Common use of De Minimis Clause in Contracts

De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does not exceed ten percent (10%) of the FOB value of the good and the good meets all other applicable criteria set forth in this Agreement for qualifying as an originating good. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-originating materials for any applicable RVC requirement for the good.

Appears in 6 contracts

Samples: Asean Trade in Goods Agreement, Asean Trade in Goods Agreement, Asean Trade in Goods Agreement

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De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if if: (a) the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does do not exceed ten percent (10%) of the FOB value of the good and good; and (b) the good meets all other applicable criteria set forth in this Agreement Chapter for qualifying as an originating goodgoods. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-originating materials for any applicable RVC QVC requirement for the good.

Appears in 3 contracts

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

De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does not exceed ten percent (10%) of the FOB value of the good and the good meets all other applicable criteria set forth in this Agreement Chapter for qualifying as an originating good. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-originating materials for any applicable RVC requirement for the good.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does not exceed ten percent (10%) of the FOB value of the good and the good meets all other applicable criteria set forth in this Agreement for qualifying as an originating good. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-originating materials for any applicable RVC requirement for the good.

Appears in 2 contracts

Samples: Asean Trade in Goods Agreement, Asean Trade in Goods Agreement

De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if the value of all non-non- originating materials used in its production that do not undergo the required change in tariff classification does not exceed ten percent (10%) of the FOB value of the good and the good meets all other applicable criteria set forth in this Agreement Chapter for qualifying as an originating good. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-originating materials for any applicable RVC requirement for the good.

Appears in 1 contract

Samples: Free Trade Agreement

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De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does not exceed ten percent (10%) percent of the FOB value of the good and the good meets all other applicable criteria set forth in this Agreement for qualifying as an originating good. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-originating materials for any applicable RVC requirement for the good.

Appears in 1 contract

Samples: Asean Trade in Goods Agreement

De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if if: (a) the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does do not exceed ten percent (10%) of the FOB value of the good and good; and (b) the good meets all other applicable criteria set forth in this Agreement Chapter for qualifying as an originating goodgoods. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-non- originating materials for any applicable RVC QVC requirement for the good.

Appears in 1 contract

Samples: Free Trade Agreement

De Minimis. 1. A good that does not undergo a change in tariff classification shall be considered as originating if if: (a) the value of all non-originating materials used in its production that do not undergo the required change in tariff classification does do not exceed ten percent (10%) 10 per cent of the FOB value of the good and good; and (b) the good meets all other applicable criteria set forth in this Agreement Chapter for qualifying as an originating goodgoods. 2. The value of non-originating materials referred to in paragraph 1 of this Article shall, however, be included in the value of non-non- originating materials for any applicable RVC QVC requirement for the good.

Appears in 1 contract

Samples: Free Trade Agreement

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