Product withdrawal definition

Product withdrawal means the recall or withdrawal:
Product withdrawal means removal of Product from the market in any country on grounds of public health or safety resulting in discontinuation of all or substantially all distribution of Product in such country. Product Withdrawal does not include a Recall.
Product withdrawal means a firm's removal from further sale or use, or correction of a marketed product that does not violate legislation administered by the FDA. It is not considered to be a recall.

Examples of Product withdrawal in a sentence

  • With respect to a Product Withdrawal within the Territory, immediately after receipt of such notification, the JSC (or its co-chairpersons) shall discuss and, unless the Product Withdrawal is mandated by a Regulatory Authority, shall attempt to agree on whether to voluntarily implement the Product Withdrawal within the Territory.

  • Otsuka shall be responsible and have final decision making authority in the Shared Territory and the Otsuka Territory, and Acucela shall be responsible in the Acucela Territory and have final-decision-making authority in the Acucela Territory, for the management and implementation of Product Recall (which, for the avoidance of doubt, shall not include Product Withdrawal).

  • ARIAD SWISSCO or its Sublicensees shall carry out such Product Withdrawal activities in consultation with ARIAD US, in a manner which enables the Parties to meet their respective Regulatory Requirements as expeditiously as possible, and in compliance with all Applicable Laws.

  • If either Otsuka or Acucela discovers or becomes aware of any fact, condition, circumstance or event (whether actual or potential) concerning or related to Collaboration Product that may reasonably require Product Withdrawal or a “Dear Doctor” letter related to Collaboration Product in any country in the Territory, such Party shall communicate such fact, condition, circumstance or event promptly to the other Party.

  • In the event of a mandated or voluntary Product Withdrawal in the Territory, the Parties will consider whether such action is necessary also in the Reserved Territory.


More Definitions of Product withdrawal

Product withdrawal means the recall or withdrawal of "your products", or products which contain "your products", from the market or from use, by any other person or organization, because of a known or suspected "defect" in "your product", or a known or suspected "product tampering", which has caused or is reasonably expected to cause "bodily injury" or physical injury to tangible property.
Product withdrawal means any widespread withdrawal of Collaboration Product from a country after Launch Date for health or safety reasons (but not a mere Product Recall).
Product withdrawal shall have the meaning as such term is defined in Section 5.7 of this Agreement.
Product withdrawal means removal of a Licensed Product from the market in any country in the Territory on the grounds of public health or safety that results in discontinuation of all or substantially all distribution of such Licensed Product in such country in the Territory. Product Withdrawal does not include a Limited Recall.
Product withdrawal means a recall of Finished Products which occurs whilst the Finished Products are at one of theCustomer’s manufacturing sites;
Product withdrawal means the recall or withdrawal from the market or from use by any other person or organization of "your products", or products which contain "your products", because of:
Product withdrawal means the recall or withdrawal:a. From the market; orb. From use by any other person or organization; of "your products", or products which contain "your products", because of known or suspected "defects" in "your product", or known or suspected "product tampering", which has caused or is reasonably expected to cause "bodily injury" or physical injury to tangible property other than "your product". For the purposes of this insurance, electronic data is not tangible property.As used in this definition, electronic data means information, facts or programs stored as or on, created or used on, or transmitted to or from computer software, including systems and applications software, hard or floppy disks, CD-ROMS, tapes, drives, cells, data processing devices or any other media which are used with electronically controlled equipment. 3.「生産物回収」とは、 a.市場からのまたはb.自然人もしくは法人により使用されている状態からの次のリコールまたは回収をいいます。「生産物」またはこれを含む製品について、「身体の障害」または有体物(「生産物」を除きます。)の物理的損壊を発生させ、または発生させると合理的に予測される「生産物」の「欠陥」または「生産物汚染」が判明しまたは疑われることによるもの。この保険契約において、電子データは、有体物ではありません。この定義において使用される電子データとは、情報、事実またはプログラムであって、電子的に制御された装置で使用されるコンピュータソフトウェア(システムおよびアプリケーションソフトを含みます。)、ハードディスク、フロッピーディスク、CD-ROM、テープ、ドライブ、セル、データ処理機器その他の記録媒体において保存され、作り出され、使用されまたは伝達されるものをいいます。 4. "Product withdrawal expenses" means those reasonable and necessary extra expenses, listed below, paid and directly related to a "product withdrawal":a. Costs of notification;b. Costs of stationery, envelopes, production of announcements and postage or facsimiles;c. Costs of overtime paid to regular non-salaried employees and costs incurred by employees, including costs of transportation and accommodations;d. Costs of computer time;e. Costs of hiring independent contractors and other temporary employees;f. Costs of transportation, shipping or packaging;g. Costs of warehouse or storage space;h. Costs of proper disposal of "your products", or products that contain "your products", that can not be reused, not exceeding your purchase price or your cost to produce the products; ori. Compensatory damages for the costs described in a. through h. above incurred by a third party that conducts or participates in a "product withdrawal".5. "Profit" means the positive gain from business operation after subtracting for allexpenses. 4.「生産物回収費用」とは、次に掲げる合理的かつ必要な超過費用であって、既に支払われかつ「生産物回収」に直接的に関係するものをいいます。a.社告費用b.文具、封筒、文書作成、郵便、ファクシミリの費用c.正規の非定額給従業員に支払われた超過勤務手当ておよび従業員により支出された交通費および宿泊費などの費用d.コンピュータ使用(超過)料金e.独立請負人および臨時雇い従業員の雇用費用f.輸送・運送または梱包の費用g.倉庫または保管場所の費用h.「生産物」またはこれ...