Common use of Mutual Authority Clause in Contracts

Mutual Authority. (a) Nuvelo represents and warrants to Archemix that: (i) it has the authority and right to enter into and perform this Agreement; and (ii) to the best of its knowledge the execution, delivery and performance of this Agreement by Nuvelo will not conflict in any material fashion with the terms of any other agreement to which it is or becomes a Party or by which it is or becomes bound.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Nuvelo Inc), Stock Purchase Agreement (Archemix Corp.), Stock Purchase Agreement (Nitromed Inc)

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Mutual Authority. (a) Nuvelo represents and warrants to Archemix that: (ia) it has the authority and right to enter into and perform this Agreement; and (iib) to the best of its knowledge the execution, delivery and performance of this Agreement by Nuvelo will not conflict in any material fashion with the terms of any other agreement to which it is or becomes a Party or by which it is or becomes bound.

Appears in 1 contract

Samples: Collaboration Agreement (Nuvelo Inc)

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