Common use of De Minimis Clause in Contracts

De Minimis. A good that does not meet tariff classification change requirements, pursuant to the provisions of Annex 5, shall nonetheless be considered to be an originating good if: (a) the value of all non-originating materials, including materials of undetermined origin, that do not meet the tariff classification change requirement does not exceed 10% of the FOB value of the given good, determined pursuant to Article 22; and (b) the good meets all the other applicable criteria of this Section.

Appears in 6 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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De Minimis. A good that does not meet tariff classification change requirements, pursuant to the provisions of Annex 5, shall nonetheless be considered to be an originating good if: : (a) the value of all non-originating materials, including materials of undetermined origin, that do not meet the tariff classification change requirement does not exceed 10% of the FOB value of the given good, determined pursuant to Article 22; and and (b) the good meets all the other applicable criteria of this Section.

Appears in 4 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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De Minimis. A good that does not meet tariff classification change requirements, pursuant to the provisions of Annex 5IV, shall nonetheless be considered to be an originating good good, if: (a) the value of all non-originating materialsmaterials determined pursuant to Article 25, including materials of undetermined origin, that do not meet the tariff classification change requirement does not exceed 10% of the FOB value of the given good, determined pursuant to Article 22; and (b) the good meets all the other applicable criteria of this SectionChapter.

Appears in 4 contracts

Samples: Rules of Origin, Free Trade Agreement, Free Trade Agreement

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