Common use of New Brand Assets Clause in Contracts

New Brand Assets. If Licensee desires to create any new brand assets that are based on and/or incorporate elements of the UL Masterbrand or the Licensed Brand Assets for use in the Research Field of Use (“New Brand Assets”), Licensee shall (i) ensure that any such proposed New Brand Assets conform to the then-current Brand Guidelines (as reasonably determined by UL), and (ii) submit each New Brand Asset in advance in writing to UL for its approval, and UL will review such submission pursuant to the procedure described in this Section 2.6. Licensee may not use a New Brand Asset unless and until such asset is approved by UL in accordance with this Section 2.6.

New Brand Assets. If Licensee desires to create any new brand assets that are based on and/or incorporate elements of the UL Masterbrand or the Licensed Brand Assets for use in the Research Standards Field of Use (“New Brand Assets”), Licensee shall (i) ensure that any such proposed New Brand Assets conform to the then-current Brand Guidelines (as reasonably determined by UL), and (ii) submit each New Brand Asset in advance in writing to UL for its approval, and UL will review such submission pursuant to the procedure described in this Section 2.6. Licensee may not use a New Brand Asset unless and until such asset is approved by UL in accordance with this Section 2.6.