Common use of Warranties by Both Parties Clause in Contracts

Warranties by Both Parties. Each party represents and warrants to the other that such party has the right, power and authority to enter into this Agreement and to perform its obligations hereunder, and that such performance will not violate any other agreement or understanding by which such party is bound.

Appears in 13 contracts

Samples: Oled Patent License Agreement (Universal Display Corp \Pa\), Oled Patent License Agreement (Universal Display Corp \Pa\), Oled Patent License Agreement (Universal Display Corp \Pa\)

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Warranties by Both Parties. Each party Party represents and warrants to the other that such party Party has the right, power and authority to enter into this Agreement and to perform its obligations hereunder, and that such performance will not violate any other agreement or understanding by which such party Party is bound.

Appears in 5 contracts

Samples: Definitive Agreement (Novaled AG), Oled Technology License Agreement (Universal Display Corp \Pa\), Oled Technology License Agreement (Universal Display Corp \Pa\)

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Warranties by Both Parties. Each party represents and warrants to the other party that such party it has the right, power and authority right to enter into this Agreement and to perform its obligations hereunder, and that such performance will not violate any other agreement or understanding hereunder in the manner contemplated by which such party is boundthis Agreement.

Appears in 3 contracts

Samples: End User License Agreement, End User License Agreement, End User License Agreement

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