Examples of Retained Product in a sentence
Buyers shall notify Parent and/or Sellers in writing and tender defense of each Retained Product Liability Claim to Sellers and/or Parent by the earlier of (a) fifteen (15) business days after obtaining Knowledge of the Retained Product Liability Claim or (b) within five (5) business days after being served with a summons and complaint or similar documentation initiating litigation with respect to the Retained Product Liability Claim and shall cooperate in the defense thereof.
The JSC’s purpose and responsibility will be to review at such meeting the sales performance, and one-year sales forecasts for each Retained Product in each Major Market Country and in all other countries in the world as a group (and the material related assumptions used in developing such forecasts).
Sellers and Parent assume all liabilities for property damage and personal injuries which are alleged to be caused by or result from defects (including, but not limited to, design and manufacturing defects) in products of the Business sold by Sellers prior to the Closing Date for which the date of loss occurred prior to the Closing Date and shall defend, indemnify and hold harmless the Buyers with respect thereto (a "Retained Product Liability Claim").
Elanco’s right to continue to develop and/or commercialize a Retained Product under this Section 10.4(a) shall be subject to Elanco’s full compliance with the payment provisions in Article 5 of this Agreement that survive termination.
Each Newco agrees that to the extent any ------------------------ holder of Retained Product Credits elects to utilize such Retained Product Credits to purchase products and/or services of such Newco, such Newco will use reasonable efforts to supply such products and/or services, and CSI agrees it will reimburse such Newco for the cash value of the products and/or services provided by the Newco in respect of Retained Product Credits.