Common use of Power to Act Clause in Contracts

Power to Act. CYTOGEN has all necessary corporate power under the laws of the State of Delaware to enter into and perform its obligations under this Agreement and has taken all necessary corporate action under the laws of the State of Delaware and its certificate of incorporation and by-laws to authorize the execution of, and performance of its obligations under, this Agreement. CYTOGEN has the full right, power and authority to grant all of the right, title and interest in the licenses granted, or contingent licenses that may be granted, by CYTOGEN under Section 3 hereof.

Appears in 1 contract

Sources: Psma/PSMP License Agreement (Progenics Pharmaceuticals Inc)

Power to Act. CYTOGEN has all necessary corporate power under the ------------ laws of the State of Delaware to enter into and perform its obligations under this Agreement and has taken all necessary corporate action under the laws of the State of Delaware and its certificate of incorporation and by-laws to authorize the execution of, and performance of its obligations under, this Agreement. CYTOGEN has the full right, power and authority to grant all of the right, title and interest in the licenses granted, or contingent licenses that may be granted, by CYTOGEN under Section 3 hereof.

Appears in 1 contract

Sources: Psma/PSMP License Agreement (Cytogen Corp)