Examples of Purchased Regulatory Documentation in a sentence
Effective from and after the Closing, Buyer hereby grants to any Person Exploiting or Manufacturing the product described on Schedule 5.13.2, a perpetual, irrevocable, worldwide, non-exclusive, royalty-free and non-transferable license and right of reference (with a right to grant sublicenses and further rights of reference) to the Purchased Regulatory Documentation and Buyer Regulatory Documentation, as may be necessary to Exploit and Manufacture the product described on Schedule 5.13.2.
The Purchased Inventory (a) is of a good and merchantable quality and is usable or saleable in the ordinary course of the Product Business (other than any Purchased Inventory as to which no value is ascribed in accordance with Section 2.5.3), (b) complies in all material respects with applicable Law and the specifications therefor included in the Purchased Regulatory Documentation, and (c) was Manufactured in all material respects with applicable Law and applicable Product Registrations.
To the extent that any Purchased Regulatory Documentation or technology export recordal or approval is not delivered at the Closing in accordance with the immediately preceding sentence, Sellers shall, and shall cause each other member of the Seller Group to, deliver all such Purchased Regulatory Documentation and technology export recordals or approvals to Purchaser at the latest within [**] after Closing.
Members of the Seller Group Control the Purchased Regulatory Documentation and the Purchased Product Records as necessary to conduct the Product Business as currently conducted in all material respects.