Common use of Duly Organized Clause in Contracts

Duly Organized. Such Party is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

Appears in 15 contracts

Samples: Research Collaboration Agreement (ReWalk Robotics Ltd.), Collaboration and License Agreement (Optimer Pharmaceuticals Inc), License and Collaboration Agreement (Mannkind Corp)

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Duly Organized. Such Party is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction state in which it is incorporated, and has full corporate power and authority and the conduct of legal right to own and operate its property and assets and to carry on its business or the ownership of its properties requires such qualification as it is now being conducted and failure as is contemplated to have such would prevent such Party from performing its obligations under be conducted by this Agreement.

Appears in 13 contracts

Samples: License and Development Agreement (Hana Biosciences Inc), License and Development Agreement (Novadel Pharma Inc), License and Development Agreement (Velcera, Inc.)

Duly Organized. Such Party is a corporation duly organized, validly existing and is in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

Appears in 9 contracts

Samples: Development and Commercialization Agreement (Zars Inc/Ut), Distribution and License Agreement (Taxus Cardium Pharmaceuticals Group Inc.), Certain (Xenoport Inc)

Duly Organized. Such Party (i) is a corporation or limited liability company, with restricted liability, duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, incorporation or organization and (ii) is qualified to do business and is in good standing as a foreign corporation or organization in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such qualification would prevent such Party from performing its obligations under this Agreement.

Appears in 6 contracts

Samples: Development, Marketing and Supply Agreement (Axovant Sciences Ltd.), Marketing and Supply Agreement (Arena Pharmaceuticals Inc), Supply Agreement (Arena Pharmaceuticals Inc)

Duly Organized. Such Party is a corporation with restricted liability, duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporationincorporation or organization, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

Appears in 5 contracts

Samples: Collaboration and License Agreement (Acelrx Pharmaceuticals Inc), License and Supply Agreement (Alexza Pharmaceuticals Inc.), License and Supply Agreement (Alexza Pharmaceuticals Inc.)

Duly Organized. Such Party is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

Appears in 5 contracts

Samples: Licensing Agreement (Xenoport Inc), License Agreement (Indivior PLC), License Agreement (Xenoport Inc)

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Duly Organized. Such Party is a corporation duly organized, validly existing and is in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party it from performing its obligations under this AgreementAGREEMENT.

Appears in 4 contracts

Samples: Commercialization Agreement (Genta Incorporated /De/), Commercialization Agreement (Genta Inc De/), Commercialization Agreement (Genta Incorporated /De/)

Duly Organized. Such Party is a corporation duly organized, validly existing and is in good standing under the laws of the jurisdiction of its incorporation, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.; and

Appears in 2 contracts

Samples: Development and Commercialization Agreement (Cephalon Inc), Development and Commercialization Agreement (Cephalon Inc)

Duly Organized. Such Party is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporationincorporation or organization, is qualified to do business and is in good standing as a foreign corporation in each jurisdiction in which the conduct of its business or the ownership of its properties requires such qualification and failure to have such would prevent such Party from performing its obligations under this Agreement.

Appears in 1 contract

Samples: License and Supply Agreement (Alexza Pharmaceuticals Inc.)

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