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Terms of Use Agreement for iBank Lite Software
and Systems
Contents
* Important Notes
1. Definitions
2. Interpretation
3. General
4. Permitted License Uses and Restrictions
5. Intellectual Propoperty
6. Non-Disclosure
7. User Registrations and Confidentiality
8. Your Representations and Warranties; Indemnification of TV
Ad Indx
9. Privacy
10. Termination
11. Notices
12. Disclaimed of Warranties
13. Limitation of Liability
14 Complete Agreement and License; Governing Language
15. Assignment
16. Consideration
17. Dispute Resolution
18. Jurisdiction and Governing Law
This is a Confidential Document. Not to be read, accessed or
in the possession of Unauthorised Persons
© 2007 - The Agency Source, owner of the TV Ad Indx and iBank
Lite Trade Marks
Terms of Use Agreement for iBank Lite Software and Systems
PLEASE READ THIS SOFTWARE “TERMS OF USE AGREEMENT” CAREFULLY
BEFORE USING THE iBANK LITE SOFTWARE AND SYSTEMS. BY USING THE
SOFTWARE AND SYSTEMS AD TV AD INDX DATA, YOU ON BEHALF OF YOUR
COMPANY ARE AGREEING TO BE BOUND BY THE TERMS OF THIS AGREEMENT
IN LETTER AND SPIRIT. IF YOU DO NOT AGREE TO THE TERMS OF THIS
AGREEMENT, DO NOT ACCESS THE iBANK LITE SOFTWARE AND SYSTEM AND
TV AD INDX DATA, DO NOT USE iBANK LITE SOFTWARE AND SYSTEMS AND
TV AD INDX DATA IN ANY MANNER.
* IMPORTANT NOTES:
- The iBANK LITE SOFTWARE AND SYSTEMS - may be used to
archive, search, preview/play or download TV Ad Indx Data
provided by TV Ad Indx. It is licensed to your Company only for
a limited period and can be revoked without notice by TV Ad
Indx. If you are uncertain about these Terms of Use for iBANK
LITE SOFTWARE AND SYSTEMS, you should contact your legal advisor
and / person responsible for Administration of Information
Technology and Services.
- These “Terms of Use” - constitutes a valid and binding
agreement between TV Ad Indx and you, as a Registered User,
Authorised by your Company, to access and use iBANK LITE
SOFTWARE AND SYSTEMS only on behalf of your Company for official
purposes, with computer terminal/terminals on its internal
networks, only as specified under the End User Agreement and
License issued by TV Ad Indx to and accepted by your Company.
These Terms of Use form a subset of the aforesaid End User
Agreement and License. You must enter into this Terms of Use
Agreement by clicking on the ACCEPT button or similar buttons or
links in order to use the iBANK LITE SOFTWARE AND SYSTEMS and TV
Ad Indx Data. Doing this, you hereby agree and acknowledge that
this Agreement covers all your use of iBANK LITE SOFTWARE AND
SYSTEMS and TV Ad Indx Data, whether it is from this or from any
other computer terminal/terminals on your Company’s internal
Local Area Network (LAN). Furthermore, by continuing to use the
iBANK LITE SOFTWARE AND SYSTEMS and TV Ad Indx Data you agree to
be bound by the terms of this Terms of Use and any new versions
hereof that may be issued in future and published for your
reference at www.tvadindx.com and www.ibanklite.com
- Electronic Signatures and Agreements:
You acknowledge and agree that by clicking on the ACCEPT
button or similar buttons or links as may be designated by TV Ad
Indx to show your approval of any foregoing texts and/or to use
the iBANK LITE SOFTWARE AND SYSTEMS and TV Ad Indx Data, you are
entering into a legally binding contract. You hereby agree to
the use of electronic communication in order to enter into
contracts, place orders and create other records and to the
electronic delivery of notices, policies and records of
transactions initiated or completed through the iBANK LITE
SOFTWARE AND SYSTEMS. Furthermore, you hereby waive any rights
or requirements under any laws or regulations in any
jurisdiction which require an original (non-electronic)
signature or delivery or retention of non-electronic records, to
the extent permitted under applicable mandatory law.
- Counterparts - This Agreement may be executed in any number
of counterparts or duplicates, each of which shall be deemed as
original, and such counterparts or duplicates shall together
constitute one and the same agreement.
- Relationships - Nothing in this Agreement shall be
construed as establishing or implying any partnership or joint
venture between TV Ad Indx and you, and nothing in this
Agreement shall be deemed to constitute either TV Ad Indx or you
as the agent of the other. Neither TV Ad Indx nor you shall have
the authority to bind the other without the prior written
consent of the party sought to be bound.
1. DEFINITIONS
In this Agreement the following definitions are being used,
singular as well as plural.
1. “Effective Date” means the date on which this Agreement is
entered into by your clicking on the ACCEPT button as stated
above
2. “Your Company / Subscriber Company” means your Company
located at one pre-specified Indian City which subscribes to TV
Ad Indx’s iBank Lite Subscription Services, and has installed
iBANK LITE SOFTWARE AND SYSTEMS and TV Ad Indx Data in it’s
office, having entered into a “End User Agreement and License “
with TV Ad Indx. The Subscriber Company would be an Advertising
Agency, Advertiser, Media Company, Educational Institution,
Research Firm, Production House or a similar Company which is an
“End User” of TV Ad Indx Data and requires TV Ad Indx Data for
it’s internal research and presentation purposes only. This
Company cannot be in the business of providing information
services to a third party or an aggregator of business
information for requirements of third parties.
3. “You / Your / Registered Administrator / Registered User”
means only a Subscriber Company’s full-time employee or
full-time consultant, who has been authorised by a Subscriber
Company to access and use iBANK LITE SOFTWARE AND SYSTEMS and TV
Ad Indx Data installed in it’s office solely for the benefit of
the Subscriber Company in the role of a “Registered
Administrator” or “Registered User” and who, has read this
“Terms of Use Agreement”, understood the rights, obligations,
terms and conditions set therein and, by clicking on the
“Accept” button and/or continuing to use iBANK LITE SOFTWARE AND
SYSTEMS and TV Ad Indx Data on behalf of Your Company, expressly
consent to be bound by its Terms and Conditions and grant to TV
Ad Indx the rights set forth herein.
The Registered Administrator is assigned and responsible to
(a) manage Registered Users, and regulate their access to and
use of iBANK LITE SOFTWARE AND SYSTEMS and TV Ad Indx Data, and
to (b) uphold the Terms and Conditions in this Agreement and the
End User License Agreement.
The Subscriber Company is fully responsible to ensure actions
of the Registered User and Registered Administrator are in
consonance with the Terms and Conditions as set herein this
Agreement.
5. “User Rights” means privileges and permissions granted by
the your Company to Registered Administrators and Registered
Users for the use of iBANK LITE SOFTWARE AND SYSTEMS. These
include their User Rights to Search, Shortlist, Preview, Print
and Download TV Ad Indx Data and manage other Registered Users
and Registered Administrators.
6. “Terms of Use Agreement” means the Agreement that is
presented to a Registered Administrator and/or Registered User
before he can use iBANK LITE SOFTWARE AND SYSTEMS and/or TV Ad
Indx Data. The terms of this Agreement will govern any access to
and use of iBANK LITE SOFTWARE AND SYSTEMS by the Registered
Administrator and Registered Users.
7. “Network” means a Subscriber Company’s pre-specified
internal Local Area Network (LAN), located within one
pre-specified Indian City, within one pre-specified building, at
its pre-specified office within which the Subscriber Company has
installed iBANK LITE SOFTWARE AND SYSTEMS and TV Ad Indx Data in
it’s office as per an Office Plan annexed to this Agreement. It
includes all Computers, Switches, Routers, Fire-Walls and other
technical equipment and devices that are connected to this Local
Area Network and their unique IP Addresses and allows these
equipments and devices access iBANK LITE SOFTWARE AND SYSTEMS
and TV Ad Indx Data. It expressly excludes a Wide Area Network
(WAN), Virtual Private Network (VPN) or other such networks that
may, connect this Local Area Network, to other networks outside
of the pre-specified office.
8. “Subscription Services” means services that TV Ad Indx
provides a Subscriber Company for a pre-defined set of data at a
fixed frequency, through a fixed delivery system, for a fixed
period of time, in consideration of a fee agreed upon and
payable by the Subscriber in advance. All Terms of a
Subscription Service are pre-determined before the commencement
of such a Subscription Service and detailed in a separate,
legally binding, commercial Subscription Agreement entered into
between TV Ad Indx and a Subscriber Company.
9. “TV Ad Indx / The Agency Source” is the Owner and Licensor
of the iBANK LITE SOFTWARE AND SYSTEMS with its office at G
94-97, Triveni Commercial Complex, Sheikh Serai Phase 1, New
Delhi 110 017.
10. “iBank Lite” means the iBANK LITE SOFTWARE systems,
application programs and interfaces consisting of the set of
routines utilized by the iBANK LITE SOFTWARE AND SYSTEMS to
provide the iBank Lite functionality for a given platform or
operating system combined with its Graphical User Interfaces
(GUIs). iBank Lite includes all systems and documentation
accompanying this License whether on paper, disk, in read only
memory, or on any other media or in any other form.
11. “TV Ad Indx Data / Advertising Data” means Advertisements
and Advertising News and Information archived and delivered by
TV Ad Indx under terms of its Subscription Services. This data
includes any Video, Image, Audio, Text, Database, Spreadsheet,
Rich-Media, Meta-Data or any other files in any format or any
information provided in any form on any media or through any
medium provided to the Subscriber by TV Ad Indx for use with the
iBANK LITE SOFTWARE AND SYSTEMS.
12. “Intellectual Property Rights” means any and all rights
existing from time to time under patent laws, copyright laws,
trade secret laws, trademark laws, unfair competition laws, and
any and all other proprietary rights, and any and all
applications, renewals, extensions and restorations thereof, now
or hereafter in force and effect worldwide.
13. “Download” means the copying, transfer, duplication of
data from a computer server that houses iBank Lite and the TV Ad
Indx Data onto any User’s personal computer terminal/terminals
on a Company’s internal networks only by the use of the
automated features built into the iBANK LITE SOFTWARE AND
SYSTEMS for these purposes.
14. “Computer Server / iBank Lite Server” means a secure,
password-protected computer which is located within the
Subscriber Company’s office, and that houses iBANK LITE SOFTWARE
AND SYSTEMS and TV Ad Indx Data in such a manner that this
computer functions as a web-server and can be accessed by the
Registered Users on its local network only through its
webservices. Only the Company’s Information Technology (IT)
department and/or an authorised Registered Administrator should
have the restricted and direct access to this server for the
sole purpose of managing the server and the TV Ad Indx Data on
it.
15. “Website / TV Ad Indx Website / iBank Lite Website” means
all websites or webpages owned and developed by TV Ad Indx for
use by iBank Lite Users and that are required to be accessed
over an Intranet or Internet. It includes any and all elements,
contents and the ‘look and feel’ of the website available under
the URL
www.tvadindx.com among other URL’s from which the iBank Lite
websites can be accessed.
16. “Password” means a code that a User selects, which in
combination with the User ID gives access to a corresponding
User Account and allows a User access to and use of and iBank
Lite and TV Ad Indx Data.
17. “User ID” refers to a User’s official email address
issued by his/her Company, which in combination with the
Password gives access to a corresponding User Account and allows
a User access to and use of and iBank Lite and TV Ad Indx Data.
18. “Login Details” refers to Passwords and User IDs that
gives access to a User’s Account and allows a User access to and
use of and iBank Lite and TV Ad Indx Data.
19. “Promotional Materials” means any and all trademarks,
names, signs, logos, banners and any other materials, in
whatever form, owned and/or used by TV Ad Indx for the promotion
of its company, its products and activities.
2. INTERPRETATION
Unless the context otherwise requires, the Agreement shall be
construed as follows:
(i) Words importing persons or parties shall include firm and
corporations and any organization having legal
capacity and solvency.
(ii) Words importing the singular shall include the plural
and vice versa where the context so requires.
(iii) Words of either gender shall include those of the other
gender.
(iv) References of any law shall include such law as from
time to time is enacted, amended, supplemented or re-
enacted.
(v) References to the words “include” or “including” shall be
construed without limitation.
(vi) The headings and titles in the Agreement are indicative
and shall not be deemed part thereof or be taken into
consideration in the interpretation or construction of the
Agreement. The Schedules/Annexures, if any, that
form part of this Agreement and shall have effect as if set
out in full in the body of this Agreement and any
reference to this Agreement includes the Schedules/Annexures.
3. GENERAL
iBank Lite enables access to TV Ad Indx Data and also TV Ad
Indx’s website which features iBank Lite Online Management
Systems, offers information, previews and downloads of
information for sale. Use of this website requires Internet
access and requires Registered Administrator and Registered
Users to accept additional terms of service which will be
presented before the Registered Administrator and Registered
Users can use the website.
TV Ad Indx retains ownership of iBank Lite itself and all TV
Ad Indx Data. The terms of this Agreement will govern any
software upgrades provided by TV Ad Indx that replace and/or
supplement the original iBank Lite product, unless such upgrade
is accompanied by a separate license in which case the terms of
that license will govern.
The rights granted herein are limited to TV Ad Indx’s
intellectual property rights. These Intellectual Property
Rights, include but are not limited to copyrights, trademarks
and patents, as well as know-how and trade secrets contained in
or relating to iBank Lite, TV Ad Indx Data, TV Ad Indx’s
Websites or iBank Lite Promotional Materials.
iBank Lite contains Advertising Data that may be
inappropriate or offensive or deemed to be unsuitable for mass
media broadcasting. You acknowledge that TV Ad Indx is not
responsible for the accuracy, copyright compliance, legality,
decency, or any other aspect of the Advertising Data. You
acknowledge and understand that the content of the Advertising
Data is entirely the responsibility of the person from whom such
content originated. TV Ad Indx has not reviewed any or all of
the Advertising Data and therefore assumes no responsibilities
for this in any manner.
4. PERMITTED LICENSE USES AND RESTRICTIONS
Subject to the terms of this Agreement, TV Ad Indx hereby
grants you limited, non-commercial, non-exclusive,
non-sub-licensable, non-assignable, license to use iBank Lite on
your Company’s internal computer network where it can be
accessed and used by “Registered Users”.
You will access and use iBank Lite and TV Ad Indx Data only
on the Company’s pre-specified internal computer network within
the one city in which your Company is located and from where it
subscribes to TV Ad Indx’s Subscription Services.
iBank Lite may only be used to archive, search, print,
preview, play and download advertising materials and data
provided by TV Ad Indx. Some of these features may or may not be
activated for you.
TV Ad Indx reserves the right to activate or deactivate any
or all these features if this Agreement is terminated, your
Company’s subscription services expire or are terminated, you
have misrepresented facts in this Agreement or have violated any
of the terms and clauses of this Agreement, or if TV Ad Indx has
reason to believe that you are misusing iBank Lite and TV Ad
Indx Data or infringing on Intellectual Property Rights owned by
TV Ad Indx.
You will use iBank Lite and TV Ad Indx Data only as
authorised by your Company for its own internal, non-commercial
use. You expressly agree not to assign, copy, transfer or
transmit iBank Lite and TV Ad Indx Data to any other branches
office of the Company or third parties including its
subsidiaries, associates or associate companies. YOU AGREE NOT
TO USE OR EXPLOIT iBANK LITE AND TV AD INDX DATA, EXCEPT AS
EXPRESSLY PERMITTED HEREIN.
5. INTELLECTUAL PROPERTY
You acknowledge that TV Ad Indx owns all rights, titles and
interests in iBank Lite, portions thereof, or softwares provided
through or in conjunction with the TV Ad Indx website, including
without limitation all Intellectual Property Rights.
You will not republish, post, sell, broadcast, transmit,
copy, reproduce, assign, rent, lend, sublicense, lease,
distribute, export, import OR make public any part of TV Ad Indx
Data and/or iBank Lite or act as an intermediary or provider, or
otherwise grant rights to third parties with regard to iBank
Lite or TV Ad Indx Data or any part thereof.
You will not use iBank Lite or TV Ad Indx Data to sell a
product or service, or to increase traffic to any Web site for
any commercial or non-commercial purpose. You may not take the
results from an iBank Lite search and reformat and display
results, or mirror the resulting data or results pages on any
Web site or send automated queries to iBank Lite.
You agree that you will not use any part of iBank Lite:
- For any unlawful purpose
- Such that the whole or any part of iBank Lite are
interrupted, damaged, rendered less efficient, or the
effectiveness or functionality of iBank Lite is in any way
impaired
- In a manner that constitutes a violation or infringement of
any person, firm or company (including but not
limited to rights of copyright or confidentiality)
- To copy or duplicate iBank Lite or any part thereof in any
manner
- To copy or duplicate TV Ad Indx Data or any part thereof
other than for your Company’s internal research and
presentation purposes
- To copy or duplicate TV Ad Indx Data or any part thereof
other than on your Company’s computer
network within the confines of your Company’s office
- To allow access or/and use of iBank Lite of TV Ad Indx Data
other than on your Company’s
computer network
- To take out of the physical premises of your Company, TV Ad
Indx Data copied or downloaded in any manner
from iBank Lite, in any manner, on any media, for any
individual or Company use
- To create an archive or library of any form, with TV Ad
Indx Data copied or downloaded in any manner from
iBank Lite, in any manner, for individual’s use or Company
use
- To incorporate or attempt to incorporate into iBank Lite,
data from any source other than from TV Ad Indx
You agree not to modify, remove, obscure any part of the
Graphical User Interface (GUI) or alter or make inaccessible for
any Users the view of TV Ad Indx’s copyright notice, trademarks,
or other proprietary rights notices affixed to or contained
within or accessed in conjunction with or through iBank Lite and
TV Ad Indx website.
You may not modify, adapt, translate, copy, decompile,
reverse engineer, decrypt, disassemble or prepare derivative
works of iBank Lite or any part thereof or otherwise attempt to
derive source code from iBank Lite.
ANY ATTEMPT TO DO THE AFORESAID OR INFRINGE UPON TV AD INDX’S
INTELLECTUAL PROPERTY RIGHTS WILL ATTRACT THE MOST SEVERE
CRIMINAL CHARGES UNDER INDIAN AND INTERNATIONAL COPYRIGHT,
TRADEMARK AND INTELLECTUAL PROPERTY RIGHTS LAWS.
iBank Lite offers TV Ad Indx Data, as a service to
Advertising Agencies, Advertisers, Media Firms, Educational
Institutions, Research Firms and other Users. The intellectual
property rights relating to such TV Ad Indx Data may belong to
Individual Artists, Production Houses, Advertising Agencies,
Marketing Companies or Advertisers or other Companies. All such
TV Ad Indx Data are for research and reference purposes only and
not for any commercial purpose. The copyright remains the
property of the copyright owner and TV Ad Indx.
You agree to inform TV Ad Indx in case you believe that iBank
Lite and/or TV Ad Indx Data has been copied or TV Ad Indx’s
Intellectual Property Rights have been infringed or compromised
in any manner by an unauthorised person, User or any other
Company. You can assist TV Ad Indx and provide information to
iBankLite@tvadindx.com as follows:
- Details of which Intellectual Property Rights have been
infringed from iBank Lite or/ and TV Ad Indx Data
- Identification of the Software / Systems / Data that may
have been copied, duplicated in any form
- Which unauthorised person, User or Company is likely to be
responsible for this infringement
- Any information that could be used as proof of such an
infringement
- Contact Details of the person making such a notification,
preferably with an address and telephone number
- Contact Details of the person or Company that may be
responsible for this infringement, preferably with an
address and telephone number
TV Ad Indx reserves all rights in iBank Lite and TV Ad Indx
Data including all ownership rights.
6. NON-DISCLOSURE
You agree to take all reasonable steps at all times to
protect and keep strictly confidential all information regarding
iBank Lite, TV Ad Indx Data, TV Ad Indx, TV Ad Indx Staff and
all other information related to the above.
All information not of public record that is exchanged
pursuant to this Agreement (whether orally or in writing and
whether or not such information is expressly stated to be
confidential or marked as such) shall be treated as
confidential. Registered Administrator or Registered Users
obtaining such confidential information through this Agreement
shall use it only as necessary to carry out the purposes of this
Agreement or as necessary to comply with national law, rules or
regulations. Registered Administrator or Registered Users
obtaining confidential information through this Agreement shall
not disclose its contents except as necessary as duly authorised
representative of the Subscriber Company to carry out the
purposes of this Agreement or as necessary to comply with
national law, rules or regulations. The obligation to protect
the confidentiality of information shall survive the termination
of the agreement for a period of three years provided that all
iBank Lite, TV Ad Indx Data related information disclosed by TV
Ad Indx shall remain confidential for ever-after.
The obligation to maintain confidentiality of the foregoing
information shall not extend to any such information which (i)
is known to the public (through no act or omission of you in
violation of this Agreement); (ii) is lawfully acquired by you
from the independent source having no obligation to maintain the
confidentiality of such information; (iii) was known to you
prior to its disclosure under this Agreement; (iv) was or is
independently developed you without breach of this Agreement;
(v) is required to be disclosed by governmental or judicial
order, in which case you so required shall give TV Ad Indx
prompt written notice, where possible, and use reasonable
efforts to ensure that such disclosure is accorded confidential
treatment and also to enable TV Ad Indx to seek a protective
order or other appropriate remedy.
7. USER REGISTRATIONS AND CONFIDENTIALITY
You will need to be Registered Administrator or a Registered
User if you wish to access and use iBank Lite and TV Ad Indx
Data. Only an authorised and Registered Administrator may create
Registered Users and manage User Rights.
To become a Registered Administrator or Registered User, you
are required to:
(i) Complete the online membership process, provide true,
accurate, current and complete information on the
online Registration application form.
(ii) Maintain the confidentiality of your login details
including User security password. You are fully responsible for
all activities that occur when you are logged on as an iBank
Lite User. You agree to immediately notify us
of any unauthorised use of your User login details or any
breach of security of which you become aware. If
you permit a third party to use your membership login
details, in breach of this Agreement, you will be fully
responsible for all activities which occur when such third
party is using iBank Lite and such third parties will be
bound by this Contract as if they were you.
(iii) Agree not to log on to iBank Lite using another iBank
Lite User’s login or to use any false name or a name that you
are not authorised to use.
8. YOUR REPRESENTATIONS AND WARRANTIES; INDEMNIFICATION OF TV
AD INDX
You represent and warrant that you are authorised on behalf
of your Company to enter into this Agreement and comply with its
terms. Furthermore, you represent and warrant that you will at
any and all times meet with your obligations hereunder, as well
as any and all laws, regulations and policies that may apply to
the use of iBank Lite and TV Ad Indx Data.
You agree to indemnify TV Ad Indx costs and expenses,
including legal fees, arising out of a breach or any violation
by you of this Agreement. This paragraph shall survive expiry or
termination of this Contract howsoever arising.
You agree to indemnify, defend and hold TV Ad Indx and the TV
Ad Indx Staff harmless from and against any and all liability
and costs, including reasonable attorneys’ fees incurred by said
parties, in connection with or arising out of your (a) violation
or breach of any term of this Agreement or any applicable law or
regulation, whether or not referenced herein, or (b) violation
of any rights of any third party, or (c) use or misuse of iBank
Lite Software, or (d) use and/or modification of iBank Lite.
You shall not be entitled to assign its duties, obligations,
liabilities and responsibilities under this Agreement either in
whole or in part, without the prior written consent of TV Ad
Indx.
You agree that TV Ad Indx may enforce its rights under this
Agreement against you directly in its own name
9. PRIVACY
iBank Lite may track Users’ queries and their usage of iBank
Lite for security and statistical purposes. This information is
for TV Ad Indx’s internal use only and is not shared with any
third party. For more information, contact iBankLite@tvadindx.com.
TV Ad Indx may also use cookies to provide information about
Users’ preferences so that it can optimise iBank Lite.
10. TERMINATION
This Agreement will be effective as of the Effective Date and
shall remain in force for a period of One Year and can be
thereafter be automatically renewed along with your Company’s
renewal to TV Ad Indx’s Subscription Services or otherwise in
accordance with the provisions of this Agreement.
This Agreement will remain effective until terminated by
either TV Ad Indx or your Company as set forth below.
Your rights under this License will terminate automatically
without notice from TV Ad Indx if you fail to comply with any
term(s) of this Agreement. Upon the termination of this
Agreement, you shall cease any and all use of iBank Lite and TV
Ad Indx Data.
You agree that your non-exclusive license to use iBank Lite
and TV Ad Indx Data will terminate if you violate restrictions
covered in this Agreement. TV Ad Indx will also take legal
recourse and apply the most severe criminal charges against you
under Indian and International Copyright and Intellectual
Property Rights laws to protect its data and Intellectual
Property Rights and recover all direct and economic losses of
revenues, profits, contracts and businesses arising from misuse,
duplication of TV Ad Indx Data and /or iBank Lite.
Without limiting other remedies, TV Ad Indx may limit,
suspend, or terminate your license and your use of iBank Lite
and TV Ad Indx Data, prohibit access to TV Ad Indx Websites and
delete your User Accounts and/or User ID, with immediate effect,
if TV Ad Indx thinks that you are in breach of this Agreement,
creating problems, possible legal liabilities, acting
inconsistently with the letter or spirit of our policies, which
can be found at www.tvadindx.com, infringing someone else’s
intellectual property rights, engaging in fraudulent or illegal
activities, or for other similar reasons.
You may terminate this Agreement with immediate effect at any
time, with or without cause and without recourse to the courts,
provided that you will meet with the conditions as set forth in
this Agreement.
This Agreement and License may be terminated by the parties
hereto immediately upon notice if the other Party:
(a) becomes insolvent
(b) files a petition for winding -up
(c) makes an assignment of a significant part of its assets
for the benefit of its creditors
TV Ad Indx will not be liable in respect to any damage caused
by the termination of this Agreement.
TV Ad Indx may modify or terminate its iBank Lite and other
services from time to time, for any reason, and without notice,
including the right to terminate with or without notice, without
liability to you, any other User or any third party.
11. NOTICES
All notices which you are required to give to us shall be
effective only if it is writing and deemed duly given when (i)
delivered by hand, OR (ii) three days after being given to a
reputed courier addressed to “iBank Manager, c/o TV Ad Indx, G
94-97, Triveni Commercial Complex, Sheikh Serai Phase 1, New
Delhi 110 017” AND made via email to iBankLite@tvadindx.com. TV
Ad Indx will send notices by email to your Company’s Registered
Administrator. If we send you an email, it shall be deemed to be
delivered within 24 hours after sending unless we receive
notification that such email has not been successfully
delivered.
You will monitor the TV Ad Indx Website in order to ensure
that you are aware of any changes in the applicable legal
documents. In the event you do not agree on any changes in any
applicable legal document, you will immediately cease any and
all use of iBank Lite and TV Ad Indx Data TV Ad Indx Data from
all hard drives, networks and other storage media and destroy
all copies of iBank Lite and TV Ad Indx Data in your Company’s
possession or control.
12. DISCLAIMER OF WARRANTIES
iBank Lite and TV Ad Indx Data are licensed to you “AS IS”.
TV Ad Indx makes no representations or warranties, express or
implied, regarding the accuracy of any TV Ad Indx Data from in
the TV Ad Indx archives and servers. TV Ad Indx reserves the
right to delete data from the TV Ad Indx Archives and Servers or
to change data categories for any cause that TV Ad Indx deems
sufficient. No warranty is made that iBank Lite and TV Ad Indx
Data are error-free or that functioning of iBank Lite will be
uninterrupted. TV Ad Indx is not obligated to provide you with
any new enhanced or additional data or categories that TV Ad
Indx may choose to provide in the future and is free to
discontinue its offline and online services at any time.
TV Ad Indx disclaims any and all responsibility or liability
for the accuracy, content, completeness, legality, reliability,
or operability or availability of information or material
displayed in iBank Lite results. TV Ad Indx disclaims any
responsibility for the deletion, failure to store, mis-delivery,
or untimely delivery of any information or material. TV Ad Indx
disclaims any responsibility for any harm resulting from
downloading or accessing any information or material on the
Internet through the TV Ad Indx website.
13. LIMITATION OF LIABILITY
TO THE EXTENT NOT PROHIBITED BY LAW, IN NO EVENT SHALL TV AD
INDX BE LIABLE FOR ANY INCIDENTAL, SPECIAL, INDIRECT OR
CONSEQUENTIAL DAMAGES WHATSOEVER, INCLUDING, WITHOUT LIMITATION,
DAMAGES FOR LOSS OF PROFITS, LOSS OF DATA, BUSINESS INTERRUPTION
OR ANY OTHER COMMERCIAL DAMAGES OR LOSSES, ARISING OUT OF OR
RELATED TO YOUR USE OR INABILITY TO USE iBank Lite, HOWEVER
CAUSED, REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, OR
OTHERWISE) AND EVEN IF TV AD INDX HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL TV AD INDX’S
TOTAL LIABILITY TO YOU FOR ALL DAMAGES EXCEED THE AMOUT OF
RUPEES ONE HUNDRED (Rs 100.00). THE FOREGOING LIMITATIONS WILL
APPLY EVEN IF THE ABOVE STATED REMEDY FAILS IN ITS ESSENTIAL
PURPOSE.
14. COMPLETE AGREEMENT AND LICENSE; GOVERNING LANGUAGE
TV Ad Indx reserves the right to modify this Agreement from
time to time without notice. This Agreement does not constitute
the entire Agreement between the TV Ad Indx and you with respect
to the use of iBank Lite licensed hereunder. Your Company is
required to accept the End User Agreement and License for the
installation of iBank Lite and accept additional terms and
conditions if you choose to use TV Ad Indx’s online websites.
This supersedes all prior or contemporaneous understandings
regarding such subject matter. No amendment to or modification
of this Agreement will be binding unless in writing and signed
by TV Ad Indx.
15. ASSIGNMENT
TV Ad Indx is allowed at its sole discretion to assign this
Agreement or any rights hereunder to any Affiliate, without
giving prior notice.
16. CONSIDERATION
In consideration of TV Ad Indx entering into this Agreement
for access to and the limited use of iBank Lite, your Company
hereby agrees and undertakes to pay to TV Ad Indx fees or
charges defined in a separate Subscription Agreement.
17. DISPUTE RESOLUTION
If any dispute arises between you and TV Ad Indx in relation
to this Agreement, then both the Parties shall meet to discuss
the matter and shall negotiate in good faith to endeavour to
resolve the matter. In the case of failure by the Parties to
resolve the dispute in the manner set out above within 30
working days from the date of receipt of dispute notice sent by
either party, the dispute shall be referred to arbitration under
the Indian Arbitration & Conciliation Act, 1996 by a panel of
three arbitrators. You will appoint one arbitrator and TV Ad
Indx will appoint one arbitrator. The two arbitrators so
appointed will appoint the third or the presiding arbitrator.
Arbitration shall be held in New Delhi, Republic of India. The
proceedings of arbitration shall be in the English language. The
arbitrator’s award shall be final and binding on both the
Parties. Each Party will bear the cost of preparing and
presenting its own case and the cost of arbitration shall be
shared equally unless the award provides otherwise.
18. JURISDICTION AND GOVERNING LAW
This Agreement shall be governed and interpreted in
accordance with the laws of the Republic of India. The Courts of
Delhi shall have exclusive jurisdiction in case of any dispute
arising out of, resulting from or relating to this agreement.
This shall not be deemed to in any manner detract the force of
the Clause 17 above.
This Contract shall be governed and interpreted in accordance
with Indian Law and your Company hereby irrevocably submits to
the exclusive jurisdiction of the New Delhi courts.
YOU EXPRESSLY ACKNOWLEDGE THAT YOU HAVE READ THIS AGREEMENT
AND UNDERSTAND THE RIGHTS, OBLIGATIONS, TERMS AND CONDITIONS SET
FORTH HEREIN. BY CLICKING ON THE ACCEPT BUTTON AND/OR CONTINUING
TO USE iBANK LITE SOFTWARE AND TV AD INDX DATA, YOU, ON BEHALF
OF YOUR COMPANY, EXPRESSLY CONSENT TO BE BOUND BY ITS TERMS AND
CONDITIONS AND GRANT TO TV AD INDX THE RIGHTS SET FORTH HEREIN.
© TV Ad Indx – 31.05.2007
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