Common use of Merchantability and Exclusion of Warranties Clause in Contracts

Merchantability and Exclusion of Warranties. CYBERKINETICS possesses the necessary expertise and skill in the technical areas pertaining to the Licensed Patents, Licensed Products and Licensed Know-How to make, and has made, its own evaluation of the capabilities, safety, utility and commercial application of the Licensed Patents, Licensed Products and Licensed Know-How. ACCORDINGLY, EXCEPT AS SET FORTH IN ARTICLE 9.1 AND 9.2, EMORY DOES NOT MAKE ANY REPRESENTATION OR WARRANTY OF ANY KIND WITH RESPECT TO THE LICENSED PATENTS, LICENSED KNOW-HOW OR LICENSED PRODUCTS AND EXPRESSLY DISCLAIMS ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE AND ANY OTHER IMPLIED WARRANTIES WITH RESPECT TO THE CAPABILITIES, SAFETY, UTILITY, OR COMMERCIAL APPLICATION OF THE LICENSED PATENTS, LICENSED KNOW-HOW OR LICENSED PRODUCTS.

Appears in 2 contracts

Samples: Exclusive License Agreement (Cyberkinetics Neurotechnology Systems, Inc.), Exclusive License Agreement (Cyberkinetics Neurotechnology Systems, Inc.)

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Merchantability and Exclusion of Warranties. CYBERKINETICS COMPANY possesses the necessary expertise and skill in the technical areas pertaining to the Licensed Patents, Licensed Products and Licensed Know-How Technology to make, and has made, its own evaluation of the capabilities, safety, utility and commercial application of the Licensed Patents, Licensed Products and Licensed Know-HowTechnology. ACCORDINGLY, EXCEPT AS SET FORTH IN ARTICLE SECTIONS 9.1 AND 9.2, EMORY DOES LICENSORS DO NOT MAKE ANY REPRESENTATION OR WARRANTY OF ANY KIND WITH RESPECT TO THE VALIDITY OF LICENSED PATENTS, LICENSED KNOW-HOW TECHNOLOGY OR LICENSED PRODUCTS AND EXPRESSLY DISCLAIMS DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE AND ANY OTHER IMPLIED WARRANTIES WITH RESPECT TO THE CAPABILITIES, SAFETY, UTILITY, OR COMMERCIAL APPLICATION OF THE LICENSED PATENTS, LICENSED KNOW-HOW TECHNOLOGY OR LICENSED PRODUCTS.

Appears in 2 contracts

Samples: License Agreement (Triangle Pharmaceuticals Inc), License Agreement (Triangle Pharmaceuticals Inc)

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Merchantability and Exclusion of Warranties. CYBERKINETICS COMPANY possesses the necessary expertise and skill in the technical areas pertaining to the Licensed Patents, Licensed Products and Licensed Know-How Technology to make, and has made, its own evaluation of the capabilities, safety, utility and commercial application of the Licensed Patents, Licensed Products and Licensed Know-HowTechnology. ACCORDINGLY, EXCEPT AS SET FORTH IN ARTICLE SECTIONS 9.1 AND 9.2, EMORY LICENSOR DOES NOT MAKE ANY REPRESENTATION OR WARRANTY OF ANY KIND WITH RESPECT TO THE VALIDITY OF LICENSED PATENTS, LICENSED KNOW-HOW TECHNOLOGY OR LICENSED PRODUCTS AND EXPRESSLY DISCLAIMS ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE AND ANY OTHER IMPLIED WARRANTIES WITH RESPECT TO THE CAPABILITIES, SAFETY, UTILITY, OR COMMERCIAL APPLICATION OF THE LICENSED PATENTS, LICENSED KNOW-HOW TECHNOLOGY OR LICENSED PRODUCTS.

Appears in 2 contracts

Samples: License Agreement (Pharmasset Inc), License Agreement (Triangle Pharmaceuticals Inc)

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