License to use the Ratepay trademarks
Ratepay hereby grants the Merchant a non-exclusive and non-transferable right, for the duration of the permitted use of the Ratepay Payment Methods, to use the Contract Marks in its online shop for the purpose of the use of the Ratepay Payment Methods. The Merchant is not entitled to grant sub-licenses.
Ratepay shall notify the Merchant in writing (e-mail suffices) of any changes to the prescribed form or additions, which shall be carried out by the Merchant without undue delay, but at the latest within the time limit set by Ratepay. After expiry of the period set by Ratepay, the Merchant may use the Contract Marks only with the written consent of Ratepay in a non-updated form or with non-updated additions.
Ratepay does not warrant that the use of the Contract Marks will not infringe the rights of any third party. However, Ratepay declares that it is not aware of any such rights. No liability is assumed for freedom from defects, in particular dependency on the property rights of third parties.
The right of the Merchant to use the Contract Marks shall continue until Ratepay declares revocation and shall end without requiring a separate notification by Ratepay with the final cancellation of the Contract Marks. A reason for the revocation by Ratepay is not required.
If Merchant becomes aware that a third party is using and/or applying for a trademark which may be liable to be confused with or otherwise infringe the Contract Marks, it shall immediately inform Ratepay thereof.
The Merchant undertakes not to attack the Contract Marks itself or to assist third parties in attacking the Contract Marks. This shall also apply after termination of the Merchant Agreement.
This license shall be governed by the law of the Federal Republic of Germany. The provisions of international private law and the UN Sales Convention shall not be applicable.