'Rayve' is defined as all software, files and media downloaded as part of Raylogic's Rayve 3D Game Engine.

'Licensee' is defined as a single natural person that has paid for a license to use Rayve.

Rayve is proprietary software of Raylogic.

Rayve is made available "as is" without any warranty whatsoever, expressed or implied. Using Rayve signals agreement that Raylogic cannot be held liable for any type of damages, direct or indirect, from the use of Rayve.

Rayve is for use by the licensee only. No part of the Rayve distribution can be shared with others.

A license grants the licensee permanent use of Rayve along with any future updates, unless the licensee violates the terms of the license, in which case the license can be revoked.

A licensee can create and distribute compiled/binary software that uses Rayve as long as it is 'non-competing', meaning the licensee cannot distribute software using Rayve that can be used by others to develop software with ray tracing capability.

Any statements Raylogic makes about future plans for Rayve are made in good faith. However, these statements are just ideas being considered and are not given as guarantees or legal commitments.

There are no royalties on software created with Rayve. License fee subject to change. No refunds are available.

Thank you for using Rayve!