Common use of Exporter of Record Clause in Contracts

Exporter of Record. Dyax shall be the exporter of record for any Product shipped out of the United States. Dyax warrants that all shipments of Product exported from the United States will be made in compliance with all export laws and regulations and all applicable import laws and regulations of the country of importation. Dyax shall be responsible for obtaining any licenses or government authorization(s) necessary for exportation from the United States, and for ensuring that all domestic and international shipments are made in accordance with all applicable laws and regulations, including but not limited to Department of Transportation and Department of Homeland Security regulations related to transportation of biological agents. Dyax’s designated carrier and freight forwarder shall solely be Dyax’s agent. Dyax shall select and pay the freight forwarder and such designated freight forwarder shall solely be responsible for preparing and filing any relevant declarations or other documents required for the export. Dyax shall bear all costs and expenses associated with this Section 12.15 (“Exporter of Record”).