Common use of Shared Properties Clause in Contracts

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.

Appears in 4 contracts

Samples: Real Estate Matters Agreement (Roxio Inc), Real Estate Matters Agreement (Roxio Inc), Real Estate Matters Agreement (Roxio Inc)

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