Common use of Remedial Actions Clause in Contracts

Remedial Actions. Each Party shall notify the other Party immediately, and promptly confirm such notice in writing, if it obtains information indicating that a Licensed Product may be subject to any recall, corrective action, or other regulatory action with respect to the Licensed Product taken by virtue of Applicable Laws (a “Remedial Action”). The Parties shall assist each other in gathering and evaluating such information as is necessary to determine the necessity of conducting a Remedial Action.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Axovant Sciences Ltd.), License and Collaboration Agreement (Benitec Biopharma LTD/ADR), License Agreement (Urovant Sciences Ltd.)

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Remedial Actions. Each Party shall will notify the other Party immediately, and promptly confirm such notice in writing, if it obtains information (including notice by a Regulatory Authority) indicating that a any Licensed Product may be subject to any recall, corrective action, or other similar regulatory action with respect to the Licensed Product taken by virtue of Applicable Laws Law (each a “Remedial Action”). The Parties Each Party shall assist each other in gathering and evaluating such information as is necessary have the right to determine the necessity of conducting to conduct a Remedial ActionAction in its respective Territory, provided [*].

Appears in 1 contract

Samples: Exclusive License Agreement (Day One Biopharmaceuticals, Inc.)

Remedial Actions. Each Party shall notify the other Party immediately, and promptly confirm such notice in writing, if it obtains information indicating that a Licensed Product may be subject to any recall, corrective action, or other regulatory action with respect to the Licensed Product taken by virtue of Applicable Laws (a “Remedial Action”). The Parties iNtRON shall assist each other provide any assistance reasonably requested by Lysovant in connection with its gathering and evaluating such information as is necessary to determine the necessity of conducting a Remedial Action. Lysovant shall be solely responsible for conducting any Remedial Action, [***] to provide any related assistance.

Appears in 1 contract

Samples: License Agreement (Roivant Sciences Ltd.)

Remedial Actions. Each Party shall notify the other Party immediately, and promptly confirm such notice in writing, if it obtains information indicating that a Licensed Product may reasonably be expected to be subject to any recall, corrective action, or other regulatory action with respect to the Licensed Product taken by virtue of Applicable Laws (a “Remedial Action”). The Parties shall assist each other in gathering and evaluating such information as is necessary to determine the necessity of conducting a Remedial Action.

Appears in 1 contract

Samples: License Agreement (Roivant Sciences Ltd.)

Remedial Actions. Each Party shall notify the other Party immediately, and promptly confirm such notice in writing, if it obtains information indicating that a Licensed Product may be subject to any recall, corrective action, or other regulatory action with respect to the Licensed Product taken by virtue of Applicable Laws (a “Remedial Action”). The Parties shall assist each other in gathering and evaluating such information as is necessary to determine the necessity of conducting a Remedial Action.

Appears in 1 contract

Samples: Exclusive License Agreement (Neos Therapeutics, Inc.)

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Remedial Actions. Each Party shall will notify the other Party immediately, and promptly confirm such notice in writing, writing [*] if it obtains information (including notice by a Regulatory Authority) indicating that a any Licensed Product may be subject to any recall, corrective action, or other similar regulatory action with respect to the Licensed Product taken by virtue of Applicable Laws Law (each a “Remedial Action”). The Parties Subject to the terms and conditions of the Supply Agreement, each Party shall assist each other in gathering and evaluating such information as is necessary have the right to determine the necessity of conducting to conduct a Remedial ActionAction in its respective territory, provided that [*].

Appears in 1 contract

Samples: Exclusive License Agreement (Day One Biopharmaceuticals, Inc.)

Remedial Actions. Each Party shall will notify the other Party immediately, and promptly confirm such notice in writing, if it obtains information indicating that a any Licensed Product may be subject to any recall, corrective action, action or other regulatory action with respect to the a Licensed Product taken by virtue of Applicable Laws (a “Remedial Action”). The Parties shall will assist each other in gathering and evaluating such information as is necessary to determine the necessity of conducting a Remedial Action.

Appears in 1 contract

Samples: Exclusive License Agreement (Brooklyn ImmunoTherapeutics, Inc.)

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