Common use of Threatened Agency Action Clause in Contracts

Threatened Agency Action. Vendor and Company shall each immediately notify the other party of any information that each may obtain or learn regarding any threatened or pending action by an Agency which may affect the Products. Vendor shall, at the request of Company and at the cost and expense of Company, cooperate with Company in formulating a procedure for taking appropriate action in response to such information. Unless compelled by law, Vendor shall not respond to an Agency without the prior written consent of Company.

Appears in 4 contracts

Samples: Agreement (Photogen Technologies Inc), Agreement (Nastech Pharmaceutical Co Inc), Agreement (Alliance Pharmaceutical Corp)

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