace, we do not guarantee the accuracy of verification claims or the future value or regulatory acceptance of the Emissions Reductions.

7. Intellectual Property

The Service and its original content, features, and functionality are and will remain the exclusive property of Ontoly and its licensors. The Service is protected by copyright, trademark, and other laws of both the United States and foreign countries.

Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of Ontoly.

8. Limitation of Liability

In no event shall Ontoly, nor its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from:

• Your access to or use of or inability to access or use the Service
• Any conduct or content of any third party on the Service
• Any content obtained from the Service
• Unauthorized access, use, or alteration of your transmissions or content

9. Governing Law

These Terms shall be governed and construed in accordance with the laws of the United States, without regard to its conflict of law provisions.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect.

10. Changes to Terms

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will to modify or replace these Terms at any time. If a revision is material, we will provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

11. Contact Us

If you have any questions about these Terms, please contact us at legal@ontoly.com.