Common use of No Violation of Law; Permits Clause in Contracts

No Violation of Law; Permits. Such Party is not in violation of any law or regulation (nor is it aware of any violation of any law or regulation by any other Person), which violation could reasonably be expected to adversely affect its performance of its obligations hereunder or the ability of the other Party to realize the intended benefits to such other Party under this Agreement.

Appears in 3 contracts

Samples: Asset Transfer and License Agreement (Avenue Therapeutics, Inc.), Asset Transfer and License Agreement (Avenue Therapeutics, Inc.), Asset Transfer and License Agreement (Avenue Therapeutics, Inc.)

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No Violation of Law; Permits. Such Party party is not in violation of any law or regulation (nor is it such party aware of any violation of any law or regulation by any other Person), which violation could reasonably be expected to adversely affect its such party’s performance of its obligations hereunder or the ability of the other Party party to realize the intended benefits to such other Party party under this Agreement, and, except as otherwise contemplated hereby, such party holds each of the licenses, permits, approvals or authorizations necessary with respect to its current business and operations (and its rights and obligations contemplated hereby) in compliance with all laws and regulations.

Appears in 3 contracts

Samples: Development, License and Supply Agreement (Reliant Pharmaceuticals, Inc.), Development, License and Supply Agreement (Reliant Pharmaceuticals, Inc.), Development, License and Supply Agreement (Oscient Pharmaceuticals Corp)

No Violation of Law; Permits. Such Party is not in violation of any law or regulation (nor is it such Party aware of any violation of any law or regulation by any other Personperson), which violation could reasonably be expected to adversely affect its such Party’s performance of its obligations hereunder or the ability of the other Party to realize the intended benefits to such other Party under this Agreement, and, except as otherwise contemplated hereby, such Party holds each of the licenses, permits, approvals or authorizations necessary with respect to its current business and operations (and its rights and obligations contemplated hereby) in compliance with all laws and regulations.

Appears in 1 contract

Samples: Manufacturing Agreement (Anacor Pharmaceuticals, Inc.)

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No Violation of Law; Permits. Such Party is not in violation of any law or regulation (nor is it such Party aware of any violation of any law or regulation by any other Personperson), which violation could reasonably be expected to adversely affect its such Party’s performance of its obligations hereunder or the ability of the other Party to realize the intended benefits to such other Party under this Agreement, and, except as otherwise contemplated hereby, such Party holds each of the licenses, permits, approvals, or authorizations necessary with respect to its current business and operations (and its rights and obligations contemplated hereby) in compliance with all laws and regulations.

Appears in 1 contract

Samples: Validation and Manufacturing Agreement (Achaogen Inc)

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