Common use of REPRESENTATIONS AND WARRANTIES OF TDCC Clause in Contracts

REPRESENTATIONS AND WARRANTIES OF TDCC. TDCC represents and warrants to Biosource that: 10.2.1 TDCC is a corporation duly organized, validly existing and in corporate good standing under the laws of Delaware. 10.2.2 TDCC has the legal right, authority and power to enter into this Agreement, and to extend the rights and licenses granted to Biosource in this Agreement. 10.2.3 TDCC has taken all necessary action to authorize the execution, delivery and performance of this Agreement. 10.2.4 This Agreement shall constitute a valid and binding obligation of TDCC enforceable in accordance with its terms. 10.2.5 The performance of its obligations under this Agreement will not conflict with TDCC's charter documents or result in a breach of any agreements, contracts or other arrangements to which it is a party. 10.2.6 The representations and warranties set forth in Section 10.2.4 shall survive the closing of the transactions contemplated in this Agreement. 10.2.7 In the event any representation or warranty set forth in Section 10.2.4 is determined to be false as of the Effective Date in any respect material to this Agreement, this shall be considered a material breach of this Agreement.