Recalls; Market Withdrawals Sample Clauses

Recalls; Market Withdrawals. (a) Recall Procedures. Manufacturer and AAI shall each maintain such records as required by applicable Laws to permit effective recall, field correction or market withdrawal of Product delivered to AAI or customers of AAI, whether such recall, field correction or withdrawal is effected voluntarily or under a directive of any government and regulatory authority. Each Party agrees that in connection with a recall, field correction or market withdrawal, it shall provide copies of its relevant records to the other Party upon request, excluding confidential AAI customer information or information subject to attorney-client or other privilege. Each Party shall give immediate notice by telephone (to be confirmed in writing) to the other Party upon discovery that Product should be recalled, corrected or withdrawn from the market, or may be required to be recalled, corrected or withdrawn from the market. Except as otherwise set forth in this Section 13.2(a), the decision to initiate a recall or market withdrawal or to take any other corrective action shall be made solely by AAI. Manufacturer shall reasonably cooperate with AAI at the request of AAI in the implementation and management of such plan and in complying with all applicable regulatory obligations. Manufacturer may at any time notify AAI of its belief that AAI should recall, correct or market withdraw the Product. Notwithstanding anything to the contrary in this Section 13.2(a), if AAI disagrees with Manufacturer's assertion that a recall, market withdrawal or other corrective action should be initiated, then the Parties agree to submit the matter for review and binding determination by a mutually satisfactory and independent third party. In the event such third party concludes that a recall, market withdrawal or other corrective action is necessary, AAI shall so notify the FDA and initiate such required recall, market withdrawal or other field correction, as determined by such third party.
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Recalls; Market Withdrawals. (a) Recall Procedures. Manufacturer and Company shall each maintain such records as required by applicable Laws and codes of practice to permit a recall, field correction or market withdrawal of any Product delivered to Company or customers of Company effected voluntarily or under a directive of any Government and Regulatory Authority. Each party agrees that, upon request in connection with a recall, field correction or market withdrawal, it shall provide copies of its relevant records to the other party upon request, excluding confidential customer information or information subject to attorney-client or other privilege. Each party shall give immediate notice by telephone (to be confirmed in writing) to the other party upon discovery that any Product should be recalled, corrected or withdrawn from the market, or may be required to be recalled, corrected or withdrawn from the market. The decision to initiate a recall or market withdrawal or to take any other corrective action shall be made by Company. While Manufacturer shall reasonably cooperate with Company in developing any necessary recall, market withdrawal or correction plan, the manner and extent of such plan shall be reasonably decided by Company. Manufacturer shall cooperate as reasonably required by Company in the implementation of such plan. The obligations under this Section 7.2(a) shall survive the termination of this Supply Agreement.
Recalls; Market Withdrawals 

Related to Recalls; Market Withdrawals

  • Partial Withdrawals At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.

  • In-Service Withdrawals If elected in the Adoption Agreement, an Employer may elect to permit a Participant in the Plan to make an in-service withdrawal, subject to any limitation(s) specified in the Adoption Agreement.

  • Withdrawals Each of the Members does hereby covenant and agree that it will not withdraw, resign, retire or disassociate from the Company, except as a result of a Transfer of its entire Interest in the Company permitted under the terms of this Agreement and that it will carry out its duties and responsibilities hereunder until the Company is terminated, liquidated and dissolved under Section 13. No Member shall be entitled to receive any distribution or otherwise receive the fair market value of its Interest in compensation for any purported resignation or withdrawal not in accordance with the terms of this Agreement.

  • Plan Withdrawals The Borrower or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and the plan sponsor of such Multiemployer Plan shall have notified such withdrawing employer that such employer has incurred a withdrawal liability in an annual amount exceeding $1,000,000;

  • Deposits and Withdrawals Each person when depositing such securities or similar investments in or withdrawing them from a Securities Depository or when ordering their withdrawal and delivery from the safekeeping of the Custodian, shall comply with the requirements of Rule 17f-2(e).

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • Notice of Final Withdrawal Promptly after receipt by the Paying Agent of notice that the Escrow Agent has requested a Final Withdrawal or that a Final Withdrawal will be made, the Paying Agent shall cause notice of the distribution of the Final Withdrawal to be mailed to each of the Receiptholders at its address as it appears in the Register. Such notice shall be mailed not less than 15 days prior to the Final Withdrawal Date. Such notice shall set forth:

  • Permissible Withdrawals The Servicer may make withdrawals from each related Custodial P&I Account solely for the following:

  • Hardship Withdrawals Hardship withdrawals, as provided for in paragraph 6.9 of the Basic Plan Document #04, [X] are [ ] are not permitted.

  • Withdrawal of Stop Orders If the Shelf Registration ceases to be effective for any reason at any time during the Effectiveness Period (other than because of the sale of all of the securities registered thereunder), the Company shall use its best efforts to obtain the prompt withdrawal of any order suspending the effectiveness thereof.

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