Common use of Governmental Inspections Clause in Contracts

Governmental Inspections. During the Exclusive Period, each Party shall advise and provide a reasonable description to the other Party of any governmental visits to, or written or oral inquiries about, any facilities or procedures for the manufacture, storage or handling of Product, promptly (but in no event later than five (5) calendar days) after such visit or inquiry. Each Party shall furnish to the other Party, (a) within two (2) days after receipt, any report or correspondence issued by the governmental authority in connection with such visit or inquiry, including but not limited to, any FDA Form 483 Establishment Inspection Reports, warning letters, and (b) at the same it provides to a governmental authority, copies of any and all responses or explanations relating to items set forth in Section 3.5(a), in each case purged only of trade secrets of the receiving Party that are unrelated to the other Party's activities under this Agreement and any information that is unrelated to the Product.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Icn Pharmaceuticals Inc), Stock Purchase Agreement (Icn Pharmaceuticals Inc), Exclusive License and Supply Agreement (Ribapharm Inc)

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