Contract Representations and Warranties. Notwithstanding (1) the existence or nonexistence of the foregoing or any other or contradictory representations, warranties, covenants and other obligations of Dealer to or in favor of Purchaser that are contained in any Contract and (2) customary and common law rules of contract interpretation, all Contracts purchased by Purchaser, regardless of the form of Contract, shall be deemed to have been sold to Purchaser by Dealer subject to all of the representations, warranties, covenants and other obligations of Dealer to or in favor of Purchaser that are set forth in this Agreement and all of the representations, warranties, covenants and other obligations of Dealer to or in favor of Purchaser that are contained in this Agreement shall not be superseded, replaced or modified by any representations, warranties, covenants and other obligations of Dealer to or in favor of Purchaser that are contained in any Contracts.
Contract Representations and Warranties. The following language shall be added to the end of Section 3.1: “No Scheduled Contract or Assumed Liability includes BioValve’s or BTI’s agreement to indemnify, hold harmless or defend any third party with respect to any assertion of infringement or other violation of Intellectual Property Rights or warranting the lack thereof. All of the Scheduled Contracts are currently in effect, in good standing and without any breach or default by either party. No event or circumstance has occurred, exists or is contemplated (including, without limitation, as a result of the authorization, execution and delivery of this Agreement or the performance of any obligations under this Agreement or the consummation of any of the transactions contemplated thereby), that with or without notice or the lapse of time, could result in the (i) breach of any Scheduled Contract or Assumed Liability, (ii) loss or expiration of any right or option by BioValve or BTI (or the gain thereof by any third party) under any Scheduled Contract or (iii) release, disclosure or delivery to any third party of any part of the Intellectual Property Rights.”
Contract Representations and Warranties. Purchasing Entities are entitled to the warranties, rights, remedies, and benefits under the Master Agreement and this Addendum. The warranties set forth the Master Agreement are in addition to, and not in lieu of, any other warranties provided by law. All warranties are cumulative and will be interpreted expansively so as to afford Purchasing Entity the broadest warranty protection available.
Contract Representations and Warranties
