Common use of Right to Grant Licenses Clause in Contracts

Right to Grant Licenses. To Auxilium’s knowledge, Auxilium is the sole and exclusive owner or licensee of all Intellectual Property needed to market, distribute and sell the Product in the Territory in accordance with this Agreement. Auxilium has the full right, power and authority to grant the rights granted to Distributor hereunder, free and clear of any mortgage, lien or encumbrance.

Right to Grant Licenses. To Auxilium’s knowledge, Auxilium is the sole and exclusive owner or licensee of all Intellectual Property intellectual property rights needed to market, distribute and sell the Product in the Territory in accordance with this AgreementTerritory. Auxilium has the full right, power and authority to grant the rights granted to Distributor Ipsen hereunder, free and clear of any mortgage, lien or encumbrance.