Master Alliance Provisions Guide (MAPGuide)

University of Chile – MPP (C-TAP), COVID-19 Diagnostic Material & Know-How License Agreement

  • Liability | Representations & warranties

9. DECLARATIONS AND WARRANTIES

9.1 Parties Representations and Warranties. Each Party declares and warrants to the other Party as of the Effective Date that:

i. it has the legal right to conduct its business as now conducted and hereafter contemplated to be conducted; and

ii. has been duly authorized to execute this Agreement and that this Agreement constitutes a legal, valid and binding obligation enforceable against such Party in accordance with its terms except to the extent that enforceability may be limited by bankruptcy, insolvency or other similar situation affecting creditors’ rights; and

iii. Neither Party has granted or will grant to any third party any of its right, licence or interest in, to or under the Licensed Technology that would conflict with, limit, or adversely affect the Parties’ ability to comply with the terms of this Agreement.

9.2 Disclaimer of Warranties. Neither Party makes any declaration or warranty other than those expressly provided hereunder. The University does not make any representation or warranty that the use of any piece of information, of the Material or of the Licensed Know-how does not infringe any patent or other intellectual or property rights belonging to Third Parties.