Common use of Governmental Authority Contacts Clause in Contracts

Governmental Authority Contacts. Purchaser and the Company shall promptly give written notice to the other upon becoming aware of any action by, or notification or other information which it receives (directly or indirectly) from, any Governmental Authority in the United States (together with copies of correspondence related thereto), which (A) raises any material concerns regarding the safety or efficacy of the products of the Company, (B) which indicates or suggests potential material liability for either party to third parties arising in connection with the such products, or (C) which indicates a reasonable potential for a need to initiate a recall, market withdrawal or similar action; in each case with respect to the products sold by the Company on or prior to the Closing Date or products sold by Purchaser using any of the names and logos of the Company and all of its Affiliates.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Odyssey Health, Inc.), Asset Purchase Agreement (Oragenics Inc), Asset Purchase Agreement (Odyssey Group International, Inc.)

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Governmental Authority Contacts. Purchaser and the Company Seller shall promptly give written notice to the other upon becoming aware of any action by, or notification or other information which it receives (directly or indirectly) from, any Governmental Authority in the United States (together with copies of correspondence related thereto), which (A) raises any material concerns regarding the safety or efficacy of the products of the CompanyProducts, (B) which indicates or suggests potential material liability for either party to third parties arising in connection with the such productsProducts, or (C) which indicates a reasonable potential for a need to initiate a recall, market withdrawal or similar action; in each case with respect to the products Products sold by the Company Seller on or prior to the Closing Date or products Products sold by Purchaser using any of the names and logos of the Company and all of its AffiliatesSeller Names.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc), Asset Purchase Agreement (Collegium Pharmaceutical, Inc)

Governmental Authority Contacts. Purchaser and the Company Seller shall promptly give written notice to the other upon becoming aware of any action by, or notification or other information which it receives (directly or indirectly) from, any Governmental Authority in the United States Relevant Jurisdictions (together with copies of correspondence related thereto), which (Ai) raises any material concerns regarding the safety or efficacy of the products of the CompanyProducts, (Bii) which indicates or suggests a potential material liability for either party Party to third parties arising from or in connection with the such productsProducts, or (Ciii) which indicates a reasonable potential for a need to initiate a recall, market withdrawal or similar action; , in each case with respect to the products Products sold by the Company on or Seller prior to the Closing Date or products Products sold by Seller for the benefit of Purchaser using any of pursuant to the names and logos of the Company and all of its AffiliatesTransitional Business License Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vanda Pharmaceuticals Inc.)

Governmental Authority Contacts. Purchaser and the Company Seller shall promptly give written notice to the other upon becoming aware of any action by, or notification or other information which it receives (directly or indirectly) from, any Governmental Authority in the United States (together with copies of correspondence related thereto), which (A) raises any material concerns regarding the safety or efficacy of the products of the CompanyProducts, (B) which indicates or suggests a reasonably likely potential material liability for either party Party to third parties arising in connection with the such productsProducts, or (C) which indicates a reasonable potential for a need to initiate a recall, market withdrawal or similar action; , in each case with respect to the products Products sold by the Company on or Seller prior to the Closing Date or products Products sold by Purchaser using any of the names and logos of the Company and all of its AffiliatesSeller Names.

Appears in 1 contract

Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc)

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Governmental Authority Contacts. Purchaser and the Company Seller shall promptly give written notice to the other upon becoming aware of any action by, or notification or other information which it receives (directly or indirectly) from, any Governmental Authority in the United States Territory (together with copies of correspondence related thereto), which (Ai) raises any material concerns regarding the safety or efficacy of the products of the CompanyProducts, (Bii) which indicates or suggests a reasonably likely potential material liability for either party Party to third parties arising in connection with the such productsProducts, or (Ciii) which indicates a reasonable potential for a need to initiate a recall, market withdrawal or similar action; in each case with respect to the products Products sold by the Company on or Seller prior to the Closing Date or products Products sold by Purchaser using any of the names and logos of the Company and all of its AffiliatesSeller Names.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vivus Inc)

Governmental Authority Contacts. Purchaser and the Company Seller shall promptly give written notice to the other upon becoming aware of any action by, or notification or other information which it receives (directly or indirectly) from, any Governmental Authority in the United States (together with copies of correspondence related thereto), which (A) raises any material concerns regarding the safety or efficacy of the products of the CompanyProducts, (B) which indicates or suggests potential material liability for either party to third parties arising in connection with the such productsProducts, or (C) which indicates a reasonable potential for a need to initiate a recall, market withdrawal or similar action; in each case with respect to the products Products sold by the Company Seller on or prior to the Closing Date or products Products sold by Purchaser using any of the names and logos of the Company and all of its AffiliatesSeller Names. Confidential Information indicated by [***] has been omitted from this filing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Assertio Therapeutics, Inc)

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