Shared Properties. Adaptec shall grant or cause its applicable Subsidiary to grant to Roxio or its applicable Subsidiary a license to occupy those parts of the Shared Properties identified in Section B of Schedule 1 of this Agreement currently occupied by Roxio or its applicable Subsidiary and Roxio shall accept or cause its applicable Subsidiary to accept the same, subject to the other provisions of this Agreement and (to the extent not inconsistent with the provisions of this Agreement) the terms of the Separation Agreement and the other Ancillary Agreements. Such license shall be completed on the Separation Date.
Shared Properties. 1 Section 1.3 Building 5.....................................................2 Section 1.4 Obtaining the Lease Consents...................................2 Section 1.5 Occupation by Roxio............................................3 Section 1.6
Shared Properties. 1 Section 1.3 Change in Allocation or Term...........................................2 Section 1.4 Obtaining the Lease Consents...........................................2 Section 1.5 Occupation by Luminent.................................................3
Shared Properties. Shared Properties" means those Properties listed in (a) Section A of Schedule 1 as a Property involving a license back to LSI Logic or (b) Section B of Schedule 1 of this Agreement. [SIGNATURES ON FOLLOWING PAGE]
Shared Properties. LSI Logic shall grant or cause its applicable Subsidiary to grant to SSI or its applicable Subsidiary a license to occupy those parts of the Shared Properties identified in Section B of Schedule 1 of this Agreement currently occupied by LSI Logic or its applicable Subsidiary and SSI shall accept or cause its Subsidiary to accept the same, subject to the other provisions of this Agreement and (to the extent not inconsistent with the provisions of this Agreement) the terms of the Separation Agreement and the other Ancillary Agreements. Such license shall be completed on the Separation Date.
Shared Properties. 4.1 From Completion, the Sellers shall procure that the relevant RemainCo Companies grant to the relevant Group Companies such licences, rights, consents and/or permissions relating to each Shared Property (if any) held by the RemainCo Companies as the Buyer may properly and reasonably require for the continued operation of the InfraCo Business from such Shared Property (as generally carried out in the twelve (12) months prior to Completion (or if the InfraCo Business has been in occupation for less than twelve (12) months, as generally carried out in the time the InfraCo Business has been operating from such Transferring InfraCo Business Property)), subject to and in accordance with the GTT TSA, at no cost to the Buyer or the Group Companies (save that the relevant Group Companies shall be liable for a fair and reasonable proportion of the rents, rates, utilities and other costs associated with the A44416060 231 operation of each such Shared Property properly attributable to the Buyer and/or the Group Companies in relation to the use of such Shared Property) as further described in the GTT TSA. Such licences, rights, consents and/or permissions shall subsist until such time as the Sellers and Buyer has fully implemented the plans for the long term separation of the Shared Properties in accordance with paragraph 4.3 below.
Shared Properties. 2 ----------- ----------------- Section 1.3 Obtaining the Lease Consents ................................................................. 2 ----------- ---------------------------- Section 1.4 Occupation by NPT ............................................................................ 3 ----------- ----------------- Section 1.5 Obligation to Complete ....................................................................... 4 ----------- ---------------------- Section 1.6 Form of Transfer ............................................................................. 4 ----------- ---------------- Section
Shared Properties. During the period commencing on the date of this Agreement and ending, in respect of each Shared Property in which the Seller’s Group has a leasehold interest, on the Separation Effective Time, each of Seller and Company shall, and shall cause the applicable member(s) of their respective Groups to, use reasonable best endeavours to (i) appropriately amend, bifurcate, replicate or otherwise modify the Lease for the Shared Property, in a form reasonably acceptable to each party, or (ii) terminate the Lease and each subsequently enter into a separate Lease with the landlord (in the case of each of sub-clause (i) and (ii), a “Split Lease”). Notwithstanding anything in this Agreement, this Agreement shall not constitute an agreement for either party to enter into a Split Lease if such Split Lease or Facility Licence would be prohibited by applicable laws or regulation; or would (x) constitute a breach or other contravention of any Lease, or (y) be ineffective, void or voidable, in the case of each of sub-clause (x)-(y), unless and until the necessary approval (including deemed approval if applicable), authorisation or consent of landlord(s) under the Lease to permit the Split Lease or Facility Licence, as applicable, has been obtained (a “Split Lease Approval”).
Shared Properties. 3Com shall grant or cause its applicable Subsidiary to grant to Palm or its applicable Subsidiary a license to occupy those parts of the Shared Properties identified in Section B of Schedule 1 of this Agreement and Palm shall accept or cause its applicable Subsidiary to accept the same, subject to the other provisions of this Agreement and (to the extent not inconsistent with the provisions of this Agreement) the terms of the Separation Agreement and the other Ancillary Agreements. Such license shall be completed on the Separation Date.
Shared Properties. MRV shall grant or cause its applicable Subsidiary to grant to Luminent or its applicable Subsidiary a license to occupy those parts of the Shared Properties identified in Section B of Schedule 1 of this Agreement and Luminent shall accept or cause its
