Common use of Rights in Property Clause in Contracts

Rights in Property. Participant will have title to property acquired or developed by the Participant and its contractors/partners with Government funding, in whole or in part to conduct the work specified under this Agreement. In the event of termination of this Agreement for any reason, NASA may purchase such property as provided in Article 27. Upon any termination under this Article, NASA may immediately exercise all rights identified in Articles 9 and 10.

Appears in 6 contracts

Samples: Funded Space Act Agreement, Funded Space Act Agreement, Funded Space Act Agreement

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