Common use of Organization of Licensee Clause in Contracts

Organization of Licensee. Licensee is a limited liability company duly organized, validly existing and in good standing under the Laws of Delaware. Licensee has all requisite power and authority to own, lease and operate its properties and to carry on its business.

Appears in 3 contracts

Samples: License Agreement, License Agreement (AquaMed Technologies, Inc.), License Agreement (AquaMed Technologies, Inc.)

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Organization of Licensee. Licensee is a limited liability company corporation duly organized, validly existing and in good standing under the Laws of the State of Delaware. Licensee has all requisite power and authority to own, lease and operate its properties and to carry on its business.

Appears in 1 contract

Samples: Intellectual Property License Agreement (Globalstar, Inc.)

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