Common use of Project Co Clause in Contracts

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. Subject to this Schedule 8 [Intellectual Property]8, 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].