Hyperion does *not* have a license for the use of the mark "Amiga". Their license explicitly grants them the right to use the four marks "AmigaOS", "Amiga OS", "AmigaONE", "Amiga ONE". See the difference? The four latter marks are for exclusive use by Hyperion. Nothing more, nothing less. As long as Amiga Inc (or anyone else) stays clear from those, everything is perfectly fine. (And this goes the other way around as well, as Hyperion had better stay away from "Amiga").
I never stated that Hyperion had a license for the use of the mark "Amiga". Check my post. The mark I mentioned for Hyperion was "AmigaOS", so yes, I know the difference. As for everything being fine if A Inc avoid the exclusive Hyperion TM's, well that's not exactly true. Issues can arise from similar marks eg. if I marked a car "Fyord" in Fords graphical style, I could get sued. I'm not saying this would happen, I was just pointing out that it could.
I can't see no mention in the contract (but maybe I missed it? If so, please point me to the right spot!) of:
1) Hyperion would even have been granted a right to use any specific and particular graphical representation of any trademark (except for "the Boing Ball", which is explicitly not exclusive)
ALL Trademarks are specific graphical representations first and foremost. Different graphical representations are more subjective in law and fall under the fair usage scenario, hence why courts are needed to settle such issues.
2) That this granted right (if it's even there, which I think not) should in any way be exclusive to Hyperion
We know what is granted to Hyperion as exclusive, you've stated Hyperions exclusive rights yourself.
In fact, it's even specifically pointed out, for the sake of clarity (just to avoid situations like the one you try to paint to us), in the Hyperion/Amiga Inc agreement, that the Amiga Parties (Amiga Inc, ltec, Amino collectively, as defined per the topmost paragraph of the deal) are indeed the ones with the right to the "Amiga Mark" (as defined in Definitions C: "any mark owned and/or registered or licensed by or to the Amiga Parties containing the word "Amiga" whether in stylized form (figurative mark) or otherwise"), and that the Amiga Parties have the right to continue to use "the mark 'AMIGA' alone or in conjunction with other words, so long as 'OS' or 'One' does not directly follow the word 'AMIGA'." (as defined in Grant 1c).
There is no ground for confusion, everything is perfectly clear; Amiga Inc has the rights to the Amiga trade mark, including any "stylized form" it may be pictured in. Hyperion has the rights to use the "AmigaOS", "Amiga OS", "AmigaONE", "Amiga ONE" marks, in no particular stylized form (as far as I can see), and as long as Amiga Inc, Commodore and anyone else stays clear of those four marks, Hyperion does not have any grounds whatsoever for "legal actions".
If I paint it's with a brush, I'm passing opinion only on this forum not "painting", I have a studio for that.
Hyperions rights over certain words do not get constrained by graphical style as they are not singular words from an existing language. As for AIncs rights, that's not as clear cut as the wording implies as the word "Amiga" is a standard spanish word. This means that the TM holder (AInc) must fall back on graphical representation to protect ownership of the mark or on fair usage. It is on the very issue of fair usage that Hyperion could (I do not imply they would or that they would be successful if they did) argue that although AInc. hold the Amiga TM it is unfair usage to use it on a computer (like me using Fyord you see). I make this point only to inform, I personally see no need for Hyperion to react as CommodoreUS and AInc are quite frankly seen as a joke by many in this community.
Well, Natami I can understand, but Sam? Does it even have a Amiga sticker? 
Maybe I'll cut one with my vinyl cutter and stick it on

Maybe I'll make a couple of spares and give them away to so people can stick them on PCs they already own. Maybe I'll send you a couple. XD