Common use of Virtual Items Clause in Contracts

Virtual Items. The Service may feature fictional credits, items, rewards, points, currency, or the like (collectively, “Virtual Items”). The Virtual Items may be used exclusively within the Service. You receive only a limited, personal, non-transferrable, non-exclusive, non-sublicensable, non-assignable, and fully revocable license to use the Virtual Items in connection with the Service and as governed by these Terms. You have no right, title, interest, or ownership in or to any Virtual Items. Virtual Items have no monetary value and are not redeemable for any sum of money. You will receive no compensation for any Virtual Items that are deleted, modified, or to which you lose access if your Account is terminated, suspended, or otherwise limited. Company has the absolute right to manage, regulate, control, modify, or eliminate Virtual Items as we see fit in our sole discretion, and Company will have no liability to you or anyone else for the exercise of such rights. For example, Virtual Items may be immediately lost, deleted from your Account, or otherwise forfeited if your Account is terminated or closed for any reason or when Company discontinues, modifies, or updates an applicable aspect of the Service (for example, discontinuing a game featuring Virtual Items). All purchases of licenses to Virtual Items are final and governed by the terms of Section 6 (Paid Services); by indicating your desire to purchase a license to any Virtual Items through the Service, including by clicking or tapping the relevant purchase button, you confirm that you want said items credited to your Account and in so doing you lose any cancellation rights you may have under applicable laws. Any unauthorized transferring, trading, selling or exchanging of any Virtual Items to anyone, including other users of the Service, is strictly prohibited. Company may take action it deems appropriate in response, including deletion of the Virtual Items or termination or suspension of any Account involved. You acknowledge and agree that Company will have no liability for the use or loss of Virtual Items for any reason, including due to any unauthorized third-party activity, such as hacking, phishing, password mining, social engineering, or any other unauthorized activity. Company may replace such lost Virtual Items under certain circumstances, in our sole discretion and on a case-by-case basis, without incurring any obligation or liability. If Company revokes your license to Virtual Items, Company will not have any liability to you for any time or money spent by you on Virtual Items, any Virtual Items associated with your Account, or for any other reason whatsoever.

Appears in 1 contract

Sources: Privacy Policy

Virtual Items. The Service From time to time during your use of the Service, you may feature fictional creditshave the opportunity to “earn”, “buy” or “purchase” (a) virtual in-game items, rewards, ; or (b) virtual in-game points, currencyincluding but not limited to virtual coins, cash or points, all for use in the like Service (collectivelytogether with virtual in- game items, “Virtual Items”). The You do not in fact “own” the Virtual Items may be used exclusively within and the Serviceamounts of any Virtual Item do not refer to any credit balance of real points or its equivalent. You receive only Rather, by “earning”, “buying” or “purchasing” Virtual Items, you are granted a limited, personal, non-transferrable, non-exclusive, non-sublicensable, non-assignable, and fully revocable limited license to use the Virtual Items in connection with software programs that manifest themselves as the Service and as governed by these Terms. You have no right, title, interest, or ownership in or to any Virtual Items. The purchase and sale of such limited licenses to use Virtual Items have is a completed transaction upon redemption of the applicable payment and shall under no monetary circumstances be refundable, transferable or exchangeable including, without limitation, upon termination of your Account, termination of these Terms, and/or the discontinuation of the Service, except as required by law. COMPANY prohibits and does not recognize any purported transfers of Virtual Items effectuated outside of the Service, or the purported sale, gift or trade of anything that appears or originates in the Service, unless otherwise expressly authorized by COMPANY in writing. Accordingly, you may not sublicense, trade, sell or attempt to sell in- game Virtual Items for real money, or exchange Virtual Items for value of any kind outside of a game, without COMPANY’s written permission. Any such transfer or attempted transfer is prohibited and are not redeemable void, and will subject your Account to termination. You acknowledge and agree: (a) that COMPANY may change the price of Virtual Items at any time, without notice, for any sum reason or for no reason, (b) that the amount of money. You will receive no compensation for any virtual points necessary to obtain certain Virtual Items that are deleted, modified, or to which you lose access if your Account is terminated, suspended, or otherwise limited. Company has the absolute right to manage, regulate, control, modify, or eliminate Virtual Items as we see fit in our sole discretionmay fluctuate, and Company will have (c) that COMPANY has no liability to you or anyone else for any changes in the exercise price of such rights. For example, Virtual Items may be immediately lost, deleted from your Account, or otherwise forfeited if your Account is terminated or closed for any reason or when Company discontinues, modifies, or updates an applicable aspect and/or the amount of the Service (for example, discontinuing a game featuring virtual points necessary to obtain Virtual Items). All purchases of licenses COMPANY reserves the right, without prior notification, to Virtual Items are final and governed by limit the terms of Section 6 (Paid Services); by indicating your desire to purchase a license to any Virtual Items through the Service, including by clicking or tapping the relevant purchase button, you confirm that you want said items credited to your Account and in so doing you lose any cancellation rights you may have under applicable laws. Any unauthorized transferring, trading, selling or exchanging of any Virtual Items to anyone, including other users of the Service, is strictly prohibited. Company may take action it deems appropriate in response, including deletion quantity of the Virtual Items or termination or suspension of any Account involvedyou can purchase and/or to refuse to allow you to purchase such Virtual Items. You acknowledge and agree that Company will COMPANY shall have no liability for the use or loss of Virtual Items for any reason, including due to any unauthorized third-third party activity, such as hacking, phishing, password mining, social engineering, or and/or any other unauthorized third party activity. Company COMPANY may replace such lost Virtual Items under certain circumstances, in our at its sole discretion and on a case-by-case basis, without incurring any further obligation or liability. If Company revokes your license COMPANY owns, has licensed, or otherwise has rights to Virtual Itemsuse all of the content that appears on or in the Service. Notwithstanding any provision to the contrary herein, Company will not you agree that you have no right or title in or to any liability to you for any time or money spent by you on Virtual Itemscontent that appears in the Service, any including without limitation the Virtual Items associated with your Accounttherein, whether “earned” in a game or for any other reason whatsoever“purchased” from COMPANY.

Appears in 1 contract

Sources: Terms of Service