Common use of Licensor Clause in Contracts

Licensor. Licensor represents, warrants, and covenants that it is a limited liability company duly formed, existing, and in good standing under the laws of the State of Delaware, with full right, power, and authority to enter into and perform this Agreement, and the execution and performance of this Agreement does not conflict with or violate any agreement to which it is a party, any court order to which it is subject, or any of its organizational documents. Licensor further represents, warrants, and covenants that (i) the Index, Intellectual Property, and Licensor Marks are the exclusive property of Licensor, (ii) neither the Index nor the Licensor Marks or the Intellectual Property and the License granted pursuant to this Agreement infringes or otherwise violates any third party's intellectual property rights or other proprietary rights, and (iii) neither Licensor nor any if its officers, directors, employees, members, or agents shall disclose in any manner any non-public information concerning the Trust prior to the Trust's deposit date.

Licensor. Licensor represents, warrants, and covenants that it is a limited liability company duly formed, existing, and in good standing under the laws of the State of Delaware, with full right, power, and authority to enter into and perform this Agreement, and the execution and performance of this Agreement does not conflict with or violate any agreement to which it is a party, any court order to which it is subject, or any of its organizational documents. Licensor further represents, warrants, and covenants that (i) the Index, Intellectual Property, and Licensor Marks are the exclusive property of Licensor, (ii) neither the Index nor the Licensor Marks or the Intellectual Property and the License granted pursuant to this Agreement infringes or otherwise violates any third party's ’s intellectual property rights or other proprietary rights, and (iii) neither Licensor nor any if its officers, directors, employees, members, or agents shall disclose in any manner any non-public information concerning the Trust prior to the Trust's ’s deposit date.