Review of Obligations. The obligations set forth in this Section 2 shall expire on the tenth (10th) anniversary of the Closing Date; provided, however, that the license under Assigned IP existing as of the tenth (10th) anniversary of the Closing Date shall continue, under reasonable terms and conditions to be agreed between the parties, until the expiration of all of such Assigned IP.
Appears in 3 contracts
Samples: Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc)
Review of Obligations. The obligations set forth in this Section 2 shall expire on the tenth (10th) anniversary of the Second Closing Date; provided, however, that the license under Assigned IP existing as of the tenth (10th) anniversary of the Second Closing Date shall continue, under reasonable terms and conditions to be agreed between the parties, until the expiration of all of such Assigned IP.
Appears in 2 contracts
Samples: Intellectual Property License Agreement (Opnext Inc), Intellectual Property License Agreement (Opnext Inc)
