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Legal

Terms of Use

Last Updated: January 2026

1. Introduction

These Terms of Use ("Terms") govern your access to and use of the Dealdrive virtual data room platform (the "Service") provided by Dealdrive AS, a Norwegian limited company with organization number 934 150 937, with registered address at Arbins gate 2, 0253 Oslo, Norway ("Dealdrive," "we," "us," or "our").

By creating an account, you agree to be bound by these Terms. If you do not agree, you may not use the Service.

2. Scope and Relationship to Other Agreements

These Terms apply to all users of the Service. Depending on your role, additional agreements may apply:

(a) Customers: If you or your organization purchases the Service, the Terms of Service at dealdrive.co/legal/terms-of-service governs that commercial relationship. Customers and their personnel remain bound by these Terms of Use.

(b) Invited Users: If you access Data Rooms at the invitation of another party, your access is governed by these Terms. Your relationship with the party who invited you—including any confidentiality obligations regarding content—is a matter between you and them, not with Dealdrive.

Our processing of personal data is described in our Privacy Policy at dealdrive.co/legal/privacy.

3. Account Registration and Security

3.1 Account Creation

To use the Service, you must register for an account using accurate and complete information. You agree to keep your account information current.

3.2 Security Obligations

You are responsible for:

(a) Maintaining the confidentiality of your login credentials;

(b) Using a strong, unique password and enabling two-factor authentication where available;

(c) All activities that occur under your account;

(d) Immediately notifying Dealdrive at [email protected] if you become aware of any unauthorized access.

You must not share your account credentials with any other person.

4. Data Room Access

4.1 Access Rights

You may access Data Rooms as authorized by the party who controls them (the "Controlling Party"). Your access permissions—including whether you may view, download, or print content—are determined by the Controlling Party, not by Dealdrive.

4.2 Content Ownership and Confidentiality

Dealdrive provides the platform; we do not control who is invited to Data Rooms or what content is shared. Content in Data Rooms belongs to whoever uploaded it or holds rights to it under applicable law. Any confidentiality obligations regarding such content arise from your agreements with the relevant parties, not from these Terms.

Certain content may be designated as private to you or accessible only within your team, side, or user group and not visible to other parties in the Data Room ("Private Content"). Dealdrive will not disclose your Private Content to users outside the group with whom it was shared.

4.3 Monitoring

Your activities within the Service may be logged, including documents viewed, downloaded, and printed. Audit trails may be provided to the Controlling Party. Certain features designated as private (such as personal notes) may be excluded from such monitoring where indicated in the Service.

4.4 Data Processing for Uploaded Content

Where you upload content containing Personal Data (as defined in the General Data Protection Regulation) to the Service:

(a) You (or the party on whose behalf you act) are the data controller for such Personal Data.

(b) By uploading content containing Personal Data, you instruct Dealdrive to process it to provide the Service. Dealdrive shall process this data in accordance with the Data Processing Agreement at dealdrive.co/legal/dpa, which applies to your uploaded content as if you were a party to it.

(c) You represent and warrant that you have a lawful basis to upload and share any Personal Data, have provided required notices to data subjects, and comply with applicable data protection laws.

(d) If Dealdrive receives a data subject request regarding Personal Data you uploaded, Dealdrive will notify you (where permitted by law) and provide reasonable assistance. You are responsible for responding.

5. Prohibited Conduct

You agree not to:

(a) Illegal and Harmful Activities:

  • Upload, store, or share content that is illegal, fraudulent, defamatory, or infringes third-party rights;
  • Upload viruses, malware, or other malicious code;
  • Violate applicable laws, regulations, or sanctions, including export controls;
  • Harass, threaten, or abuse any person;
  • Impersonate any person or entity.

(b) Security Violations:

  • Attempt unauthorized access to the Service, other accounts, or connected systems;
  • Interfere with the integrity, performance, or security of the Service;
  • Circumvent or disable security features or access controls;
  • Probe or test vulnerabilities without prior written authorization;
  • Use automated means (bots, scrapers, crawlers) to access or extract data, except through authorized features.

(c) Competitive Misuse:

  • Use the Service to develop, improve, or market competing products without Dealdrive's consent.

(d) Sanctions Compliance: You represent that you are not located in, or a resident of, any country subject to comprehensive sanctions, nor listed on any applicable sanctions list, nor acting on behalf of any such person or entity.

6. Intellectual Property

Dealdrive and its licensors retain all rights in the Service, including all software, technology, designs, and trademarks. These Terms grant you only the limited right to access and use the Service as described herein. You may not copy, modify, reverse engineer, or create derivative works of the Service.

7. Disclaimers

7.1 Service Availability

The Service is provided "as is" and "as available." We do not warrant that the Service will be uninterrupted, error-free, or completely secure.

7.2 Content

Dealdrive does not control, verify, or assume responsibility for content in Data Rooms. All content is provided by users. Any reliance on such content is at your own risk.

7.3 AI Features

If AI-powered features are available to you, they are assistive tools only. AI outputs may contain errors and do not constitute professional advice. AI features do not replace professional judgment, legal review, or due diligence. You are responsible for verifying any AI-generated information before relying on it.

7.4 No Advisory Relationship

Dealdrive does not provide legal, financial, tax, or other professional advice. Your use of the Service does not create any advisory relationship.

8. Limitation of Liability

8.1 Exclusion of Indirect Damages

To the maximum extent permitted by law, Dealdrive shall not be liable for any indirect, incidental, special, or consequential damages, including loss of profits, revenue, data, or business opportunities.

8.2 Liability Cap

To the maximum extent permitted by law, Dealdrive's total liability to you for all claims arising from these Terms or your use of the Service shall not exceed five hundred euros (€500). If you are a Customer or accessing the Service on behalf of a Customer, the liability provisions in the Terms of Service apply instead.

8.3 Specific Exclusions

Dealdrive shall not be liable for: (a) content provided by other users; (b) actions or omissions of other users or the Controlling Party; (c) disputes between you and any other party; (d) your reliance on content or AI outputs; or (e) termination or suspension of your access.

8.4 Exceptions

These limitations do not apply to liability arising from Dealdrive's gross negligence (grov uaktsomhet) or willful misconduct (forsett), or any liability that cannot be excluded under Norwegian law.

9. Indemnification

You agree to indemnify and hold harmless Dealdrive and its officers, directors, employees, and agents from any claims, damages, losses, and expenses (including reasonable legal fees) arising from: (a) your breach of these Terms; (b) content you upload; (c) your violation of any law or third-party rights; or (d) any dispute between you and another user or third party. This obligation does not apply to the extent a claim arises solely from Dealdrive's gross negligence or willful misconduct.

10. Termination

10.1 Termination of Access

Your access may be terminated: (a) by the Controlling Party, for any reason; (b) by Dealdrive, if you breach these Terms; (c) by Dealdrive, if the relevant Customer's subscription ends; or (d) by Dealdrive, if required by law or for security reasons.

Dealdrive may also suspend your access temporarily if we reasonably believe there has been unauthorized access to your account or your account poses a security risk to the Service or other users.

10.2 Effect of Termination

Upon termination, your right to access the Service ends immediately. Sections 5 through 9 and Section 11 survive termination.

10.3 Enforcement

Dealdrive may, but has no obligation to: (a) investigate suspected violations of these Terms; (b) remove or disable access to content that violates these Terms; (c) suspend or terminate accounts; (d) report illegal activities to law enforcement; and (e) cooperate with law enforcement investigations. Dealdrive does not pre-screen or monitor content and is not liable for failing to detect violations.

To report violations: [email protected]

11. General Provisions

11.1 Governing Law and Jurisdiction

These Terms are governed by the laws of Norway. Disputes shall be subject to the exclusive jurisdiction of the courts of Oslo, Norway.

11.2 Amendments

We may modify these Terms by posting the revised version on our website. Material changes will be communicated through the Service or by email. Continued use after changes take effect constitutes acceptance.

11.3 Severability

If any provision is held unenforceable, the remaining provisions continue in effect.

11.4 Entire Agreement

These Terms, together with any applicable Terms of Service, constitute the entire agreement between you and Dealdrive regarding your use of the Service.

11.5 Contact

Questions about these Terms: [email protected]


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