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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You represent and warrant to us that the information you provide to us or any other user is accurate, including any information submitted through third-party sources (if applicable), and that you will update your account information as necessary to ensure its accuracy.
You agree that a breach of these Terms will cause irreparable injury to the Company for which monetary damages would not be an adequate remedy and the Company shall be entitled to equitable relief in addition to any remedies it may have hereunder or at law without a bond...
This Policy does not apply to Personal Data we process in our role as a data processor or service provider on behalf of our customers and partners.
"All Company Data provided to Ramp is and shall remain complete, accurate, and current, Company will update such Company Data immediately whenever it changes, and Company has all necessary rights, consents, and authorizations to make Company Data available to Ramp.Excerpt from Ramp's Terms of Service
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The clause states: “All Company Data provided to Ramp is and shall remain complete, accurate, and current, Company will update such Company Data immediately whenever it changes, and Company has all necessary rights, consents, and authorizations to make Company Data available to Ramp.”
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