Grant of Authority. Each Party represents and warrants that it has authority to delegate the duties concerning the Joint Invention as set forth in Section 3, 4 and 5 to the Managing Party. The Managing Party represents and warrants to each Other Party that it is has the power and authority to act on behalf of all Other Parties as the Managing Party with respect to its designated duties respecting the Joint Invention.
Appears in 5 contracts
Samples: Agreement, A Terms and Conditions for Inter Institutional Agreement, A Terms and Conditions for Inter Institutional Agreement
Grant of Authority. Each Party represents and warrants that it has authority to delegate the duties concerning the Joint Invention as set forth in Section 3, 4 and 5 to the Managing Party. The Managing Party represents and warrants to each Other Party that it is has the power and authority to act on behalf of all Other Parties as the Managing Party with respect to its designated duties respecting the Joint Invention.
Appears in 2 contracts
