Common use of Authority and Binding Agreement Clause in Contracts

Authority and Binding Agreement. As of the Effective Date, (a) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (b) 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 (c) 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. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Appears in 2 contracts

Samples: License Agreement, License Agreement (Portola Pharmaceuticals Inc)

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Authority and Binding Agreement. As of the Effective Date, (ai) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (bii) 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 (ciii) 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. [[ *** ] = Certain confidential information contained in this document, marked by brackets, has been omitted because it is both (i) not material and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended(ii) would be competitively harmful if publicly disclosed.

Appears in 2 contracts

Samples: Collaboration Agreement (Takeda Pharmaceutical Co LTD), Collaboration Agreement (Seattle Genetics Inc /Wa)

Authority and Binding Agreement. As of the Effective Date, (ai) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (bii) 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 (ciii) the 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. ; and [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Appears in 2 contracts

Samples: License Agreement (Portola Pharmaceuticals Inc), License Agreement (Portola Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Execution Date, (ai) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (bii) 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 (ciii) 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. [*[ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 24b-2 of the Securities Exchange Act of 19331934, as amended.

Appears in 1 contract

Samples: License and Collaboration Agreement (Rigel Pharmaceuticals Inc)

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Authority and Binding Agreement. As of the Effective Date, (a) it has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (b) it has taken all necessary corporate authorized action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (c) 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. Portions of this Exhibit, indicated by the xxxx “[*] = Certain confidential information contained in this document*****]”, marked by brackets, has been were omitted and have been filed separately with the Securities and Exchange Commission pursuant to Rule 406 the Registrant’s application requesting confidential treatment pursuant to rule 24b-2 of the Securities and Exchange Act of 19331934, as amended.

Appears in 1 contract

Samples: License Agreement (Oxigene Inc)

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