Common use of ▇▇▇▇▇ Approval Clause in Contracts

▇▇▇▇▇ Approval. Clip will not, nor will Clip authorize any third party to, make use of XXXXX Marks unless and until each instance of such use has been approved in writing by XXXXX (which may be provided by XXXXX by email). Clip shall furnish to XXXXX for its written approval all materials prepared by or on behalf of Clip relating to this Agreement that include any XXXXX Marks. XXXXX shall have a period of not less than ten (10) business days to respond to such request for approval (“Approval Period”). If XXXXX fails to approve in writing any request during the Approval Period, such request shall be deemed denied. All approvals granted in accordance herewith shall (a) be valid solely during the term specified by XXXXX, (b) be limited to the specific purpose for which approval was sought and received and (c) subject to Clip’s obligations hereunder, be deemed a limited, non-exclusive, non-transferable, revocable right and license, without right to sublicense, to use the specific XXXXX Marks for the use approved by XXXXX, which right and license shall terminate and revert to XXXXX contemporaneously with the expiration of this Agreement or upon any earlier termination thereof, as applicable. All such uses shall be in accordance with the procedures and guidelines provided to Clip by XXXXX from time to time.