Common use of Recalls and Withdrawals Clause in Contracts

Recalls and Withdrawals. Unless otherwise required by Applicable Law, Licensee shall not institute a recall or other market withdrawal of Licensed Product without first providing prior written notice to MPP and Shionogi, such notice to set forth the basis of the recall and market withdrawal. In the event that Licensee receives any notice from an Agency requesting or otherwise directing Licensee to initiate a recall or other market withdrawal of Licensed Product, Licensee shall immediately, but in any event within 24 hours of its receiving such notice, provide any such notice to MPP and Shionogi. Notwithstanding the obligations set forth herein, Licensee shall be solely responsible and liable for any recall or other market withdrawal of Licensed Product in the Territory and in no event shall Shionogi or MPP have any liability with respect thereto.

Appears in 4 contracts

Samples: License Agreement, License Agreement, License Agreement

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Recalls and Withdrawals. Unless otherwise required by Applicable Law, Licensee shall not institute a recall or other market withdrawal of Licensed Product without first providing prior written notice to MPP and Shionogi, such notice to set forth the basis of the recall and market withdrawal. In the event that Licensee receives any notice from an Agency requesting or otherwise directing Licensee to initiate a recall or other market withdrawal of Licensed Product, Licensee shall immediately, but in any event within 24 hours of its receiving such notice, provide any such notice to MPP and Shionogi. Notwithstanding the obligations set forth herein, Licensee shall be solely responsible and liable for any recall or other DocuSign Envelope ID: CA69B741-C435-4DB2-9D40-D4529C9174DE market withdrawal of Licensed Product in the Territory and in no event shall Shionogi or MPP have any liability with respect thereto.

Appears in 1 contract

Samples: License Agreement

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Recalls and Withdrawals. β€Œ Unless otherwise required by Applicable Law, Licensee shall not institute a recall or other market withdrawal of Licensed Product without first providing prior written notice to MPP and Shionogi, such notice to set forth the basis of the recall and market withdrawal. In the event that Licensee receives any notice from an Agency requesting or otherwise directing Licensee to initiate a recall or other market withdrawal of Licensed Product, Licensee shall immediately, but in any event within 24 hours of its receiving such notice, provide any such notice to MPP and Shionogi. Notwithstanding the obligations set forth herein, Licensee shall be solely responsible and liable for any recall or other market withdrawal of Licensed Product in the Territory and in no event shall Shionogi or MPP have any liability with respect thereto.

Appears in 1 contract

Samples: License Agreement

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