Project Co Clause Samples

Project Co. 49.2.1 hereby grants to the Trust, free of charge, an irrevocable, non-exclusive and transferable (but only to any assignee or transferee of any rights or benefits under this Agreement or upon or at any time following termination of this Agreement) licence (carrying the right to grant sub-licences) to use the Intellectual Property Rights which are or become vested in Project Co; and 49.2.2 shall, where any Intellectual Property Rights are or become vested in a third party, use all reasonable endeavours to procure the grant of a like licence to that referred to in paragraph (a) above to the Trust, in both cases, solely for the Approved Purposes.

Project Co financing – a financial or in-kind contribution; the sum of project co-financing and project grant equal to total eligible expenditures of the Project.

Project Co financers 1) The AB shall conclude with co-financers any agreements necessary for ensuring the co-funding according the Grant Agreement, record the co-funding received from third parties, and report on the agreement(s) concluded and the amounts received to the CB in the subsequent quarterly report. Also, AB shall include the received co-funding in the financial statement to be submitted to the Agency.

Project Co. Subject to this Schedule 8 [Intellectual Property], as between the Parties, Project Co will be and remain the sole Owner of the Project Co Intellectual Property, provided that nothing in this Schedule 8 [Intellectual Property] will transfer to Project Co any Ownership of, or grant to Project Co any right in respect of, City Intellectual Property used in the creation or development of or that is embodied, incorporated, embedded, otherwise included or illustrated in any Project Co Intellectual Property, except for the Licenses granted under Section 4.1 [License by City to Project Co] of this Schedule 8 [Intellectual Property].

Project Co. Project Co means 461835 Ontario Limited.

Project Co. (i) shall not, and shall ensure that each Project Co Related Party shall not, make any application to obtain any Further Planning Permissions without the prior written consent of TfL (such consent not to be unreasonably withheld or delayed); and (ii) shall not apply for any Further Planning Permission that may prejudice TfL's rights and obligations under this Agreement.

Project Co shall promptly upon a failure by the Senior Funders to advance amounts due under the Senior Funding Agreements (or in circumstances that might reasonably be expected to lead to such a failure) notify the Authority of such failure (or expected failure).

Project Co. ▇▇▇▇▇▇ Cumbria Limited Dunedin House Auckland Park Mount Farm ▇▇▇▇▇▇ Keynes Buckinghamshire MK1 1BU Attention ▇▇▇▇▇ ▇▇▇▇▇▇ Fax ▇▇▇▇▇ ▇▇▇▇▇▇

Project Co. Nothing in this Agreement will preclude Project Co or Project Co Persons from marketing, developing or using for itself or others, any services or products that are the same as or similar to those provided to BC Hydro by Project Co pursuant to this Agreement. Furthermore, Project Co will continue to be free to use for any and all purposes Project Co’s general knowledge, skills and experience acquired or developed in connection with the completion of Project, including all Project Intellectual Property. This Section 4.15(j)(1) [Intellectual Property and IP Rights] does not diminish Project Co’s obligations regarding BC Hydro’s Confidential Information and BC Hydro IP under this Agreement or constitute a license to use any Intellectual Property or related IP Rights owned or licensed by BC Hydro or its Affiliates.