Common use of Voluntary Recall Clause in Contracts

Voluntary Recall. If a Party believes that a voluntary withdrawal or recall of a Product is necessary both Parties will mutually agree to the need for a recall. If the Parties cannot agree, they will use an independent third party qualified to assess the need for a recall and will follow the recommendation of the third party. INO-T will assist AGA, to the extent necessary in implementing the withdrawal or recall. Any and all costs related to the recall should be paid by the Party which is responsible for the recall.

Appears in 2 contracts

Sources: Distribution Agreement (Ikaria, Inc.), Distribution Agreement (Ikaria, Inc.)