Foreign Trade Zone. If Buyer and Seller agree to operate from a foreign trade zone (“FTZ”), any benefit arising from operation in such FTZ will inure to Buyer, and both parties will cooperate and adopt procedures designed to capture and maximize such benefit.
Foreign Trade Zone. If Buyer and Supplier agree to operate from any Foreign Trade Sub-Zone established by Buyer, any benefit arising from operation in such Foreign Trade Sub-Zone will inure to Buyer, and both parties will cooperate and adopt procedures designed to capture and maximize such benefit. Supplier shall be reimbursed immediately for any reasonable additional expense incurred to capture and maximize such benefit for Buyer.
Foreign Trade Zone. Each of Landlord and Tenant shall reasonably cooperate with the other to (a) minimize the adverse tax impact, if any, of the termination of the Foreign Trade Zone or Subzone applicable to the Premises, and (b) avoid such termination, provided that such cooperation shall not require Tenant to incur any material cost or expenditure, or assume any obligation or liability.
Foreign Trade Zone. The Refinery complex is operating in Foreign Trade Zone 35C (the “Subzone”) under a valid grant of authority from the Foreign Trade Zones Board and has been activated with the U.S. Customs Service. Sunoco’s Marcus Hook Refinery complex is also operating in the Subzone pursuant to the same grant of authority. Promptly after the Closing, Sunoco shall cause Sunoco, Inc. (R&M) to take all necessary actions, with the assistance and cooperation of TCG and NewCo, to prepare and file with U.S. Customs and Border Protection (“Customs”), the applicable port authority (the “Port Authority”) and any other Governmental Authority the documents required to request formal approval to remove the Marcus Hook Refinery complex from the granted and activated Subzone. Thereafter, Sunoco shall cause Sunoco, Inc. (R&M) to take, and NewCo shall take, all necessary actions to prepare and file with Customs, the Port Authority and any other Governmental Authority the documents required to request formal approval for the change in operator of the Philadelphia Refinery complex Subzone from Sunoco, Inc. (R&M) to NewCo (the “Subzone Application”). In connection with the Subzone Application, NewCo shall promptly submit to Customs, the Port Authority and other Governmental Authority such supplemental information and take such additional actions as Customs, the Port Authority and any other Governmental Authority may request or require in connection therewith. NewCo shall use commercially reasonable efforts to cause the Subzone Application to be granted, including executing all such additional agreements and orders with Customs, the Port Authority and any other Governmental Authority and providing all financial assurance (including the posting of bonds) required by Customs, the Port Authority and any other Governmental Authority.
Foreign Trade Zone. A. Scope Adjustments The Parties agree the Scope of Work will be adjusted as outlined in Exhibit N Phase 1 Scope Trend #S1-00116 (Foreign Trade Zone Phase 1).
Foreign Trade Zone. Seller understands and agrees that Xxxxx's facility where the Work is to be performed under the Contract Documents has been or may be designated a Foreign Trade Subzone pursuant to 19 U.S.C. §81b. As such, all vehicles and persons entering or departing the Foreign Trade Subzone are subject to Buyer's inspection and Seller may be required to provide a general inventory of any and all tools, equipment, materials or merchandise passing in or out of the Foreign Trade Subzone during the course of the Work, but in particular, those items of equipment of a material nature such as compressors, welders, generators, etc. Seller further agrees to strictly comply with all requirements of the Foreign Trade Zones Act (19 U.S.C. §81a et seq.) and all rules, regulations, or laws of any kind relating to the Foreign Trade Zones Act which are now or hereafter prescribed by governmental authority to include, but not be limited to:
(a) Controlled vehicular plant entrance via the gate designated from time to time by Xxxxx. A vehicle pass shall be required for entrance at all times.
(b) Identification badges for all contractors. Identification badges must be clearly and visibly displayed while in the Foreign Trade Subzone.
(c) Compliance with all Buyer's safety/security regulations and requirements.
(d) Any and all Foreign Trade Subzone perimeter fence alterations shall not be permitted without prior written authorization of Buyer. Damages to perimeter fencing/gate/structural integrity shall be immediately reported to Buyer.
Foreign Trade Zone. The Facility is operating in Foreign Trade Subzone 142C (the “Subzone”) under a valid grant of authority from the Foreign Trade Zones Board and has been activated with the U.S. Customs Service. Prior to Closing, the Parties will take any steps necessary to transfer CEPOC’s grant of authority for the Subzone to the Buyer to be effective as of the Closing Date, including the following:
(a) the Parties shall jointly notify the Foreign Trade Zones Board of the Parties’ intent to transfer the grant of authority to the Buyer;
(b) the Parties shall jointly request a change in operator of the Subzone with the Grantee of the Subzone, the Philadelphia Regional Port Authority, to be effective as of the Closing Date; and
(c) prior to or upon receipt of the Buyer’s approval of the change in operator of the Subzone, the Buyer will submit a new operator package to the Grantee, including a foreign trade zones bond and operator manual, that will be substituted for CEPOC’s existing operator package (including bond and manual).
Foreign Trade Zone. (a) The Facility is operating as a subzone, Subzone 122A (the "Subzone") under a valid grant of authority from the Foreign Trade Zones Board and has been activated with the U.S.
Foreign Trade Zone. Where applicable, Xxxxx will provide Alliance with its information requirements necessary for Xxxxx'x compliance with Foreign Trade Zone ("FTZ") status. Alliance will use reasonable efforts to provide the requested information. For compliance with FTZ requirements, the designated point of custody transfer for (i) the Lima FTZ shall be the Lima Terminal rack meter, (ii) the Port Xxxxxx FTZ shall be the Xxxxx Pipeline meter, (iii) the Blue Island FTZ, shall be the Xxxxxxx Terminal receipt meter, and (iv) the Hartford FTZ shall be the Hartford Terminal receipt meter (or until such time as a receipt meter is installed, the truck rack meter and/or the pipeline meter). In addition, Alliance shall provide reports as defined in Section 4.4.
Foreign Trade Zone. Landlord acknowledges Tenant may use a portion or all of the Property as a foreign trade zone (“FTZ”). Landlord will reasonably cooperate with Tenant and Tenant’s FTZ consultant, at no additional cost to Landlord, in securing and maintaining FTZ status for the Property. Such actions may include, without limitation, enforcing Tenant’s reasonable security rules and regulations with respect to the Property.
