Common use of Warranties of the Parties Clause in Contracts

Warranties of the Parties. Licensor warrants that it has the right and power to enter into this Agreement, and that there are no outstanding assignments, grants, licenses, encumbrances, obligations or agreements, either written or oral or implied, that prevent it from doing so. Licensee warrants that it has the right and power to enter into this Agreement, and that there are no outstanding assignments, grants, licenses, encumbrances, obligations or agreements, either written or oral or implied, that prevent it from doing so.

Appears in 6 contracts

Samples: Form of Patent License Agreement (Vishay Precision Group, Inc.), Intellectual Property License Agreement (Vishay Precision Group, Inc.), Form of Patent License Agreement (Vishay Precision Group, Inc.)

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Warranties of the Parties. Licensor warrants that it has the right and power to enter into this Agreement, and that there are no outstanding assignments, grants, licenses, encumbrances, obligations or agreements, either written or oral or implied, that prevent it from doing so. Licensee warrants that it has the right and power to enter into this Agreement, and that there are no outstanding assignments, grants, licenses, encumbrances, obligations or agreements, either written or oral or implied, that prevent it from doing so.

Appears in 1 contract

Samples: Intellectual Property License Agreement (Quantrx Biomedical Corp)

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