Common use of License to Assigned IP Clause in Contracts

License to Assigned IP. If at any time a Wholly-Owned Subsidiary of Hitachi ceases to remain a Wholly-Owned Subsidiary of Hitachi, Hitachi shall provide written notice of such change to Opto-Device in accordance with Section 20 of this IP License Agreement and the license under Assigned IP to such Wholly-Owned Subsidiary, shall continue, pursuant to the terms and conditions of this IP License Agreement.

Appears in 3 contracts

Samples: Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc)

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License to Assigned IP. If at any time a Wholly-Owned Subsidiary of Hitachi ceases to remain a Wholly-Owned Subsidiary of Hitachi, Hitachi shall provide written notice of such change to Opto-Device OpNext Japan in accordance with Section 20 of this IP License Agreement and the license under Assigned IP to such Wholly-Owned Subsidiary, shall continue, pursuant to the terms and conditions of this IP License Agreement.

Appears in 2 contracts

Samples: Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc)

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