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

Sources: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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

Sources: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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

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

De Minimis. A good that does not meet the requirements for a change in tariff classification change requirementsclassification, pursuant to the provisions in accordance with Annex 4 (Product Specific Rules of Annex 5Origin), shall nonetheless be considered to be an originating good ifprovided that: (a) the value of all non-originating materials, determined in accordance with Article 4.4 (Regional Value Content), including materials of undetermined origin, that which do not meet the change in tariff classification change requirement 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 1 contract

Sources: Free Trade Agreement