Notices from Governmental Authorities. Promptly, and in any event within three (3) Business Days of receipt thereof, CAXG shall deliver to AOBO any notice from any governmental authority alleging a violation of any order, ruling, statute or other law or regulation that could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Sources: Joint Strategic Alliance and Securities Purchase Agreement (American Oriental Bioengineering Inc), Joint Strategic Alliance and Securities Purchase Agreement (China Aoxing Pharmaceutical Company, Inc.)