Subsidiaries, as applicable, with such individual, as so associated, which may include (to the extent collected and associated by Grace or Acasti or either of their Subsidiaries, as applicable,
with such individual, as so associated): (a) information that is created, maintained, or accessed by an individual (e.g., videos, audio or individual contact information); (b) any data regarding an individuals activities online or on
a mobile device or other application (e.g., searches conducted, web pages or content visited or viewed); and (c) Internet Protocol addresses, unique device identifiers or other persistent identifiers. Personal Information may relate to any
individual, including a current, prospective or former customer or employee of any person. Personal Information includes the foregoing information in any form, including paper, electronic and other forms, whether or not stored, recorded or
transmitted in a manner that would not reveal the identity of the applicable individual without other such information.
PHSA shall have the meaning ascribed to it in Section 3.1(t)(i).
PMPRB shall have the meaning ascribed to it in Section 3.1(t)(i).
PPP loan means that certain Small Business Administrations Paycheck Protection Program Term Note,
dated April 17, 2020, between Grace and Valley National Bank, in the principal amount of $160,007.
Privacy
Laws means all laws governing the receipt, collection, use, storage, processing, sharing, security, disclosure or transfer of Personal Information and all laws governing breach notification.
Proceeding means a court, administrative, regulatory or similar proceeding (whether civil, quasi-criminal
or criminal), arbitration or other dispute settlement procedure, investigation or inquiry before or by any Governmental Authority, or any claim, action, suit, demand, arbitration, charge, indictment, hearing or other similar civil, quasi-criminal or
criminal, administrative or investigative matter or proceeding.
Proxy Statement shall have the meaning
ascribed to it in Section 5.3(a).
QC Act means the Business Corporations Act
(Québec).
Regulatory Authority means Health Canada, the FDA and any other federal, state,
provincial, local or foreign Governmental Authority with jurisdiction over the authorization, approval, marketing, advertising, sale, pricing, storage, distribution, use, handling and control, safety, efficacy, reliability or manufacturing of
pharmaceutical products, including but not limited to human drugs, biologics, and drug combination products.
Regulatory Authorization means any registration, authorization, approval, clearance, license, permit,
certificate or exemption issued by any Regulatory Authority or Governmental Authority (including new drug applications, new drug submissions, investigational new drug applications, clinical trial applications, manufacturing approvals and
authorizations, pricing and reimbursement approvals, labeling approvals, registration notifications or their foreign equivalent) that are required for the research, development, manufacture, distribution, marketing, storage, transportation, use and
sale of the products of Acasti or Grace and their respective Subsidiaries.
Regulatory Guidelines means
applicable rules, guidance, manuals, protocols, codes, guidelines, treaties, policies, notices, directions, decrees, judgments, awards or requirements, in each case of any Regulatory Authority to the extent that the foregoing do not have the force
of law.
Release means any release, spill, leak, pumping, addition, pouring, emission, emptying,
discharge, migration, injection, escape, leaching, disposal, dumping, deposit, spraying, burial, abandonment, seepage, placement or introduction of a Hazardous Substance, whether accidental or intentional, or sudden, intermittent, inadvertent or
gradual, into, onto, through, above or under the Environment.
Relevant Laws shall have the meaning
ascribed to it in Section 5.2(b).
A-86