Common use of Authority and Binding Agreement Clause in Contracts

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 26 contracts

Samples: Confidential Treatment (Tg Therapeutics, Inc.), License Agreement (Tarsus Pharmaceuticals, Inc.), License Agreement (Genelux Corp)

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Authority and Binding Agreement. As of the Effective Date, (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iiic) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 9 contracts

Samples: Exclusive License Agreement (Bellicum Pharmaceuticals, Inc), Marketing, Distribution and Development Agreement (Gilead Sciences Inc), Assignment Agreement (Celera CORP)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 8 contracts

Samples: License Agreement (Cubist Pharmaceuticals Inc), Assignment Agreement (Virobay Inc), Assignment Agreement (Virobay Inc)

Authority and Binding Agreement. As of the Effective Date, (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iiic) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 7 contracts

Samples: And License Agreement (Achillion Pharmaceuticals Inc), Access, Option and License Agreement, Collaborative Research and License Agreement (Immunogen Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate or company power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate or company action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 5 contracts

Samples: Technology Transfer/Manufacturing Agreement (Denali SPAC Holdco, Inc.), Technology Transfer Agreement (Orgenesis Inc.), Technology Transfer Agreement

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 4 contracts

Samples: Distribution and Commercialization Agreement (Anacor Pharmaceuticals, Inc.), License Agreement (Celladon Corp), License Agreement (Celladon Corp)

Authority and Binding Agreement. As of the Effective Date, each Party represents and warrants to the other that it (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; , (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; , and (iiic) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 4 contracts

Samples: Licensing Agreement (Gilead Sciences Inc), Licensing Agreement (Eyetech Pharmaceuticals Inc), Licensing Agreement (Osi Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 4 contracts

Samples: Exclusive License Agreement (Arqule Inc), Collaboration and License Agreement (Acer Therapeutics Inc.), Pledge and Security Agreement (Endo Pharmaceuticals Holdings Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered by or on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Exclusive License Agreement (Anterios Inc), Exclusive License Agreement (Anterios Inc), Exclusive License Agreement (Anterios Inc)

Authority and Binding Agreement. As of the Effective Date, (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iiic) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Exclusive License and Collaboration Agreement (Aquinox Pharmaceuticals, Inc), Exclusive License and Collaboration Agreement (Forty Seven, Inc.), Collaboration and License Agreement (Kite Pharma, Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: License Agreement (Karuna Therapeutics, Inc.), Patent Assignment and License Agreement (Trovagene, Inc.), Patent Assignment and License Agreement (Trovagene, Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.. (c)

Appears in 2 contracts

Samples: License Agreement (Tarsus Pharmaceuticals, Inc.), License Agreement (Tarsus Pharmaceuticals, Inc.)

Authority and Binding Agreement. As of the Effective Date, (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; , (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iiic) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Achillion Pharmaceuticals Inc), Research Collaboration and License Agreement (Achillion Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Patent Assignment Agreement (Concert Pharmaceuticals, Inc.), Patent Assignment Agreement (Auspex Pharmaceuticals, Inc.)

Authority and Binding Agreement. As of the Effective Amendment Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Partyparty, and constitutes a legal, valid, and binding obligation of such Party party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Development Agreement (Apollomics Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.to

Appears in 1 contract

Samples: Assignment Agreement (Virobay Inc)

Authority and Binding Agreement. As of the Effective Date, : (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Manufacturer Cooperation Agreement

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Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms. 25.

Appears in 1 contract

Samples: Trial Agreement (Tracon Pharmaceuticals, Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate organizational power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate organizational action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Development and License Agreement (Cell Therapeutics Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Supply Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Supply Agreement and the performance of its obligations hereunder; and (iii) the this Supply Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Manufacturing and Supply Agreement (Cubist Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Signing Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Exclusive License Agreement (Acer Therapeutics Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Collaboration Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Collaboration Agreement and the performance of its obligations hereunder; and (iii) the this Collaboration Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Development and Collaboration Agreement (Kythera Biopharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, Party and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Collaboration and Exclusive License Agreement (Amag Pharmaceuticals Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Exclusive License and Supply Agreement (Versartis, Inc.)

Authority and Binding Agreement. As of the Effective Execution Date, (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iiic) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Gilead Sciences Inc)

Authority and Binding Agreement. As of the Effective Execution Date, (i) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License and Collaboration Agreement

Authority and Binding Agreement. As of the Effective Date, each Party represents, warrants, and covenants to the other that it (ia) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; , (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; , and (iiic) the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (NovaBay Pharmaceuticals, Inc.)

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