Common use of Sufficient Rights Clause in Contracts

Sufficient Rights. As of the Effective Date, it owns or Controls its Patent Rights, to conduct the Research Collaboration and to grant the rights and licenses to Pharmacopeia, and to fulfill its duties and obligations pursuant to this Agreement. To the knowledge of Organon, as of the Effective Date the rights and licenses granted to Pharmacopeia hereunder do not violate the rights of any Third Party to which Organon has granted a license.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Pharmacopeia Drug Discovery Inc), Collaboration and License Agreement (Pharmacopeia Inc)

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Sufficient Rights. As of the Effective Date, it owns or Controls its Patent Rights, to conduct the Research Collaboration and to grant the rights and licenses to PharmacopeiaOrganon, and to fulfill its duties and obligations pursuant to this Agreement. To the knowledge of OrganonPharmacopeia, as of the Effective Date the rights and licenses granted to Pharmacopeia Organon hereunder do not violate the rights of any Third Party to which Organon Pharmacopeia has granted a license.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Pharmacopeia Inc), Stock Purchase Agreement (Pharmacopeia Drug Discovery Inc)

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