87.3 Assignment to the Authority
The Contractor hereby assigns to the Authority with full title guarantee (free from all liens, charges, encumbrances and third party rights), as a present assignment of present and future rights, all right title and interest in and to:
87.3.1 the Project Data, all copies thereof and all Intellectual Property Rights in any Project Data in each case generated by or for the Contractor and/or any Contractor Related Party pursuant to this Contract;
87.3.2 any Intellectual Property Rights and goodwill generated by the Contractor and/or any Contractor Related Party through the use of the Trade Marks,
with the intent that they shall vest in the Authority forthwith upon the same coming into existence.174
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174 Consider appropriateness of Clauses 87.2