Common use of Ownership of Regulatory Approvals Clause in Contracts

Ownership of Regulatory Approvals. Following the transfer of ownership provided in Section 2.1, above, all Marketing Authorization Applications shall be filed and maintained in the name of GS and GS shall be the owner of all resulting Regulatory Approvals. Through meetings of the Steering Committee, GS shall: (i) keep LGLS informed regarding the schedule and progress for the preparation and submission of Marketing Authorization Applications in the Territory, and (ii) permit LGLS a reasonable opportunity to comment on such Marketing Authorization Applications.

Appears in 3 contracts

Sources: License Agreement (Oscient Pharmaceuticals Corp), License Agreement (Oscient Pharmaceuticals Corp), License Agreement (Cornerstone Therapeutics Inc)