Common use of Licensor Representations and Warranties Clause in Contracts

Licensor Representations and Warranties. Licensor represents, warrants and covenants as follows: (a) Licensor shall convey to Licensee good title to all Proprietary Binder Material purchased by Licensee from Licensor hereunder, free and clear of any and all liens, claims and encumbrances of any type whatsoever. (b) No Proprietary Binder Material shall contain any hazardous material in violation of applicable laws and governmental regulations. (c) At Licensee's reasonable request, Licensor shall replace, or refund the purchase price of, all non-conforming Proprietary Binding Material. (d) Proper use of the Coal Briquetting Technology, including use at an adequate, qualified Facility and with adequate feedstocks and other raw materials, will enable Licensor to produce a product which is reasonably expected to constitute "qualified fuels" pursuant to the terms of Section 29(c)(1)(C) of the Code.

Licensor Representations and Warranties. Licensor represents, warrants and covenants as follows: (a) Licensor shall convey to Licensee good title to all Proprietary Binder Material purchased by Licensee from Licensor hereunder, free and clear of any and all liens, claims and encumbrances of any type whatsoever. (b) No Proprietary Binder Material shall contain any hazardous material in violation of applicable laws and governmental regulations. (c) At Licensee's reasonable request, Licensor shall replace, or refund the purchase price of, all non-conforming Proprietary Binding Material. (d) Proper use of the Coal Briquetting Technology, including use at an adequate, qualified Facility facility and with adequate feedstocks and other raw materials, will enable Licensor to produce a product which is reasonably expected to constitute "qualified fuels" pursuant to the terms of Section 29(c)(1)(C) of the Code.