Common use of Legal Risks Clause in Contracts

Legal Risks. The Parties acknowledge and agree that Licensee faces certain legal risk which include, but are not limited to, the following: (a) Licensee and its suppliers or vendors, including Licensor, could be subject to criminal prosecution at any time by United States or other Governmental Authority; (b) United States or other Governmental Authority may take actions to stop, hinder, delay or harm Licensee or take other actions that would be detrimental to Licensee; and (c) This Agreement may be deemed void for illegality in whole or in material part.

Appears in 3 contracts

Samples: License Agreement, License Agreement (AquaMed Technologies, Inc.), License Agreement (AquaMed Technologies, Inc.)

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Legal Risks. The Parties acknowledge and agree that Licensee faces certain legal risk which include, but are not limited to, the following: (a) Licensee and its suppliers or vendors, including Licensor, could be subject to criminal prosecution at any time by United States pursuant to Applicable Law or other Governmental Authority; (b) United States Certain jurisdictions, under Applicable Law or other Governmental Authority Authority, may take actions to stop, hinder, delay or harm Licensee or take other actions that would be detrimental to Licensee; and (c) This Agreement may be deemed void for illegality in whole or in material part.

Appears in 3 contracts

Samples: License Agreement, License Agreement (AquaMed Technologies, Inc.), License Agreement (AquaMed Technologies, Inc.)

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