Grant of Authority. Each Party represents and warrants that it has authority to delegate the duties concerning the Joint Invention as set forth in Section 3, 4 and 5 to the Managing Party. The Managing Party represents and warrants to each Other Party that it is has the power and authority to act on behalf of all Other Parties as the Managing Party with respect to its designated duties respecting the Joint Invention.
Appears in 6 contracts
Sources: Joint Invention Management Agreement, Joint Invention Management Agreement, Inter Institutional Agreement for Joint Invention Management
Grant of Authority. Each Party represents and warrants that it has authority to delegate the duties concerning the Joint Invention as set forth in Section 3, 4 and 5 to the Managing Party. The Managing Party represents and warrants to each Other Party that it is has the power and authority to act on behalf of all Other Parties as the Managing Party with respect to its designated duties respecting the Joint Invention.
Appears in 2 contracts
Sources: Inter Institutional Agreement for Joint Invention Management, Material and Data Transfer Agreement