Common use of Mutual Representations and Warranties Clause in Contracts

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 9 contracts

Sources: Collaboration and License Agreement (Ambrx Biopharma Inc.), Collaboration and License Agreement (Ambrx Biopharma Inc.), Collaboration and License Agreement (Ambrx Biopharma Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) warrants to the other Party that, as of the Effective Date as follows: Date: (ai) It it is a company or corporation duly organized, validly existing, existing and in good standing under the laws Laws of the jurisdiction in which it is incorporated, of its incorporation and has full all requisite corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and to perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize the under this Agreement, (ii) execution and delivery of this Agreement and the performance by such Party of its obligations hereunder. This hereunder have been duly authorized, (iii) this Agreement has been duly executed and delivered on behalf of such Party, and constitutes a legal, valid, is legally binding and binding obligation of such enforceable on each Party that is enforceable against it in accordance with its terms. , (civ) It the performance of this Agreement by it does not create a breach or default under any other agreement to which it is a Party, (v) the execution, delivery and performance of this Agreement by such Party does not a party to conflict with any agreement, outstanding orderinstrument or understanding, judgment oral or decree written, to which it is a party or by which it is bound, nor violate any Law or regulation of any court, governmental body or administrative or other agency having jurisdiction over such Party, (vi) no government authorization, consent, approval, license, exemption of or filing or registration with any court or Governmental Authority that would prevent it from granting governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, under any Laws currently in effect, is or will be necessary for, or in connection with, the rights granted to the other Party under transaction contemplated by this Agreement or performing any other agreement or instrument executed in connection herewith, or for the performance by it of its obligations under this Agreement. Agreement and such other agreements, and (dvii) In the course neither such Party, nor any of the Development of Productsits employees, such Party has not used prior officers, subcontractors, or consultants who have rendered services relating to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who Licensed Compounds: (a) has ever been debarred or is subject to debarment or convicted of a crime for which an entity or person could be debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by FDA under 21 U.S.C. Section 335a or (b) has ever been under indictment for a Regulatory Authoritycrime for which a person or entity could be so debarred. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 8 contracts

Sources: License Agreement (Homology Medicines, Inc.), License Agreement, License Agreement (Eiger BioPharmaceuticals, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) to the other Party as of the Effective Date warrants as follows: (a) It is a company or corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including including, without limitation, the right to grant the licenses granted by it is granting hereunder. (b) It On the Effective Date, (i) it has the full corporate power right and authority and the legal right to enter into this Agreement and perform its obligations hereunder. It , (ii) it is not aware of any impediment that would prevent it from entering into the Agreement or that would inhibit its ability to perform its obligations under this Agreement, (iii) 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. This , and (iv) 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. (c) It has not entered into any agreement with any third party that is in conflict with the rights granted to the other Party under this Agreement, and has not a party to taken any agreement, outstanding order, judgment or decree of any court or Governmental Authority action that would in any way prevent it from granting the rights granted to the other Party under this Agreement Agreement, or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would otherwise materially conflict with or materially adversely affect the rights granted to the other Party hereunderunder this Agreement. Its performance and execution of this Agreement will not result in a breach of any other contract to which it is a party. (d) On the Effective Date, it is not aware of any action, suit, inquiry or investigation instituted by any third party which questions or threatens the validity of this Agreement. (e) All necessary consents, approvals and authorizations of all governmental authorities and other persons or entities required to be obtained by such Party in connection with the execution, delivery and performance of this Agreement have been obtained. (f) To the best of its knowledge, each Party has, on the Effective Date, the right to grant to the other Party the rights and licenses granted by such Party to the other Party pursuant to this Agreement. (g) Each Party has, on the Effective Date, the necessary qualified personnel, equipment, technical know-how and other means to perform its duties under this Agreement in a timely manner in accordance with the terms hereof.

Appears in 6 contracts

Sources: License Agreement (Radius Health, Inc.), License Agreement (Radius Health, Inc.), License Agreement (Radius Health, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) to the other Party as of the Effective Date warrants as follows: (a) It is a company or corporation duly organized, validly existing, existing and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including including, without limitation, the right to grant the licenses granted by it is granting hereunder. (b) It On the Effective Date, (i) it has the full corporate power right and authority and the legal right to enter into this Agreement and perform its obligations hereunder. It , (ii) it is not aware of any impediment that would prevent it from entering into the Agreement or that would inhibit its ability to perform its obligations under this Agreement, (iii) 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. This , and (iv) 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. (c) It has not entered into any agreement with any third party that is in conflict with the rights granted to the other Party under this Agreement, and has not a party to taken any agreement, outstanding order, judgment or decree of any court or Governmental Authority action that would in any way prevent it from granting the rights granted to the other Party under this Agreement Agreement, or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would otherwise materially conflict with or materially adversely affect the rights granted to the other Party hereunderunder this Agreement. Its performance and execution of this Agreement will not result in a breach of any other contract to which it is a party. * CONFIDENTIAL TREATMENT REQUESTED. OMITTED PORTIONS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. (d) On the Effective Date, it is not aware of any action, suit, inquiry or investigation instituted by any third party that questions or threatens the validity of this Agreement. (e) All necessary consents, approvals and authorizations of all governmental authorities and other persons or entities required to be obtained by such Party in connection with the execution, delivery and performance of this Agreement have been obtained. (f) To the best of its knowledge, each Party has, on the Effective Date, the right to grant to the other Party the rights and licenses granted by such Party to the other Party pursuant to this Agreement. (g) Each Party has, on the Effective Date, the necessary qualified personnel, equipment, technical know-how and other means to perform its duties under this Agreement in a timely manner in accordance with the terms hereof.

Appears in 5 contracts

Sources: License Agreement (Rhythm Pharmaceuticals, Inc.), License Agreement (Rhythm Pharmaceuticals, Inc.), License Agreement (Rhythm Pharmaceuticals, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Execution Date as follows: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 5 contracts

Sources: Collaboration and License Agreement (CytomX Therapeutics, Inc.), Collaboration and License Agreement (CytomX Therapeutics, Inc.), Collaboration and License Agreement (CytomX Therapeutics, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder. (f) The execution and delivery of this Agreement and the performance of such Party’s obligations hereunder do not conflict with, violate, or breach or constitute a default or require any consent not already obtained under, any contractual obligation or court or administrative order by which such Party is bound. (g) It has and will have enforceable written agreements with all of its employees who receive Confidential Information under this Agreement assigning to such Party ownership of all intellectual property rights created in the course of their employment.

Appears in 3 contracts

Sources: Collaboration and Exclusive License Agreement (Ambrx Biopharma Inc.), Collaboration and Exclusive License Agreement (Ambrx Inc), Collaboration and Exclusive License Agreement (Ambrx Inc)

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) warrants to the other Party that as of the Effective Date of this Agreement: 12.1.1 It is duly organized and validly existing under the laws of its jurisdiction of incorporation or formation, and has full corporate or other power and authority to enter into this Agreement and to carry out the provisions hereof. Further, except for any approvals from Regulatory Authorities, pricing and/or reimbursement approvals, manufacturing approvals and/or similar approvals necessary for the Manufacture of Products, all necessary consents, approvals and authorizations of all Regulatory Authorities required to be obtained by such Party as of the Effective Date as follows: (a) It is a company or corporation duly organizedin connection with the execution, validly existing, delivery and in good standing under the laws performance of the jurisdiction in this Agreement to which it is incorporated, a party have been obtained by the Effective Date. 12.1.2 It is duly authorized to execute and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in deliver this Agreement, including the right and to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. It has taken all necessary corporate action , and the person or persons executing this Agreement on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder. This Agreement behalf has been duly executed authorized to do so by all requisite corporate action. 12.1.3 This Agreement is legally binding upon it 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. (c) It is . The execution, delivery and performance of this Agreement and does not a party to conflict with any agreement, outstanding orderinstrument or understanding, judgment oral or decree of any court written, to which it is a party and by which it may be bound, or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement with its charter or performing its obligations under this Agreementby-laws. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) 12.1.4 It has not, and will not, after the Effective Date and not during the Term, grant any right to any Third Party that which would conflict with the rights granted to the other Party hereunder. It has (or will have at the time performance is due) maintained and will maintain and keep in full force and effect all agreements (including license agreements) and filings (including patent filings) necessary in such Party’s reasonable judgment to perform its obligations hereunder. Further, (a) the execution and delivery of this Agreement by such Party, (b) the performance of such Party’s obligations hereunder, do not conflict with or violate any requirement of applicable laws or regulations existing as of the Effective Date and applicable to such Party. 12.1.5 Neither Party nor any of its Affiliates has been debarred or is subject to debarment and neither Party nor any of its Affiliates will use in any capacity, in connection with this Agreement or, in the case of Tekmira, in connection with the Supply Services, any person or entity that has been debarred pursuant to Section 306 of the United States Federal Food, Drug, and Cosmetic Act, or that is the subject of a conviction described in such section. Each Party agrees to inform the other Party in writing immediately if it or any Person that is performing activities in connection with this Agreement is debarred or is the subject of a conviction described in Section 306, or if any action, suit, claim, investigation or legal or administrative proceeding is pending or, to the best of the notifying Party’s knowledge, is threatened, relating to the debarment or conviction of the notifying Party or any person or entity used in any capacity by such Party or any of its Affiliates in connection with this Agreement or the Supply Services provided hereunder.

Appears in 3 contracts

Sources: Development, Manufacturing and Supply Agreement (TEKMIRA PHARMACEUTICALS Corp), Development, Manufacturing and Supply Agreement (Tekmira Pharmaceuticals Corp), Development, Manufacturing and Supply Agreement (Alnylam Pharmaceuticals, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows, save as disclosed in Exhibit K: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 3 contracts

Sources: Option and License Agreement (Bavarian Nordic a/S / ADR), Option and License Agreement (Bavarian Nordic a/S / ADR), Option and License Agreement (Bavarian Nordic a/S / ADR)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It As of the Execution Date and the Effective Date, is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder.; (b) It As of the Execution Date and the Effective Date, it has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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.; (c) It is As of the Execution Date and the Effective Date, the execution, delivery and performance of this Agreement by such Party (i) are not prohibited or limited by, and shall not result in the breach of or a party default under, any provision of the certificate or articles of incorporation or bylaws of such Party; (ii) do not conflict with any Applicable Law applicable to such Party; and (iii) do not conflict with, result in a breach of or constitute a default under any agreement, outstanding agreement binding on such Party or any applicable order, judgment writ, injunction or decree of any court or Governmental Authority that would prevent it from granting to which such Party is a party or by which such Party is bound. Such Party has not previously granted any rights in conflict with the rights and licenses granted by it herein. As of the Effective Date, except with respect to the other Existing License Agreements, there are no existing agreements, options, commitments or rights with, of or to any Person to acquire or obtain any rights with respect to such Party’s intellectual property rights in conflict with the rights and licenses granted by such Party under this Agreement or performing its obligations under this Agreement.herein; (d) In the course of the Development development of ProductsLyell Technology, such Party including Lyell Anti-Exhaustion Technology, Lyell has not used prior to the Effective Execution Date and neither Party shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority.; (e) It has not, and will not, after the Effective Execution Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder; and (f) Except for any filings that may be required to comply with the HSR Act or with respect to Regulatory Authorities to perform the transactions contemplated hereby, it is not and will not be required to give any notice to any Governmental Authority or obtain any approval in connection with the execution and delivery of this Agreement or the consummation or performance of any of the transactions contemplated hereby.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Lyell Immunopharma, Inc.), Collaboration and License Agreement (Lyell Immunopharma, Inc.)

Mutual Representations and Warranties. Each Party hereby representsrepresents and warrants that, warrants, and covenants (as applicable) to the other Party as of the Effective Date as followsand each SOW Effective Date, and continuing throughout the Term and each SOW Term, and any period of Termination/Expiration Assistance: (a) It is a company or corporation duly organizedincorporated, validly existing, existing and is in good standing under the laws Laws of the jurisdiction country, province or state in which it is incorporated, and is in good standing in each other ▇▇▇▇▇▇▇ Confidential/Proprietary Materials jurisdiction where the failure to be in good standing would have a material adverse effect on its business or its ability to perform its obligations under this Agreement or any SOW. (b) It has full all necessary corporate power and authority and the legal right to own own, lease and operate its property and assets and to carry on its business as it is now being presently conducted and as contemplated in it will be conducted pursuant to this Agreement, including the right to grant the licenses granted by it hereunderAgreement and any SOW. (bc) It has the full all necessary corporate power and authority and the legal right to enter into this Agreement and each SOW and SOW and to perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize thereunder, and the execution and delivery of this Agreement and each SOW and SOW and the performance consummation of the transactions contemplated thereby have been duly authorized by all necessary corporate actions on its obligations hereunder. part. (d) This Agreement has been duly executed and delivered on behalf each SOW and SOW constitute legal, valid and binding obligations of such Party, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its their terms. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has notThe execution, delivery and performance of this Agreement (including any SOW hereunder) will notnot constitute (i) a violation of any judgment, after the Effective Date and during the Termorder or decree; (ii) a material default under any material contract by which such Party or any of its material assets are bound; or (iii) an event that would, grant any right to any Third Party that would conflict with the rights granted to the other Party hereundernotice or lapse of time, or both, constitute such a default as described in (ii).

Appears in 2 contracts

Sources: Master Services Agreement (Talcott Resolution Life Insurance Co), Master Services Agreement (Talcott Resolution Life & Annuity Insur Co Separate Account Three)

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) warrants to the other Party that as of the Effective Date as followsDate: (a) 9.1.1 It is a company or corporation duly organized, organized and validly existing, and in good standing existing under the laws of the its jurisdiction in which it is incorporatedof incorporation or formation, and has full corporate or other power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement Agreement, and to carry out the provisions hereof. 9.1.2 It is duly authorized to execute and deliver this Agreement, and to perform its obligations hereunder. It has taken all necessary corporate action , and the person or persons executing this Agreement on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder. This Agreement behalf has been duly executed authorized to do so by all requisite corporate action. 9.1.3 This Agreement is legally binding upon it 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. (c) It is . The execution, delivery and performance of this Agreement by it does not a party to conflict with any agreement, outstanding orderinstrument or understanding, judgment oral or decree of any court written, to which it is a party and by which it may be bound, or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement with its charter or performing its obligations under this Agreementby-laws. CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT UNDER RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934. (d) In the course of the Development of Products, such Party 9.1.4 It has not used prior to the Effective Date granted, and shall will not usegrant, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Affiliate or Third Party that would conflict with the rights granted to the other Party hereunder. 9.1.5 Neither it nor any of its Affiliates has been debarred or is subject to debarment.

Appears in 2 contracts

Sources: License and Collaboration Agreement (Alnylam Pharmaceuticals, Inc.), License and Collaboration Agreement (Alnylam Pharmaceuticals, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) warrants to the other Party as of (and acknowledges that the Effective Date as followsother Party is relying on such representations and warranties in connection with entering into this Agreement) that: (a) It such Party is a company or corporation duly organizedincorporated, validly existing, existing and in good standing under the laws Laws of the its jurisdiction of incorporation and is qualified to do business in all jurisdictions in which it qualification is incorporated, necessary in order to transact its business and perform its obligations set out in this Agreement; (b) such Party has full all requisite corporate power and authority and the legal right to own own, lease and operate its property properties and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder.it; (bc) It has the full corporate power and authority and the legal right to enter into person executing this Agreement and each Statement of Work on its behalf has express authority to do so and to bind the Party; (d) it has obtained all necessary approvals, consents and authorizations to enter into, and to perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize the execution and delivery of under, this Agreement and each Statement of Work; (e) it is not under any current obligation or restriction, nor will it knowingly assume any such obligation or restriction, that does or could interfere with the performance of its obligations hereunder. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement in any material respect; (f) the execution, delivery, and performance of this Agreement or performing any Statement of Work does not violate in any material respect any provision of any bylaw, charter, regulation, or any other governing authority of the Party, or any other agreement to which it is a party, and its obligations under this Agreement., including each Statement of Work, are valid and binding obligations; and (dg) In the course of the Development of Products, such Party has it is not used prior to the Effective Date and shall not use, during the Term, any employee, agent insolvent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment any insolvency, winding up or similar proceedings by a Regulatory Authorityin its country of incorporation. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 2 contracts

Sources: Master Services and Supply Agreement (Cipher Mining Inc.), Merger Agreement (Good Works Acquisition Corp.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It it is a company or corporation duly organized, validly existing, and in good standing (if applicable) under the laws Laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including including, without limitation, the right to grant the licenses granted by it hereunder.; (b) It as of the Effective Date, (i) it has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. It ; (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. This ; and (iii) 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.; (c) It it is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority agreement that would materially prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under the Agreement and after the Effective Date, it shall not enter into any oral or written agreement or arrangement that would conflict with its obligations under this Agreement.; and (d) In it shall comply in all material aspects with all applicable Laws in the course of the Development of Products, such Party has not used prior to the Effective Date performing its obligations and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authorityexercising its rights under this Agreement. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 1 contract

Sources: License Agreement (Zai Lab LTD)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Licensed Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder. (f) The execution and delivery of this Agreement and the performance of such Party’s obligations hereunder do not conflict with, violate, or breach or constitute a default or require any consent not already obtained under, any contractual obligation or court or administrative order by which such Party is bound. (g) It has and will have enforceable written agreements with all of its employees who receive Confidential Information under this Agreement assigning to such Party ownership of all Intellectual Property Rights created in the course of their employment. (h) All information and data provided by or on behalf of it to the other Party on or before the Effective Date in contemplation of this Agreement was provided in good faith and, to its knowledge, (i) is accurate and complete in all material respects and (ii) it has not failed to disclose (or cause to be disclosed) any material information or data that could reasonably be expected to cause the information and data that has been disclosed to the other Party on or before the Effective Date to be misleading in any material respect. Certain confidential information contained in this document, marked by [****], has been omitted because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential.

Appears in 1 contract

Sources: Collaboration and License Agreement (Exscientia LTD)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as follows, as of the Effective Date as followsDate: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate or organizational power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. It ; it has taken all necessary corporate or organizational action on its part required to authorize the execution and delivery of this Agreement and the performance of its obligations hereunder. This ; and this Agreement has been duly executed and delivered on behalf of such Partyits behalf, and constitutes a legal, valid, and binding obligation of such Party that is enforceable against it in accordance with its termsterms and this Agreement will not violate (i) such Party’s certificate of incorporation or bylaws, (ii) any agreement, instrument or contractual obligation to which such Party is bound in any material respect, (iii) any requirement of any applicable laws or regulation, or (iv) any order, writ, judgment, injunction, decree, determination or award of any court or governmental agency presently in effect applicable to such Party. (c) It is not a party to and will not enter into any agreement, outstanding order, judgment or decree of any court or Governmental Authority agreement that would materially prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and It shall not use, possess during the TermTerm all licenses, any employeeregistrations, agent or independent contractor who has been debarred permits and other authorizations required by any Regulatory AuthorityAuthority or other governmental body, orlaw, rule or regulation within the Territory to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict fulfill its other obligations in accordance with the rights granted to the other Party hereunder.terms of this Agreement. _____ _____ (Initial) 13 (Initial)

Appears in 1 contract

Sources: Customization and Commercial Supply Agreement (Biodel Inc)

Mutual Representations and Warranties. Each Party hereby represents, warrants, NPS and covenants (as applicable) Nycomed each represents and warrants to the other Party that, as of the Effective Date as followsDate: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate right, power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and to perform its respective obligations hereunder. It under this Agreement and that it has taken the right to grant to the other the licenses and sublicenses granted pursuant to this Agreement; (b) except for any Regulatory Approvals, manufacturing approvals, antitrust approvals and/or similar approvals necessary for the Development, Manufacture or Commercialization of Product, all necessary corporate action on its part consents, approvals and authorizations of all Governmental Authorities and other persons required to authorize be obtained by it as of the Effective Date in connection with the execution, delivery and performance of this Agreement have been obtained; (c) notwithstanding anything to the contrary in this Agreement, the execution and delivery of this Agreement and by such Party, the performance of such Party’s obligations hereunder and the licenses and sublicenses to be granted by such Party pursuant to this Agreement (a) do not conflict with or violate any requirement of applicable laws or regulations existing as of the Effective Date and applicable to such Party and (b) do not conflict with, violate, breach or constitute a default under, and are not prohibited or materially restricted by, any contractual obligations of such Party or any of its obligations hereunder. This Affiliates existing as of the Effective Date; (d) such Party is duly authorized, by all requisite corporate action, to execute and deliver this Agreement has been duly executed and delivered the execution, delivery and performance of this Agreement by such Party does not require any shareholder action or approval or the approval or consent of any Third Party, and the Person executing this Agreement on behalf of such Party, Party is duly authorized to do so by all requisite corporate action; and (e) this Agreement is a legal and constitutes a legal, valid, valid obligation binding upon it and binding obligation of such Party that is enforceable against it in accordance with its terms. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 1 contract

Sources: Distribution and License Agreement (NPS Pharmaceuticals Inc)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of ProductsTarget Compounds to any Collaboration Target, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 1 contract

Sources: Collaboration and License Agreement (Schrodinger, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as follows, as of the Effective Date as followsDate: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority to execute and the legal right to enter into deliver this Agreement and to perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize , and the execution execution, delivery and delivery performance of this Agreement and the performance of its obligations hereunder. This Agreement has been duly executed and delivered validly authorized and approved by proper corporate action on behalf the part of such Party. Assuming due authorization, execution and delivery on the part of the other Party, this Agreement constitutes a legal, valid, valid and binding obligation of such Party that is Party, enforceable against it such Party, in accordance with its terms. (c) The execution and delivery of this Agreement by it and the performance by it contemplated hereunder will not violate any Applicable Laws, and, to its knowledge, it is in compliance in all material respects with all material Applicable Laws applicable to the subject matter of this Agreement. (d) It is not a party to any agreement, agreement or arrangement with any Third Party or under any obligation or restriction (including any outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted administrative agency) which in any way limits or conflicts with its ability to the other Party under this Agreement or performing fulfill any of its obligations under this Agreement. (de) In Except with respect to Regulatory Approvals for the course Development, Manufacturing or Commercialization of the Development of ProductsProduct or as otherwise described in this Agreement, (i) all necessary consents, approvals and authorizations of, and (ii) all notices to, and filings by such Party has not used prior with, all Governmental Authorities and other Persons required to be obtained or provided by such Party as of the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict in connection with the rights granted to the other Party hereunderexecution, delivery and performance of this Agreement have been obtained and provided.

Appears in 1 contract

Sources: Development and Commercialization Agreement (VectivBio Holding AG)

Mutual Representations and Warranties. Each Party hereby represents, warrants, warrants and covenants (as applicable) represents to the other that: (a) as of the Effective Date, it has the full right and authority to enter into this Agreement; (b) as of the Effective Date, there are no existing or threatened actions, suits or claims pending against it with respect to its right to enter into and perform its obligations under this Agreement; (c) there is nothing in any Third Party agreement or understanding, written or oral, entered into or agreed to by such Party as of the Effective Date as follows: (a) It is a company or corporation duly organizedDate, validly existingthat, and in good standing under the laws any way, will preclude such Party’s ability to perform all of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted obligations undertaken by it hereunder., and that it will not enter into any agreement after the Effective Date under which such performance would be precluded; (bd) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, agreement or arrangement with any Third Party or under any obligation or restriction agreement (including any outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted administrative agency) which in any way limits or conflicts with its ability to the other Party under this Agreement or performing fulfill any of its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority.; (e) It this Agreement is a legal and valid obligation binding upon it and enforceable in accordance with its terms. The execution, delivery and performance of this Agreement by such Party does not violate any law or regulation of any court, governmental body or administrative or other agency having jurisdiction over it; and (f) it has notnever been, and will notis not currently, after the Effective Date and and, during the Termterm of this Agreement, grant any right to any Third Party will not become, a Debarred Entity, Excluded Entity or Convicted Entity. The Parties further warrant and represent that would conflict with the rights granted to the other Party hereunder.no Debarred Individual, Debarred Entity, Excluded Individual, Excluded Entity, Convicted Individual or Convicted Entity has performed

Appears in 1 contract

Sources: Development, License & Option Agreement (AxoGen, Inc.)

Mutual Representations and Warranties. Each Party hereby representsAs of the date of this Agreement, warrantsDealerTrack represents and warrants to CreditReportPlus, and covenants (as applicable) CreditReportPlus represents and warrants to the other Party as of the Effective Date as followsDealerTrack that: (a) It is a company or duly organized and a validly existing corporation duly organized, validly existing, that is qualified and licensed in good standing under the laws of the jurisdiction in which all states where it is incorporated, and has full corporate power and authority and necessary for the legal right to own and operate transaction of its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder.business; (b) It has the requisite power, authority, and legal right to execute and deliver this Agreement, and perform and observe the terms and conditions of this Agreement. The person signing this Agreement has full corporate power and authority to bind the Party it represents. The execution, delivery, and the legal right to enter into this Agreement and perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize the execution and delivery performance of this Agreement have been duly authorized by all necessary and appropriate corporate actions on the part of the Party. No consent, approval, authorization or order of, registration or filing with, or notice to any governmental authority or court is required under Applicable Law to effectuate the execution, delivery, and performance by the Party of its obligations hereunder. this Agreement; (c) This Agreement has been duly authorized and executed by each Party and delivered on behalf of such Party, and constitutes a legal, this Agreement is valid, binding and binding obligation of such Party that is enforceable against it each Party in accordance with its terms. , except that such enforcement may be subject to bankruptcy or other similar laws or by general principles of equity. The execution, delivery, and performance by each Party of this Agreement does not conflict with any term or provision of: (ci) It is not a party to its certificate of incorporation or by-laws; (ii) any agreementmaterial law, outstanding rule, regulation, order, judgment judgment, writ, injunction, or decree of any court court, regulatory body, administrative agency, or Governmental Authority that would prevent it from granting the rights granted governmental body having jurisdiction as now or as may become effective over either Party, including but not limited to the other Applicable Law; or (iii) any agreement to which a Party under this Agreement is a Party or performing by which its obligations under this Agreement.property is bound; (d) In the course of the Development of ProductsThere is no action, such Party has not used prior to the Effective Date and shall not useproceeding, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, investigation pending or, to the best knowledge of such each Party’s knowledge, is threatened against it, before any court, administrative agency, or other tribunal which could reasonably be expected to materially and adversely affect the subject other Party's performance of debarment proceedings by a Regulatory Authority.its obligations under, or the validity or enforceability of, this Agreement; and (e) It has notTHE REPRESENTATIONS AND WARRANTIES SET FORTH IN SECTION 10.1 ARE THE ONLY WARRANTIES MADE BY THE PARTIES TO EACH OTHER. THE WARRANTIES ARE IN LIEU OF, and will notAND EACH PARTY EXPRESSLY DISCLAIMS, after the Effective Date and during the TermALL OTHER WARRANTIES, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunderEXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, OR FITNESS FOR SECURITIZATION OR OTHER SECONDARY FINANCING TRANSACTIONS. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE PARTIES SPECIFICALLY DISCLAIM ANY REPRESENTATION OR WARRANTY: (i) THAT THEIR SYSTEM AND SERVICES, WILL PERFORM WITHOUT INTERRUPTION OR BE ERROR-FREE; (ii) THAT THEIR SERVICE MEETS THE OTHER PARTY'S REQUIREMENTS; OR (iii) THAT ANY OR ALL OF THE DATA PROVIDED THROUGH THE DEALERTRACK/CREDITREPORTPLUS INTERFACE IS ACCURATE, UP-TO-DATE, OR COMPLETE. ALL DATA AND INFORMATION PROVIDED THROUGH THE DEALERTRACK/CREDITREPORTPLUS INTERFACE IS PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS, WITHOUT EXPRESS OR IMPLIED WARRANTIES OF ANY KIND.

Appears in 1 contract

Sources: Service Agreement (DealerTrack Holdings, Inc.)

Mutual Representations and Warranties. Each Party hereby representsrepresents and warrants that, warrants, and covenants (as applicable) to the other Party as of the Effective Date as followsof this Agreement: (a) It is a company or corporation duly organizedincorporated (or is any other form of legally recognized entity), validly existing, existing and is in good standing under the laws Laws of the jurisdiction in which it is incorporated, and is duly qualified and in good standing in each other jurisdiction where the failure to be so qualified and in good standing would have an adverse effect on its business, activities, ability to perform its obligations under this Agreement or any Statement of Work or compliance with any of its promises, representations and warranties hereunder. (b) It has full all necessary corporate power and authority and the legal right to own own, lease and operate its property and assets and to carry on its business as it is now being presently conducted and as contemplated in it will be conducted pursuant to this Agreement, including the right to grant the licenses granted by it hereunderAgreement and any Statement of Work. (bc) It has the full all necessary corporate power and authority and the legal right to enter into this Agreement and each Statement of Work and to perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize hereunder and thereunder, and the execution and delivery of this Agreement and each Statement of Work and the performance consummation of its obligations hereunder. the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate actions. (d) This Agreement has been duly executed and delivered on behalf each Statement of such Party, and Work constitutes a legal, valid, valid and binding obligation of such Party that is Party, enforceable against it in accordance with its termsterms except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, and any other laws of general application affecting enforcement of creditors' rights generally. (ce) It is not a party to There are no threatened or actual claims or suits in connection with any agreementmatters, outstanding order, judgment or decree of any court or Governmental Authority including patents and other intellectual property matters that would prevent it from granting the rights granted materially adversely affect either Party’s ability to the other Party under this Agreement or performing perform its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 1 contract

Sources: Master Services Agreement

Mutual Representations and Warranties. Each Party hereby represents, warrants, represents and covenants (as applicable) warrants to the other Party that as of the Original Effective Date as follows: Date: (a) It it is a corporation or limited liability company or corporation duly organized, validly existing, organized and in good standing under the laws of the jurisdiction in which it is incorporatedof its incorporation or formation, and it has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as it is contemplated in to be conducted by this Agreement, including the right to grant the licenses granted by it hereunder. ; (b) It it has the full corporate right, power and authority and the legal right to enter into this Agreement and to grant the rights and licenses granted by it under this Agreement; (c) there are no existing or, to its knowledge, threatened actions, suits or claims pending with respect to the subject matter hereof or its right to enter into and perform its obligations hereunder. It under this Agreement; (d) 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. This under this Agreement; (e) this Agreement has been duly executed and delivered on behalf of such Partyit, and constitutes a legal, valid, and binding obligation of such Party that is obligation, enforceable against it in accordance with its terms. (c) It is not a party to any agreementthe terms hereof, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted subject to the general principles of equity and to bankruptcy, insolvency, moratorium and other Party under similar laws affecting the enforcement of creditors’ rights generally; (f) all necessary consents, approvals and authorizations of all regulatory and governmental authorities other persons required to be obtained by it in connection with the execution and delivery of this Agreement or performing and the performance of its obligations under this AgreementAgreement have been obtained; and (g) the execution and delivery of this Agreement and the performance of its obligations hereunder do not conflict with, or constitute a default under any of its contractual obligations. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 1 contract

Sources: License Agreement (Altimmune, Inc.)

Mutual Representations and Warranties. Each Party hereby represents, warrants, and covenants (as applicable) to the other Party as of the Effective Date as follows: (a) It is a company or corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction in which it is incorporated, and has full corporate power and authority and the legal right to own and operate its property and assets and to carry on its business as it is now being conducted and as contemplated in this Agreement, including the right to grant the licenses granted by it hereunder. (b) It has the full corporate power and authority and the legal right to enter into this Agreement and perform its obligations hereunder. 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. 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. (c) It is not a party to any agreement, outstanding order, judgment or decree of any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Governmental Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Governmental Authority. (e) It has not, and will not, after the Effective Date and not during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder. (f) The execution and delivery of this Agreement and the performance of such Party’s obligations hereunder do not conflict with, violate, or breach or constitute a default or require any consent not already obtained under, any contractual obligation or court or administrative order by which such Party is bound. (g) It has and will have enforceable written agreements with all of its employees who receive Confidential Information under this Agreement assigning to such Party ownership of all intellectual property rights created in the course of their employment.

Appears in 1 contract

Sources: Collaboration and License Agreement (RAPT Therapeutics, Inc.)

Mutual Representations and Warranties. Each Party hereby representsrepresents and warrants that, warrants, and covenants (as applicable) to the other Party as of the Effective Date as followsand continuing throughout the Term: (a) It is a company or corporation duly organizedincorporated, validly existing, existing and is in good standing under the laws of the jurisdiction state in which it is incorporated, and is qualified as a foreign corporation and in good standing in each other jurisdiction where the failure to be so would have a material adverse effect on its business or its ability to perform its obligations under this Master Agreement or any Service Agreement to which it is a party. (b) It has full all necessary corporate power and authority and the legal right to own own, lease and operate its property and assets and to carry on its business as it is now being presently conducted and as contemplated in it will be conducted pursuant to this Agreement, including the right Master Agreement and each Service Agreement to grant the licenses granted by which it hereunderis a party. (bc) It has the full all necessary corporate power and authority and the legal right to enter into this Master Agreement and each Service Agreement to which it is a party and to perform its obligations hereunder. It has taken all necessary corporate action on its part required to authorize hereunder and thereunder, and the execution and delivery of this Master Agreement and each Service Agreement to which it is a party, and the performance consummation of its obligations hereunder. This Agreement has the transactions contemplated hereby and thereby have been duly executed authorized by all necessary corporate actions on its part. (d) This Master Agreement and delivered on behalf of such Party, and each Service Agreement to which it is a party constitutes a legal, valid, valid and binding obligation of such Party that is Party, enforceable against it in accordance with its terms. (ce) It has not violated and it will not violate any applicable laws or regulation regarding the offering of unlawful inducement in connection with this Master Agreement or any Service Agreement. (f) It has and shall have the right and authority to use any software or other intellectual property provided by it in connection with the Services. (g) It is not a party to to, and is not bound or affected by or subject to, any instrument, agreement, outstanding ordercharter or by-law provision, law, rule, regulation, judgment or decree order which would be contravened or breached as a result of the execution of this Master Agreement, consummation of the transactions contemplated by this Master Agreement, or execution of, and consummation of the transaction contemplated by, any court or Governmental Authority that would prevent it from granting the rights granted to the other Party under this Agreement or performing its obligations under this fully executed Service Agreement. (d) In the course of the Development of Products, such Party has not used prior to the Effective Date and shall not use, during the Term, any employee, agent or independent contractor who has been debarred by any Regulatory Authority, or, to the best of such Party’s knowledge, is the subject of debarment proceedings by a Regulatory Authority. (e) It has not, and will not, after the Effective Date and during the Term, grant any right to any Third Party that would conflict with the rights granted to the other Party hereunder.

Appears in 1 contract

Sources: Master Services Agreement (Bellwether Exploration Co)