Teva’s Representations and Warranties. 10.2.1 Teva hereby represents and warrants to Alvotech that as of the Effective Date:
Teva’s Representations and Warranties. Teva represents and warrants to Plaintiffs that, as of the Effective Date, (i) Teva or its Affiliates own all right, title and interest in, to and under the Teva ANDA, and Teva and its Affiliates have not granted or assigned to any Third Party, directly or indirectly, any rights under or to the Teva ANDA or Teva Product, (ii) except as provided for in Section 15.03, Teva and its Affiliates will not transfer ownership, in whole or in part, of the Teva ANDA, except to an Affiliate of Teva or to a successor to all or substantially all of the business to which this Settlement Agreement pertains, until the expiration of the license granted herein, and (iii) Teva has the right to settle the Lawsuit.
