Common use of Compliance and Investigations Clause in Contracts

Compliance and Investigations. Impax covenants and warrants that: (a) each Sales Force member shall promote, market and sell the Shire Product in accordance with all applicable Laws, including but not limited to the OIG Guidance and the PhRMA Code; (b) there are no pending or threatened investigations or enforcement actions by any Regulatory Authorities against it or its Affiliates in which it is alleged or under investigation that Impax or its Affiliates has engaged in any fraudulent or unlawful activity; and (c) it and its Affiliates have policies and procedures that address Regulatory Authority inspections of any kind, including a “for-cause-audit”.