Qualifying Value Content (QVC Sample Clauses

The Qualifying Value Content (QVC) clause defines the minimum proportion of a product or service’s value that must originate from specified sources, such as local suppliers or particular regions. In practice, this clause typically requires that a certain percentage of the total cost or components of a deliverable be sourced domestically or from approved entities, often verified through documentation or audits. Its core function is to promote local industry participation, ensure compliance with regulatory or funding requirements, and prevent circumvention of sourcing rules.
POPULAR SAMPLE Copied 1 times
Qualifying Value Content (QVC. 1. The QVC of a good shall be calculated as follows: V- VNM V x 100 where: 2. For the purposes of calculating the QVC provided in paragraph 1, VNM shall be: (a) the CIF value at the time of importation of the goods; or (b) the earliest ascertained price paid for the goods of undetermined origin in the territory of the Party where the working or processing takes place.
View SourceView Similar (3)
Qualifying Value Content (QVC. 1. The QVC of a good shall be calculated as follows: V- VNM V x 100 where: QVC - is the qualifying value content expressed as a percentage; V - is the FOB value of the final good; and VNM - is the CIF value of the non-originating materials. 2. For the purposes of calculating the QVC provided in paragraph 1, VNM shall be: (a) the CIF value at the time of importation of the goods; or (b) the earliest ascertained price paid for the goods of undetermined origin in the territory of the Party where the working or processing takes place.
View SourceView Similar (2)
Qualifying Value Content (QVC. 1. The QVC of a good shall be calculated as follows: QVC = FOB - VNM / FOB x 100 Where:
View Source

Related to Qualifying Value Content (QVC

  • Qualifying Period If a regular employee is promoted or transferred to a position, then that employee shall be considered a qualifying employee in her new position for a period of ninety (90) calendar days. If a regular employee is promoted or transferred to a position either within or outside the certification and is found to be unsatisfactory, she shall be returned to her previously held position. If a regular employee is promoted to a position, either within or outside the certification, and finds the position to be unsatisfactory, she shall be returned to her previously held position.

  • Venue Limitation for TIPS Sales Vendor agrees that if any "Venue" provision is included in any TIPS Sale Agreement/contract between Vendor and a TIPS Member, that clause must provide that the "Venue" for any litigation or alternative dispute resolution shall be in the state and county where the TIPS Member operates unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing a “Venue” clause that conflicts with these terms is rendered void and unenforceable.