Common use of Import and Export Regulations Clause in Contracts

Import and Export Regulations. Each party acknowledges and ----------------------------- agrees that it shall not import, export, or re-export, directly or indirectly, Trio to any country in violation of the import and export laws and regulations of any applicable jurisdiction. Each party further agrees to defend, indemnify and hold the other harmless for any losses, costs, claims or other liabilities arising out of it's breach of this Section 12.1 subject to the notice and cooperation obligations stated in Section 7 ("Indemnification").