Common use of Shared Properties Clause in Contracts

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 currently occupied by Palm or its applicable Subsidiary 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.

Appears in 1 contract

Sources: Real Estate Matters Agreement (Palm Inc)

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 currently occupied by Palm or its applicable Subsidiary 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.

Appears in 1 contract

Sources: Real Estate Matters Agreement (Palm Inc)