Common use of Bank Licensed Marks Clause in Contracts

Bank Licensed Marks. Bank or its Affiliates, as applicable, is the owner of the Bank Licensed Marks and has the right, power and authority to license to Company the use of the Bank Licensed Marks in connection with the Program and the use of the Bank Licensed Marks by Company in a manner approved (or deemed approved) by Bank shall not (i) violate any Applicable Law or (ii) infringe upon the right(s) of any third party, in either case to an extent that would reasonably be expected to have a Bank Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Card Program Agreement (Target Corp), Program Agreement

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Bank Licensed Marks. Bank or its Affiliates, as applicable, an Affiliate of Bank is the owner of the Bank Licensed Marks and Bank has the right, power and authority to license to Company and authorized designees the use of the Bank Licensed Marks in connection with the Program Program, and the use of the Bank Licensed Marks by Company said licensees in a manner approved (or deemed approved) by Bank shall not (i) § violate any Applicable Law or (ii) § infringe upon the right(s) of any third party, in either case to an extent that would reasonably be expected to have a Bank Material Adverse Effect.

Appears in 1 contract

Samples: Credit Card Program Agreement (Ascena Retail Group, Inc.)

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Bank Licensed Marks. Bank or its Affiliates, as applicable, is the owner of the Bank Licensed Marks and has the right, power and authority to license to Company the use of the Bank Licensed Marks in connection with the Program and the use of the Bank Licensed Marks by Company in a manner approved (or deemed approved) by Bank shall not (i) violate any Applicable Law or (ii) infringe upon the right(s) of any third party, in either case to an extent that would reasonably be expected to have a Bank Material Adverse EffectProgram.

Appears in 1 contract

Samples: Credit Card Program Agreement (Nordstrom Inc)

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