Common use of Regulatory Transfer Letters Clause in Contracts

Regulatory Transfer Letters. Within [*] Business Days of the Agreement Date, Merck Serono and BioMarin shall commence filing with all applicable Governmental Bodies the Merck Serono Regulatory Transfer Letters and the BioMarin Regulatory Transfer Letters, respectively, transferring the rights to the Regulatory Approvals, the Transferred Clinical Trial Authorizations and the Transferred Orphan Designations and to applications therefor to BioMarin or its designated Affiliate, in each case, effective as of, or as soon as reasonably practicable following, the License Termination Date. BioMarin shall accept, and such acceptance by BioMarin may not be delayed by BioMarin without Merck Serono’s consent, not to be unreasonably withheld, any transferred Regulatory Approvals, Transferred Clinical Trial Authorizations or Transferred Orphan Designations.

Regulatory Transfer Letters. Within [*] Business Days of the Agreement Date, Merck Serono and BioMarin shall commence filing with all applicable Governmental Bodies the Merck Serono Regulatory Transfer Letters and the BioMarin Regulatory Transfer Letters, respectively, transferring the rights to the Regulatory Approvals, the Transferred Clinical Trial Authorizations and the Transferred Orphan Designations and to applications therefor to BioMarin or its designated Affiliate, in each case, effective as of, or as soon as reasonably practicable following, the License Termination DateTransfer Time. BioMarin shall accept, and such acceptance by BioMarin may not be delayed by BioMarin without Merck Serono’s consent, not to be unreasonably withheld, any transferred Regulatory Approvals, Transferred Clinical Trial Authorizations or Transferred Orphan Designations.