Common use of Offset Requirements Clause in Contracts

Offset Requirements. In the event the government of the Republic of Korea imposes on TI or TI Affiliates offset requirements in other TI projects or investments in the Republic of Korea, then Anam agrees to use reasonable commercial efforts, upon TI request, to convince the government that the transfer of Advanced Available Technology by TI and sales of TI Products to TI hereunder should be credited for offset purposes.

Appears in 3 contracts

Sources: Technical Assistance Agreement (Amkor Technology Inc), Technical Assistance Agreement (Amkor Technology Inc), Technical Assistance Agreement (Amkor Technology Inc)