Common use of Authority; Due Execution Clause in Contracts

Authority; Due Execution. Each Party represents and warrants to the other, that (i) it has full power and authority to enter into this Agreement and any agreements related hereto and, subject to the terms and conditions hereof, this Agreement, when executed, will be a valid and legally binding obligation of such Party according to its provisions; (ii) the execution and performance of this Agreement will not constitute a breach of or an event of default under any agreement, contract, law or regulation to which such Party is or may be bound; and (iii) the execution and performance of this Agreement has been duly authorized by all necessary corporate action.

Appears in 8 contracts

Samples: Distributor Agreement (Corindus Vascular Robotics, Inc.), Distributor Agreement (Corindus Vascular Robotics, Inc.), Distributor Agreement (Corindus Vascular Robotics, Inc.)

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Authority; Due Execution. Each Party represents and warrants to the other, that (i) it has full power and authority to enter into this Agreement and any agreements related hereto and, subject to the terms and conditions hereof, this Agreement, when executed, will be a valid and legally binding obligation of such Party according to its provisions; (ii) the execution and performance of this Agreement will not constitute a breach of or an event of default under any agreement, contract, law or regulation to which such Party is or may be bound; and (iii) the CONFIDENTIAL TREATMENT REQUESTED EXECUTION COPY execution and performance of this Agreement has been duly authorized by all necessary corporate action.

Appears in 1 contract

Samples: Patent and Technology License and Purchase (Hansen Medical Inc)

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