Common use of Licensor Clause in Contracts

Licensor. Licensor represents, warrants and covenants that it is a corporation duly formed, existing and in good standing under the laws of the state of its organization, with full right, power and authority to enter into and perform this Agreement, and the execution and performance of this Agreement does not conflict with or violate any agreement to which it is a party, any court order to which it is subject, or any of its organizational documents. Licensor further represents, warrants and covenants that (i) the Strategy, Intellectual Property and Licensor Marks are the exclusive property of Licensor, (ii) none of either the Strategy, Intellectual Property, Licensor Marks or the license granted pursuant to this Agreement infringes or otherwise violates any third-party's intellectual property rights or other proprietary rights, and (iii) neither Licensor nor any of its officers, directors, employees, members or agents shall disclose in any manner any information concerning the Trust prior to the Trust's deposit date.

Licensor. Licensor represents, warrants and covenants that it is a corporation duly formed, existing and in good standing under the laws of the state of its organization, with full right, power and authority to enter into and perform this Agreement, and the execution and performance of this Agreement does not conflict with or violate any agreement to which it is a party, any court order to which it is subject, or any of its organizational documents. Licensor further represents, warrants and covenants that (i) the Strategy, Intellectual Property and Licensor Marks are the exclusive property of Licensor, (ii) none of either the Strategy, Intellectual Property, Licensor Marks or the license granted pursuant to this Agreement infringes or otherwise violates any third-party's ’s intellectual property rights or other proprietary rights, and (iii) neither Licensor nor any of its officers, directors, employees, members or agents shall disclose in any manner any information concerning the Trust prior to the Trust's ’s deposit date.