Shared Properties definition
Examples of Shared Properties in a sentence
The licenses as to the Shared Properties shall include the rental of the furniture at such Properties.
Such Additional Properties shall be treated hereunder as Leased Properties or Shared Properties by mutual agreement of the parties based on whether the Additional Property was acquired by or for the Roxio Business or Adaptec's other businesses.
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.
The lease of the Headquarters Facility and the licenses as to the Shared Properties shall include the services and the use of the furniture and equipment at such Properties as set forth in the Master Corporate Services Agreement.
In addition, effective at the closing of the sale of the Automotive Filter Business to Buyer, the Automotive Filter Companies shall be granted certain rights to use of the Shared Properties by Seller and its affiliates.