Representation and Warranties of Parties. Each party warrants and represents to the other party that the transactions and activities contemplated herein (i) are within the corporate powers of such party; (ii) have been duly authorized by all necessary corporate action of such party; (iii) constitute the legal, valid and binding obligation of such party, enforceable against it in accordance with its terms and (iv) do not and will not conflict with, result in a breach in any of the provisions of, or constitute a default under the provisions of, any law, regulation, licensing requirement, charter provision, by-law or other instrument applicable to such party or its employees or which such party is a party or may be bound. The parties each reserve the right to enter into other agreements similar to this Agreement with actual and potential competitors of each other, on comparable or on different terms and conditions.
Representation and Warranties of Parties. Subject to Section 3.2, each of the Parties covenants with and represents and warrants to the other Party that:
Representation and Warranties of Parties
