Common use of Licensee Acknowledgement Clause in Contracts

Licensee Acknowledgement. Licensee acknowledges that Pfizer’s willingness to approve the selection of Licensee and execution of this Agreement is based, in part, upon the representations, warranties and covenants made by Licensee to MPP under this Agreement, which such representations, warranties and covenants constitute a material inducement for Pfizer’s approval of Licensee and this Agreement.

Licensee Acknowledgement. Licensee acknowledges that PfizerXxxxxx’s willingness to approve the selection of Licensee and execution of this Agreement is based, in part, upon the representations, warranties and covenants made by Licensee to MPP under this Agreement, which such representations, warranties and covenants constitute a material inducement for Pfizer’s approval of Licensee and this Agreement.

Licensee Acknowledgement. Licensee acknowledges that Pfizer’s 's willingness to approve the selection of Licensee and execution of this Agreement is based, in part, upon the representations, warranties and covenants made by Licensee to MPP under this Agreement, which such representations, warranties and covenants constitute a material inducement for Pfizer’s 's approval of Licensee and this Agreement.