This Magnify® Service Agreement (the “Agreement”) sets forth the terms and conditions governing the Services that Frontier Farm Credit, ACA/FLCA/PCA (collectively, the “Association”) will make available and/or provide to you (the “Customer”, “You” or “Your”). This Agreement is binding on any use or provision of the Service and applies from the time that the Association provides the Customer with access to the Magnify Service.
The General Terms below as Exhibit “A” are part of this Agreement and are incorporated herein by this reference
The “Services” to be provided under this Agreement shall include the Magnify Service and any additional optional service agreed upon in writing by the parties.
“Magnify Service” refers to the specific Magnify internet-accessible service that provides use of the online accounting and farm financial management platform made available by the Association in collaboration with certain third-party service providers, including Figured Limited and Xero Limited.
The Association may deliver one or more of the Services to You with the assistance of its affiliates, licensors, and/or services providers.
Magnify Service to be provided by the Association:
Customer acknowledges that this Agreement is a services agreement and the Association will not be delivering copies of any software to You as part of the Magnify Service.
The Association is not required to, and will not, verify the accuracy or completeness of the information that you will provide to us for the engagement, including any onboarding procedures conducted by us. Accordingly, the Services cannot be relied upon to identify or disclose any financial errors, including those caused by fraud or error, or to identify or disclose any wrongdoing or noncompliance with laws and regulations. However, the Association will inform the Customer of any material errors and any evidence or information that comes to our attention during the performance of the Services regarding any unusual or suspicious activities or practices.
The Association, in its sole professional judgment, reserves the right to refuse to perform any procedure or take any action that could be construed as assuming Customer responsibilities.
Fees and Payment:
You agree to pay all fees as set out below, payable in advance, and further subject to the terms of Section 4 of the General Terms.
The fees for the Magnify Service depend upon the number of “entities”, or licenses. The amount of such fees shall be set forth in the pricing quote provided to You by the Association, whether in the form of a payment authorization form or otherwise. The fees for any optional Services agreed to between the parties shall be set forth in a written amendment to this Agreement. In order to pay your applicable fees, you must provide us with the Magnify Payment Authorization form or other payment authorization document acceptable to us. The Association reserves the right to revise the applicable fees from time to time, subject to the provisions of this Agreement including the notice requirements set forth in Section 4 of the General Terms.
THIS AGREEMENT SHALL ONLY BE EFFECTIVE UPON THE ACCEPTANCE OF THIS AGREEMENT BY THE ASSOCIATION AS SET FORTH IN SECTION 2 OF THE GENERAL TERMS IN THE FOLLOWING EXHIBIT “A”.