Common use of Corporate Power, Authority and Binding Agreement Clause in Contracts

Corporate Power, 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 this Agreement and the performance of its obligations hereunder; and (iii) 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 45 contracts

Samples: Exclusive License Agreement (Alaunos Therapeutics, Inc.), Research License Agreement (Liquidia Corp), Option and License Agreement (Yumanity Therapeutics, Inc.)

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Corporate Power, 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 this Agreement and the performance of its obligations hereunder; and (iiic) 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 9 contracts

Samples: Supply Agreement (Myovant Sciences Ltd.), Supply Agreement (Myovant Sciences Ltd.), Commercial Supply Agreement (Phathom Pharmaceuticals, Inc.)

Corporate Power, Authority and Binding Agreement. As of the Effective DateDate or the date of any required approval by its shareholders, (i) it has the corporate power and authority and the legal right to enter into this Agreement and to perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) 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 7 contracts

Samples: License Agreement (Catalyst Biosciences, Inc.), License Agreement (Catalyst Biosciences, Inc.), License and Collaboration Agreement (Menlo Therapeutics, Inc.)

Corporate Power, 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 this Agreement and the performance of its *** Confidential Treatment Requested *** obligations hereunder; and (iii) 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: Collaboration and License Agreement (Ultragenyx Pharmaceutical Inc.), Collaboration and License Agreement (Dimension Therapeutics, Inc.), Collaboration and License Agreement (Dimension Therapeutics, Inc.)

Corporate Power, 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 this Agreement and the performance of its obligations hereunder; and (iii) 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.. (c)

Appears in 3 contracts

Samples: Exclusive License Agreement (Precigen, Inc.), Exclusive License Agreement (Precigen, Inc.), www.sec.gov

Corporate Power, 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 this Agreement and the performance of its obligations hereunder; and (iii) [***] Certain information in this Agreement document has been duly executed omitted and delivered on behalf of such Party, filed separately with the Securities and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance Exchange Commission. Confidential treatment has been requested with its termsrespect to the omitted portions.

Appears in 2 contracts

Samples: License and Option Agreement (Pfenex Inc.), License and Option Agreement (Pfenex Inc.)

Corporate Power, Authority and Binding Agreement. As of the Effective DateDate or the date of any required approval by its shareholders, (i) it has the corporate power and authority and the legal right to enter into this Agreement and to perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) 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.; and

Appears in 2 contracts

Samples: License and Collaboration Agreement (Savara Inc), License and Collaboration Agreement (Aradigm Corp)

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Corporate Power, 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 this Agreement and the performance of its obligations hereunder; and (iii) 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, Development and Commercialization Agreement (Impax Laboratories Inc)

Corporate Power, 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 this Agreement and the performance of its obligations hereunder; and (iii) 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, subject to the Enforceability Exceptions.

Appears in 1 contract

Samples: Exclusive License Agreement (HCW Biologics Inc.)

Corporate Power, Authority and Binding Agreement. As of the Original 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 this Agreement and the performance of its obligations hereunder; and (iii) 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: Collaboration and License Agreement (Ultragenyx Pharmaceutical Inc.)

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