In these Terms, unless the context otherwise requires, capitalised terms have the meanings given to them in these Terms, and:
Business Day means a day on which banks are open for general bank business in Auckland, New Zealand, excluding Saturdays, Sundays and public holidays;
Computing Environment means your computing environment including all hardware, software, information technology and telecommunications services and Systems;
Confidential Information includes information which:
whether or not such information or documentation is reduced to a tangible form or marked in writing as “confidential”, and howsoever the Receiving Party receives that information;
Consequential Loss includes any consequential loss, indirect loss, real or anticipated loss of profit, loss of benefit, loss of revenue, loss of business, loss of goodwill, loss of opportunity, loss of savings, loss of reputation, loss of use and/or loss or corruption of data, whether under statute, contract, equity, tort (including negligence), indemnity or otherwise. The Parties acknowledge and agree that any other amounts due and payable by you to us under these Terms will not constitute “Consequential Loss” for the purposes of this definition;
Disclosing Party means the party disclosing Confidential Information to the Receiving Party;
Feedback means any idea, suggestion, recommendation or request by you, your customers, whether made verbally, in writing, directly or indirectly, in connection with the Platform;
Insolvency Event means any of the following events or any analogous event:
Intellectual Property means any copyright, registered and unregistered trade marks, designs (whether or not registered or registrable), domain names, know-how, inventions, processes, trade secrets or Confidential Information; or circuit layouts, software, computer programs, databases or source codes, including any application, or right to apply, for registration of, and any improvements, enhancements or modifications of, the foregoing;
Intellectual Property Rights means for the duration of the rights in any part of the world, any industrial or intellectual property rights, whether registrable or not, including in respect of Intellectual Property;
Laws means all applicable laws, regulations, codes, guidelines, policies, protocols, consents, approvals, permits and licences, and any requirements or directions given by any person with the authority to bind the relevant Party in connection with these Terms or the provision of the Platform, and includes the Privacy Act 2020 and the Unsolicited Electronic Messages Act 2007;
Liability means any expense, cost, liability, loss, damage, claim, notice, entitlement, investigation, demand, proceeding or judgment (whether under statute, contract, equity, tort (including negligence), indemnity or otherwise), howsoever arising, whether direct or indirect and/or whether present, unascertained, future or contingent and whether involving a third party or a Party to these Terms or otherwise;
Licence is defined in clause 2.1;
Personal Information is defined in the Privacy Act 2020 and also includes any similar term as defined in any other privacy law applicable to you;
Personnel means, in respect of a Party, any of its employees, consultants, suppliers, subcontractors or agents;
Privacy Policy means any privacy policy set out on the Platform;
Receiving Party means the party receiving Confidential Information from the Disclosing Party;
System means all hardware, software, networks and other IT systems used by a Party from time to time, including a network;
Third Party Inputs means third parties or any goods and services provided by third parties, including customers, end users, suppliers, third party service providers or other subcontractors which the provision of the Platform may be contingent on, or impacted by;
User Account means an account accessible to you to use the Platform;
User Data means the information, materials, logos, diease protocols, documents, qualifications and other Intellectual Property or data inputted by you into the Platform or stored by the Platform or generated by the Platform as a result of your use of the Platform; and
Your Materials means all work, models, processes, technologies, strategies, materials, information, documentation and services (including Intellectual Property), owned, licensed or developed by or on behalf of you before the Effective Date and/or developed by or on behalf of you independently of these Terms.
In these Terms, unless the context otherwise requires:
Magnetize Ltd NZBN 9429046714077
Email: scott@magnetize.co.nz
Last update: 19 November 2021