Ownership of Projects Clause Samples
The "Ownership of Projects" clause establishes who holds the rights to any work, deliverables, or intellectual property created during the course of a project. Typically, this clause specifies whether the client or the service provider retains ownership of the completed work, and may address the transfer of rights upon payment or project completion. For example, it might state that all designs, code, or written materials produced become the exclusive property of the client once the project is finished and paid for. The core function of this clause is to prevent disputes over intellectual property by clearly defining ownership, ensuring both parties understand their rights to use, modify, or distribute the project outcomes.
Ownership of Projects. Except as set forth on Schedule 5.13 hereto, on the date of this Agreement, the Borrower will have good and marketable title, free of all Liens other than those permitted by Section 6.16, to all of the Projects reflected in the financial statements as owned by it.
Ownership of Projects. Except as set forth on Schedule 6.13 hereto, on the date of this Agreement, the Borrower or its Subsidiaries will, respectively, have good and marketable title, free of all Liens other than Permitted Liens, respectively, to all of the Projects reflected in the financial statements as owned by it.
Ownership of Projects. Subject to Section 2.4, Fulcrum shall always be the owner of the Projects.
Ownership of Projects. Except as set forth on Schedule 1 hereto, on the date of this Agreement, GPLP will have good and marketable title, free of all Liens other than those permitted by Section 6.16, to all of the Projects reflected in the financial statements as owned by it.
Ownership of Projects. Any Project Company shall cease to be the sole owner of the Projects owned by it as of the Closing Date except (i) in connection with the exercise of purchase rights of the applicable Host Customers as provided in the Leases or (ii) as a result of a destruction, condemnation or taking thereof.
Ownership of Projects. Minority Holdings and Property ------------------------------------------------------ . The ownership of substantially all wholly owned Projects, Minority Holdings and other Property of the Consolidated Businesses shall be held by the Borrower and its Subsidiaries and shall not be held directly by the Company.
Ownership of Projects. Borrower shall cease to be the sole owner of the Projects, except for any System Facilities sold to (i) Sponsor in accordance with the MESPA or the MOMA, as applicable, (ii) Pacific ▇▇▇▇ Telephone Company in accordance with the AT&T Power Purchase Agreement, (iii) Pacific ▇▇▇▇ Telephone Company or AT&T Corp. under any Supplemental AT&T Power Purchase Agreement or (iv) Wal-Mart Stores, Inc. in accordance with the Wal-Mart Power Purchase Agreement.
Ownership of Projects. All documents, capital improvements, and project assets produced pursuant to this Agreement shall be the property of the CITY, which shall assume full administrative responsibility for the life of the project or the State grant agreement required period, whichever comes first.
Ownership of Projects. 25 5.14 Investment Company Act.............................................25 5.15 Public Utility Holding Company Act.................................25 5.16
Ownership of Projects. Each Company (directly or indirectly) owns the Project set forth opposite its name on Schedule 4.05 free and clear of any Liens (other than Permitted Liens).