Common use of AME Clause in Contracts

AME. AME hereby represents and warrants to MorphoSys as of the Effective Date that (i) it has the full right and authority to enter into this Agreement and grant the rights and licenses granted herein; and (ii) it will not grant during the term of the Agreement, any right, license or interest in or to the AME Patent Rights that are in conflict with the licenses granted to MorphoSys. AME further represents and warrants to MorphoSys that, as of the Effective Date, the ▇▇▇▇▇▇▇▇ Agreement is in full force and effect and that MorphoSys and its sublicensees permitted under the Agreement are entitled to enjoy the rights and benefits of sublicensees under the ▇▇▇▇▇▇▇▇ Agreement only with respect to the licenses granted by AME to MorphoSys hereunder.