Common use of During the Development Period Clause in Contracts

During the Development Period. (1) To comply with a minimum percentage of national content of four percent (4%) of all the items indicated in the Methodology which have been purchased or contracted since the approval of the Development Plan and upon the beginning of the Regular Commercial Production. Such minimum percentage shall increase up to ten percent (10%) of the referred concepts, from the beginning of the Regular Commercial Production in any Development Area. Compliance with the minimum percentage of national content shall be verified by the Ministry of Economy every three (3) Years and shall include all items purchased or contracted during the Development Period in terms of the Methodology and the Applicable Laws. (2) To include in its proposed Development Plan a compliance program for the above-referenced minimum percentage of national content, as well as the technology transfer program, including the applicable periods and stages, which shall be approved by the CNH, prior opinion of the Ministry of Economy, in terms of Article 6 of this Contract. Once approved, the programs shall form an integral part of this Contract. The obligations regarding national content will commence upon approval of the Development Plan.

During the Development Period. (1) To comply with a minimum percentage of national content of four percent (4%) of all the items indicated in the Methodology which have been purchased or contracted since the approval of the Development Plan and upon the beginning of the Regular Commercial Production. Such minimum percentage shall increase up to ten percent (10%) of the referred concepts, from the beginning of the Regular Commercial Production in any Development Area. Compliance with the minimum percentage of national content shall be verified by the Ministry of Economy every three (3) Years and shall include all items purchased or contracted during the Development Period in terms of the Methodology and the Applicable Laws. (2) To include in its proposed Development Plan a compliance program for the above-referenced minimum percentage of national content, as well as the technology transfer program, including the applicable periods and stages, which shall be approved by the CNH, with prior opinion of from the Ministry of Economy, in terms of Article 6 of this Contract. Once approved, the programs shall form an integral part of this Contract. The obligations regarding national content will commence upon approval of the Development Plan.

During the Development Period. (1) To comply with a minimum percentage of national content of four percent (4%) of all the items indicated in the Methodology which have been purchased or contracted since the approval of the Development Plan and upon the beginning of the Regular Commercial Production. Such minimum percentage shall increase up to ten percent (10%) of the referred concepts, from the beginning of the Regular Commercial Production in any Development Area. Compliance with the minimum percentage of national content shall be verified by the Ministry of Economy every three (3) Years and shall include all items purchased or contracted during the Development Period in terms of the Methodology and the Applicable Laws. (2) To include in its proposed Development Plan a compliance program for the above-referenced minimum percentage of national content, as well as the technology transfer program, including the applicable periods and stages, which shall be approved by the CNH, prior opinion of the Ministry of Economy, in terms of Article 6 of this Contract. Once approved, the programs shall form an integral part of this Contract. The obligations regarding national content will commence upon approval of the Development Plan.