Common use of Government Acts Clause in Contracts

Government Acts. In the event that any act, regulation, directive, or law of a government, including its departments, agencies or courts, (a “Government Act”) should make impossible or prohibit, restrain, modify or limit any material act or obligation of AAC or Baxter under this Manufacturing Agreement, the Party, not so affected shall have the right, at its option, to suspend or terminate this Manufacturing Agreement. Such right of suspension or termination may be exercised as to the country which committed the Government Act only if after thirty (30) days of good faith negotiations between the Parties, the Parties cannot agree to make such modifications to this Manufacturing Agreement as may be necessary to fairly address the Government Act.

Government Acts. In the event that any act, regulation, directive, or law of a government, including its departments, agencies or courts, courts (a “Government Act”) ), should make impossible or prohibit, restrain, modify or limit any material act or obligation of AAC or Baxter under this Manufacturing Distribution and License Agreement, the Party, Party not so affected shall have the right, at its option, to suspend or terminate this Manufacturing Distribution and License Agreement. Such right of suspension or termination may be exercised as to the country which committed the Government Act only if after thirty (30) days of good faith negotiations between the Parties, the Parties cannot agree to make such modifications to this Manufacturing Distribution and License Agreement as may be necessary to fairly address the Government Act.

Government Acts. In the event that any act, regulation, directive, or law of a government, including its departments, agencies or courts, courts (a “Government Act”) ), should make impossible or prohibit, restrain, modify or limit any material act or obligation of AAC or Baxter Xxxxxx under this Manufacturing Distribution and License Agreement, the Party, Party not so affected shall have the right, at its option, to suspend or terminate this Manufacturing Distribution and License Agreement. Such right of suspension or termination may be exercised as to the country which committed the Government Act only if after thirty (30) days of good faith negotiations between the Parties, the Parties cannot agree to make such modifications to this Manufacturing Distribution and License Agreement as may be necessary to fairly address the Government Act.