Common use of Representations and Warranties by the Licensee Clause in Contracts

Representations and Warranties by the Licensee. In order to induce ---------------------------------------------- the Licensors to enter into this Agreement, the Licensee hereby represents and warrants to the Licensors, with the intent that the Licensors will rely on such representations and warranties in entering into this Agreement and in concluding the transactions contemplated in this Agreement, that, to the best of the knowledge, information and belief of the Licensee, after having made due enquiry: (a) the Licensee has been duly incorporated and organized, is validly existing and is in good standing under the laws of the jurisdiction of its incorporation; (b) the Licensee has the full corporate power and authority to enter into this Agreement; (c) the Licensee is duly registered and licensed to carry on business in the jurisdictions in which it carries on business or owns property where required under the laws of that jurisdiction; (d) the entering into of this Agreement by the Licensee does not and will not conflict with, and does not and will not result in a breach of, any of the terms of the Licensee's incorporating documents or any agreement or instrument to which the Licensee is a party; and (e) this Agreement has been duly authorized by all necessary corporate action on the part of the Licensee, is validly executed and delivered by the Licensee and is enforceable in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Hyperstealth Biotechnology Corp)

AutoNDA by SimpleDocs

Representations and Warranties by the Licensee. In order to induce ---------------------------------------------- the Licensors Licensor to enter into and consummate this Agreement, Agreement the Licensee hereby represents and warrants to the LicensorsLicensor, with the intent that the Licensors Licensor will rely on such representations and warranties thereon in entering into this Agreement and in concluding the transactions contemplated in this Agreementherein, that, to the best of the knowledge, information and belief of the Licensee, after having made due enquiry: (a) the Licensee has been duly incorporated and organized, is validly existing and is in good standing under the laws of the jurisdiction of its incorporation; (b) the Licensee has the full corporate power and authority to enter toenter into this Agreement; (c) the Licensee is duly registered and licensed to carry on business onbusiness in the jurisdictions in which it carries on business or owns property where required under the laws of that jurisdiction; (d) the entering into of this Agreement by the Licensee does not and notand will not conflict with, and does not and will not result in a breach of, any of the terms of the Licensee's incorporating documents or any agreement or instrument to which the Licensee is a party; and (e) this Agreement has been duly authorized by all necessary corporate necessarycorporate action on the part of the Licensee, is validly executed and delivered by the Licensee and is enforceable in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Zenitech Corp)

Representations and Warranties by the Licensee. In order to induce ---------------------------------------------- the Licensors Licensor to enter into and consummate this Agreement, Agreement the Licensee hereby represents and warrants to the LicensorsLicensor, with the intent that the Licensors Licensor will rely on such representations and warranties thereon in entering into this Agreement and in concluding the transactions contemplated in this Agreementherein, that, to the best of the knowledge, information and belief of the Licensee, after having made due enquiry: (a) the Licensee has been duly incorporated and organized, is validly existing and is in good standing under the laws of the jurisdiction of its incorporation; (b) the Licensee has the full corporate power and authority to enter into this Agreement; (c) the Licensee is duly registered and licensed to carry on business in the jurisdictions in which it carries on business or owns property where required under the laws of that jurisdiction; (d) the entering into of this Agreement by the Licensee does not and will not conflict with, and does not and will not result in a breach of, any of the terms of the Licensee's incorporating documents or any agreement or instrument to which the Licensee is a party; and (e) this Agreement has been duly authorized by all necessary corporate action on the part of the Licensee, is validly executed and delivered by the Licensee and is enforceable in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Miv Therapeutics Inc)

AutoNDA by SimpleDocs

Representations and Warranties by the Licensee. In order to induce the ---------------------------------------------- the Licensors to enter into this Agreement, the Licensee hereby represents and warrants to the Licensors, with the intent that the Licensors will rely on such representations and warranties in entering into this Agreement and in concluding the transactions contemplated in this Agreement, that, to the best of the knowledge, information and belief of the Licensee, after having made due enquiry: (a) the Licensee has been duly incorporated and organized, is validly existing and is in good standing under the laws of the jurisdiction of its incorporation; (b) the Licensee has the full corporate power and authority to enter into this Agreement; (c) the Licensee is duly registered and licensed to carry on business in the jurisdictions in which it carries on business or owns property where required under the laws of that jurisdiction; (d) the entering into of this Agreement by the Licensee does not and will not conflict with, and does not and will not result in a breach of, any of the terms of the Licensee's incorporating documents or any agreement or instrument to which the Licensee is a party; and (e) this Agreement has been duly authorized by all necessary corporate action on the part of the Licensee, is validly executed and delivered by the Licensee and is enforceable in accordance with its terms.

Appears in 1 contract

Samples: License Agreement (Hyperstealth Biotechnology Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!