Common use of Future Investigations Clause in Contracts

Future Investigations. Upon being contacted by any Regulatory Authority in connection with any general inspection of any kind or in relation to the Shire Product, (including periodic random or for-cause audits or investigations of either Party, its Affiliate’s or any CSO or the Sales Force activity relating to Shire Product), Impax and Shire shall, and shall procure that each of its Affiliates and any CSO shall: (a) immediately inform the other Party of the nature of the inspection or audit and the circumstances surrounding such inspection or audit; (b) periodically update the other Party on the status of the inspection or audit; (c) promptly respond to the Regulatory Authority to the extent necessary to comply with its obligations under applicable Law after consultation with legal counsel and the other Party; and (d) cooperate in good faith with any Regulatory Authority inspections, provided that, the foregoing shall not be construed to prevent a Party in any way from complying with its obligations under any applicable Law.