Common use of Assumption of Regulatory Obligations Clause in Contracts

Assumption of Regulatory Obligations. In furtherance of and not in limitation of the assumption of the Assumed Liabilities, from the Closing Date, Purchaser will be solely responsible for obtaining and maintaining all Permits, Real Property Permits and Health Care Approvals regarding the Business, as well as all ongoing regulatory compliance relating thereto (including the reporting of adverse events).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Laboratory Corp of America Holdings), Asset Purchase Agreement (Genzyme Corp)

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Assumption of Regulatory Obligations. 7.8.1 In furtherance of and not in limitation of the assumption of the Assumed Liabilities, from following the Closing DateClosing, Purchaser will be solely responsible for obtaining and maintaining all Permits, Real Property Permits and Health Care Approvals regarding Product Registrations in connection with the Business, as well as all ongoing regulatory compliance relating thereto (including the reporting of adverse events).

Appears in 1 contract

Samples: Asset Purchase Agreement (Kindred Biosciences, Inc.)

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Assumption of Regulatory Obligations. In furtherance of and not in limitation of the assumption of the Assumed Liabilities, from and after the Closing Date, Purchaser will be solely responsible for obtaining and maintaining all Permits, Real Property Permits and Health Care Approvals regarding the Business, as well as all ongoing regulatory compliance relating thereto (including the reporting of adverse events).

Appears in 1 contract

Samples: Asset Purchase Agreement (Aastrom Biosciences Inc)

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