CHS Data and Products definition
Examples of CHS Data and Products in a sentence
CHS assumes no liability for failure to provide CHS Data and Products or CHS Data and Products Updates, or notices of Products or Updates, to the Licensee.
CHS reserves the right to require the Licensee to provide CHS, within ninety (90) days following the end of the Licensee's fiscal year, with a copy of its audited financial statements, or an audited statement of its revenues from the sale of CHS Data and Products.
CHS will provide the Licensee with the CHS Data and Products, either by delivering them to the Licensee, or by providing the Licensee with electronic access to them.
The Licensee shall not during or at any time after the expiry or termination of this Agreement in any way question or dispute the ownership by the Crown of its Intellectual Property Rights in and to the CHS Data and Products.
Every page of a VAR Product or Update that contains CHS Data and Products shall also include the following notice: NOT TO BE USED FOR NAVIGATION – see page x for explanatory note.
Access Royalties payable are as follows: ▪ $300 CDN per licence term (BSB raster charts, S-57 vector charts, Tide and Current data, Publications and/or other Products); ▪ Bathymetric Data: refer to NONNA-10 and NONNA-100 gridded bathymetric datasets on the CHS website (higher resolution bathymetric data not available); Access Royalties will be payable once per licence term, in advance of receiving CHS Data and Products.
In the event of non-payment, CHS has the discretion to revoke the Licensee’s licence or any renewal of the Licensee's licence, and to repossess any documentation, records or information relating to CHS Data and Products, in accordance with clause 10.
If at any time, the Licensee is in default on the performance of any of its payment or other obligations under this Agreement, CHS shall be entitled, for so long as such default continues, to withhold provision of any CHS Data and Products and/or CHS Data and Product Updates to the Licensee.
The Sales Royalties payable will be calculated as follows for each VAR Product and VAR Product Update sold by the Licensee containing CHS Data and Products and/or CHS Data and Product Updates: Net Revenue for the purposes of calculating Sales Royalties means Gross Revenue minus Applicable Returns minus Channel Discounts (Discounts given by the Licensee to its own dealers/distributors on its VAR Products).
Every page of a VAR Product or Update that contains CHS Data and Products shall also include the following notice: This product does not meet the requirements of the Navigation Safety Regulations, 2020 – see page x for details.