As a Registered Institute, you may create Listings. To create a Listing, you will be asked a variety of questions about the skill and free time to be listed, including, but not limited to, the duration, description, from time, to time and pricing and related rules and financial terms. Only the skills validated by us will be featured in our site. Institutes acknowledge and agree that they will be able to teach the skill provided in the free time they have listed. Listings will be made publicly available via the Site. Other Members will be able to book your skill at the free time given by you via the Site based upon the information provided in your Listing. You understand and agree that once an User requests a booking of your Skill, you may not request the User to pay a higher price than in the booking request.
You acknowledge and agree that you are responsible for any and all Listings you post. Please note that SkillTime assumes no responsibility for a Institutions compliance with any agreements with or duties to third parties, applicable laws, rules and regulations. SkillTime reserves the right, at any time and without prior notice, to remove or disable access to any Listing for any reason, including Listings that SkillTime, in its sole discretion, considers to be objectionable for any reason, in violation of these Terms or otherwise harmful to the Site.
If you are a Institute, you understand and agree that SKillTime does not act as an insurer or as your contracting agent. If an User requests a booking of your slot for a skill and attends your slot to learn a skill, any agreement you enter into with such User is between you and the User and SkillTime is not a party thereto. Notwithstanding the foregoing, SkillTime serves as the limited authorized payment collection agent of the Institution for the purpose of accepting, on behalf of the Institution, payments from User of such amounts stipulated by the Host (including Taxes or other charges).
Definitions for words used below-
“Slot Fee” means the amounts that are due and payable by an User in exchange for that User’s learning in the slot for a particular skill. The Institute alone, and not SkillTime, determines these amounts.
"Institute Fee” means the fee that SkillTime charges an Institute for the use of its online platform, which is calculated as a percentage of the applicable Slot Fees. The Institute Fees will be informed to the Institute when SkillTime validates the Institution.
"Net Slot Fee" means "Slot Fee" minus(-) "Institute Fee"
“Payment Buffer Time” indicates the time to transfer money to Institute's bank account from the date of booking (the date for which the user has booked).
When an user books a slot in the available timings given by you, SkillTime sends you a Text message via the application confirming the booking. SkillTime will collect the Slot Fee at the time of booking and will initiate payment of the Net Slot Fees to the Institute within 24 hours of when the User finishes the booked slot (except to the extent that a refund is due to the User). The time it takes for the Institute to receive payouts may depend upon the method for receiving payouts chosen by the Institute. Some methods involve the use of third-party payment processors, who may impose their own additional charges for the use of their services on the Institute, including by deducting their charges from the payout amount.
Each Institute agrees that payment made by an User through SkillTime, shall be considered the same as a payment made directly to the Institute, and the Institute will make the slot available to the User in the agreed-upon manner as if the Institute has received the Slot Fees.Each Institute understands that as SkillTime accepts payments from User's as the Institute limited payment collection agent and that SkillTime obligation to pay the Institute is subject to and conditional upon successful receipt of the associated payments from Users. SkillTime does not guarantee payments to Institutes for amounts that have not been successfully received by SkillTime from Users. In accepting appointment as the limited authorized agent of the Institute, SkillTime assumes no liability for any acts or omissions of the Institute.
Please note that SkillTime does not currently charge fees for the creation of Listings. However, you as a Institute acknowledge and agree that SkillTime reserves the right, in its sole discretion, to charge you for and collect fees from you for the creation of Listings. Please note that SkillTime will provide notice of any Listing fee collection via the Site, Application and Services, prior to implementing such a Listing fee feature.
If Institute decides to cancel a slot for which bookings were made, for some reason, it is Institute's responsibility to inform SkillTime and the User. Later, SkillTime will initiate refund to the user and intimate him.
Payment Buffer Time will be 7 working days. An Institute will receive the payment on day basis. SkillTime will try to reduce Payment Buffer Time whenever possible.
If a user raises a dispute then "Payment Buffer Time" will vary depending on the time taken to settle it. To settle some disputes SkillTime might ask the Institute to submit a record that user has attended the slot. It is Institute's responsibility to maintain a record of the users who attended a slot with them.