Transfer of Manufacturing. Purchaser shall use commercially reasonable efforts to obtain, as promptly as practical after the Closing Date, all approvals necessary from the Regulatory Authority to manufacture the Product and the Drug Substance independently from Novartis. The Purchaser shall assume its own manufacturing (or sourcing from a Third Party) of the Drug Substance and the Product, as the case may be, promptly upon receipt of such approvals but in no event later than three (3) years after the Closing Date.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Warner Chilcott PLC)
Transfer of Manufacturing. Purchaser shall use commercially reasonable efforts to obtain, as obtain promptly as practical after the Closing Date, all approvals necessary from the Regulatory Authority Authorities to manufacture the Product and the Drug Substance independently from Novartis. The Purchaser shall assume its own manufacturing (or sourcing from a Third Party) of the Drug Substance and the Product, as immediately upon transfer of the case may beMarketing Authorization on a country-by-country basis, promptly upon receipt of such approvals but and in no event later than three (3) years after from the Closing Date.. * * * * * *
Appears in 1 contract
Samples: Asset Purchase Agreement (Merus Labs International Inc.)
Transfer of Manufacturing. Purchaser shall use commercially reasonable efforts to obtain, as obtain promptly as practical after the Closing Date, all approvals necessary from the Regulatory Authority Authorities to manufacture the Product and the Drug Substance independently from Novartis. The Purchaser shall assume its own manufacturing (or sourcing from a Third Party) of the Drug Substance and the Product, as immediately upon transfer of the case may beMarketing Authorization on a country-by-country basis, promptly upon receipt of such approvals but in no event later than three (3) years after the Closing Date.***
Appears in 1 contract
Samples: Asset Purchase Agreement (Merus Labs International Inc.)