Common use of Import Export Compliance Clause in Contracts

Import Export Compliance. Seller warrants that all sales made hereunder are or will be made at not less than fair value under the United States Anti-Dumping Law (19 U.S. Code § 1673 et. seq.). Buyer will not be a party to the importation of the Goods, the transaction(s) represented by the Agreement will be consummated subsequent to importation, and Seller will neither cause nor permit Buyer’s name to be shown as “Importer of Record” on any customs declaration. Transferable credits or benefits associated with the Goods, including trade credits, export credits, or rights to the refund of duties, taxes, or fees, belong to Buyer unless otherwise prohibited by Applicable Law. Seller will provide Buyer with all information and records relating to the Goods necessary for Buyer to (a) receive these benefits, credits, and rights, (b) fulfill any customs obligations, origin marking or labeling requirements, and certification or local content reporting requirements, (c) claim preferential duty treatment under applicable trade preference regimes, and (d) participate in any duty deferral or free trade zone programs of the country of import. Seller will be responsible for strict compliance with all legal, regulatory and administrative requirements associated with any importation or exportation of Goods, including obtaining any required licenses or approvals and, unless otherwise agreed between Buyer and Seller elsewhere in this Agreement, the payment of all associated duties, taxes and fees.

Appears in 2 contracts

Sources: Terms and Conditions for Purchase of Goods and Services, Terms and Conditions for Purchase of Goods and Services

Import Export Compliance. Seller Supplier warrants that all sales made hereunder are or will be made at not less than fair value under the United States Anti-Dumping Law (19 U.S. Code § 1673 U.S.C. Sec. 160 et. seq.). Buyer Cumi will not be a party to the importation of the Goods, Goods and the transaction(s) represented by the this Agreement will be consummated subsequent to importation, and Seller Supplier will neither cause nor permit Buyer▇▇▇▇’s name to be shown as “Importer of Record” on any customs declaration. Transferable credits or benefits associated with the Goods, including trade credits, export credits, or rights to the refund of duties, taxes, or fees, belong to Buyer Cumi unless otherwise prohibited by Applicable Lawapplicable law. Seller Supplier will provide Buyer Cumi with all information and records relating to the Goods necessary for Buyer Cumi to (ai) receive these benefits, credits, and rights, (bii) fulfill any customs obligations, origin marking or labeling labelling requirements, and certification or local content reporting requirements, (ciii) claim preferential duty treatment under applicable trade preference regimes, and (div) participate in any duty deferral or free trade zone programs of the country of import. Seller Supplier will be responsible for strict compliance with all legal, regulatory and administrative requirements associated with any importation or exportation of the Goods, including obtaining any required licenses or approvals and, unless otherwise agreed between Buyer and Seller the parties elsewhere in this Agreement, the payment of all associated duties, taxes and fees.

Appears in 1 contract

Sources: Standard Terms and Conditions of Purchase