Common use of FOREIGN OFFSET Clause in Contracts

FOREIGN OFFSET. If the Contract is issued to a non-U.S. Seller and/or if the work is being performed by a non-U.S. Seller in whole or in part, all offset credits resulting from this Contract will be the sole property of Buyer. ▇▇▇▇▇▇ agrees, at no cost, to assist ▇▇▇▇▇ (or ▇▇▇▇▇’s parents or affiliates if requested) in securing appropriate offset credits from the respective government authorities.

Appears in 6 contracts

Sources: Purchase Order, Purchase Order Terms and Conditions, Purchase Order