Common use of Importation Clause in Contracts

Importation. The goods referred to herein have been acquired by the LESSOR in the Federal Republic of Germany, and shall be imported by THE LESSEE to the Republic of Colombia, thereby obliging the aforementioned party to comply irrevocably with the laws and regulations that apply to the importation of goods to Colombia. ------------------------------------- In particular, THE LESSEE is expressly directed to comply with the constitutional safeguards required by law, with the prompt presentation of the purchase invoice and the pertaining customs declaration, in accordance with the prevailing legal statutes and the timely payment of customs duties (among others the import duty, taxes and any other encumbrances applicable to the leased goods) and in general to comply with any customs and fiscal obligations in accordance with the terms of the contract and legal provisions.----------------- If for legal reasons, the authorities should issue official requirements or liquidation or should demand compliance with any customs or fiscal obligation against THE LESSOR as owner, THE LESSEE shall be obliged to assume the costs and charges incurred including attorney fees if applicable, steps taken to respond to requests, resources to cover liquidation and in particular, to reimburse the LESSOR for the costs and charges incurred including, if necessary, import duties, taxes, fines and other encumbrances that the aforementioned party has had to pay in compliance with customs and fiscal regulations.-------------------------------------------------

Appears in 1 contract

Samples: Transtel S A

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Importation. The goods referred to herein have been acquired by the LESSOR in the Federal Republic of Germany, and shall be imported by THE LESSEE to the Republic of Colombia, thereby obliging the aforementioned party to comply irrevocably with the laws and regulations that apply to the importation of goods to Colombia. ------------------------------------- Colombia.-------------------------------------------------------------------- In particular, THE LESSEE is expressly directed to comply with the constitutional safeguards required by law, with the prompt presentation of the purchase invoice and the pertaining customs declaration, in accordance with the prevailing legal statutes and the timely payment of customs duties (among others the import duty, taxes and any other encumbrances applicable to the leased goods) and in general to comply with any customs and fiscal obligations in accordance with the terms of the contract and legal provisions.----------------- If for legal reasons, the authorities should issue official requirements or liquidation or should demand compliance with any customs or fiscal obligation against THE LESSOR as owner, THE LESSEE shall be obliged to assume the costs and charges incurred including attorney fees if applicable, steps taken to respond to requests, resources to cover liquidation and in particular, to reimburse the LESSOR for the costs and charges incurred including, if necessary, import duties, taxes, fines and other encumbrances that the aforementioned party has had to pay in compliance with customs and fiscal regulations.-------------------------------------------------

Appears in 1 contract

Samples: Transtel S A

Importation. The goods referred to herein have been acquired by the LESSOR in the Federal Republic of Germany, and shall be imported by THE LESSEE to the Republic of Colombia, thereby obliging the aforementioned party to comply irrevocably with the laws and regulations that apply to the importation of goods to Colombia. ------------------------------------- Colombia.---------------------------------------------------------------- In particular, THE LESSEE is expressly directed to comply with the constitutional safeguards required by law, with the prompt presentation of the purchase invoice and the pertaining customs declaration, in accordance with the prevailing legal statutes and the timely payment of customs duties (among others the import duty, taxes and any other encumbrances applicable to the leased goods) and in general to comply with any customs and fiscal obligations in accordance with the terms of the contract Contract and legal provisions.----------------- If for legal reasons, the authorities should issue official requirements or liquidation or should demand compliance with any customs or fiscal obligation against THE LESSOR as owner, THE LESSEE shall be obliged to assume the costs and charges incurred including attorney fees if applicable, steps taken to respond to requests, resources to cover liquidation and in particular, to reimburse the LESSOR for the costs and charges incurred including, if necessary, import duties, taxes, fines and other encumbrances that the aforementioned party has had to pay in compliance with customs and fiscal regulations.-------------------------------------------------regulations.------------------------------------------------

Appears in 1 contract

Samples: Transtel S A

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Importation. The goods referred to herein have been acquired by the LESSOR in the Federal Republic of Germany, and shall be imported by THE LESSEE to the Republic of Colombia, thereby obliging the aforementioned party to comply irrevocably with the laws and regulations that apply to the importation of goods to Colombia. ------------------------------------- Colombia.------------------------------------------------------------------ In particular, THE LESSEE is expressly directed to comply with the constitutional safeguards required by law, with the prompt presentation of the purchase invoice and the pertaining customs declaration, in accordance with the prevailing legal statutes and the timely payment of customs duties (among others the import duty, taxes and any other encumbrances applicable to the leased goods) and in general to comply with any customs and fiscal obligations in accordance with the terms of the contract and legal provisions.----------------- provisions.--------------- If for legal reasons, the authorities should issue official requirements or liquidation liquidations or should demand compliance with any customs or fiscal obligation against THE LESSOR as owner, THE LESSEE shall be obliged to assume the costs and charges incurred including attorney fees if applicable, steps taken to respond to requests, resources to cover liquidation liquidations and in particular, to reimburse the LESSOR for the costs and charges incurred including, if necessary, import duties, taxes, fines and other encumbrances that the aforementioned party has had to pay in compliance with customs and fiscal regulations.-------------------------------------------------regulations.-------------------------------

Appears in 1 contract

Samples: Transtel S A

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