Foreign Item Sample Clauses

The 'Foreign Item' clause defines how items originating from outside the country or jurisdiction are treated within the context of the agreement. Typically, this clause specifies requirements such as compliance with import regulations, customs duties, or additional documentation for foreign-sourced goods or materials. By clearly outlining the responsibilities and procedures for handling foreign items, the clause helps prevent misunderstandings and ensures that both parties are aware of any special obligations or risks associated with international transactions.
Foreign Item. A check not drawn on or payable through a financial institution located in the United States of America.
Foreign Item. The term ‘‘foreign item’’ as used in this section, means any item of interest upon the bonds of a foreign country or of a nonresident foreign corporation not having a fiscal or paying agent in the United States (including Puerto Rico as if a part of the United States), or any item of dividends upon the stock of such corporation.

Related to Foreign Item

  • Foreign Investors If Subscriber is not a United States person (as defined by Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended), Subscriber hereby represents that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe for the Securities or any use of this Subscription Agreement, including (i) the legal requirements within its jurisdiction for the purchase of the Securities, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale, or transfer of the Securities. Subscriber’s subscription and payment for and continued beneficial ownership of the Securities will not violate any applicable securities or other laws of the Subscriber’s jurisdiction.