Example ContractsClausesRecalls
Recalls
Recalls contract clause examples

Product Recalls. Prior to [[Organization A:Organization]] proceeding with the In-Licensing, in the event that a governmental entity issues a request, directive, or order, or determines, in its sole discretion, to recall or retrieve some or all of the Lead Compound by way of a recall, market withdrawal or other corrective action (“Recall”), shall, in cooperation with [[Organization A:Organization]], as reasonably requested by [[Organization A:Organization]], conduct such Recall (and any subsequent investigation by into the cause of the Recall). shall make every reasonable effort to notify [[Organization A:Organization]] promptly following its determination that any event, incident, or circumstance has occurred that may result in a need for a Recall. shall have the sole right to determine whether to conduct and control a Recall; provided, that to the extent practicable, shall consult with [[Organization A:Organization]], through a special meeting of the JDC, prior to any implementation of any such Recall. If a Recall is mandated by a Regulatory Authority, shall initiate such a Recall in compliance with Applicable Law. […​…].

Recalls or Corrective Action. Arcus shall have sole responsibility for and shall make all decisions with respect to any recall, market withdrawal or other corrective action related to the Licensed Products in the Territory.

Recalls or Corrective Actions. TLC Hong Kong shall fully cooperate with TLC in TLC’s decisions or upon related government authority’s request, to recall, retrieve and/or replace its TLC Products.

Product Withdrawals and Recalls. If # any Regulatory Authority threatens, initiates or advises any action to remove any Product from the market in the Territory or requires or advises Unum, SGI, or any of their respective Affiliates to distribute a “Dear Doctor” letter or its equivalent regarding use of such Product in the Territory, or # either Party determines that an event, incident, or circumstance has occurred that may result in the need for a recall or market withdrawal in the Territory, then in each case ((a) or (b)) Unum or SGI, as applicable, will, to the extent practicable, notify the other Party of such event or determination immediately, and in any event within twenty-four (24) hours (or sooner if required by law) after such Party becomes aware of the event or makes such determination. Each Party will, to the extent practicable, endeavor to discuss and agree with the other Party upon whether to recall or withdraw the Product in the Territory; provided, however, that if such discussion is not practicable or if the Parties fail to agree within an appropriate time period (recognizing the exigencies of the situation), then # Unum will decide whether to recall or withdraw such Product in the Shared Territory; and # SGI will decide whether to recall or withdraw such Product in the Licensed Territory. The Parties will be jointly responsible for conducting any recalls or taking such other necessary remedial action with respect to Products in the Shared Territory, except to the extent that the recall or withdrawal is attributable to the negligence, breach or intentional misconduct of the other Party or any of its Affiliates or subcontractors, in which event the other Party will bear such costs to the extent of its or its Affiliate’s or subcontractor’s responsibility. SGI will be responsible, at its sole expense, for conducting any recalls or taking such other necessary remedial action with respect to Products in the Licensed Territory, except to the extent that the recall or withdrawal is attributable to the negligence, breach or intentional misconduct of Unum or any of its Affiliates or subcontractors, in which event Unum will bear such costs to the extent of its or its Affiliate’s or subcontractor’s responsibility.

no Product recalls or voluntary Product Market Withdrawals from any market (other than those recalls or Market Withdrawals disclosed on [Schedule 4.23(d)]).

reasonable credits or allowances, if any, on account of price adjustments, recalls, rejection or return of items previously sold;

Schedule #(a): Financing Statements and Other Filings [Schedule 4.23(d)]: Product Recalls And Market Withdrawals [Schedule 7.2(d)]: Existing Indebtedness

If we experience product recalls, we may incur significant and unexpected costs and our business reputation could be adversely affected.

Product Warranty/Products. [Schedule 4.1.24] hereto contains an accurate and complete statement of all written warranties, warranty policies, service, subscription and maintenance agreements of the Company. To the Knowledge of the Seller, there are no material warranty liabilities or recalls of the Company’s products, and, to the Knowledge of the Seller, there are no material claims for service, repair, replacement, refund or recall that are pending with respect to the Company’s products. The Company has not manufactured, sold or otherwise distributed for sale any products that, to the Knowledge of the Seller, have been implanted in the human body.

Product Warranty/Products. [Schedule 4.1.26] contains an accurate copy of # the Company’s standard factory warranty and # an accurate summary of the warranty periods offered to the Company’s customers (listed by customers VWR, LabRepCo and by product lines American Biotech Supply and Lab Research Products with respect to all other customers) as set forth in such schedule along with any material deviations currently in effect with respect to such warranties. To Seller’s Knowledge, there are no material warranty liabilities or recalls of the Company’s products, and no claims for service, repair, replacement, refund, recall or claims for other product-related remedies that are pending, Threatened or reasonably anticipated to be presented with respect to the Company’s products.

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