Common use of Exports of Technology Clause in Contracts

Exports of Technology. Without in any way limiting the provisions of the Party Agreements, each of the Parties agrees that no products, items, commodities or technical data or information obtained from a Party nor any direct product of such technical data or information is intended to or shall be exported or re-exported, directly or indirectly, to any destination restricted or prohibited by Applicable Law without necessary authorization by the Governmental Authorities, including the United States Bureau of Export Administration (the “BEA”) or other Governmental Authorities of the United States with jurisdiction with respect to export matters. Without limiting the generality of the foregoing, each Party agrees that it will not, without authorization from the Office of Export Licensing of the BEA, knowingly export or re-export to a destination outside of the United States General License GTDR technical data or information of United States origin subject to this Agreement, or the direct product thereof, or the product of a plant or major component of a plant that is the direct product thereof, without first providing any applicable export assurances of the exporting party. Notwithstanding anything to the contrary, Verdant will not disclose to WindStrip and/or any Collaboration entity any information concerning processing, fabrication and/or equipment which is subject to any applicable export restrictions without first notifying WindStrip of these restrictions, and securing written consent from an officer of WindStrip to the disclosure.

Appears in 3 contracts

Samples: Joint Development Agreement, Joint Development Agreement (VRDT Corp), Joint Development Agreement (Verdant Automotive Corp)

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Exports of Technology. Without in any way limiting the provisions of the Party Agreements, each of the Parties agrees that no products, items, commodities or technical data or information obtained from a Party nor any direct product of such technical data or information is intended to or shall be exported or re-exported, directly or indirectly, to any destination restricted or prohibited by Applicable Law without necessary authorization by the Governmental Authorities, including the United States Bureau of Export Administration (the “BEA”) or other Governmental Authorities of the United States with jurisdiction with respect to export matters. Without limiting the generality of the foregoing, each Party agrees that it will not, without authorization from the Office of Export Licensing of the BEA, knowingly export or re-export to a destination outside of the United States General License GTDR technical data or information of United States origin subject to this Agreement, or the direct product thereof, or the product of a plant or major component of a plant that is the direct product thereof, without first providing any applicable export assurances of the exporting party. Notwithstanding anything to the contrary, Verdant will not disclose to WindStrip TSU and/or any Collaboration entity any information concerning processing, fabrication and/or equipment which is subject to any applicable export restrictions without first notifying WindStrip TSU of these restrictions, and securing written consent from an officer of WindStrip TSU to the disclosure.

Appears in 1 contract

Samples: Joint Development Agreement (VRDT Corp)

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