Please read these terms carefully before downloading the IDEAglobal.com TimeMachine. We recommend that you save and/or print them for future reference.

Independent Economic Analysis (Holdings) Pte Limited("IDEAglobal.com")

Note:These terms apply to the use of services accessed through the IDEAglobal.com TimeMachine to the exclusion of all other terms, except those expressly agreed additionally by the Licensee and IDEAglobal.com. IDEAglobal.com will not supply such services on any other terms. These terms do not apply in a jurisdiction to the extent not permitted by the laws of that jurisdiction

  1. Definitions
    1. "Application Form" means the form which the Licensee fills in and submits to IDEAglobal.com prior to being permitted to download the IDEAglobal.com TimeMachine.
    2. "Chat Function" means the chat function within the IDEAglobal.com TimeMachine.
    3. "IDEAglobal.com Services" means services originating from IDEAglobal.com and services originating from a third party, but which IDEAglobal.com agrees to supply and bill to the Licensee.
    4. "Licence" means the licence granted to the Licensee in these terms.
    5. "Licensee" means the institution named in the Application Form as the person licensing the IDEAglobal.com TimeMachine and the services accessed through it.
    6. "Registered User" means the employee of the Licensee who is named in the Application Form as the person who will be using the IDEAglobal.com TimeMachine and the services accessed through it.
    7. "Services" means IDEAglobal.com services and Third Party Services
    8. "Subscription" means a subscription to an IDEAglobal.com Service.
    9. "The IDEAglobal.com TimeMachine" includes all IDEAglobal.com TimeMachine computer programs downloaded by the Licensee from the relevant IDEAglobal.com Internet site and any user manuals and other documentation provided in connection with the IDEAglobal.com TimeMachine.
    10. "Third Party Services" means services originating from a third party which the third party agrees to supply through the IDEAglobal.com TimeMachine, and bill to the Licensee.
    11. The Registered User is "Authorised" in respect of an IDEAglobal.com Service when he has requested a Subscription of the I.D.E.A Service and IDEAglobal.com has agreed to that request by permissioning the Subscription.
    12. The masculine gender shall include all genders and the singular includes the plural where the context requires.
  2. Supply of Services
    1. IDEAglobal.com reserves the right to decline to supply any Services. A contract for the supply of an IDEAglobal.com Service is only made when the Registered User is Authorised and may be subject to the consent of the relevant third party. Contracts for Third Party Services are made with third parties, not with IDEAglobal.com and IDEAglobal.com accepts no responsibility for them, except as carrier and then only to the extent liable under these terms.
    2. IDEAglobal.com grants the Licensee a non-exclusive and non-transferable licence to permit the Registered User to access and use the IDEAglobal.com Services in accordance with these terms. The Licensee's rights to access and use the IDEAglobal.com services are limited to such licence.
    3. The Licensee may permit the Registered User to use the Services in (and only in) the course of his/her duties as an employee of the Licensee in the course of its business and for the internal business purposes of the Licensee. The Licensee is responsible for deciding whether any Service is suitable for its intended purpose.
    4. The Licensee will:-
      • not, and procure that the Registered User does not, sell, resell, relay, distribute, redistribute, copy, publish or otherwise deal with or present or disclose to third parties any part of the IDEAglobal.com Services, whether in the form received or in any other form and may not transfer any part of the IDEAglobal.com Services to an information distribution network or publication system whether external or internal;
      • not permit the IDEAglobal.com Services to be accessed or used by any person other than the Registered User;
      • not permit the Registered User to make copies of the Services except by temporarily displaying them on a computer terminal;
      • not, and procure that the Registered User does not, use, copy or transfer the IDEAglobal.com Services except as permitted by these terms;
      • not gain, cause, or permit any unauthorised access to the IDEAglobal.com Services; and
      • not permit others to do any of the above.
    5. The Licensee will:-
      • procure that the Registered User does not disclose his I/D password to any person; and
      • comply with any obligations imposed on it or IDEAglobal.com by a third party and notified to the Licensee by IDEAglobal.com;
    6. On request, the Licensee will supply IDEAglobal.com with details of the computer or computers on which the IDEAglobal.com TimeMachine is installed.
    7. Services may be for access and use in particular territories only or may not be permitted in certain territories. The Licensee is responsible for ensuring that the Services are lawful in the place in which access or use of the Services takes place and for complying with all applicable laws and regulations applicable to the Services laid down by any government or other authority.
  3. Period of subscription
    1. The period of each Subscription will begin on the date on which IDEAglobal.com authorises the Licensee to receive the Subscription and will continue for one year ("the Initial Period"); thereafter, the Subscription shall be renewed automatically for further periods of one year unless and until the Licensee gives to IDEAglobal.com not less than 90 day’s written notice of termination expiring on the last day of the Initial Period or the last day of any subsequent Subscription year.
    2. Subscriptions are also subject to termination as stated elsewhere in these terms.
  4. Payment & Subscription Rates
    1. Unless otherwise agreed, subscription rates for IDEAglobal.com Services shall be as shown in the IDEAglobal.com TimeMachine at the time the Subscription is due. Invoicing and payment of subscriptions for Third Party Services shall be as agreed between the relevant third party and the Licensee and accordingly the provisions of this clause shall not apply to such Services.
    2. Unless otherwise agreed, Subscriptions shall be paid annually in advance in full without set-off or deduction. Interest shall be chargeable on overdue Subscriptions at a rate of 12% per annum.
    3. Subscriptions and any other sums due to IDEAglobal.com are payable via an automatic debit to the Licensee’s credit card account pursuant to the information provided. Upon request, IDEAglobal.com may at its discretion agree to invoice the Licensee instead, in which case invoices must be paid within 15 days. Invoicing and collection of subscriptions may be undertaken by a third party appointed by IDEAglobal.com.
    4. All sums due to IDEAglobal.com are exclusive of Good and Services Tax, Value Added Tax, and any other use or sales taxes, duties, or levies imposed by any authority, government agency which may apply or be introduced from time to time which shall be charged therein in accordance with the relevant regulations in force at the time of providing the IDEAglobal.com Service and shall be paid by the Licensee. If the Licensee is required by any tax authority to account for withholding tax (or similar duties or taxes) in respect of any Subscription due to IDEAglobal.com, the Subscription shall be grossed up so that IDEAglobal.com actually receives the amount which would have been payable had such withholding tax not been so accounted for.
    5. Unless otherwise stated in these terms, no refund of any Subscription paid in advance will be made to the Licensee in any circumstances.
  5. Delivery & Equipment
    1. The Licensee will be responsible for the provision of the necessary telecommunications lines and equipment to enable the Licensee to access and receive the Services from IDEAglobal.com
  6. Availability of Service
    1. IDEAglobal.com will use reasonable endeavours to make the IDEAglobal.com Services available at all times whilst Subscriptions are current. IDEAglobal.com gives no undertaking as to the availability of Third Party Services.
    2. IDEAglobal.com reserves the right at any time and without notice to alter the contents or manner of presentation of the IDEAglobal.com Services.
  7. The Registered User
    1. The Licensee shall be fully responsible to IDEAglobal.com for any acts of the Registered User and any other persons which cause the Licensee to be in breach of these Terms, whether or not the Registered User is acting in the course of his duties. The Registered User shall be deemed to be the duly authorised agent of the Licensee in all his dealings with IDEAglobal.com with regard to the IDEAglobal.com TimeMachine and the services accessed through it.
  8. Chat Function
    1. The Licensee will not and will procure that the Registered User does not transmit or receive using the IDEAglobal.com TimeMachine (or cause the same to be transmitted or received) any information or material which:-
      • is pornographic, obscene, abusive, profane, offensive, misleading, deceptive, disparaging or defamatory;
      • is illegal under the laws of any jurisdiction and/or which could cause IDEAglobal.com or any other user of the IDEAglobal.com TimeMachine to contravene the laws, regulations or rules of any jurisdiction or Government, or codes of conduct governing the Internet;
      • contravenes the intellectual property or other rights of any person;
      • constitutes a threat to, harassment or stalking of another; or
      • contains any advertising or promotion or solicits any goods or services.
    2. The Licensee grants to IDEAglobal.com a perpetual, royalty free, world-wide licence to copy, distribute, display, perform, publish, translate, adapt, modify and otherwise use in any way all information and materials transmitted by the Licensee using the IDEAglobal.com TimeMachine.
    3. The Chat Function is an unmoderated service, and IDEAglobal.com does not exercise any editorial control. IDEAglobal.com does not endorse or in any way vouch for the accuracy, completeness, truthfulness or reliability of any service, opinion, advice, communication, information or other content on or made available through the Chat Function by persons other than IDEAglobal.com or anonymously. None of such materials should be construed or understood to constitute or reflect the views or approval of IDEAglobal.com In addition to the exclusions set out elsewhere in these terms, IDEAglobal.com takes no responsibility of any nature for any information or materials contained in the Chat Function originating from persons other than IDEAglobal.com
    4. IDEAglobal.com reserves the right to delete any messages posted to the Chat Function in breach of these terms and to trace the identity of information and materials sent anonymously and to deal with and disclose any information and materials received on the Chat Function as it sees fit, including disclosing to any government authority any messages posted to the Chat Function in breach of these terms and the identity and location of the person responsible.
  9. Intellectual property rights
    1. The copyright and all other rights in the Services are the property of IDEAglobal.com or its suppliers and accordingly the Licensee shall obtain no copyright or other rights in the Services.
    2. The Licensee acknowledges that the permission to use those copyright works is limited to the rights expressly conferred by this Agreement.
    3. The Licensee agrees to keep confidential and to procure that the Registered User keeps confidential any information supplied to him by IDEAglobal.com and expressly designated as ‘confidential’. This provision shall survive termination of this Agreement
  10. Liability and indemnity
    1. IDEAglobal.com ACCEPTS NO RESPONSIBILITY FOR THE CONTENT OF THE THIRD PARTY SERVICES.
    2. IDEAglobal.com DOES NOT UNDERTAKE, WARRANT OR REPRESENT THAT:-
      • ACCESS TO, POSSESSION OF OR USE OF THE SERVICES IS LAWFUL IN ANY PARTICULAR TERRITORY OR THAT THE USER IS ENTITLED TO ACCESS, POSSESS OR USE ANY SUCH INFORMATION, OR
      • THE SERVICES ARE OF ANY PARTICULAR QUALITY OR OF A QUALITY ADEQUATE TO THE LICENSEE OR SUITABLE FOR ANY PARTICULAR PURPOSE (IMPLIED OR EXPRESS).
    3. IDEAglobal.com AND ALL IDENTIFIED THIRD PARTY DATA SUPPLIERS ("DATA SUPPLIERS") OBTAIN INFORMATION FOR THEIR ANALYSIS AND FORECAST FROM SOURCES WHICH THEY CONSIDER RELIABLE, BUT NEITHER IDEAglobal.com NOR ANY DATA SUPPLIERS GUARANTEE THE ACCURACY OR COMPLETENESS OF THEIR ANALYSIS AND FORECASTS, OR ANY INFORMATION CONTAINED THEREIN.
    4. THE USE AND INTERPRETATION OF THE INFORMATION, ANALYSIS AND FORECAST CONTAINED IN THE SERVICES REQUIRE FINANCIAL SKILL AND JUDGEMENT. THE LICENSEE WARRANTS THAT HE HAS SUCH SKILL AND JUDGEMENT AND SHALL BE SOLELY RESPONSIBLE FOR ANY OPINIONS, RECOMMENDATIONS, FORECASTS OR OTHER COMMENTS MADE OR ACTIONS TAKEN BY HIM BASED ON SUCH INFORMATION, ANALYSES AND FORECASTS.
    5. IDEAglobal.com WILL NOT BE LIABLE TO LICENSEES (AND NOR WILL ANY REFUND OF SUBSCRIPTIONS BE DUE) FOR ANY DELAY IN DELIVERY OR NON-DELIVERY OF THE SERVICES OR IDEAglobal.com TIMEMACHINE OR FOR LOSS OR DAMAGE ARISING OUT OF ANY INTERRUPTION OR FAULTS BEYOND IDEAglobal.com’S CONTROL IN THE SUPPLY OF THE SERVICES, INCLUDING IN PARTICULAR NON-RECEIPT OF THE SERVICES BECAUSE OF FAILURE ON THE PART OF ANY THIRD PARTY TO DELIVER ANY PART OF THE SERVICES OR FAILURE OF EQUIPMENT USED BY LICENSEES TO RECEIVE THE SERVICES.
    6. ALL CONDITIONS WARRANTIES AND REPRESENTATIONS EXPRESSED OR IMPLIED BY STATUTE COMMON LAW OR OTHERWISE IN RELATION TO ANY ASPECTS OR PART OF THE SERVICES ARE EXCLUDED AND IN NO EVENT SHALL IDEAglobal.com OR ANY DATA SUPPLIER BE LIABLE FOR ANY NEGLIGENCE OR TORTIOUS LOSS OR ANY LOSS OR DAMAGE (WHETHER DIRECT OR CONSEQUENTIAL, FORESEEN OR UNFORESEEN INCLUDING LOSS OR PROFITS OR OTHER ECONOMIC LOSS) ARISING OUT OF A SERVICE OR ANY PART OF IT. IN THE EVENT THAT ANY EXCLUSION OR DISCLAIMER OR OTHER PROVISION IS INVALID, THE LIABILITY OF IDEAglobal.com AND ANY DATA SUPPLIER TO A LICENSEE IN EACH YEAR OF A SUBSCRIPTION SHALL BE LIMITED TO THE SUBSCRIPTION PAID TO IDEAglobal.com BY THE LICENSEE FOR THAT SERVICE IN RESPECT OF SUCH YEAR (AND SHALL BE NIL IF NO SUBSCRIPTION IS PAID).
  11. Termination
    1. All Subscriptions will automatically terminate if the Licensee:
      • goes into liquidation (other than a solvent voluntary liquidation for the purposes of an amalgamation or reconstruction) or is declared bankrupt;
      • is unable to pay its debts when they fall due;
      • has a receiver or liquidator or a judicial manager (or administrator) appointed or judicial management (or administration) order made over or in respect of its assets;
      • enters into or proposes to enter into any voluntary arrangement with creditors;
      • is the subject of an event analogous to the above in any jurisdiction;
      • the Registered User ceases to be an employee of the Licensee or otherwise ceases to fulfil the criteria for being permitted to receive the IDEAglobal.com Services specified by IDEAglobal.com from time to time; or
      • breaches any of these terms.
    2. IDEAglobal.com reserves the right at any time and without notice or compensation to withdraw the Registered User's I/D Password access to the Services or any Service if:-
      • the Licensee has given any untrue or inaccurate information upon which IDEAglobal.com relied in agreeing to supply a Service or if there is any subsequent change in the status of the Licensee thereafter;
      • IDEAglobal.com is unable for any reason to obtain payment of a Subscription using the credit card details which the Licensee has provided to IDEAglobal.com
      • IDEAglobal.com terminates the right of the Licensee to use the IDEAglobal.com TimeMachine or to receive any Service through the IDEAglobal.com TimeMachine;
      • a third party wishes to discontinue the supply of a Service to the Licensee.
    3. IDEAglobal.com shall have the right to terminate the Licence immediately without notice and for any reason in addition to the above, in which case IDEAglobal.com will reimburse any part of the current Subscription that relates to the period after termination calculated on a daily basis.
    4. Upon the termination of a Service, regardless of the reason or manner of termination, the Licensee shall destroy and/or deliver up all copies of the Service in his possession and if stored in a hard disk, erase the same and, if so requested by IDEAglobal.com, certify to IDEAglobal.com that this has been done. The Licensee shall continue to be responsible for Subscriptions until such certificate has been delivered to IDEAglobal.com
    5. Termination of this Agreement shall not affect any obligations by either party to the other which are outstanding as at the effective date of termination nor any of the provisions of this Agreement which are expressed to survive termination
  12. Indemnity
    1. The Licensee shall indemnify and hold IDEAglobal.com, its subsidiaries, related and associated companies harmless from any claims by any third party arising directly or indirectly out of access or use of the Services by the Licensee , including without limitation anything inserted into the Chat Function by the Licensee.
  13. Password Disclosure
    1. If, at any time, the Registered User loses or forgets his password or discovers or suspects that his password has been disclosed or is otherwise known to any other persons, the Licensee shall immediately notify IDEAglobal.com at enquiries@timemachine.net and to confirm such notice in writing within seventy-two hours. IDEAglobal.com will assign a new password within a reasonable period of time. Reissue and reactivation of such passwords may be subject to IDEAglobal.com’s standard charges. The Licensee shall to be liable for:-
      • current Subscriptions even though the Registered User is unable to use the Services because his password is lost or forgotten; or
      • new Subscriptions to Services taken out as a result of his password being disclosed or otherwise known to any other person, whether or not the fault of the Licensee or the Registered User.
    2. If the Registered User discloses (whether knowingly or not) his password to another person who uses that password to access a Service which the Licensee is already authorised to receive, IDEAglobal.com shall be entitled to charge to the Licensee a subscription to the Service in respect of that other person.
  14. Monitoring
    1. The Licensee acknowledges and agrees that IDEAglobal.com has the right to monitor, store on computer, process and use in any way all information provided during registration and any and all information transmitted or received through the IDEAglobal.com TimeMachine. IDEAglobal.com may at its sole discretion and without further notice review, censor or prohibit the transmission or receipt of information which IDEAglobal.com deems inappropriate or that violates any law or any term or condition of this agreement.
  15. Enforceability
    1. If any part of these terms is held by a court of competent jurisdiction to be unenforceable, the validity of the remainder of these terms will not be affected.
  16. Assignment
    1. The Licence and the I/D Password(s) issued to the Registered User may not be assigned to any other party without the prior consent in writing of IDEAglobal.com
    2. IDEAglobal.com shall be entitled to assign any Subscription to any associated company and upon being notified of such an assignment the Licensee agrees to treat such Subscription with effect from the date of assignment as being entered into for all purposes between the Licensee and such associated company.
  17. Force Majeure
    1. IDEAglobal.com shall not be liable for failure to perform or delay in performing any obligation if such failure of delay is caused by circumstances beyond its reasonable control, including but not limited to any strikes, acts of God, war, riot, civil commotion, compliance with any law or government order, rule regulation or directions which comes into force after the date of the Licence.
  18. Legal Fees
    1. Without prejudice to any other relief or rights which it is entitled, IDEAglobal.com may claim from the Licensee all sums incurred as a result of appointing lawyers to enforce any provisions of these Terms, including the non-payment of Subscriptions.
  19. Amendments
    1. The Licensee hereby agrees to be bound by such amendments as IDEAglobal.com may make to these standard terms from time to time. In such an event, IDEAglobal.com shall use reasonable endeavours to notify the Licensee of such amendments. Notice of these amendments made available through the IDEAglobal.com TimeMachine or by email shall (without prejudice to other methods of notification) be deemed duly given. If (and only if) a law other than that of Singapore applies and entitles the Licensee to give notice of objection or similar, the Licensee will be deemed to have accepted the terms if he does an act which reaffirms his Subscription or if no notice is received within the minimum period specified under the relevant law.
  20. Notices
    1. Notices will be deemed to be duly given if delivered personally or sent by first class air mail post or sent by email or fax, except that notices of cancellation of Subscriptions by the Licensee shall be in hard copy and shall be sent by any of such means except email. Notices will be deemed to have been duly given at the time of delivery in the case of notices delivered personally, within 5 days of posting in the cases of notices sent by first class air mail and at the time of sending in the case of emails and faxes. Notices sent by email shall not be deemed delivered unless the sender can demonstrate that the it has been delivered by an Internet service provider.
  21. Proper law and jurisdiction
    1. The place where Subscriptions and these terms are made and come into effect is Singapore. They shall be governed by the laws of Singapore and Licensees agree to submit to the non-exclusive jurisdiction of the Singapore Courts. The language applicable to subscriptions, these terms and any proceedings will be English.
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