Common use of Warranties and Representations Regarding the Patent Rights Clause in Contracts

Warranties and Representations Regarding the Patent Rights. JPPLP expressly warrants and represents as of the Execution Date that: (i) JPPLP exclusively owns or Controls all of the rights, title and interest in and to the JPPLP Patent Rights licensed to Barrier pursuant to Article 2; (ii) JPPLP owns or controls by agreement or license all rights, title and interest in and to the JPPLP Know-How licensed to Barrier pursuant to Article 3; and (iii) JPPLP has the full right and authority to enter into this Agreement and to carry out the transactions contemplated herein; (b) JPPLP has not previously assigned, transferred, conveyed or otherwise encumbered its right, title and interest in the Patent Rights and there are currently no existing license agreements for the Patent Rights that are in conflict with the licenses granted to Barrier under Article 2; and (c) There are no claims, judgments or settlements against or pending with respect to the Patent Rights, and to JPPLP's knowledge, no such claims, judgements or settlements are threatened.

Warranties and Representations Regarding the Patent Rights. JPPLP Barrier expressly warrants and represents as of the Execution Effective Date that:: ** Certain information in these exhibits has been omitted and will be filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request. (ia) JPPLP Barrier exclusively owns or Controls by agreement or license all of the rights, title and interest in and to the JPPLP Patent Rights licensed to and Barrier pursuant to Article 2; (ii) JPPLP owns or controls by agreement or license all rights, title and interest in and to the JPPLP Know-How licensed to Barrier JPPLP pursuant to Article 3; Articles 2 and (iii) JPPLP 3 and that it has the full right and authority to enter into this Agreement and to carry out the transactions contemplated herein; (b) JPPLP Barrier has not previously licensed, assigned, transferred, conveyed or otherwise encumbered its right, title and interest in the Patent Rights and there are currently no existing license agreements for the Patent Rights that are in conflict with the licenses granted to Barrier under Article 2Rights; and (ci) There are no claims, judgments or settlements against or pending with respect to the Barrier Patent Rights, (ii) to Barrier's knowledge, there are no claims, judgments or settlements against or pending with respect to the Itraconazole Patent Rights, and (iii) to JPPLPBarrier's knowledge, no such claims, judgements or settlements are threatened.