Lifescience Intellipedia Pvt. Ltd. warrants that the database is its exclusive property and that Lifescience Intellipedia Pvt. Ltd. has the legal right to grant this license to use the database on a non-exclusive basis.
Subscriber company, agrees that the database and all copyright there in shall remain at all times the property of Lifescience Intellipedia Pvt.Ltd. subject to the terms & conditions.
Subscribed company, shall only use the database for their own company purpose and not for any other commercial use or purposes stated in this agreement unless, such consent not to be unreasonably withheld.
Lifescience Intellipedia Pvt.Ltd. will supply the database content to subscribed company by subscription login id and password.
Subscribed company, acknowledge the database is confidential and it shall use its best endeavors to keep the database confidential and shall reveal no part of it except to the employees of its company.
Subscribed company will take preventative action against any of its employees who do not keep the database confidential. The provisions of this clause shall continue to bind subscribed company and Lifescience Intellipedia Pvt.Ltd after the expiry of the term of this agreement.
Supply or make available the Database to any third party, unless agreed by Lifescience Intellipedia Pvt. Ltd.
Subscribed company will duly and punctually provide Lifescience Intellipedia Pvt.Ltd with any information coming into its possession which may be necessary to correct any aspect of the database.
In spite of any other term, condition or provision of this agreement, Lifescience Intellipedia Pvt. Ltd.
a) may reproduce the database by merging the information contained there in with the information contained in database to produce a merged database (" the merged database").
b) shall be entitled to use the merged database for the same purposes as those for which it uses its own database as at the date of this agreement.
Lifescience Intellipedia Pvt.Ltd will not be liable to subscribed company for any claim that may arise as a result of the database being either incomplete or inaccurate. Lifescience Intellipedia Pvt.Ltd will however, use its best endeavors and take all reasonable and proper steps to ensure the database is as complete and accurate as is reasonable possible in the circumstances.
The subscription fee payable by subscribed company for subscription periods shall be mutually agreed between subscribed company and Lifescience Intellipedia Pvt.Ltd and confirmed in writing to subscribed company not later than one month prior to the expiration of each twelve monthly period.
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