Common use of Export Administration Regulations Clause in Contracts

Export Administration Regulations. Buyer agrees to ascertain and comply with all applicable export and re-export obligations and restrictions, including without limitation, U.S. export and re-export controls and economic sanctions regulations. U.S. economic sanctions laws and regulations prohibit virtually all exports and re- exports of products to, and transactions with, certain countries, including without limitation, Cuba, North Korea, Iran, Sudan, Syria, and Crimea. Diversion of products contrary to U.S. law is strictly prohibited. In addition, Buyer will review and comply with any applicable national export compliance laws and regulations in Buyer's home country that may impact the export or re-export of products. Customs duties, taxes, excises, tariffs, import fees, premiums, temporary price adjustments, or surcharges (“Surcharge”) may be passed through effective with shipments on the date of the Surcharge announcement, including any retroactive Surcharges. Surcharges will be removed from the film price once lifted in the market. If applicable, all Surcharges shall be subtracted from net sales for the purposes of any rebate thresholds and calculations.