Former Subsidiaries. If a Person ceases to qualify as a Subsidiary of a Party (“Former Subsidiary”), then: (i) The licenses and covenants granted to the Former Subsidiary shall terminate on the date the Former Subsidiary ceases to be a Subsidiary under this Agreement; and (ii) The licenses and covenants granted hereunder to the other Party and its Subsidiaries with respect to patents of the Former Subsidiary shall continue until the expiration of each such patent, including patents based on applications filed prior to the date it ceased to be a Subsidiary under this Agreement and related patents; provided, however, that such licenses and covenants shall not extend to patents of the Former Subsidiary where the Former Subsidiary first acquires rights to such patents after the date it ceases to be a Subsidiary under this Agreement. [***] Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed pursuant to Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as amended, and the omitteed portions represented by [***] have been separately filed with the Securities and Exchange Commission.
Appears in 1 contract
Sources: Patent License Agreement (Avistar Communications Corp)
Former Subsidiaries. If Except as otherwise expressly set forth in Section 4.4 below, if a Person (including CPI if it ceases to qualify as a Subsidiary of Avistar Communications) ceases to qualify as a Subsidiary of a Party party (“Former Subsidiary”), then:
(i) The the licenses and covenants granted to the Former Subsidiary shall terminate on the date the Former Subsidiary ceases to be a Subsidiary under this Agreement; and
(ii) The licenses and covenants granted hereunder to the other Party party and its Subsidiaries with respect to patents Patents of the Former Subsidiary shall continue until the expiration of each such patentPatents, including patents Patents based on applications filed prior to the date it ceased to be a Subsidiary under this Agreement and related patentsRelated Patents; provided, however, that such licenses and covenants shall not extend to patents Patents of the Former Subsidiary where the Former Subsidiary first acquires rights to such patents Patents after the date it ceases to be a Subsidiary under this Agreement. [***] Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed pursuant to Rule 24-b-2 24b-2 promulgated under the Securities Exchange Act of 1934, as amended, and the omitteed omitted portions represented by [***] have been separately filed with the Securities and Exchange Commission.
Appears in 1 contract
Sources: Patent Cross License Agreement (Avistar Communications Corp)