Common use of No Representation of Licensed Patent Clause in Contracts

No Representation of Licensed Patent. Graphite also acknowledges that Stanford does not represent or warrant: (A) the validity or scope of any Optioned Patent or Optioned Technology; or (B) that the exploitation of the Optioned Patents or Optioned Technology will be successful.

Appears in 2 contracts

Sources: Exclusive Option Agreement (Graphite Bio, Inc.), Exclusive Option Agreement (Graphite Bio, Inc.)

No Representation of Licensed Patent. Graphite also acknowledges that Stanford does not represent or warrant: (A) the validity or scope of any Optioned Licensed Patent or Optioned Technology; or (B) that the exploitation of the Optioned Licensed Patents or Optioned Technology will be successful.

Appears in 2 contracts

Sources: Exclusive License Agreement (Graphite Bio, Inc.), Exclusive License Agreement (Graphite Bio, Inc.)