Conflict Minerals Compliance. Seller is expected to ensure that parts and products supplied to Buyer are “DRC conflict-free,” meaning that if they contain metals derived from columbite- tantalite (tantalum), cassiterite (tin), gold, wolframite (tungsten), or their derivatives (collectively “Conflict Minerals”), such Conflict Minerals either originate outside the Democratic Republic of the Congo or an adjoining country (“Covered Countries”), or if sourced within the Covered Countries, are confirmed to be conflict-free, meaning that the minerals do not directly or indirectly finance or benefit armed rebel groups through mining or mineral trading in the Covered Countries. Seller shall establish and implement policies, due diligence frameworks, and management systems consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High- Risk Areas. Seller acknowledges and understands that as a U.S. public company, Buyer is required to comply with the requirements of Section 1502 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (“Xxxx Xxxxx”) and the U.S. Securities and Exchange Commission (“SEC”) rules and regulations, which require Buyer to report the use of Conflict Minerals in the manufacture of its products. Xxxxxx agrees to cooperate with Xxxxx’s due diligence efforts necessary to comply with Xxxx Xxxxx and the SEC. Further, Seller shall disclose to Buyer any use of Conflict Minerals in the production of any parts or products subject to this agreement, and, if such materials are used, shall submit a description reasonably acceptable to Buyer of measures taken to assure the appropriate sourcing and chain of custody of such Conflict Minerals.
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Samples: General Terms and Conditions for Purchase, General Terms and Conditions for Purchase
Conflict Minerals Compliance. Seller is expected to ensure that parts and products supplied to Buyer are “DRC conflict-free,” meaning that if they contain metals derived from columbite- columbite-tantalite (tantalum), cassiterite (tin), gold, wolframite (tungsten), or their derivatives (collectively “Conflict Minerals”), such Conflict Minerals either originate outside the Democratic Republic of the Congo or an adjoining country (“Covered Countries”), or if sourced within the Covered Countries, are confirmed to be conflict-free, meaning that the minerals do not directly or indirectly finance or benefit armed rebel groups through mining or mineral trading in the Covered Countries. Seller shall establish and implement policies, due diligence frameworks, and management systems consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High- High-Risk Areas. Seller acknowledges and understands that as a U.S. public company, Buyer is required to comply with the requirements of Section 1502 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (“Xxxx Xxxxx”) and the U.S. Securities and Exchange Commission (“SEC”) rules and regulations, which require Buyer to report the use of Conflict Minerals in the manufacture of its products. Xxxxxx Seller agrees to cooperate with XxxxxBuyer’s due diligence efforts necessary to comply with Xxxx Xxxxx and the SEC. Further, Seller shall disclose to Buyer any use of Conflict Minerals in the production of any parts or products subject to this agreement, and, if such materials are used, shall submit a description reasonably acceptable to Buyer of measures taken to assure the appropriate sourcing and chain of custody of such Conflict Minerals.
Appears in 2 contracts
Samples: General Terms and Conditions for Purchase, General Terms and Conditions for Purchase
Conflict Minerals Compliance. Seller is expected to ensure that parts and products supplied to Buyer are “DRC conflict-free,” meaning that if they contain metals derived from columbite- columbite-tantalite (tantalum), cassiterite (tin), gold, wolframite (tungsten), or their derivatives (collectively “Conflict Minerals”), such Conflict Minerals either originate outside the Democratic Republic of the Congo or an adjoining country (“Covered Countries”), or if sourced within the Covered Countries, are confirmed to be conflict-free, meaning that the minerals do not directly or indirectly finance or benefit armed rebel groups through mining or mineral trading in the Covered Countries. Seller shall establish and implement policies, due diligence frameworks, and management systems consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High- High-Risk Areas. Seller acknowledges and understands that as a U.S. public company, Buyer is required to comply with the requirements of Section 1502 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (“Xxxx Xxxxx”) and the U.S. Securities and Exchange Commission (“SEC”) rules and regulations, which require Buyer to report the use of Conflict Minerals in the manufacture of its products. Xxxxxx agrees to cooperate with Xxxxx’s due diligence efforts necessary to comply with Xxxx Xxxxx and the SEC. Further, Seller shall disclose to Buyer any use of Conflict Minerals in the production of any parts or products subject to this agreement, and, if such materials are used, shall submit a description reasonably acceptable to Buyer of measures taken to assure the appropriate sourcing and chain of custody of such Conflict Minerals.
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Conflict Minerals Compliance. Seller Supplier is expected to ensure that parts and products supplied to Buyer Welbilt are “DRC conflict-free,” meaning that if they contain metals derived from columbite- columbite-tantalite (tantalum), cassiterite (tin), gold, wolframite (tungsten), or their derivatives (collectively “Conflict Minerals”), such Conflict Minerals either originate outside the Democratic Republic of the Congo or an adjoining country (“Covered Countries”), or if sourced within the Covered Countries, are confirmed to be conflict-conflict- free, meaning that the minerals do not directly or indirectly finance or benefit armed rebel groups through mining or mineral trading in the Covered Countries. Seller Supplier shall establish and implement policies, due diligence frameworks, and management systems consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High- High-Risk Areas. Seller Supplier acknowledges and understands that as a U.S. public company, Buyer Welbilt is required to comply with the requirements of Section 1502 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (“Xxxx Xxxxx”) and the U.S. Securities and Exchange Commission (“SEC”) rules and regulations, which require Buyer Welbilt to report the use of Conflict Minerals in the manufacture of its products. Xxxxxx Supplier agrees to cooperate with XxxxxWelbilt’s due diligence efforts necessary to comply with Xxxx Xxxxx and the SEC. Further, Seller Supplier shall disclose to Buyer Welbilt any use of Conflict Minerals in the production of any parts or products subject to this agreement, and, if such materials are used, shall submit a description reasonably acceptable to Buyer Welbilt of measures taken to assure the appropriate sourcing and chain of custody of such Conflict Minerals.
Appears in 1 contract
Samples: Supply Chain Agreement
Conflict Minerals Compliance. Seller is expected to ensure that parts and products supplied to Buyer are “DRC conflict-free,” meaning that if they contain metals derived from columbite- tantalite (tantalum), cassiterite (tin), gold, wolframite (tungsten), or their derivatives (collectively “Conflict Minerals”), such Conflict Minerals either originate outside the Democratic Republic of the Congo or an adjoining country (“Covered Countries”), or if sourced within the Covered Countries, are confirmed to be conflict-free, meaning that the minerals do not directly or indirectly finance or benefit armed rebel groups through mining or mineral trading in the Covered Countries. Seller shall establish and implement policies, due diligence frameworks, and management systems consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High- High-Risk Areas. Seller acknowledges and understands that as a U.S. public company, Buyer is required to comply with the requirements of Section 1502 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (“Xxxx Xxxxx”) and the U.S. Securities and Exchange Commission (“SEC”) rules and regulations, which require Buyer to report the use of Conflict Minerals in the manufacture of its products. Xxxxxx Seller agrees to cooperate with XxxxxBuyer’s due diligence efforts necessary to comply with Xxxx Xxxxx and the SEC. Further, Seller shall disclose to Buyer any use of Conflict Minerals in the production of any parts or products subject to this agreement, and, if such materials are used, shall submit a description reasonably acceptable to Buyer of measures taken to assure the appropriate sourcing and chain of custody of such Conflict Minerals.
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