Each Party Sample Clauses

Each Party. Each party hereby represents and warrants to the other party the following:
Each Party. Each Party represents, warrants and covenants to the other (i) that it has the legal power, authority and right to enter into this Agreement and to perform its respective obligations under this Agreement; (ii) that it is not a Party to any agreement or arrangement with any Third Party or under any obligation or restriction which in any way limits or conflicts with its ability to fulfill any of its obligations under this Agreement (including granting the licenses in Article 4), and that it shall not enter into any such agreement or arrangement during the term of this Agreement; and (iii) that each employee or person engaged in the Collaboration on behalf of Serono or SGX has entered into a written agreement which provides for the assignment to Serono or SGX, respectively, of all inventions and discoveries made, conceived or reduced to practice by such employee or person during the course of his or her employment or engagement with Serono or SGX.
Each Party. Each Party represents and warrants to the other that: (i) it has the power to enter into and perform its obligations under this Agreement; and (ii) it has duly executed this Agreement by duly authorized persons so as to constitute valid and binding obligations of that Party.
Each Party. The obligations of each Party to this Agreement are subject to the condition precedent that the other Party’s representations and warranties contained in this Agreement shall be true, correct and complete on and as of the date of Closing with the same effect as though such representations and warranties were made on and as of such date.
Each Party. The Parties each represent each to the other that:
Each Party. (i) has full power and authority to enter into, deliver and perform this Agreement; and
Each Party. 13.3.1 represents to the other Party, on the date of this Agreement and on each date on which it enters into a Hedging Transaction, that it has full knowledge and understanding of the provisions of the Hedging ISDA Agreement; and