Common use of Mutual Warranty Clause in Contracts

Mutual Warranty. Each Party represents and warrants to the other Party that: (i) such Party has the full corporate right, power, and authority to enter into this Agreement and to perform the acts required of it; (ii) such Party owns the rights necessary to grant the rights and licenses and fulfill its obligations under this Agreement; (iii) the execution of this Agreement by such Party will not violate any agreement to which such Party is bound; and (iv) when executed and delivered by such Party this Agreement will constitute the legal, valid, and binding obligation of such Party, enforceable against such Party in accordance with its terms.

Mutual Warranty. Each Party party represents and warrants to the other Party that: (ia) such Party it has the full corporate right, power, legal power and authority to enter into this Agreement and to perform the acts required of it; (ii) such Party owns the rights necessary to grant the rights and licenses and fulfill its obligations under this Agreement; (iiib) the execution and performance of this the Agreement by such Party will not conflict with or violate any agreement Applicable Law applicable to which such Party is boundparty; and (ivc) the Agreement, when executed and delivered by such Party this Agreement delivered, will constitute the legal, valid, a valid and binding obligation of such Party, party and will be enforceable against such Party party in accordance with its terms.

Mutual Warranty. Each Party represents and warrants to the other Party that: (i) such Party it has the full corporate rightcorporate, powerlimited liability company or partnership, as the case may be, power and authority to enter into and deliver this Agreement and perform its obligations hereunder; (ii) it has the necessary rights to enter into this Agreement and to perform the acts required of it; (ii) such Party owns the rights necessary to grant the rights and licenses and fulfill its obligations under this Agreementhereunder; (iii) the execution of this Agreement by such Party will not violate any agreement to which such Party is bounda valid and binding obligation of it and enforceable in accordance with its terms; and (iv) when executed it will comply with all applicable Laws in the course of performing its obligations and delivered by such Party exercising its rights under this Agreement will constitute the legal, valid, and binding obligation of such Party, enforceable against such Party in accordance with its termsAgreement.