Common use of Product Liability Litigation Clause in Contracts

Product Liability Litigation. No product liability claims have been asserted in a writing given to COR or any of its Subsidiaries or, to the knowledge of COR, threatened against COR or any of its Subsidiaries relating to products or product candidates developed, tested, manufactured, marketed, distributed or sold by COR or any of its Subsidiaries. Except as described in the COR SEC Reports filed prior to the date hereof, there is no (i) action, suit or proceeding, claim, arbitration or investigation against COR or any of its Subsidiaries pending or, to the knowledge of COR, threatened other than those seeking only monetary damages in an amount, individually or together with similar matters, not in excess of $100,000 or (ii) judgment, order or decree outstanding against COR or any of its Subsidiaries.

Appears in 1 contract

Sources: Merger Agreement (Millennium Pharmaceuticals Inc)

Product Liability Litigation. No product liability claims have ----------------------------- been asserted in a writing given to COR or any of its Subsidiaries or, to the knowledge of COR, threatened against COR or any of its Subsidiaries relating to products or product candidates developed, tested, manufactured, marketed, distributed or sold by COR or any of its Subsidiaries. Except as described in the COR SEC Reports filed prior to the date hereof, there is no (i) action, suit or proceeding, claim, arbitration or investigation against COR or any of its Subsidiaries pending or, to the knowledge of COR, threatened other than those seeking only monetary damages in an amount, individually or together with similar matters, not in excess of $100,000 or (ii) judgment, order or decree outstanding against COR or any of its Subsidiaries.

Appears in 1 contract

Sources: Merger Agreement (Cor Therapeutics Inc / De)