Common use of FOREIGN OFFSET Clause in Contracts

FOREIGN OFFSET. If the Contract is issued to a non-U.S. Seller and/or if the work is being performed by a non-U.S. Seller in whole or in part, all offset credits resulting from this Contract will be the sole property of Buyer. Xxxxxx agrees, at no cost, to assist Xxxxx (or Xxxxx’s parents or affiliates if requested) in securing appropriate offset credits from the respective government authorities. If requested, Seller shall provide information to Buyer related to the Canadian Content Value of the Contract.

Appears in 3 contracts

Samples: Sale Spare Parts Terms and Conditions, Indirect Purchase Order Terms and Conditions, Indirect Purchase Order Terms and Conditions

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FOREIGN OFFSET. If the Contract is issued to a non-U.S. Seller and/or if the work is being performed by a non-U.S. Seller in whole or in part, all offset credits resulting from this Contract will be the sole property of Buyer. Xxxxxx agrees, at no cost, to assist Xxxxx (or Xxxxx’s parents or affiliates if requested) in securing appropriate offset credits from the respective government authorities. If requestedXxxxxx agrees to (a) Xxxxxx agrees to complete the Annex A, Seller shall provide information to Buyer related to the Canadian Content Value of the ContractIndustrial and Technological Benefits Certification upon Xxxxx’s request.

Appears in 1 contract

Samples: www.gdls-canada.com

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