Common use of New IPR Clause in Contracts

New IPR. The ownership of any Intellectual Property Rights that are developed or created by the parties under or in relation to the Project Documents will vest in Powerlink unless the parties agree otherwise in writing.

New IPR. The ownership of any Intellectual Property Rights that are developed or created jointly by the parties under or in relation to for the sole purpose of the Project Documents will vest in Powerlink unless the parties agree otherwise in writing.