Common use of Third Party Audits Clause in Contracts

Third Party Audits. Without limiting VIVUS’ obligations under this Agreement in any respect, Purchaser acknowledges that VIVUS’ audit rights in its manufacturing and supply agreements with Sanofi are limited to periodic audits to ensure that cGMPs continue to be followed. In the event that VIVUS or any Third Party licensee of VIVUS outside the Purchaser Territory proposes to conduct or conducts an audit of the facilities used by or on behalf of VIVUS or a VIVUS Affiliate or Third Party for the production, storage, or testing of Product to be sold to Purchaser under this Agreement, then VIVUS will provide immediate notice to Purchaser of such audit and VIVUS shall use its Commercially Reasonable Efforts to permit Purchaser to be able to be present for and participate in such audit.

Appears in 3 contracts

Samples: Commercial Supply Agreement (Petros Pharmaceuticals, Inc.), Commercial Supply Agreement (Vivus Inc), License and Commercialization Agreement (Vivus Inc)

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Third Party Audits. Without limiting VIVUS’s obligations under this Agreement in any respect, Purchaser acknowledges that VIVUS’s audit rights right in its manufacturing and supply agreements with Sanofi are the MTPC Agreement is limited to periodic audits to ensure that cGMPs continue to be followed. In the event that VIVUS or any Third Party licensee of VIVUS outside the Purchaser Territory proposes to conduct or conducts an audit of the facilities used by or on behalf of VIVUS or a VIVUS Affiliate or Third Party for the production, storage, or testing of Product to be sold to Purchaser under this Agreement, then VIVUS will provide immediate notice to Purchaser of such audit and VIVUS shall use its Commercially Reasonable Efforts commercially reasonable efforts to permit Purchaser to be able to be present for and participate in such audit.

Appears in 2 contracts

Samples: Commercial Supply Agreement (Auxilium Pharmaceuticals Inc), Commercial Supply Agreement (Vivus Inc)

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