Common use of Sufficient Rights Clause in Contracts

Sufficient Rights. As of the Effective Date, it owns or Controls its Patent Rights, to conduct the Research Collaboration and to grant the rights and licenses to Organon, and to fulfill its duties and obligations pursuant to this Agreement. To the knowledge of Pharmacopeia, as of the Effective Date the rights and licenses granted to Organon hereunder do not violate the rights of any Third Party to which Pharmacopeia has granted a license.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Pharmacopeia Inc), Stock Purchase Agreement (Pharmacopeia Drug Discovery Inc)

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Sufficient Rights. As of the Effective Date, it owns or Controls its Patent Rights, to conduct the Research Collaboration and to grant the rights and licenses to OrganonPharmacopeia, and to fulfill its duties and obligations pursuant to this Agreement. To the knowledge of PharmacopeiaOrganon, as of the Effective Date the rights and licenses granted to Organon Pharmacopeia hereunder do not violate the rights of any Third Party to which Pharmacopeia Organon has granted a license.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Pharmacopeia Inc), Stock Purchase Agreement (Pharmacopeia Drug Discovery Inc)

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