I have bought a bundle of fonts which I want to use in a logo design for a client. The terms and conditions state the following:

"with this you can:
Use these resources within personal and commercial projects, as well as items for sale. The resources must be used with in a wider design though, and not comprise the entire design. This can include, but is not limited to posters, t-shirt designs, digital goods, merchandise etc…
You cant:
Resell this files directly, or within itens/goods where they can be extracted in their original form. Share this resources with others. This is a single user license."

So, can I use the fonts for logo design? if so, what happens to the license of the font? Do I have to buy another license to be transferred to my client? Or is it ok to use without getting another license because I am basically using the font for one or two words and not actual paragraphs of text.

Thank you for the help!