Terms and Conditions

TERMS OF USE AND DISCLAIMERS

NOTICE

Please read these terms and conditions carefully. By accessing the DDEC & PRIDCO Online Applications Platform (“Platform”), you agree to be bound by the terms and conditions below without reservation of any kind.

USE OF THE PLATFORM

The materials, forms and information offered in this Platform, as well as the terms, conditions, and descriptions contained there are subject to change periodically without notice. All materials, forms and information on this Platform, including the use of tool tips, are provided with the understanding that the Puerto Rico Department of Economic Development and Commerce (“DDEC”) and its related agencies are not engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it does not substitute, alter or in way amend the provisions of applicable statutes. Likewise, all users should seek their own professional accounting, tax, legal or other competent advice with regard to the use of this Platform or the application of applicable law. While we have made every attempt to ensure that the information contained in this Platform is accurate and updated, the DDEC and its related agencies are not responsible for any errors or omissions contained herein, or for the results obtained from the use of this materials, forms and information. Therefore, the use of the materials, forms and information contained in this Platform is the sole and exclusive responsibility of the user.

INTELLECTUAL PROPERTY RIGHTS

All copyright, trademarks, design rights, patents and other intellectual property rights (registered and unregistered) in and on the Platform belong to the DDEC. The DDEC reserves all of its rights in the Platform. Nothing in this Terms and Conditions grants you a right or license to use any trademark, design right or copyright owned or controlled by the DDEC, its related agencies or any other third party except as expressly provided in this Terms and Conditions.

SUBMISSIONS

All information and documents submitted to the DDEC and its related agencies through this Platform shall be considered confidential, and may only be disclosed to third parties: (i) as part of the application review process; (ii) for statistical or compliance purposes, (iii) as part of any investigation, audit, review or other action as determined by the DDEC; (iv) or as otherwise ordered by a court or administrative agency of competent jurisdiction. Confidential information shall include, but shall not be limited to, Applicant’s name, Employer Identification Number, Social Security Number or National Identification Number, address, contact information, education, financial information, trade and commercial secrets, medical, criminal or employment history, and any other identifying particular assigned to the Applicant and its stockholders, members, partners, officers or directors. Information and documents submitted through this Platform or which is obtained as part of a Grant Compliance Review will be confidential and not made available to third parties outside the pertinent government agencies and/or external contractors in the exercise of said compliance review responsibility.

NO WARRANTY

The materials, forms and information contained or accessed in or through this Platform, including but not limited to, text, graphics, links or other items are provided "as is," "as available," without warranty of any kind, either express or implied, including without limitations warranties of merchantability, fitness for a particular purpose and non-infringement. The DDEC and its related agencies do not warrant the accuracy, adequacy or completeness of these materials, forms and information and expressly disclaim liability for errors or omissions in the materials, forms and information.

LIMITATION OF LIABILITY

In no event will the DDEC and its related agencies be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this Platform or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if the DDEC and its related agencies, or representatives thereof, are advised of the possibility of such damages, losses or expenses, and on any theory of liability, arising out of or in connection with the use or performance of this information and materials. Hyperlinks to other internet resources are at your own risk; the content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, recommended, or endorsed by the DDEC and its related agencies.

JURISDICTION

The DDEC and its related agencies operate and control this Platform from its offices in the Commonwealth of Puerto Rico, United States of America. The DDEC and its related agencies make no representation that the materials, forms and information included in this Platform are appropriate for use in any other jurisdiction.

GOVERNING LAW

Access to and use of the materials, forms and information of this Platform and these terms are governed by and will be construed in accordance with the laws of the Commonwealth of Puerto Rico without regard to the principles of conflicts of laws.

SEVERABILITY

In the event any provision of these terms is held unenforceable, it will not affect the validity or enforceability of the remaining provisions and will be replaced by an enforceable provision that comes the closest to the intention underlying the unenforceable provision.

NON-ENDORSEMENT

Reference to any company, business or person in this Platform does not constitute and shall not be construed to imply endorsement, sponsorship or recommendation thereof by the DDEC, its related agencies or any entity of the Government of the Commonwealth of Puerto Rico.