Common use of Representations and Warranties of GSK Clause in Contracts

Representations and Warranties of GSK. GSK represents and warrants that: (a) Status; Enforceability. GSK is a validly existing corporation in good standing under the laws of Pennsylvania; the execution, delivery and performance of this Agreement by GSK (where applicable) has been duly authorized by all requisite corporate action; this Agreement constitutes the legal, valid and binding obligation of GSK, enforceable against GSK in accordance with the terms hereof, subject to the effect of bankruptcy, insolvency, reorganization, receivership, moratorium and other similar laws affecting the rights and remedies of creditors generally and the effect of general principles of equity, whether applied by a court of law or equity; and the execution, delivery and performance of this Agreement by GSK will not violate or conflict with any other agreement or instrument to which GSK is a Party.

Representations and Warranties of GSK. Throughout the Term, GSK represents and warrants that: (a) Status; Enforceability. GSK is a validly existing corporation limited liability company in good standing under the laws of PennsylvaniaDelaware; the execution, delivery and performance of this Agreement by GSK (where applicable) has been duly authorized by all requisite corporate actionlimited liability company governance; this Agreement constitutes the a legal, valid and binding obligation of GSK, enforceable against GSK in accordance with the terms hereof, subject to the effect of bankruptcy, insolvency, reorganization, receivership, moratorium and other similar laws affecting the rights and remedies of creditors generally and the effect of general principles of equity, whether applied by a court of law or equity; and the execution, delivery and performance of this Agreement by GSK will not violate or conflict with any other agreement or instrument to which GSK is a Party.