Common use of Import and Export Regulations Clause in Contracts

Import and Export Regulations. The parties hereto acknowledge and understand that the United States Export Administration Regulations shall restrict or forbid the re-export of the Software supplied hereunder and the technical data related thereto from Territory to other destination specified in such Regulations without the prior approval of the United States Government. Distributor agrees that it shall comply any and all provisions of such Regulations and any other applicable laws and shall also maintain the necessary records required by such Regulations or such laws.