Not Currency Clause Samples
Not Currency. Virtual Items are not money and do not entitle any person to any payment. While we may use terms like “buy”, “purchase,” or “sell” in reference to some Virtual Items, such uses are merely for convenience and do not mean that Virtual Items have any particular value. Other than permitted by the functionality of the Service when used for its intended purpose, all transfers of Virtual Items between users (including through the transfer of accounts on the Service) are expressly prohibited, including any sale or exchange, whether direct or through an intermediary, such as an auction service. Virtual Items are provided to you for entertainment purposes only, and we grant you a limited, personal, revocable, non-transferable, non-sublicensable license to use any Virtual Items you obtain or access only on the Service for non-commercial use. Virtual Items are not real property, and, as between you and PortalOne, PortalOne owns all rights, title, and interest in all Virtual Items. You may not convert, exchange, or redeem Virtual Items for any government-issued or virtual currency.
Not Currency. It is understood among the Parties that virtual items in the Applications, including Virtual Diamonds, are not currency and are not redeemable for money or monetary value from Defendant or any other Person. Virtual items in the Applications do not have an equivalent value in real currency and do not act as a substitute for real currency. Neither Defendant nor any other Person has any obligation to exchange virtual items for anything of value, including, but not limited to, real currency. Defendant may engage in actions that may impact the perceived value or purchase price of Virtual Diamonds at any time. Virtual Diamonds are not transferrable.