License of Event Logo Sample Clauses

License of Event Logo. During the Term, the Host Parties shall have a limited, non- exclusive license (the “License”) to use the Event Logos, provided that: (i) Such use is solely for purposes of promoting and advertising the Venue and the Host Parties’ sponsorship of the Events; (ii) Such use complies fully with the terms of this Agreement, including without limitation, the Trademark Standards and Usage Guidelines contained in Section 8(c) below; (iii) The Host Parties may use the Event Logos in vacation planners, marketing brochures and on Host Party websites in order to publicize the Event and attract/inform participants and spectators, provided, however, that in no event may the Host Parties sell or produce any IRONMAN-branded or Event-branded merchandise, products, or services; (iv) The Event Logos are, and shall remain, the property of WTC, and any and all rights in, to, or under the Event Logos, or any copyrights or other intellectual property of WTC, shall enure solely to the benefit of WTC; (v) The Host Parties shall not transfer or assign the License or sub-license any of the Event Logos; and (vi) The License expires immediately upon expiration or earlier termination of this Agreement, provided, however, that following the Term the Host Parties shall be entitled to continue to use the Event Logos for historical purposes (e.g., to make reference to the Event and their sponsorship of the Event and to showcase that they are capable of hosting large scale events). (vii) Host Parties acknowledge that WTC is the owner of the Event Logos and Host Parties shall not register, or apply to register, the Event Logos, any service xxxx, trademark, or domain name that is similar in any manner to, or that incorporates, the Event Logos, any of WTC’s other trademarks or other intellectual property, or any xxxx with the word “IRON,” or any equivalent term or phrase in any language. All goodwill and rights accruing or arising under the Event Logos, or in any copyrights or other intellectual property of WTC used in connection with this Agreement or any Event, enures solely to the benefit of WTC.
Sample 1
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