The goal of this Web Site is to provide You with access to information about VAX applications, products and services, and other related goods and services (the "Content"). The Terms are meant to protect all of Our visitors to this Web Site.
"Booking" shall mean one (1) Booking of a reservation for a travel product VAX by the Travel Agency for a consumer, which Booking includes at least one (1) passenger.
"Cancellation" shall mean one (1) cancellation of a Booking for at least one (1) passenger.
"Confidential Information" shall mean all information and materials concerning a party's business, plans, pricing, customers, technology, and products that are confidential and of substantial value to such party, which value would be impaired if such information and materials were disclosed to third parties. No Confidential Information shall be deemed confidential unless so marked if given in writing or, if given orally, identified as confidential prior to disclosure; provided that for purposes of this Agreement all information and materials relating to the VAX Technology and all information and materials relating to the sale of travel products included in the VAX Inventory through VAX using VAX shall be deemed confidential.
"Affiliates" shall mean, with respect to a party, any entity controlled by, controlling, or under common control with such party. For purposes of the preceding sentence, a party shall be deemed to control an entity if such party directly or indirectly owns more than 50% of the voting interests in such entity.
"VAX Content" shall mean all materials and information (including without limitation all text, graphics, photographs, audio, video, pricing and delivery information and details of accommodations and travel arrangements) used by VAX to describe the travel products and services included in the VAX Inventory.
"VAX Inventory" shall mean the travel products and services from time to time offered through VAX.
"Net Bookings" shall mean the number of Bookings during a time period minus the number of Cancellations during that same time period.
"VAX" shall mean the VAX VacationAccess and VAXPRO technology owned by VAX that enables the Travel Agency to access the VAX Inventory and make purchases on behalf of their agency and/or customers.
"VAX Technology" shall mean VAX and all software and technology related thereto.