A. The State has entered into, or may in future enter into, the [#] PPP Project Deed (the Project Deed) with Project Co.
B. Part of Project Co's obligations under the Project Deed include the licensing under or pursuant to the Project Deed of the Intellectual Property described in Schedule 1 (all and every part of which is referred to as the Licensed Intellectual Property) to the State and any third party authorised or licensed by the State, with the right to sublicense (the IP Licence).
C. The Licensed IP Owner owns/has appropriate rights to [delete whichever alternative is not appropriate] all Intellectual Property in the Licensed Intellectual Property, and has authorised Project Co to grant the IP Licence to the State and any third party authorised or licensed by the State.
D. By this Deed, the Licensed IP Owner assures the State and any entity authorised or licensed by the State that the State and any entity authorised or licensed by the State may continue exercising its rights under the IP Licence, notwithstanding any change affecting the Licensed IP Owner's direct or indirect relationship with Project Co.