Valid License. Each Party owns or Controls under valid licenses with right of sublicense all of the rights, title and interest in and to its Know-How. Each Party warrants that to the best of its knowledge, except as otherwise disclosed, no license, sublicense or any of its Patents for which the other Party is granted rights hereunder is invalid as of the Effective Date and each Party will inform the other Party immediately if it makes any determination to the contrary.
Appears in 3 contracts
Samples: Collaboration Agreement (Signal Pharmaceuticals Inc), Collaboration Agreement (Signal Pharmaceuticals Inc), Collaboration Agreement (Signal Pharmaceuticals Inc)
Valid License. Each Party owns or Controls under valid licenses with right of sublicense all of the rights, title and interest in and to its Know-How. Each Party warrants that to the best of its knowledge, except as otherwise disclosed, no license, sublicense or any of its Patents for which the other Party is granted rights hereunder is invalid as of the Effective Date and each Party will shall inform the other Party immediately promptly if it makes any determination to the contrary.
Appears in 1 contract
Samples: Joint Development and Commercialization Agreement (Signal Pharmaceuticals Inc)
