Import and Export Control Laws. Each Party will comply in all material respects with all known applicable export and import control laws and regulations in its delivery and use of Confidential Information. In particular, neither Party will knowingly export or re-export Confidential Information in violation of (1) applicable economic sanctions laws administered and enforced by the U.S. Office of Foreign Assets Control (OFAC) (available as of the date hereof at xxxx://xxx.xxxxx.xxx/offices/enforcement/ofac) or (2) the denied persons list maintained by the U.S. Department of Commerce (available as of the date hereof at xxxx://xxx.xxx.xxx.xxx/dpl/default.shtm). The OFAC is part of the U.S. Department of the Treasury and is responsible for “administer[ing] and enforce[ing] economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes.” The Parties shall advise in writing (i) of the appropriate export classification codes of Centre Confidential Information and any related technical information that will be supplied, including, if applicable, the specific Export Control Classification Number (ECCN) or the EAR99 designation, whichever applies, and (ii) whether any Centre Confidential Information and any related technical information requires an export license.
Appears in 5 contracts
Samples: Mutual Non Disclosure Agreement, Mutual Non Disclosure Agreement, Mutual Non Disclosure Agreement
