Post-Closing Obligations

Limits on the extent of any money available for indemnifiable claims can include an overall negotiated cap on damages available under the indemnification provisions and a deductible or basket that must be satisfied by the buyer before it can assert a claim for indemnity. Once a cap limit has been reached, a buyer cannot make a claim against the seller for even the most egregious TSCA violation. TSCA personnel and environmental lawyers should review the applicable clauses because they will likely be the people involved in making any available TSCA claims, and they need to be mindful of the time and other requirements of making those claims. 

Obligations of the parties to one another can be set forth in either the post-Closing covenants in the acquisition agreement or in separate ancillary 

However, the buyer may be able to persuade the EPA to seek penalties directly from the seller. 

---

Besides the medicine adverse event monitoring, a medicine quality defect reporting system is operated as part of the post-marketing surveillance in Hungary (Bayer 1984, Paal 1988). All phcirmacists working for medicine supply companies or in community and hospital pharmacies have the obligation to report suspected medicine qucility defects to the NIP. These reports are evaluated in close collabo-... 

---