APP Licence Agreement and Terms of Service

Last updated: 8th January 2026

This APP Licence Agreement (the "Agreement") is a legal agreement between Calcemy Ltd, a company registered in England and Wales Company Number 16853773 whose registered office is at 1 The Pightle, Newbury, RG20 7JS ("Calcemy," "Provider," "we," "us," or "our") and the entity or individual using the APP ("Licensee," "you," or "your").

By installing an APP you agree to be bound by the terms of this Agreement.

1. Definitions

  • "APP" means the Calcemy Asset Finance Pricing Application provided by us.
  • "Data" means the pricing outputs, interest rate calculations, amortisation schedules, and residual value estimates generated by the APP.
  • "Authorised Purpose" means the use of the APP for finance pricing estimation.

2. Grant of Licence

Subject to your compliance with this Agreement, Calcemy grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable right to use the APP solely for the Authorised Purpose.

3. Restrictions and Acceptable Use

You shall not, and shall not allow any third party to:

  1. Resell, sublicense, or distribute the APP or the Data to third parties as a standalone product.
  2. Reverse engineer, decompile, or disassemble the APP.
  3. Use the APP to create a product that competes directly with Calcemy.
  4. No Financial Advice: You acknowledge that Calcemy is a software provider, not a financial advisor or lender. You shall not rely on the Data as the sole basis for binding lending decisions, credit underwriting, or regulatory reporting. All Data must be independently verified.

4. Intellectual Property

All intellectual property rights in the APP, the Documentation, and the underlying algorithms belong to Calcemy Ltd. You retain ownership of your own data you input into the APP.

5. Warranties and Disclaimers

5.1 "As Is" Basis

THE APP IS PROVIDED "AS IS" AND "AS AVAILABLE". TO THE FULLEST EXTENT PERMITTED BY ENGLISH LAW, CALCEMY LTD DISCLAIMS ALL CONDITIONS, WARRANTIES, AND REPRESENTATIONS, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING IMPLIED WARRANTIES OF SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

5.2 Accuracy of Calculations

WHILE CALCEMY LTD STRIVES FOR MATHEMATICAL PRECISION, ASSET FINANCE CALCULATIONS ARE COMPLEX AND SUBJECT TO VARIABLES OUTSIDE OUR CONTROL. WE DO NOT WARRANT THAT THE DATA WILL BE ERROR-FREE OR SUITABLE FOR REGULATORY COMPLIANCE.

6. Limitation of Liability

IMPORTANT: PLEASE READ.

6.1 Exclusions Prohibited by Law

Nothing in this Agreement limits or excludes Calcemy Ltd's liability for:

  • Death or personal injury caused by our negligence;
  • Fraud or fraudulent misrepresentation; or
  • Any other liability that cannot be excluded or limited by English law.

6.2 Exclusion of Losses

Subject to clause 7.1, Calcemy Ltd shall not be liable to you, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for:

  • Loss of profit, sales, business, or revenue;
  • Loss of anticipated savings;
  • Loss or corruption of data;
  • Financial losses resulting from pricing errors or loan miscalculations; or
  • Any indirect or consequential loss.

6.3 Cap on Liability

SUBJECT TO CLAUSE 7.1 AND 7.2, CALCEMY LTD'S TOTAL AGGREGATE LIABILITY TO YOU ARISING UNDER OR IN CONNECTION WITH THIS AGREEMENT SHALL BE LIMITED TO £1.00 (ONE POUND STERLING).

7. Indemnity

You agree to indemnify and hold Calcemy Ltd harmless against all claims, demands, actions, costs, expenses, liabilities, and damages (including legal costs) arising out of or in connection with: (a) your use of the APP; (b) any breach of this Agreement by you; or (c) any financial service or product you offer to third parties using Data derived from our APP.

8. Data Protection

Both parties agree to comply with all applicable data protection laws, including the UK Data Protection Act 2018 and the UK GDPR. If you input personal data into the APP, you represent that you have the lawful basis to do so.

9. Termination

We may terminate or suspend your access immediately, without prior notice, if you breach these terms. Upon termination, your right to use the APP ceases immediately.

10. General

  • Third Parties: This Agreement does not give rise to any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Agreement.
  • Governing Law: This Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it shall be governed by and construed in accordance with the law of England and Wales.
  • Jurisdiction: The courts of England shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Agreement.