Authority to Grant Sample Clauses
The 'Authority to Grant' clause establishes that a party has the legal right and power to grant the rights or licenses specified in the agreement. In practice, this means the granting party confirms it owns or controls the relevant intellectual property or assets and is not restricted by prior agreements or third-party claims. This clause ensures that the recipient can rely on the validity of the rights received, reducing the risk of future disputes or challenges regarding ownership or authority.
POPULAR SAMPLE Copied 8 times
Authority to Grant. Licensor represents and warrants that it has the right and power to grant the exclusive license granted herein and that there are no other agreements with any other party in conflict with such grant.
Authority to Grant. SNL owns or has the right to distribute and license the Licensed Software pursuant to this Agreement. To the knowledge of SNL, the use by Licensee of the Licensed Software in accordance with this Agreement will not infringe any third-party patent, copyright, trade secret or other intellectual property rights.
Authority to Grant a License Pursuant to the Licensors', the holder of the patents for the Licensed Product and the knowledge and consent thereof, the Licensors has the right and authority to grant the license set forth in this Agreement to the Licensees.
Authority to Grant. Author has full power and authority to make this agreement and to grant the rights granted hereunder, and Author has not previously assigned, transferred or otherwise encumbered the same; and Author has no prior agreement, commitment, or other arrangement, oral or written, to write or participate in writing any other book-length work and will enter into no such agreement, commitment, or other agreement until after delivery of the manuscript of the Literary Work in Final Form. Not Previously Published, Not in Public Domain
Authority to Grant. When determined by the employer to be necessary, assignment of work hours in excess of eight hours per day or forty hours per week shall be the responsibility of the Library Director or his/her designated representative.
Authority to Grant. Company may grant Sublicenses to one or more Sublicensees without consent of UMB, provided that there is no uncured default or material breach of this Agreement by Company at the time of the grant. Company shall provide to UMB a true and complete copy of each fully-signed Sublicense and amendments thereto, including all exhibits, attachments and related documents reasonably promptly after executing the same.
Authority to Grant. INX warrants that it has the authority and right to convey to 3M the rights granted under this Agreement, including but not limited to the rights set forth in Article 3.