Common use of Anti-Bribery and Anti-Corruption Compliance Clause in Contracts

Anti-Bribery and Anti-Corruption Compliance. Licensee agrees, on behalf of itself, its officers, directors and employees and on behalf of its Affiliates, agents, representatives, consultants and subcontractors hired in connection with the subject matter of this Agreement (“Representatives”) that for the performance of its obligations hereunder: 7.6.1 Licensee and its Representatives shall comply with the Anti- Corruption Laws and shall not take any action that will, or would reasonably be expected to, cause AstraZeneca or its Affiliates to be in violation of any Anti-Corruption Laws; and 7.6.2 Licensee shall promptly provide AstraZeneca with written notice of the following events: (a) upon becoming aware of any breach or violation by Licensee or its Representative of any representation, warranty or undertaking set forth in Section 7.6.1, or (b) upon receiving notification that it is the target of an investigation or inquiry by a governmental authority for an Anti-Corruption Law Violation or upon receipt of information from any of its Representatives connected with this Agreement that any of them is the target of an investigation or inquiry by a governmental authority for an Anti- Corruption Law Violation.

Appears in 2 contracts

Samples: License Agreement (Arcutis Biotherapeutics, Inc.), License Agreement (Arcutis Biotherapeutics, Inc.)

AutoNDA by SimpleDocs

Anti-Bribery and Anti-Corruption Compliance. Licensee agrees, on behalf of itself, its officers, directors and employees and on behalf of its Affiliates, agents, representatives, consultants and subcontractors hired in connection with the subject matter of this Agreement (“Representatives”) that for the performance of its obligations hereunder: 7.6.1 7.6.1. Licensee and its Representatives shall comply with the Anti- Anti-Corruption Laws and shall not take any action that will, or would reasonably be expected to, cause AstraZeneca MedImmune or its Affiliates to be in violation of any Anti-Corruption Laws; and 7.6.2 7.6.2. Licensee shall promptly provide AstraZeneca MedImmune with written notice of the following events: (a) upon becoming aware of any breach or violation by Licensee or its Representative of any representation, warranty or undertaking set forth in Section 7.6.1, or (b) upon receiving a formal notification that it is the target of an a formal investigation or inquiry by a governmental authority for an a Material Anti-Corruption Law Violation or upon receipt of information from any of its Representatives connected with this Agreement that any of them is the target of an a formal investigation or inquiry by a governmental authority for an Anti- a Material Anti-Corruption Law Violation.

Appears in 1 contract

Samples: License Agreement (Aridis Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Anti-Bribery and Anti-Corruption Compliance. Licensee agrees, on behalf of itself, its officers, directors and employees and on behalf of its Affiliates, agents, representatives, consultants and subcontractors hired in connection with the subject matter of this Agreement (“Representatives”) that for the performance of its obligations hereunder: 7.6.1 11.6.1 Licensee and its Representatives shall comply with the Anti- Anti-Corruption Laws and shall not take any action that will, or would reasonably be expected to, cause AstraZeneca Licensor or its Affiliates to be in violation of any Anti-Corruption Laws; and 7.6.2 11.6.2 Licensee shall promptly provide AstraZeneca Licensor with written notice of the following events: (a) upon becoming aware of any breach or violation by Licensee or its Representative of any representation, warranty or undertaking set forth in Section 7.6.111.6.1, or (b) upon receiving a formal notification that it is the target of an a formal investigation or inquiry by a governmental authority for an a Material Anti-Corruption Law Violation or upon receipt of information from any of its Representatives connected with this Agreement that any of them is the target of an a formal investigation or inquiry by a governmental authority for an Anti- a Material Anti-Corruption Law Violation.

Appears in 1 contract

Samples: License Agreement (Monopar Therapeutics)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!