Common use of Shared Properties Clause in Contracts

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.