Common use of Ownership Warranty Clause in Contracts

Ownership Warranty. Licensor warrants that it is the owner of the Licensed Software and the Licensor Documentation and that it has the right to grant the licenses described in Section 2 above.

Ownership Warranty. Licensor warrants that it is the sole owner of the Licensed Software and the Licensor Documentation and that it or has the right full power and authority to grant affect Upgrades, Enhancements and Modifications referred to herein and will indemnify and hold the licenses described in Section 2 aboveLicensee harmless from and against any loss, cost, liability and expense arising out of any breach or claimed breach of this warranty.