Authorized Execution; Binding Obligation. Each Party represents and warrants to the other Party that its execution, delivery, and performance of this Agreement have been duly authorized and approved by all necessary corporate action and that this Agreement is binding, upon and enforceable against it in accordance with the Agreement's terms (subject to bankruptcy and similar laws affecting the rights of creditors generally).
Appears in 4 contracts
Samples: Collaboration and License Agreement (Lexicon Genetics Inc/Tx), Collaboration and License Agreement (Lexicon Genetics Inc/Tx), Collaboration and License Agreement (Lexicon Genetics Inc/Tx)
Authorized Execution; Binding Obligation. Each Party represents and warrants to the other Party that its that, as of the Effective Date (i) the execution, delivery, and performance of this the Agreement and the Related Agreements and the consummation of the transactions contemplated thereby have been duly authorized and approved by all necessary corporate action on its part; and that (ii) this Agreement is bindingand the Related Agreements have been duly executed and delivered by it and constitute a legal, upon valid, and binding obligation enforceable against it in accordance with the Agreement's terms (subject to bankruptcy and similar laws affecting the rights of creditors generally).in
Appears in 1 contract
Samples: Collaboration Agreement (Amylin Pharmaceuticals Inc)
