Common use of Regulatory Communications Clause in Contracts

Regulatory Communications. Each Party agrees to notify the other immediately by telephone (with prompt written follow-up) of any inquiry, contact or communication received from any governmental regulatory agency or other official body that materially and adversely relates to or impacts upon the Product(s) or any component or ingredient thereof, and will promptly furnish the other Party with copies of all written communications relating thereto sent to or received from said regulatory agency.

Regulatory Communications. Each Party party agrees to notify the other parties immediately by telephone (with prompt written follow-upup in English) of any inquiry, contact or communication received from any governmental regulatory agency or other official body that which materially and adversely relates to or impacts upon the Product(s) Venture Products or any component or ingredient thereof, and will promptly furnish the other Party parties with copies of all written communications relating thereto sent to or received from said regulatory agency.