This analysis describes what Ramp's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The updated terms now require businesses in the UK and EU to comply with regional schedules applicable to their domicile, introducing jurisdiction-specific obligations. Subscription billing no longer defaults to monthly terms; instead, terms are offered by Ramp and must be affirmatively selected by the company. The agreement expands prohibited use restrictions to include not just US-sanctioned entities but also those sanctioned by Canada, the EU, and the UK. Additionally, the terms now explicitly state that electronic signatures are conclusive evidence of intent to be bound, and withholding tax reimbursement obligations apply to all fees, not just subscription fees.
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If the Transitional Period exceeds the term defined in the Agreement, the Parties will agree to extend the term of the Agreement, solely for the purposes of an orderly Switch. Such extension will be subject to the payment of the applicable Fees for continued access to the Mistral AI Products.
Customer will be responsible for all reasonable expenses (including attorneys' fees) incurred by Google in collecting such delinquent amounts.
"Company agrees to pay all Fines imposed on Ramp or any affiliate, officer, employee, agent, or representative thereof by Financial Institution Partners, regulators, or government agencies for Company's violation of this Section 1.7.Excerpt from Ramp's Terms of Service
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The clause states: “Company agrees to pay all Fines imposed on Ramp or any affiliate, officer, employee, agent, or representative thereof by Financial Institution Partners, regulators, or government agencies for Company's violation of this Section 1.7.”
ConductAtlas has identified this type of provision across 230 platforms. See the full comparison.
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