Common use of Effect of Acquisition Clause in Contracts

Effect of Acquisition. In the event of an acquisition of Yahoo! by a third party (“Acquirer”), [*]; and (b) the licenses granted by Yahoo! to Microsoft under this License Agreement shall not apply or extend to the Patents or other intellectual property of the Acquirer or its subsidiaries (and shall apply only to the Patents or other intellectual property that constituted the Yahoo! Patents (including continuations thereof) or Yahoo! Technology at any time prior to such acquisition).

Appears in 2 contracts

Sources: License Agreement, License Agreement (Yahoo Inc)