Common use of Debarment Limitations Clause in Contracts

Debarment Limitations. In the course of Developing and/or Commercialising Licensed Product, neither Party shall knowingly use any employee or consultant who is or has been debarred by the FDA or any other Regulatory Authority or, to the best of such Party’s knowledge, is or has been the subject of debarment proceedings by any such Regulatory Authority. Each Party shall promptly notify the other Party of and provide such other Party with a copy of any correspondence or other reports with respect to any use of a debarred employee or consultant in connection with such Party’s performance of its obligations under this Agreement that such Party receives from any Third Party.

Appears in 2 contracts

Samples: License Agreement (Genmab a/S), License Agreement (Genmab a/S)

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Debarment Limitations. In the course of Developing and/or Commercialising Licensed Product, the Product neither Party shall knowingly use any employee or consultant who is or has been debarred by the FDA or any other Regulatory Authority or, to the best of such Party’s knowledge, is or has been the subject of debarment proceedings by any such Regulatory Authority. Each Party shall promptly notify the other Party of and provide such other Party with a copy of any correspondence or other reports with respect to any use of a debarred employee or consultant in connection with such Party’s performance of its obligations under this Agreement that such Party receives from any Third Party.

Appears in 2 contracts

Samples: Development and Collaboration Agreement (Genmab a/S), Development and Collaboration Agreement (Genmab a/S)

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