Common use of Litigation or Investigations Clause in Contracts

Litigation or Investigations. The Company shall promptly notify Purchaser of (i) any action, demand, suit, claim, cause of action, proceeding or investigation pending or, to the best knowledge of the Company, threatened by or against the Company, or (ii) proceeding or inquiry of any Governmental Authority pending or, to the best knowledge of the Company, threatened against the Company, related to any Material Contract, the Product, the Patents or any Transaction Document.

Appears in 5 contracts

Samples: Revenue Interests Purchase Agreement, Revenue Interests Purchase Agreement, Revenue Interests Purchase Agreement (AxoGen, Inc.)

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Litigation or Investigations. The Company shall promptly notify Purchaser of (i) any action, demand, suit, claim, cause of action, proceeding or investigation pending or, to the best knowledge Knowledge of the Company, threatened by or against the CompanyCompany or any of its Subsidiaries, or (ii) proceeding or inquiry of any Governmental Authority pending or, to the best knowledge Knowledge of the Company, threatened against the CompanyCompany or any of its Subsidiaries, related to any Material Contract, the Product, the Material Patents or any Transaction Document.

Appears in 3 contracts

Samples: Revenue Interest Assignment Agreement, Revenue Interest Assignment Agreement (Ariad Pharmaceuticals Inc), Revenue Interest Assignment Agreement (PDL Biopharma, Inc.)

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Litigation or Investigations. The Company shall promptly notify Purchaser of (i) any action, demand, suit, claim, cause of action, proceeding or investigation pending or, to the best knowledge Knowledge of the Company, threatened by or in writing against the CompanyCompany or its Subsidiaries, or (ii) proceeding or inquiry of any Governmental Authority pending or, to the best knowledge Knowledge of the Company, threatened in writing against the Company, in each case that is related to any Material Contract, the Product, the Material Patents or any Transaction Document, in each case, that would reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Revenue Interest Financing Agreement (Athenex, Inc.)

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