Recall of Licensed Products Sample Clauses

Recall of Licensed Products. Licensor shall have the right (i) to compel Licensee to recall Licensed Products sold or otherwise distributed by Licensee; and (ii) to place a hold on future shipments of a Licensed Product sold or otherwise distributed by Licensee if Licensor has a reasonable basis to believe that the Licensed Products do not comply with the quality standards and other specifications set forth in this Agreement in a manner that can be reasonably expected to have a material adverse impact on (a) customer safety and/or satisfaction; (b) the function of the Licensed Product; (c) the quality of the Licensed Product; (d) the performance of the Licensed Product; or (e) if Packaging and Promotional Materials misrepresent the contents of the Licensed Product. Any recall required by Licensor shall be reasonable in scope. Licensee will maintain an effective means to quarantine, remove, and recall from the entire supply chain (starting from the Licensee’s factory and continuing through the end retail stores) any shipment, production lot, stock keeping unit (“SKU”), or any other Licensed Product found to be defective or non-compliant with the requirements of this Agreement. All costs and expenses associated with the recall shall be borne solely by Licensee, and Licensee shall reimburse Licensor any and all costs and expenses incurred as a result of any such recall.
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Recall of Licensed Products. (a) In the event that any Regulatory Authority issues or requests a recall or takes similar action in connection with the Licensed Products or in the event either Party determines that an event, incident or circumstance has occurred that may result in the need for a recall or market withdrawal, the Party notified of or desiring such recall or similar action shall, within twenty-four (24) hours, advise the other Party thereof by telephone (and confirm by email or facsimile), email or facsimile.
Recall of Licensed Products. In the event that the Licensed Products (a) pose a health or safety threat to the consumer or (b) are the subject of a finding by any governmental regulatory agency with jurisdiction and/or authority over the Licensed Products that the Licensed Products pose a health or safety threat to the consumer, Company shall, at its sole cost and expense, recall such Licensed Products from the marketplace. In the event (y) any Licensed Product is subject to a claim or inquiry by any governmental regulatory agency with jurisdiction and/or authority over the Licensed Products because of health or safety concerns or (z) upon Harmonix’s reasonable request as a result of reasonable concerns as to whether the Licensed Products pose a health or safety threat, Company shall, at its sole cost and expense, undertake reasonable evaluation and testing of the applicable Licensed Products and take commercially reasonable corrective steps to address the claim or inquiry, including enacting appropriate corrective measures to limit any negative publicity due to such claim or inquiry.

Related to Recall of Licensed Products

  • Marking of Licensed Products To the extent commercially feasible and consistent with prevailing business practices, Company shall xxxx, and shall cause its Affiliates and Sublicensees to xxxx, all Licensed Products that are manufactured or sold under this Agreement with the number of each issued patent under the Patent Rights that applies to such Licensed Product.

  • Licensed Products Lessee will obtain no title to Licensed Products which will at all times remain the property of the owner of the Licensed Products. A license from the owner may be required and it is Lessee's responsibility to obtain any required license before the use of the Licensed Products. Lessee agrees to treat the Licensed Products as confidential information of the owner, to observe all copyright restrictions, and not to reproduce or sell the Licensed Products.

  • Licensed Product “Licensed Product” shall mean any article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights. For clarity, a “Licensed Product” shall not include other product or material that (a) is used in combination with Licensed Product, and (b) does not constitute an article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights.

  • Product The term “

  • Licensed Territory Worldwide NIH Patent License Agreement—Exclusive APPENDIX C – ROYALTIES Royalties:

  • New Products You agree to comply with NASD Notice to Members 5-26 recommending best practices for reviewing new products.

  • Licensed Technology The term "Licensed Technology" shall mean the ------------------- Licensed Patents, plus all improvements thereto developed by Licensor, and all related data, know-how and technology.

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Product Marking LICENSEE agrees to xxxx the LICENSED PRODUCTs sold in the United States with all applicable United States patent numbers. All LICENSED PRODUCTs shipped to or sold in other countries shall be marked in such a manner as to conform with the patent laws and practices of the country of manufacture or sale.

  • Supply of Product The JDC shall be responsible for determining the sources of, and arrangements for, the manufacture and supply of Products that the JDC believes will result in long-term profit maximization for such Products. The JDC shall endeavor to [ * ].

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