Common use of Regulatory Delay Clause in Contracts

Regulatory Delay. No provision of this License Agreement shall be affected by any delay in the approval of the Actavis ANDA by the FDA, or the failure of Actavis to obtain FDA approval of the Actavis ANDA, except to the extent that such provision is affected by the delay of the Launch Date.

Appears in 2 contracts

Sources: Settlement Agreement (Neos Therapeutics, Inc.), Settlement Agreement (Cipher Pharmaceuticals Inc)