Common use of Grant of License to Use the Bank Licensed Marks Clause in Contracts

Grant of License to Use the Bank Licensed Marks. Subject to the terms and conditions of this Agreement, Bank hereby grants to the NMG Companies a non-exclusive, royalty-free, non-transferable right and license to use the Bank Licensed Marks in the United States in connection with the creation, establishment, marketing and administration of, and the provision of services related to, the Program. All uses of the Bank Licensed Marks shall be in accordance with this Agreement and any Trademark Style Guide delivered by Bank to NMG from time to time (which Bank shall so deliver). All uses of the Bank Licensed Marks shall require the prior written approval of Bank. To the extent the NMG Companies delegate any of their rights or obligations hereunder to any authorized Affiliate and/or authorized third party in accordance with the terms and conditions of this Agreement, the NMG Companies may sublicense their rights in the Bank Licensed Marks hereunder to such authorized Person; provided that such Person shall agree to comply with all of the terms and conditions of the use of the Bank Licensed Marks hereunder and the NMG Companies shall remain liable for such Person’s failure to so comply. Except as expressly set forth in this Section 10.2, the rights granted pursuant to this Section 10.2 are solely for use of the NMG Companies and may not be sublicensed without the prior written approval of Bank.

Grant of License to Use the Bank Licensed Marks. Subject to the terms and conditions of this Agreement, the Bank hereby grants to the NMG Companies Company a non-exclusive, royalty-free, non-transferable transferable, non-sublicensable (except as set forth herein) right and license to use the Bank Licensed Marks in the United States in connection with the creation, establishment, marketing and administration of, and the provision of services related to, the Program. All uses of the Bank Licensed Marks (including, without limitation, initial uses and any new uses that differ in any way materially therefrom) shall require the prior written approval of the Bank and shall be in accordance with this Agreement and any Trademark Style Guide or other rules as may be delivered by the Bank to NMG the Company from time to time (which Bank shall so deliver). All uses of the Bank Licensed Marks shall require the prior written approval of Banktime. To the extent the NMG Companies delegate Company delegates any of their its rights or obligations hereunder to any authorized Affiliate and/or authorized third party or to the extent the services of an authorized third party are required in connection with the Company’s participation in the Program, in accordance with the terms and conditions of this Agreement, the NMG Companies Company may sublicense their its rights in the Bank Licensed Marks hereunder to such authorized PersonPerson in each case solely as necessary to perform any such services required to be performed by the Company hereunder; provided that such Person shall agree to comply with all of the terms and conditions of the use of the Bank Licensed Marks hereunder and the NMG Companies Company shall remain liable for such Person’s failure to so comply. Except as expressly set forth in this Section 10.210.1, the rights granted pursuant to this Section 10.2 10.1 are solely for use of the NMG Companies Company and may not be sublicensed without the prior written approval of the Bank.

Grant of License to Use the Bank Licensed Marks. Subject to the terms and conditions of this Agreement, Bank hereby grants to the NMG Companies Pier 1 a non-exclusive, royalty-free, non-transferable right and license to use the Bank Licensed Marks in the United States in connection with the creation, establishment, marketing and administration of, and the provision of services related to, the Program. All uses of the Bank Licensed Marks shall be in accordance with this Agreement and any Trademark Style Guide Guide, if any, delivered by Bank to NMG Pier 1 from time to time (which Bank shall so deliver)time. All uses of the Bank Licensed Marks shall require the prior written approval of Bank. To the extent the NMG Companies delegate Pier 1 delegates any of their its rights or obligations hereunder to any authorized Affiliate and/or authorized third party in accordance with the terms and conditions of this Agreement, the NMG Companies Pier 1 may sublicense their its rights in the Bank Licensed Marks hereunder to such authorized Person; provided that such Person shall agree to comply with all of the terms and conditions of the use of the Bank Licensed Marks hereunder and the NMG Companies Pier 1 shall remain liable for such Person’s failure to so comply. Except as expressly set forth in this Section 10.2, the rights granted pursuant to this Section 10.2 are solely for use of the NMG Companies Pier 1 and may not be sublicensed without the prior written approval of Bank.

Grant of License to Use the Bank Licensed Marks. Subject to the terms and conditions of this Agreement, Bank hereby grants to the NMG Companies Pier 1 a non-exclusive, royalty-free, non-transferable right and license to use the Bank Licensed Marks in the United States in connection with the creation, establishment, marketing and administration of, and the provision of services related to, the Program. All uses of the Bank Licensed Marks shall be in accordance with this Agreement and any Trademark Style Guide Guide, if any, delivered by Bank to NMG Pier 1 from time to time (which Bank shall so deliver)time. All uses of the Bank Licensed Marks shall require the prior written approval of Bank. To the extent the NMG Companies delegate Pier 1 delegates any of their its rights or obligations hereunder to any authorized Affiliate and/or authorized third party in accordance with the terms and conditions of this Agreement, the NMG Companies Pier 1 may sublicense their its rights in the Bank Licensed Marks hereunder to such authorized Person; provided that such Person shall agree to comply with all of the terms and conditions of the use of the Bank Licensed Marks hereunder and the NMG Companies Pier 1 shall remain liable for such Person’s 's failure to so comply. Except as expressly set forth in this Section 10.2, the rights granted pursuant to this Section 10.2 are solely for use of the NMG Companies Pier 1 and may not be sublicensed without the prior written approval of Bank.