Origin Procedures Clause Samples

Origin Procedures. 1. The importer may claim preferential tariff treatment based on a certificate of origin written or electronic 1 issued by the competent authority of the exporting party at the request of the exporter. 2. The competent authority of the exporting party may delegate the issuance of the certificate of origin in other public or private entities. 3. The competent authority or qualified entities may consider in its territory the quality of goods originating and meeting the requirements of this chapter. for this purpose, they may request any supporting evidence, carry out inspections at the premises of the exporter or producer or any other check which they consider appropriate. 4. The parties shall maintain in force before the General Secretariat of ALADI 53.official the relationship of the departments or public or private entities empowered to issue certificates of origin and the registration of handwritten signatures or electronic officials accredited for this purpose. 5. The certificate of origin shall serve to certify that a good being exported from the territory of one party to the territory of another party qualifies as originating. this certificate may be amended by the Commission. a single form for the Certificate of Origin is set out in annex 4.14. 6. The certificate of origin shall be valid for one year from the date on which it was issued. "invoicing by an operator of a Party Non- The certificate of origin shall be indicated in the remarks "" where goods are invoiced by an operator of a non- party.
Origin Procedures. 1. For the purposes of this chapter, the following shall be considered as evidence of origin to certify that the goods qualify as originating in accordance with the provisions of this chapter: (a) A certificate of origin as referred to in article 3.16; or (b) A declaration of origin as referred to in article 3.17. 2. Proofs of origin referred to in paragraph 1 shall be valid for one (1) year from the date of its issuance. 1. To qualify for preferential tariff treatment goods originating at the time of importation, the importer must be in possession of a valid certificate of origin issued on the basis of the format as set out in annex 3.16 and provide a copy to the customs authority of the importing Party if it so requires. 2. The exporter of the goods shall complete and submit a certificate of origin to the authorized entity, which shall be responsible for its issuance before or at the time of the date of shipment of the goods, as well as in the cases referred to in paragraph 6. 3. The certificate of origin shall cover one or more goods of a single shipment. 4. The exporter of goods that the requests a certificate of origin shall submit all appropriate documents proving the originating status of the goods in question, as may be required by the Entity Authorized. furthermore, the exporter must commit to meet the other requirements applicable in this chapter. 5. In the event of the theft, loss or destruction of a certificate of origin, the exporter may apply in writing to the authorized body which issued a certified copy of the original certificate of origin, which shall be based on the export invoice or any other evidence that had served as the basis for the original certificate of origin, in possession of the exporter. The duplicate issued in accordance with this paragraph shall take the comments the phrase "certified true copy of the original certificate of origin number..... dated " so that The period of validity is counted from the date indicated. 6. Notwithstanding paragraph 2, a certificate of origin may exceptionally be issued after the date of the goods, provided that: (a) Was not issued before or at the time of shipment involuntary due to errors or omissions or other circumstances that may be deemed justified, provided that no more than one (1) year since the exportation and exporter re-delivered commercial all necessary documents, as well as the export declaration endorsed by the customs authority of the exporting Party; or (b) It is demonstrated ...
Origin Procedures o The certificate of origin may be issued by the exporter, producer or importer. o The format of the certificate is eliminated, and certification is allowed on the invoice or on any commercial document, provided that minimum information is declared. o In the event that importers fail to comply with the stipulations regarding the origin of the goods, each country will determine whether to apply a civil, criminal or administrative sanction. Intellectual Property: o Strengthen the system of protection of geographical indications. o Disciplines are foreseen for well-known trademarks. o The authorities may detain goods suspected of being counterfeited at any entry or exit to the country. o Implementation of measures against counterfeit goods and piracy on a commercial scale. Trade Remedies: o Safeguards: an exclusion for partners subject to certain conditions (not being in the first 5 exporters) from the overall safeguard measures is maintained. o Anti-dumping and subsidies: WTO rights are recognized in these areas. Additional rules were agreed to promote transparency. o Combating circumvention: a cooperation mechanism is established to prevent the evasion of countervailing, anti-dumping and safeguard duties. o Binational Panels: the mechanism of Chapter XIX of NAFTA is maintained. Source:
Origin Procedures. The current certificate of origin format has been eliminated, and a self-certification mechanism is provided through either an invoice declaration, or any other commercial document, provided that it includes the minimal data required. ● The Parties shall allow a certification of origin to be submitted in an electronic manner and shall accept the certification of origin with an electronic or digital signature. ● Besides the exporter, the producer and importer may certify the origin of the goods; however, the importer shall comply with specific requirements that would be regulated by each Party. In the case of Mexico, a transition period is foreseen for importers to implement it. ● The customs authorities of the importing country may choose either to conduct the origin verifications directly to the importer in its own country, or to whomever certified the origin of the goods in another Country, in terms of the Agreement. ● Each country shall provide, through its local regulations, the application of civil, criminal or administrative penalties, to the local importer who violates a regulation on origin procedures provided in the Agreement.
Origin Procedures. Section B of the Chapter sets out certain procedures which each Party must apply. These are summarised below. Each Party must allow an importer to make a claim for preferential tariff treatment based on a ‘certification of origin’ which may be completed by the exporter, producer or importer (Article 3.20). There are rules that set out the information on which certification may be based, which depend on whether the certification is completed by the exporter, producer or importer (Article 3.21). Also, Annex B sets out certain elements that must be included in a certification of origin.
Origin Procedures o The certificate of origin may be issued by the exporter, producer, or importer. o The format of the certificate is eliminated, and certification is permitted on the invoice or any commercial document, provided that minimum information is declared. o If importers fail to comply with the stipulations regarding the origin of the goods, each country will determine whether to apply a civil, criminal, or administrative sanction. Intellectual Property: o Strengthen the system of protection of geographical indications. o Disciplines are foreseen for well-known trademarks. o The authorities may detain goods suspected of being counterfeited at any entry or exit to the country. o Implementation of measures against counterfeit goods and piracy on a commercial scale. o For biotechnology companies, the Protocol of Amendment establishes: ▪ The provision requiring Parties to provide at least 10 years of exclusivity for biologicals was deleted. ▪ The provision requiring parties to confirm that patents would be available for new uses of known products was deleted. ▪ The provision requiring three additional years of exclusivity for clinical information was deleted. Commercial Remedies: o Safeguards: an exclusion for partners subject to certain conditions (not being in the first 5 exporters) from the overall safeguard measures is maintained. o Anti-dumping and subsidies: WTO rights are recognized in these areas. Additional rules were agreed to promote transparency. o Combating circumvention: a cooperation mechanism is established to prevent the evasion of countervailing, anti-dumping and safeguard duties. o Binational Panels: the mechanism of Chapter XIX of NAFTA is maintained. Sources:
Origin Procedures 

Related to Origin Procedures

  • Selection Procedures In selecting the Loan Assets to be Pledged pursuant to this Agreement, no selection procedures were employed which are intended to be adverse to the interests of the Lenders.

  • Auction Procedures (a) In connection with an Auction, the Borrower will provide notification to the Administrative Agent (for distribution to the Term Loan Lenders of the applicable Facility with respect to which such notice relates) of the Auction (an “Auction Notice”), which shall be substantially in the form of Exhibit L. Each Auction Notice shall contain (i) the total cash value of the bid, in a minimum amount of $5,000,000 with minimum increments of $1,000,000 (the “Auction Amount”), unless otherwise agreed by the Administrative Agent, (ii) the name of the relevant Facility or Facilities (which for the avoidance of doubt must be in respect of Term Loans) to which the Auction relates (the “Applicable Term Loan Facility”), (iii) the discount to par, which may be a single percentage or a range of percentages (the “Discount Range”) of the par principal amount of the Term Loans of each Applicable Term Loan Facility that represents the purchase price or range of purchase prices that could be paid in the Auction with respect to such Applicable Term Loan Facility and (iv) the date by which the Term Loan Lenders of the Applicable Term Loan Facility are required to indicate their election to participate in the Auction (the “Reply Date”), which shall be not less than five Business Days after delivery of the Auction Notice. (b) In connection with any Auction, each Term Loan Lender of the Applicable Term Loan Facility or Applicable Term Loan Facilities may, in its sole discretion, participate in such Auction and may provide the Administrative Agent with a notice of participation (the “Return Bid”) on or before the Reply Date, substantially in the form of Exhibit M, which shall specify (i) a discount to par for Term Loans in the Applicable Term Loan Facility that must be expressed as a price (the “Reply Discount”), which must be within the Discount Range, and (ii) a principal amount of Term Loans in the Applicable Term Loan Facility that such Lender is willing to offer for sale at its Reply Discount which must be in increments of $500,000 (the “Reply Amount”). A Term Loan Lender in the Applicable Term Loan Facility may avoid the minimum increment amount condition solely when submitting a Reply Amount equal to such Term Loan Lender’s entire remaining amount of such Term Loans. Term Loan Lenders may only submit one Return Bid per Auction per Applicable Term Loan Facility but each Return Bid may contain up to three component bids only one of which can result in a Qualifying Bid (as defined below). Each Return Bid submitted to the Administrative Agent shall be irrevocable. In addition to the Return Bid, the participating Lender must execute and deliver, to be held in escrow by the Administrative Agent, an Assignment and Acceptance. The Borrower will not have any obligation to purchase any Term Loans at any price. The processing and recordation fees as set forth in Section 12.6 hereof shall not be applicable to any Auctions (it being understood and agreed that other fees may be applicable in connection with any Auction). (c) Based on the Reply Discounts and Reply Amounts received by the Administrative Agent (who shall reasonably promptly provide the Borrower with a copy of all Reply Discounts), the Administrative Agent, in consultation with the Borrower, will calculate the applicable discount (the “Applicable Discount”) for the Auction with respect to each Applicable Term Loan Facility, which will be the highest Reply Discount that is within the Discount Range and, in the event the Auction Amount cannot be paid in full at the highest Reply Discount, the Applicable Discount shall be the highest Reply Discount reducing in order to the lowest Reply Discount that is within the Discount Range which yields a prepayment in an aggregate principal amount equal to the lower of (i) the Auction Amount and (ii) the sum of all Reply Amounts. The Borrower shall purchase Term Loans (or the respective portions thereof) of the Applicable Term Loan Facility from each relevant Term Loan Lender with a Reply Discount that is equal to or greater than the Applicable Discount (“Qualifying Bids”) first to Qualifying Loans specifying the highest Reply Discount, then filling orders going to the next highest Reply Discount and then pro rata at the clearing level. If a Term Loan Lender in the Applicable Term Loan Facility has submitted a Return Bid containing multiple bids at different Reply Discounts, only the bid with the highest Reply Discount that is equal to or greater than the Applicable Discount will be deemed the Qualifying Bid of such Term Loan Lender. Each participating Term Loan Lender will receive notice of a Qualifying Bid as soon as reasonably practicable but in no case later than five Business Days from the date the Return Bid was due. (d) The Borrower may withdraw an Auction at any time. In connection with any Auction, upon submission by a Term Loan Lender of a Return Bid, such Term Loan Lender (each, a “Qualifying Lender”) will be obligated to sell the entirety or its allocable portion of the Reply Amount, as the case may be, at the Applicable Discount. (e) Notwithstanding the provisions of this Section 5.19, the Administrative Agent in consultation with the Borrower, may amend or modify the procedures, notices, bids and Assignment and Acceptance Agreement in connection with any Auction (including, solely with Borrower’s consent), (i) any term to the extent Borrower’s commercial interests will be materially adversely affected by such amendment or modification and (ii) the economic terms to the extent no Term Loan Lenders have validly tendered Term Loans requested in an offer, but excluding economic terms of an auction after any Term Loan Lenders in the Applicable Term Loan Facility have validly tendered Term Loans requested in an offer, other than to increase the Auction Amount or raise the Discount Range; provided that no such amendments or modifications may be implemented after 24 hours prior to the date and time return bids are due. (f) All parties to the relevant repurchases shall render customary “big-boy” disclaimer letters or any such disclaimers shall be incorporated into the terms of the Assignment and Assumption.

  • Collection Procedures (a) On or before the Closing Date, the Seller and the Purchaser shall have established and shall maintain thereafter the system of collecting and processing Collections of Receivables in accordance with Section 2.02 of the Servicing Agreement. (b) The Seller shall cause all in-store payments to be (i) processed as soon as possible after such payments are received by the Seller but in no event later than the Business Day after such receipt, and (ii) delivered to the Servicer or, if a Daily Payment Event has occurred, deposited in the Collection Account no later than the second Business Day following the date of such receipt. (c) The Seller and the Purchaser shall deliver to the Servicer or, if a Daily Payment Event has occurred, deposit into the Collection Account all Recoveries received by it within two Business Days after the Date of Processing for such Recovery. (d) Any funds held by the Seller representing Collections of Receivables shall, until delivered to the Servicer or deposited in the Collection Account, be held in trust by the Seller on behalf of the Trustee as part of the Trust Estate. (e) The Seller hereby irrevocably waives any right to set off against, or otherwise deduct from, any Collections. (f) The Seller acknowledges that Seller shall not have any right, title or interest in and to any Trust Account.

  • Application Procedures i) An employee applies for a listing on the system-wide registry through the employee’s Human Resources Department by completing the form in Appendix A. ii) The institution will immediately forward the completed form to the PSEA who will list eligible employees on the system-wide registry. iii) A registrant is responsible to ensure the information is current and to immediately notify the Employer and the local Union if the registrant is no longer available for employment through the Registry.

  • Transaction Procedures All series transactions for the Designated Series shall be consummated by payment to, or delivery by, the Custodian(s) from time to time designated by the Fund (the “Custodian”), or such depositories or agents as may be designated by the Custodian in writing, of all cash and/or securities due to or from the Series. The Subadviser shall not have possession or custody of such cash and/or securities or any responsibility or liability with respect to such custody. The Subadviser shall advise the Custodian and confirm in writing to the Fund all investment orders for the Designated Series placed by it with brokers and dealers at the time and in the manner set forth in Schedule A hereto (as amended from time to time). The Fund shall issue to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Subadviser. The Fund shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon giving proper instructions to the Custodian, the Subadviser shall have no responsibility or liability with respect to custodial arrangements or the act, omissions or other conduct of the Custodian.