If you are a licensed user of AVY Systems check your current license agreement for specific details on agreed fees and other terms.

 

 

AVY SYSTEMS
PROPERTY OWNER LICENSE AGREEMENT

Copyright Exotic Properties Ltd 2003.

 

 

This License Agreement (this “Agreement”) has been made between Exotic Properties Limited and the Property Owner (the “Owner”) licensed to use the AVY Systems availability and booking software.

 

WHEREAS:

 

Exotic Properties has developed a web based vacation villa, apartment and yacht charter booking system known as “AVY Systems” (the “Booking System”).  The Owner has obtained a license to use the Booking System. Exotic Properties is willing to provide Owner with a license to use the Booking System upon the terms and conditions of this Agreement.

1.             LICENSE

1.1           Grant.  Exotic Properties grants to the Owner a nonexclusive, revocable license (the “License”) to use the Booking System, and all associated software, documentation, manuals, materials, data, codes, and all other information and materials specified by Exotic Properties from time to time, (collectively the “Licensed Material”), on the terms and conditions set out in this Agreement, for the sole purpose of promoting and accepting vacation rental bookings for the Owner’s Property (the “Permitted Use”). 

 

1.2           Fee.  In consideration of Exotic Properties granting the License to the Owner, the Owner shall pay Exotic Properties the Fee (plus any applicable taxes) described in the Application.  The Owner acknowledges that the fee in respect of any future license of the Licensed Materials it may acquire, may be more or less than the Fee, in the sole discretion of Exotic Properties.

 

1.3           Term.  Subject to clause 6.2, the License shall commence on the date set out in the Application and shall continue for twelve (12) months unless terminated earlier in accordance with this Agreement. The License may be extended for further twelve month periods by the Owner by payment of the fee for the Licensed Materials being charged by Exotic Properties at the time of the extension.

 

1.4           Back-up Copy.  The Owner may make one (1) copy of the Licensed Material, but solely for use as back-up, and for no other purpose.  Except as aforesaid, the Owner shall not reproduce, copy, duplicate or distribute the Licensed Material, or any component of the Licensed Material, without Exotic Properties’ prior written consent. 

 

1.5           Retention of Rights.  Exotic Properties reserves the right to use all or any portion of the Licensed Material in any manner, and/or license, assign, convey, transfer, sell or otherwise alienate all or any portion of the Licensed Material to any third party.

2.             OWNERSHIP RIGHTS

The Owner acknowledges that Exotic Properties has the exclusive proprietary, ownership and (except for the License) use rights to all the Licensed Material and: 

(i)                   all technical data or written material concerning the Licensed Material, including all designs, plans, illustrations, specifications, flow charts, diagrams, manuals, documentation, trademarks, trade names, service marks, patents and copyrights (if any, whether or not registered);

(ii)                 all know‑how or techniques concerning the Licensed Material; and

(iii)                all inventions, discoveries, integrations, object codes, source codes, software and future modifications, enhancements or improvements of, in or to the Booking System or any Licensed Material (“Product Modifications”), including those which the Owner may conceive or originate either on its own or jointly with the assistance of others. 

Exotic Properties, in its sole discretion, shall determine which (if any) of the foregoing items it will deliver and/or make available to the Owner.

3.             OBLIGATIONS OF THE OWNER

3.1           Liens, Assignment.  The Owner shall keep all the Licensed Material free of any liens, claims or encumbrances of any type, and may not rent, lease, sell, sublicense, assign or otherwise transfer the Licensed Material or any part of it at any time. 

 

3.2           Confidentiality of Trade Secrets.  The Owner acknowledges that all information, know-how and data which it acquires from Exotic Properties concerning the application, development, technical specifications or use of the Licensed Material, as well as the other items concerning the Licensed Material that are identified in clause 2.1 above (other than those which are in the public domain), are highly confidential and constitute trade secrets of Exotic Properties (the “Trade Secrets”).  The Owner agrees that during the term of this Agreement and following the termination of this Agreement or the License for any reason, the Owner shall not directly or indirectly: 

(i)                  sell, alienate, transfer, assign, disclose or divulge Trade Secrets to any person or entity, nor permit any other person to do so, without Exotic Properties’ prior written consent; or

(ii)                 use Trade Secrets or any information relating to Trade Secrets in or for the benefit of any individual, business, profession, association, partnership, corporation, limited liability company, joint venture or other endeavor, without Exotic Properties’ prior written consent.

 

3.3                 Title Protection.  The Owner covenants that it shall not claim, attack, compromise, file suit against or commit or fail to take any action which could impair any of Exotic Properties’ rights, titles or interests in the Licensed Material.  The Owner shall not attempt to develop any software similar to the Booking System or any Licensed Material through reverse engineering, disassembly, decompilation or any other method.

 

3.4           Indemnity.  The Owner defends, indemnifies and holds harmless Exotic Properties from all liabilities and reasonable expenses, judgments, fines or penalties which Exotic Properties may incur that result from any claims, actions, suits or proceedings that arise due to actions of Owner which constitute a breach of Owner’s representations, warranties or obligations under this Agreement.

 

3.5           Survival of Covenants.  The Owner’s obligations under this clause 3 shall survive the termination of this Agreement or any of this Agreement’s provisions, for any reason.

4.             WARRANTIES

4.1           Exotic Properties’ Warranties.  Exotic Properties warrants that it has the right to enter into this Agreement and deliver the Licensed Material to the Owner.  The foregoing warranty is for the sole benefit of Owner, and not for any third party.  Except as expressly provided herein, all other warranties, representations and statements (whether express or implied, oral or written, arising by trade usage, statutory or otherwise) concerning the Licensed Material are excluded. In particular Exotic Properties does not warrant that:

(i)                  the Licensed Material is error free;

(ii)                 the use of the Licensed Material will be uninterrupted for any reason;

(iii)               the Licensed Material will meet the Owner’s requirements or is fit for any particular purpose; or

(iv)               any perceived defects in the Licensed Material will be corrected.

 

4.2                 Owners’ Warranties and Covenants.  The Owner warrants and covenants that:

(i)            it is empowered to enter into this Agreement and carry out its obligations under this Agreement, it has validly entered into this Agreement, and this Agreement is binding on the Owner after execution; and

(ii)           it has and will have at all times during the License, the right to enter into legally binding agreements for the lease or licensing of the Property, in particular in accordance with the Booking Option procedure selected in the Application.

5.             REMEDY LIMITATIONS

5.1           Waiver of Damages and Remedies.  Exotic Properties disclaims and shall not be liable for, and the Owner waives any claims or remedies the Owner may have against Exotic Properties for direct, indirect, special, consequential, incidental or punitive damages of the Owner or any other individual or entity, including but not limited to damage arising from lost profits, customer claims, loss of use of any or all Licensed Material or any equipment, software, system or facility, loss of data, lack or loss of productivity, cost of substitute equipment, software, system or services, or downtime costs which arise out of any breach of this Agreement by Exotic Properties or any obligations Exotic Properties owed to the Owner, or Exotic Properties’ breach of warranty, or which arises pursuant to any tort (including negligence and strict liability, but excluding gross negligence or willful misconduct) or other claim, or for any claim made against the Owner by any other party, even if Exotic Properties has been advised of the possibility of such claim in advance, except as set out in clause 5.3 below.

 

5.2           Delays.  Exotic Properties shall not be liable for and the Owner waives any damages caused by delay in delivery, installation or furnishing of the Licensed Material under this Agreements.

 

5.3           Obligations.  To the extent permitted by applicable law, Exotic Properties’ liability in relation to the Licensed Material under this Agreement howsoever arising will be limited at its option to:

(i)                  the replacement of any Licensed Material or part thereof;

(ii)                 the repair of any Licensed Material or part thereof; or

(iii)               the payment of the cost of replacing or repairing the Licensed Material.

The Owner specifically waives all other remedies available to it in law, in equity or otherwise, whether for breach of contract or otherwise. 

6.             CERTAIN USE OBLIGATIONS OF OWNER AND EXOTIC PROPERTIES

6.1           Log-on Code.  Exotic Properties shall provide the Owner with one (1) unique Primary Log-on Code and up to two (2) unique Secondary Log-on Codes (collectively the Owner’s “Log-on Codes”) for the Booking System.  The individual authorised by Exotic Properties to use the Primary Log-on Code is the person named in the Application as the Primary User. The individual or individuals authorised by Exotic Properties to use the Secondary Log-on Codes are the person or persons named in the Application as the Secondary Users. The Owner may by 14 days notice in writing to Exotic Properties, change the nominated Primary or Secondary Users.  Subject to this Agreement, the Owner’s Log-on Codes shall be valid for the term of the License.  The Owner shall keep it’s Log-on Codes and associated passwords confidential and shall not directly or indirectly disclose one or all of them to any person not a Primary User or a Secondary User without the prior written consent of Exotic Properties.

 

6.2           Other Users.  The Primary User and the Secondary Users shall only access and operate the Booking System using their individual Primary or Secondary Log-on Code (as applicable).  The Primary and Secondary Users shall keep their Log-on Codes and associated passwords confidential and shall not directly or indirectly disclose one or all of them to any person other than the Owner without the prior written consent of Exotic Properties. The Owner acknowledges that if it is not the Primary User, the License will not commence unless and until the Primary User has agreed in writing to be bound by the terms and conditions of this Agreement in accordance with Part Two of the Application.  Exotic Properties has the right to cancel a Primary or Secondary User’s Log-ons when requested to do so in accordance with clause 6.1.

 

6.3           Booking Confirmation Procedure.  If the Application indicates that the Owner has selected the “On Request” Booking Confirmation System, the Primary User shall acknowledge and respond to all booking requests or requests to change bookings within 24 hours of being notified of the request.  The Owner acknowledges that no booking or requests to change a booking using the Booking System will be confirmed without a response from the Primary User.  If the Application indicates that the Owner has selected the “Free Sale” Booking Confirmation System, the Owner acknowledges that requests for bookings and requests to change bookings using the Booking System may be confirmed automatically without further action on the part of the Primary User, subject to the request meeting the ‘Free Sale Terms’, as published by the Owner in the Booking System. The Owner acknowledges that the Secondary Users are not authorised by the Booking System to confirm booking requests or requests to change bookings.

 

6.4          Obligation to Keep Booking System Up to date.  The Owner shall ensure that all information in the Booking System in relation to the Property (including the calendar) is accurate and complete at all times, and that all bookings of the Property (whether or not made through the Booking System) are immediately recorded on the Booking System.

 

6.5           No Third-Party Access.  The Owner shall not allow any person other than a Primary or Secondary User to use its Log-on Codes or the Licensed Materials or any part of them in any manner whatsoever without the prior written consent of Exotic Properties.

 

6.6           Agents.  Only the Primary User may by notice in writing to Exotic Properties nominate, alter or remove agents to whom the Property will be available through the Booking System.  The Owner acknowledges that the Property will only be available through the Booking System to those of its nominated agents who enter into an approved license agreement with Exotic Properties in relation to the Licensed Materials.

 

6.7           Confidentiality of Booking Information.  Exotic Properties acknowledges that the information the Owner enters into the Booking System in relation to bookings for the Property may be commercially sensitive.  Accordingly, Exotic Properties agrees that it will not use any such information or contact any client of the Property featured in such information for its own purposes without the prior approval of the Primary User, unless required by law.

7.             TERMINATION

7.1           For Cause.  The Owner’s Log-on Codes or any one or more of them, and/or the License may be terminated at the option of Exotic Properties at any time upon the occurrence of any of the following:

(i)            the Owner discontinues its active use of the Licensed Material;

(ii)           the Owner commits a material default under this Agreement (including but not limited to its failure to meet any of its obligations under clause 6, or its failure to make a payment of any amounts owing to Exotic Properties when and as the same become due);

(iii)          the Owner attempts to reproduce, sell, mortgage, lease, assign, convey, transfer or sublicense any Licensed Material;

(iv)          the Owner voluntarily or involuntarily becomes subject to a bankruptcy proceeding, makes an assignment for the benefit of creditors, becomes insolvent, otherwise becomes subject to any proceeding for relief from or protection of creditors; or

(v)           the Owner ceases to have the authority to enter into binding contractual arrangements to lease or license the Property through the Booking System on the terms and conditions of this Agreement.

 

7.2           Return of Data.  Upon the termination of this Agreement for any reason, the Owner immediately shall return all the Licensed Material and all records and copies thereof to Exotic Properties, and shall not retain any copies of the foregoing items in any form whatsoever without the prior written approval of Exotic Properties.

8.             PRODUCT CHANGES

8.1           Updates.  Exotic Properties may change the performance, specifications, programming method and/or design of any Licensed Material from time to time.  Exotic Properties will advise the Owner of any material changes in the Licensed Material from time to time. 

 

8.2           Provision of Updates.  The Owner acknowledges and agrees that Exotic Properties shall have no obligation whatsoever to update and/or provide any enhanced, modified or updated versions of the Booking System or any Licensed Material to Owner at any time.

 

8.3          Discontinuance.  Exotic Properties shall have the right, at its sole option, to discontinue the Booking System and/or the Licensed Material at any time or from time to time.  Exotic Properties has no obligation whatsoever to maintain any version of the Booking System of the Licensed Material in its files.  Any such discontinuance by Exotic Properties shall not constitute a breach by Exotic Properties of this Agreement.

9.             GENERAL

9.1           Amendments.  This Agreement may only be amended by the written agreement of the parties.

 

9.2           Entire Agreement.  This Agreement constitutes the entire understanding of the parties and prevails over all other representations whether oral or in writing made prior to the date of this Agreement.

 

9.3           Waiver of Obligations.  No failure of Exotic Properties to exercise any power given to it or to insist upon the strict compliance by the Owner with any obligations or conditions and no custom or practice of the parties or variances with the terms of this Agreement shall constitute a waiver of Exotic Properties’ rights to demand exact compliance with the terms of this Agreement, and nor shall a waiver by Exotic Properties of any particular default affect or impair Exotic Properties’ rights in respect to any subsequent default of the same or different nature, and nor shall any delay or omission of Exotic Properties to exercise any rights arising from a default affect or impair Exotic Properties’ rights as to the said default or any subsequent default.

 

9.4           Relationship between the Parties.  This Agreement does not make the Owner the agent, legal representative, partner or joint venturer of Exotic Properties for any purpose whatsoever.  The Owner has no right to create any obligation or responsibility, express or implied, on behalf of or in the name of Exotic Properties, or to bind Exotic Properties in any manner or concerning any matter.

 

9.5           Applicable Law.  This Agreement will be governed by the laws of Singapore.  Where any law of the Country or the law governing this Agreement implies in this Agreement any term, condition or warranty (“Warranty”), and that law avoids or prohibits in a contract excluding or modifying the application of or exercise of, or liability under such Warranty, such Warranty is deemed to be included in this Agreement.

 

9.6           Binding Effect.  This Agreement shall be binding upon and inure to the benefit of Exotic Properties and the Owner as well as their respective successors and (in the case of Exotic Properties) permitted assigns.

 

9.7           Severability.  If a court of competent jurisdiction rules that any one or more of this Agreement’s provisions are invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any of this Agreement’s other provisions, and this Agreement shall be construed as if it had never contained such invalid, illegal or unenforceable provision.  Without limiting other provisions of this Agreement, the parties expressly intend and agree that each and every limitation of liability, disclaimer of warranties or exclusion of damages in this Agreement be severable and independent of any other provision and be enforced as such.  Further, the parties expressly intend and agree that if any remedy in this Agreement is determined to have failed of its essential purpose, all limitations of liability and exclusions of damages set forth in this Agreement shall continue to remain in effect.

 

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