Common use of Array Clause in Contracts

Array. Array represents and warrants that: (i) it has the legal power, authority and right to enter into this Agreement, and to perform all its obligations hereunder; (ii) it has the legal right and power to extend the rights granted in this Agreement; (iii) it has not previously granted, and during the term of this Agreement will not knowingly make any commitment or grant any rights which are inconsistent in any material manner with the rights and licenses granted to DuPont herein; (iv) to the best of its knowledge, as of the Effective Date, there are no existing or threatened actions, suits or claims pending against it with respect to the Licensed Technology; and (v) as of the Effective Date, the Licensed Technology does not include intellectual property licensed from third parties that would require DuPont to pay to such third parties a royalty or other amounts to make, have made, use or import Active Compounds.

Appears in 2 contracts

Samples: Array Library Screening Agreement (Array Biopharma Inc), Array Library Screening Agreement (Array Biopharma Inc)

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