Licensor Representations and Warranties Respecting Licensed Patents. Licensor represents and warrants to Licensee that, (i) the Licensed Patents do not infringe on the patent rights of any third-party, (ii) Licensor is the sole owner of the Licensed Patents and Licensed Intellectual Property, (iii) Licensor has granted no other license(s) that permit any other person or entity to develop, manufacture, exploit, sub-license or otherwise use the inventions used in the Licensed Patents and Licensed Intellectual Property and will grant no other such license(s) or use rights to any third-party during the term of this Licensing Agreement (or any extensions thereof), (iv) Licensor has neither applied for nor obtained foreign Licensed Patents with respect to the inventions contained in the Licensed Patents and Licensed Intellectual Property and during the term of this Licensing Agreement (or any extensions thereof) will not apply for or obtain any such foreign Licensed Patents (except with the prior written consent of Licensee on such terms and conditions as Licensee in its sole discretion finds acceptable), (v) Licensee will not undertake modifications of the Licensed Patents through which essentially similar processes, products or techniques may be implemented that would be competitive with processes or techniques employed or products produced by Licensee utilizing the Licensed Patents and/or Licensed Intellectual Property and (vi) Licensor has not and during the term of this Licensing Agreement (or any extensions thereof) will not engage in or encourage the development of competing products, processes or techniques under the Licensed Patents or other similar Licensed Patents either in the United States or any foreign patent jurisdiction.
