Grant of License by NEM. NEM hereby grants to PROMOTER a non-transferable, non-exclusive, royalty-free license to use, strictly in accordance with the terms of this Agreement, the NASCAR and NASCAR Sprint Cup Series marks listed on Exhibit 3 to this Agreement (collectively, the “NASCAR Marks”) in connection with the publicity, promotion and advertising of the Event. This license shall terminate upon the expiration or termination of the sanction granted by this Agreement.
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Samples: Sanction Agreement (Dover Motorsports Inc), Sanction Agreement (Dover Motorsports Inc), Sanction Agreement (Dover Motorsports Inc)
Grant of License by NEM. NEM hereby grants to PROMOTER a non-transferable, non-exclusive, royalty-free license to use, strictly in accordance with the terms of this Agreement, the NASCAR and NASCAR Sprint Cup Series marks listed on Exhibit 3 to this Agreement (collectively, the “NASCAR Marks”) ), as they may be amended, added, and/or deleted from time to time, in connection with the publicity, promotion and advertising of the each applicable Event. This license shall terminate upon the expiration or termination of the sanction granted by this Agreement.
Appears in 2 contracts
Samples: Sanction Agreement (Dover Motorsports Inc), Sanction Agreement (Dover Motorsports Inc)
Grant of License by NEM. NEM hereby grants to PROMOTER a non-transferable, non-exclusive, royalty-free license to use, strictly in accordance with the terms of this Agreement, the NASCAR and NASCAR Sprint Cup Series Logo(s) marks listed on Exhibit 3 to this Agreement (collectively, the “"NASCAR Marks”) "), as they may be amended, added, and/or deleted from time to time, in connection with the publicity, promotion and advertising of the each applicable Event. This license shall terminate upon the expiration or termination of the sanction granted by this Agreement.
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