Common use of Authority and Binding Agreement Clause in Contracts

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 29 contracts

Samples: Development Agreement (Apollomics Inc.), Collaboration, Option and License Agreement (Exicure, Inc.), Collaboration Agreement (Fusion Pharmaceuticals Inc.)

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Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 5 contracts

Samples: Collaboration and License Agreement (Lantheus Holdings, Inc.), Commercialization Agreement (Ambit Biosciences Corp), Commercialization Agreement (Ambit Biosciences Corp)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this the Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 4 contracts

Samples: License Agreement (Graphite Bio, Inc.), License Agreement (Codiak BioSciences, Inc.), License Agreement (Codiak BioSciences, Inc.)

Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and to perform its obligations hereunder; (iib) it It has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iiic) this This Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Ultragenyx Pharmaceutical Inc.), Collaboration and License Agreement (Ultragenyx Pharmaceutical Inc.), Collaboration and License Agreement (Ultragenyx Pharmaceutical Inc.)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this the Agreement and the performance of its obligations hereunder; and (iii) this the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Supply Agreement (Flex Pharma, Inc.), Supply Agreement (Intersect ENT, Inc.), Supply Agreement (Intersect ENT, Inc.)

Authority and Binding Agreement. (i) It a)It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Exclusive License and Supply Agreement (Reata Pharmaceuticals Inc), Supply Agreement (Reata Pharmaceuticals Inc), Supply Agreement (Reata Pharmaceuticals Inc)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Amendment Agreement (Aeterna Zentaris Inc.), License and Assignment Agreement (Strongbridge Biopharma PLC), License and Assignment Agreement (Aeterna Zentaris Inc.)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: License Agreement (Gilead Sciences Inc), Evg License Agreement (Gilead Sciences Inc)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Right of First Negotiation Agreement (Anterios Inc), Right of First Negotiation Agreement (Anterios Inc)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this the Agreement and the performance of its obligations hereunder; and (iii) this the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Avanir Pharmaceuticals, Inc.)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms, subject to the application of principles of equity, the availability of the remedy specific performance, and to applicable public policy and court discretion.

Appears in 1 contract

Samples: License and Distribution Agreement (Acutus Medical, Inc.)

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Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that is enforceable against it in accordance with its terms.;

Appears in 1 contract

Samples: Exclusive License and Supply Agreement (Relief Therapeutics Holding SA)

Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; hereunder and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License and Technical Support Agreement (Arcturus Therapeutics Holdings Inc.)

Authority and Binding Agreement. (ia) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; , (iib) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; , and (iiic) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Development and Commercialization Agreement (Immatics N.V.)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action actions on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Exclusive License Agreement (BridgeBio Pharma, Inc.)

Authority and Binding Agreement. (i) It has the corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder; and (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes ​ ​ 52 ​ a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Exclusive License and Commercialization Agreement (Coherus BioSciences, Inc.)

Authority and Binding Agreement. (i) It has the corporate legal power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate action on its part required to authorize the execution and delivery of this the Agreement and the performance of its obligations hereunder; and (iii) this the Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, valid and binding obligation of such Party that and is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License and Distribution Agreement (Thermogenesis Corp)

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