Licensee Representations. Licensee represents and warrants to Licensor that: i. Licensee is a corporation organized and existing under the laws of the State of Delaware and has the power and authority to enter into this Agreement. ii. Licensee has taken all necessary action to authorize its execution and delivery of this Agreement by the representatives of Licensee who carried out such execution and delivery, and to authorize the performance by Licensee of its obligations under this Agreement. iii. Execution and delivery of this Agreement and its performance by Licensee will not result in any breach or violation of, or constitute a default under, any agreement, instrument, judgment, or order to which Licensee is a party or by which it is bound.
Appears in 2 contracts
Samples: Sublicense Agreement (Attitude Drinks Inc.), Sublicense Agreement (Attitude Drinks Inc.)
Licensee Representations. Licensee represents and warrants to Licensor Tufts that:
i. (a) Licensee is a corporation organized and existing under the laws of the State of Delaware and has the power and authority to enter into this Agreement.
ii. (b) Licensee has taken all necessary action to authorize its execution and delivery of this Agreement by the representatives of Licensee who carried out such execution and delivery, and to authorize the performance by Licensee of its obligations under this Agreementhereunder.
iii. (c) Execution and delivery of this Agreement and its Agreement and its performance by Licensee will not result in any breach or violation of, or constitute a default under, any agreement, instrument, judgment, or order to which Licensee is a party or by which it is bound.
Appears in 2 contracts
Samples: License Agreement (Paratek Pharmaceuticals, Inc.), License Agreement (Paratek Pharmaceuticals, Inc.)