Last Updated on June 10, 2025
39.1 Change of Ownership Notification
If Chariot undergoes a merger, acquisition, sale of assets, or other control change, we will notify users through email or platform alerts where feasible.
39.2 Continued Binding Agreement
These Terms of Service will remain binding even if Chariot is acquired or merged into another entity, unless expressly replaced.
39.3 Successor Entity Assumption
The new or successor entity will assume responsibility for all obligations, liabilities, and rights under these Terms.
39.4 License Continuity Clause
All user licenses—free or paid—will continue uninterrupted through a change in ownership, unless otherwise notified and renegotiated.
39.5 Data Migration Provision
User data, including chat history, uploads, and metadata, may be transferred to the acquiring entity as part of the business transition.
39.6 No Automatic Opt-Out
By continuing to use the service after notice of corporate change, you consent to the transfer of your data and agreement obligations to the successor entity.
39.7 Right to Delete Before Transfer
Users may delete their account prior to the transition if they do not agree with the new entity’s policies post-acquisition.
39.8 Export Before Ownership Change
We will make reasonable efforts to allow users to export their data prior to any transition that affects account ownership or data storage.
39.9 Public Disclosure Commitments
Where required by law or regulation, Chariot or its successor will publicly disclose the change of control and data implications.
39.10 Privacy and Security Continuity
Successor organizations must maintain the same or higher level of data protection and security as Chariot’s pre-acquisition practices.
39.11 Agreements with Users Remain Enforceable
User obligations (e.g., prohibited conduct, subscription payment, usage limits) continue to apply post-transition.
39.12 Arbitration and Legal Disputes
Dispute resolution provisions survive changes in ownership and remain enforceable against successor entities.
39.13 Transfer of Rights Without Consent
Chariot may assign its rights under this agreement without user consent in the case of merger, acquisition, or asset sale.
39.14 No Guarantee of Continuity
We make no guarantees that the service will continue in its exact form following a corporate change.
39.15 Business Discontinuation Clause
In the event that Chariot or its successor discontinues operations, all active user agreements may be terminated with appropriate notice.
39.16 Full Corporate Acquisition
Covers the sale of 100% of equity or controlling interest to another company.
39.17 Partial Stake Sale
A change in majority ownership or board control may also trigger this section.
39.18 Asset Sale or IP Transfer
If Chariot sells only core assets (e.g., its database, reports, branding), this section governs data migration and user rights.
39.19 Corporate Dissolution or Bankruptcy
In the case of bankruptcy or liquidation, user data may be considered an asset subject to legal disposition.
39.20 Merger Into Larger Platform
If Chariot merges into another app or brand (e.g., acquired and rebranded), the user’s service and obligations will transfer accordingly.
39.21 Enterprise Account Migration
Enterprise license holders will be notified of any transition impacting their billing, support, or license terms.
39.22 No Refund Guarantee in Asset Sale
If Chariot ceases operations or is acquired, refund eligibility will follow the policies of the acquiring platform.
39.23 Revenue Streams May Transfer
All subscription revenue, purchase histories, and payment details may be transferred as part of the acquisition.
39.24 Third-Party API Dependency Transfer
Licenses to use services like OpenAI, Supabase, or VINAudit may be renegotiated or reassigned under the new corporate entity.
39.25 Affiliate or Reseller Deals
Existing affiliate links or referral credits may be restructured or voided depending on new ownership terms.
39.26 No Continued Rights Without Acceptance
If the acquiring entity presents a materially different Terms of Service, users must accept the new agreement to continue.
39.27 User Liability is Non-Transferable
Any debts or unpaid obligations owed by users to Chariot remain enforceable, but will not extend to third-party debts unless legally reassigned.
39.28 Assignment to International Entities
Acquisition by a non-U.S. company may require changes in jurisdiction or data law compliance (see Section 36 and 37).
39.29 No Public Equity Claims
Users do not acquire any shareholder or ownership rights in Chariot or its acquiring entities through usage, purchases, or feature suggestions.
39.30 Clause Survival Statement
All rights, responsibilities, and disclaimers outlined in this section survive the transition or termination of the service.
Contact Us
If you have any questions or concerns about our Terms of Service or the handling of your personal information, please contact us at support@chariotreport.com