License Agreement

This License Agreement (“Agreement”) is a legal agreement between you (“Licensee” or “you”) and Virtual Novoads Limited (“Licensor”, “we”, or “us”) regarding the use of digital content, assets, or software (collectively, the “Licensed Materials”) provided by Virtual Novoads Limited through our website or services.

1. Grant of License

Subject to your compliance with this Agreement and full payment of applicable fees, Virtual Novoads Limited grants you a limited, non-exclusive, non-transferable, non-sublicensable license to use the Licensed Materials for personal or business use as defined in the scope of your purchase or service agreement.

2. Permitted Use

  • You may use the Licensed Materials for your own projects, websites, marketing campaigns, or branding purposes, as outlined in your purchase or service agreement.
  • You may modify or adapt the materials to suit your needs, provided such modifications do not violate any clause of this Agreement.

3. Restrictions

  • You may not resell, redistribute, sublicense, or otherwise make the Licensed Materials available to third parties, whether modified or unmodified, unless explicitly authorized in writing by Virtual Novoads Limited.
  • You may not use the Licensed Materials in any way that infringes on the intellectual property rights of others or violates applicable laws or regulations.
  • You may not claim ownership or authorship of the original Licensed Materials.

4. Ownership

All rights, title, and interest in and to the Licensed Materials remain the sole and exclusive property of Virtual Novoads Limited. This Agreement does not transfer any intellectual property rights to you other than the limited license expressly granted above.

5. Termination

This license is effective until terminated. We may terminate this license at any time if you breach any terms of this Agreement. Upon termination, you must cease all use of the Licensed Materials and delete or destroy all copies in your possession.

6. Disclaimer of Warranty

The Licensed Materials are provided “as is” without warranties of any kind, either express or implied. Virtual Novoads Limited does not guarantee that the materials will be error-free or suitable for any particular purpose.

7. Limitation of Liability

In no event shall Virtual Novoads Limited be liable for any damages arising from the use or inability to use the Licensed Materials, including but not limited to loss of profits, business interruption, or data loss, even if we have been advised of the possibility of such damages.

8. Governing Law

This Agreement shall be governed and interpreted in accordance with the laws of the Hong Kong SAR. Any disputes shall be submitted to the competent courts in Hong Kong.

9. Contact Information

If you have any questions about this License Agreement, please contact us:
Company Name: Virtual Novoads Limited
Address: Suite C, Level 7, World Trust Tower, 50 Stanley St, Central, Hong Kong
Email: [email protected]
Phone: +371 200-61-671