Common use of Length of the Agreement Clause in Contracts

Length of the Agreement. This Agreement is effective for a period beginning on the date on which the Information is filed and ending three (3) years from that date (the “Term”), except for the obligations set forth in Paragraphs 6–7 below. Sandoz agrees that in the event that the United States determines, in its sole discretion, that Sandoz or its subsidiary Fougera Pharmaceuticals, Inc. (“Fougera”) have violated any provision of this Agreement, an extension or extensions of the term of the Agreement may be imposed by the United States, in its sole discretion, for up to a total additional time period of one year, without prejudice to the United States’ right to proceed as provided in Paragraphs 17–21 below. Any extension of the Agreement extends all terms of this Agreement for an equivalent period.

Appears in 4 contracts

Samples: Deferred Prosecution Agreement, Deferred Prosecution Agreement, Deferred Prosecution Agreement

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