Common use of Warranty by Licensee Clause in Contracts

Warranty by Licensee. Licensee represents and warrants to Licensor as of the Execution Date that: 8.2.1 Licensee has the right, power, and authority to enter into this Agreement and to grant the rights granted by it hereunder; 8.2.2 This Agreement when executed shall become the legal, valid, and binding obligation of it, enforceable against it, in accordance with its terms; 8.2.3 Licensee has the ability and the resources, including financial resources, necessary to carry out its obligations under this Agreement; and 8.2.4 There are no actions, suits, proceedings, or arbitrations pending or, to Licensee’s knowledge, threatened against Licensee that would impact activities under this Agreement.

Appears in 7 contracts

Samples: Option and License Agreement (Ultragenyx Pharmaceutical Inc.), Option and License Agreement (Dimension Therapeutics, Inc.), Option and License Agreement (REGENXBIO Inc.)

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Warranty by Licensee. Licensee represents and warrants to Licensor as of the Execution Effective Date that: 8.2.1 Licensee has the right, power, and authority to enter into this Agreement and to grant the rights granted by it hereunder; 8.2.2 This Agreement when executed shall become the legal, valid, valid and binding obligation of it, enforceable against it, in accordance with its terms; 8.2.3 Licensee has the ability and the resources, including financial resources, necessary to carry out its obligations under this Agreement; and 8.2.4 There are no actions, suits, proceedings, or arbitrations pending or, to the Licensee’s knowledge, threatened against Licensee that would impact activities under this Agreement.

Appears in 2 contracts

Samples: License Agreement (Dimension Therapeutics, Inc.), License Agreement (Dimension Therapeutics, Inc.)

Warranty by Licensee. Licensee represents and warrants to Licensor as of the Execution Date that: 8.2.1 Licensee has the right, power, and authority to enter into this Agreement and to grant the rights granted by it hereunder; 8.2.2 This Agreement when executed shall become the legal, valid, and binding obligation of it, enforceable against it, in accordance with its terms; 8.2.3 Licensee has the ability and the resources, including financial resources, necessary to carry out its obligations under this Agreement; and 8.2.4 There are no actions, suits, proceedings, or arbitrations pending or, to Licensee’s knowledge, threatened against Licensee that would impact activities under this Agreement.. *** Confidential Treatment Requested ***

Appears in 1 contract

Samples: Option and License Agreement

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Warranty by Licensee. Licensee represents and warrants to Licensor as of the Execution Effective Date that: 8.2.1 Licensee has the right, power, and authority to enter into this Agreement and to grant the rights granted by it hereunder; 8.2.2 This Agreement when executed shall become the legal, valid, valid and binding obligation of it, enforceable against it, in accordance with its terms; 8.2.3 Licensee has the ability and the resources, including financial resources, necessary to carry out its obligations under this Agreement; andand *** Confidential Treatment Requested *** 8.2.4 There are no actions, suits, proceedings, or arbitrations pending or, to the Licensee’s knowledge, threatened against Licensee that would impact activities under this Agreement.

Appears in 1 contract

Samples: License Agreement (Ultragenyx Pharmaceutical Inc.)

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