Representations by Licensor and Founders Sample Clauses

Representations by Licensor and Founders. (a) Licensor represents that as of December 2004, the President of Licensor has not received any written notice or claim, threatened or pending, from a third party that the use of DTCP in accordance with the terms of this Agreement infringes any third party’s patent rights or that the licensing of Licensor’s or any Founder’s Necessary Claim would require the payment of royalties by Licensor or Founders to unaffiliated third parties.

Related to Representations by Licensor and Founders

REPRESENTATIONS AND WARRANTIES OF THE CONTRIBUTORS Each of the Contributors, severally and not jointly, solely as to itself and not as to any other Contributor, hereby represents and warrants to the Purchaser and ATA as follows:
Representations and Warranties of Stockholders Each Stockholder severally represents and warrants that the representations and warranties set forth below are true as of the date of this Agreement and, subject to Section 7.7 hereof, shall be true at the time of Closing and on the Consummation Date, and that the representations and warranties set forth in Section 5(B) shall survive the Consummation Date.