Common use of Representations and Warranties of Licensee Clause in Contracts

Representations and Warranties of Licensee. Licensee represents and warrants that: (i) the grant of rights and licenses by Licensee to Licensor under this Agreement is not inconsistent with the terms and conditions of any obligations of Licensee; (ii) no authorization or consent is required for Licensee to grant the rights and licenses under this Agreement or for Licensee to enter into this Agreement; and (iii) Licensee is duly organized and in good standing in its state of incorporation.

Appears in 2 contracts

Samples: Non Exclusive License Agreement (Helix Biomedix Inc), License Agreement (Helix Biomedix Inc)

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Representations and Warranties of Licensee. Licensee represents hereby represents, warrants and warrants that: (i) covenants to Licensor that Licensee has the grant full right and authority to execute and perform this Agreement and the execution and performance of rights and licenses this agreement by Licensee will not conflict with, cause a default under or violate any existing contractual obligation that may be owed by Licensee to Licensor under this Agreement is not inconsistent with the terms and conditions of any obligations of Licensee; (ii) no authorization or consent is required for Licensee to grant the rights and licenses under this Agreement or for Licensee to enter into this Agreement; and (iii) Licensee is duly organized and in good standing in its state of incorporationthird Person.

Appears in 2 contracts

Samples: License Agreement (BioVex Group, Inc.), License Agreement (BioVex Group, Inc.)

Representations and Warranties of Licensee. Licensee represents and warrants that: (i) that it has all the grant of rights and licenses by Licensee to Licensor under this Agreement is not inconsistent with the terms and conditions of any obligations of Licensee; (ii) no authorization or consent is required for Licensee to grant the rights and licenses under this Agreement or for Licensee necessary authority to enter into and perform its obligations under this Agreement; . Licensee represents and (iii) warrants that the execution, delivery or performance of this Agreement will not violate or cause a default under any agreement by which Licensee is duly organized and in good standing in its state of incorporationbound.

Appears in 2 contracts

Samples: Software License Agreement (Inland Real Estate Corp), Service Mark and Tradename License Agreement (Inland Real Estate Corp)

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Representations and Warranties of Licensee. Licensee represents hereby represents, warrants and warrants that: (i) covenants to Licensor that Licensee has the grant full right and authority to execute and perform this Agreement and the execution and performance of rights and licenses this agreement by Licensee will not conflict with, cause a default under or violate any existing contractual obligation that may be owed by Licensee to Licensor under this Agreement is not inconsistent with the terms and conditions of any obligations of Licensee; (ii) no authorization or consent is required for Licensee to grant the rights and licenses under this Agreement or for Licensee to enter into this Agreement; and (iii) Third Party. Licensee is duly organized and in good standing in its state a wholly-owned subsidiary of incorporation[***].

Appears in 1 contract

Samples: Option & License Agreement (Intellect Neurosciences, Inc.)

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