No Liability for Virtual Items Clause Examples
The "No Liability for Virtual Items" clause establishes that the provider is not responsible for any loss, damage, or malfunction of virtual goods or digital items within a service or platform. This typically means that if a user loses access to purchased in-game currency, digital collectibles, or other non-physical assets due to technical issues, account problems, or unauthorized access, the provider will not compensate or restore those items. The core function of this clause is to limit the provider's legal exposure and clarify that users assume the risk associated with virtual items, thereby preventing disputes over digital asset losses.
No Liability for Virtual Items. Prices, availability, exchangeability, and transferability of Virtual Items are determined by us in our sole discretion and are subject to change without prior notice to you. Subject to applicable law and any other written and signed agreement entered into between you and PortalOne in addition to these Terms, you agree that PortalOne has the absolute and unrestricted right to manage, restrict, distribute, control, modify, withdraw, cancel, eliminate, change the prices or methods of exchange of, or reduce or limit the supply of Virtual Items in its sole discretion, and that PortalOne will have no liability to you or to any third party for exercising any of these rights. Under no circumstances will PortalOne be liable to you for any damages or claims that may arise from the loss of Virtual Items, regardless of the circumstances. Without limiting anything in this Section, our liability to you for the loss of any Virtual Items, or the use or enjoyment of any Virtual Items, will under no circumstance exceed the replacement of such Virtual Items or the provision of alternative Virtual Items.