Ontario · CCAA
The purpose of this Forty-Sixth report of the Monitor (the "Forty-Sixth Report") is to provide information regarding the Applicants' motion seeking approval of an Amendment to the Intellectual Property License Agreement and Transition Services Agreement amongst NNL, NNI and Hitachi, Ltd. ("Hitachi"), on its own behalf and on behalf of Hitachi Communication Technologies America, Jnc. dated as of May 3, 2010 (the "Amendment"), and to provide the Monitor's support thereof. The Amendment relates to an Intellectual Property License Agreement ("IPLA") between NNL and Hitachi dated December 8, 2009, and a Transition Services Agreement amongst NNL, NNI and Hitachi dated December 7, 2009, both of which were entered into in connection with the sale of Nortel's Next Generation Packet Core Network assets (the "NG-PC Business") to Hitachi pursuant to a Transaction Agreement amongst NNL, NNI and Hitachi dated October 25, 2009, as amended by an Amendment # 1 to the Transaction Agreement dated November 27, 2009, to, amongst other things, add NNTC (with NNL and NNI, the "Sellers;") as a seller thereunder
Court officer report · 14 May 2010
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What we verified from this filing3 verified
- closing confirmedscope: the NG-PC Business · outcome: completed · purchaser: Hitachi · date basis: unstated · approval order date: 2009-10-28
- purchaserHitachi, Ltd.
- sale outcometext: The Transaction closed and the Amendment relating to a sublicensing right was entered into and supported by the Monitor · scope: parcel · status: closed