Common use of Intellectual Property Warranties Clause in Contracts

Intellectual Property Warranties. (a) Each of the Parties hereby represents and warrants to the other that (i) it does not Control any Patens that would dominate the Patents licensed to the other Party hereunder, (ii) it is not aware of any claims of a third party which would call into question the rights of such Party in the licensed subject matter or its right to grant the licenses granted to the other Party hereunder, (iii) it has provided the other Party with all information concerning royalty obligations pertinent to the licenses granted to the other Party hereunder; and (iv) it will use commercially reasonable efforts to keep in force any license agreement from which the license or sublicense granted to the other Party under this Agreement is derived to the extent that such license agreement does not provide for a survival of any sublicenses granted by such Party.

Appears in 4 contracts

Samples: License Agreement (Rigel Pharmaceuticals Inc), License and Research Agreement (Rigel Pharmaceuticals Inc), License Agreement (Rigel Pharmaceuticals Inc)

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