Common use of REPRESENTATIONS, WARRANTIES AND CERTAIN COVENANTS Clause in Contracts

REPRESENTATIONS, WARRANTIES AND CERTAIN COVENANTS. 7.1 MRC and RainDance each represents, warrants and covenants to the other Party that: (a) it has the right to enter into this Agreement and that it is not and will not be party to any other agreement that would limit its performance hereunder; and (b) the terms of this Agreement do not conflict with, and would not result in the breach under any agreement to which it is or will be a party that would have a material adverse effect on its ability to perform its obligations under this Agreement. 7.2 MRC represents and warrants it has, and will continue to have during the Term, the right to grant RainDance the rights it grants to RainDance hereunder. 7.3 RainDance represents and warrants that it complies with, and will continue to comply with, all applicable laws, rules, and regulations applicable to its exercise of the rights granted to it hereunder. 7.4 MRC MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITH RESPECT TO THE LICENSED PATENT RIGHTS, AND HEREBY DISCLAIMS ANY AND ALL SUCH WARRANTIES, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, VALUE, RELIABILITY, ACCURACY, SUITABILITY AND FITNESS FOR A PARTICULAR PURPOSE, OR AS TO THE VALIDITY OR SCOPE OF THE LICENSED PATENT RIGHTS.

Appears in 2 contracts

Sources: Exclusive License Agreement (Raindance Technologies Inc), Exclusive License Agreement (Raindance Technologies Inc)