Common use of Marketing Authorization Holder Clause in Contracts

Marketing Authorization Holder. Subject to Meda’s obligations upon termination pursuant to Section 13.05, Meda shall be the holder and owner of all Marketing Authorizations and Governmental Approvals in the Territory. Meda agrees that neither it nor its Affiliates will do anything to recklessly, negligently, or intentionally adversely affect a Marketing Authorization or Governmental Approval.

Marketing Authorization Holder. Subject to Meda’s obligations upon termination pursuant to Section 13.05, Meda shall shall, following final approval of a particular Governmental Approval or Marketing Authorization by a given Competent Authority, be the holder and owner of all such Marketing Authorizations Authorization and Governmental Approvals Approval in the Territory. Meda agrees that neither it nor its Affiliates will do anything to recklessly, negligently, or intentionally adversely affect a any Marketing Authorization or Governmental Approval.