Common use of Title to Work Product Clause in Contracts

Title to Work Product. 16.3.1 Except as set forth in this Section 16.3, and provided Owner has made payment to Contractor of undisputed amounts due under this Contract, title to all Work Product developed by Contractor will pass to Owner on the earlier of the date: (a) Contractor has prepared or received such Work Product; (b) payment has been made by Owner for such Work Product; or (c) this Contract is terminated by Owner for Contractor Event of Default. Contractor shall promptly deliver possession of the Work Product to Owner; provided, however, that Contractor shall be permitted to retain one copy of such Work Product for archival purposes.

Title to Work Product. 16.3.1 Except as set forth in this Section 16.3, and provided Owner has made payment to Contractor of undisputed amounts due under this Contract, title to all Work Product developed by Contractor will pass to Owner on the earlier of the date: (a) Contractor has prepared or received such Work Product; (b) payment has been made by Owner for such Work Product; or (c) this Contract is terminated by Owner for Contractor Event of Default. Contractor shall promptly deliver possession of the Work Product to Owner; provided, however, that Contractor shall be permitted to retain one copy of such Work Product for archival purposes.