Common use of Authority and Binding Agreement Clause in Contracts

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; 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.

Appears in 33 contracts

Samples: Exclusive License Agreement (Aileron Therapeutics Inc), License Agreement (Genelux Corp), License Agreement (Genelux Corp)

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Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iiic) 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 is enforceable against it in accordance with its terms.

Appears in 10 contracts

Samples: Exclusive License Agreement (Bellicum Pharmaceuticals, Inc), License Agreement (Portola Pharmaceuticals Inc), Marketing, Distribution and Development Agreement (Gilead Sciences Inc)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iii) 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 is enforceable against it in accordance with its terms.

Appears in 9 contracts

Samples: Assignment Agreement (Virobay Inc), Assignment Agreement (Virobay Inc), Assignment Agreement (Virobay Inc)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iiic) 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 7 contracts

Samples: Quarterly Report, Development, Commercialization and License Agreement (Achillion Pharmaceuticals Inc), Research Collaboration Agreement (Anadys Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate or company power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate or company action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iii) 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 6 contracts

Samples: Technology Transfer/Manufacturing Agreement (Denali SPAC Holdco, Inc.), Manufacturing Agreement, Technology Transfer Agreement (Orgenesis Inc.)

Authority and Binding Agreement. As of the Effective Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the 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 5 contracts

Samples: Collaboration and License Agreement (Relief Therapeutics Holding SA), Collaboration and License Agreement (Acer Therapeutics Inc.), Pledge and Security Agreement

Authority and Binding Agreement. As of the Effective Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the 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: License and Collaboration Agreement, License Agreement (Celladon Corp), License and Collaboration Agreement (Visterra, Inc.)

Authority and Binding Agreement. As of the Effective Date, each Party represents and warrants to the other that it (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 the Agreement and the performance of its obligations hereunder; , and (iiic) 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 4 contracts

Samples: Licensing Agreement (Gilead Sciences Inc), Licensing Agreement (Osi Pharmaceuticals Inc), Licensing Agreement (Eyetech Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iii) 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 3 contracts

Samples: License Agreement (Karuna Therapeutics, Inc.), Patent Assignment and License Agreement (Trovagene, Inc.), Patent Assignment and License Agreement (Trovagene, Inc.)

Authority and Binding Agreement. As of the Effective Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered by or 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 Agreement (Anterios Inc), Exclusive License Agreement (Anterios Inc), Exclusive License Agreement (Anterios Inc)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iiic) the 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: Exclusive License and Collaboration Agreement (Forty Seven, Inc.), Exclusive License and Collaboration Agreement (Aquinox Pharmaceuticals, Inc), Collaboration and License Agreement (Kite Pharma, Inc.)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iii) the Agreement has been duly executed and delivered on behalf of such Partyparty, and constitutes a legal, valid, valid and binding obligation of such Party party that is enforceable against it in accordance with its terms.; and

Appears in 2 contracts

Samples: License Agreement (Portola Pharmaceuticals Inc), License Agreement (Portola Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iiic) 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 2 contracts

Samples: Research Collaboration and License Agreement (Achillion Pharmaceuticals Inc), Research Collaboration and License Agreement (Achillion Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Signing Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the 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: Exclusive License Agreement (Relief Therapeutics Holding SA), Exclusive License Agreement (Acer Therapeutics Inc.)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iii) 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 is enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Patent Assignment Agreement (Concert Pharmaceuticals, Inc.), Patent Assignment Agreement (Auspex Pharmaceuticals, Inc.)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; 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.to

Appears in 1 contract

Samples: Assignment Agreement (Virobay Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Collaboration 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 the this Collaboration Agreement and the performance of its obligations hereunder; and (iii) the this Collaboration 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: Services, Research, Development and Collaboration Agreement (Kythera Biopharmaceuticals Inc)

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Authority and Binding Agreement. As of the Effective Date, (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 authorized action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; and (iiic) 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 is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Oxigene Inc)

Authority and Binding Agreement. As of the Effective Execution Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the 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 Collaboration Agreement

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; and (iii) the 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 and Supply Agreement (Versartis, Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Supply 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 the this Supply Agreement and the performance of its obligations hereunder; and (iii) the this Supply 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: Manufacturing and Supply Agreement (Cubist Pharmaceuticals Inc)

Authority and Binding Agreement. As of the Effective Date, (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 the Agreement and the performance of its obligations hereunder; 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. 25.

Appears in 1 contract

Samples: Collaboration and Clinical Trial Agreement (Tracon Pharmaceuticals, Inc.)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate organizational power and authority and the legal right to enter into this Agreement and perform its obligations hereunder; (ii) it has taken all necessary corporate organizational action on its part required to authorize the execution and delivery of the Agreement and the performance of its obligations hereunder; 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.

Appears in 1 contract

Samples: Co Development and License Agreement (Cell Therapeutics Inc)

Authority and Binding Agreement. As of the Effective Execution Date, (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 the Agreement and the performance of its obligations hereunder; and (iiic) 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 is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Gilead Sciences Inc)

Authority and Binding Agreement. As of the Effective Date, (i) it has the corporate power and authority and the legal right to enter into this Supply 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 the this Supply Agreement and the performance of its obligations hereunder; and (iii) the this Supply 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)

Appears in 1 contract

Samples: Manufacturing and Supply Agreement

Authority and Binding Agreement. As of the Effective Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Party, 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: Collaboration and Exclusive License Agreement (Amag Pharmaceuticals Inc.)

Authority and Binding Agreement. As of the Effective Amendment Date, (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 the this Agreement and the performance of its obligations hereunder; and (iii) the this Agreement has been duly executed and delivered on behalf of such Partyparty, and constitutes a legal, valid, and binding obligation of such Party party that is enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Licence and Co Development Agreement (Apollomics Inc.)

Authority and Binding Agreement. As of the Effective Date, : (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 the this Agreement and the performance of its obligations hereunder; and (iii) the 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: Manufacturer Cooperation Agreement

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