Common use of Intermediate Materials Clause in Contracts

Intermediate Materials. 1. For the purposes of calculating the regional value content under Article 4-04, the producer of a good may designate as an intermediate material, any self-produced material used in the production of the good, provided such material is an originating good as established in Article 4-03. 2. Where an intermediate material is subject to a regional value content under Annex 4-03, the value shall be calculated on the basis of the net cost method established in Article 4-04 (4). 3. For the purposes of calculating the regional value content of a good, the value of the intermediate material shall be the total cost that can reasonably be assigned to that intermediate material as established in the Uniform Regulations of this Chapter. 4. If a material designated as an intermediate material is subject to a regional value content, no other self-produced material subject to a regional value content used in the production of that intermediate material may be designated by the producer as an intermediate material. 5. Except where two or more producers accumulate their production under Article 4-08, the restriction established in paragraph 4 shall not apply to an intermediate material used by another producer in the production of a material that is subsequently purchased and used in the production of a good by the producer mentioned in paragraph 4.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

AutoNDA by SimpleDocs

Intermediate Materials. 1. For the purposes of calculating the regional value content under Article 4-04, the producer of a good may designate as an intermediate material, any self-produced material used in the production of the good, provided such material maiterial is an originating good as established in Article 4-03. 2. Where an intermediate material is subject to a regional value content under Annex 4-03, the value shall be calculated on the basis of the net cost method established in Article 4-04 (4). 3. For the purposes of calculating the regional value content of a good, the value of the intermediate material shall be the total cost that can reasonably be assigned to that intermediate material as established in the Uniform Regulations of this Chapter. 4. If a material designated as an intermediate material is subject to a regional value content, no other self-produced material subject to a regional value content used in the production of that intermediate material may be designated by the producer as an intermediate material. 5. Except where two or more producers accumulate their production under Article 4-08, the restriction established in paragraph 4 shall not apply to an intermediate material used by another producer in the production of a material that is subsequently purchased and used in the production of a good by the producer mentioned in paragraph 4.

Appears in 1 contract

Samples: Free Trade Agreement

Intermediate Materials. 1. For the purposes of calculating the regional value content under in accordance with Article 4-04, the producer of a good may designate as an intermediate material, material any self-produced material used in the production of the good, provided that such material is an originating good as established in within the meaning of Article 4-03. 2. Where an When the intermediate material is subject to a regional value content under Annex 4-03content, the value this shall be calculated on the basis of the net cost method established in accordance with Article 4-04 (404(4). 3. For the purposes of calculating the regional value content of a the good, the value of the intermediate material shall be the total cost that can be reasonably be assigned to that intermediate material as established in accordance with the provisions of the Uniform Regulations of this Chapterchapter. 4. If a material designated as an intermediate material is subject to a regional value content, no other self-self- produced material subject to a regional value content used in the production of that intermediate material may may, in turn, be designated by the producer as an intermediate material. 5. Except where two or more producers accumulate cumulate their production under Article 4-08, the restriction established set forth in paragraph 4 shall not apply to an intermediate material used by another producer in the production of a material that is subsequently purchased acquired and used in the production of a good by the producer mentioned referred to in paragraph 4.

Appears in 1 contract

Samples: Free Trade Agreement

AutoNDA by SimpleDocs

Intermediate Materials. 1. For the purposes of calculating the regional value content under in accordance with Article 4-04, the producer of a good may designate as an intermediate material, material any self-produced material used in the production of the good, provided that such material is an originating good as established in within the meaning of Article 4-03. 2. Where an When the intermediate material is subject to a regional value content under Annex 4-03content, the value this shall be calculated on the basis of the net cost method established in accordance with Article 4-04 (44- 04(4). 3. For the purposes of calculating the regional value content of a the good, the value of the intermediate material shall be the total cost that can be reasonably be assigned to that intermediate material as established in accordance with the provisions of the Uniform Regulations of this Chapterchapter. 4. If a material designated as an intermediate material is subject to a regional value content, no other self-self- produced material subject to a regional value content used in the production of that intermediate material may may, in turn, be designated by the producer as an intermediate material. 5. Except where two or more producers accumulate cumulate their production under Article 4-08, the restriction established set forth in paragraph 4 shall not apply to an intermediate material used by another producer in the production of a material that is subsequently purchased acquired and used in the production of a good by the producer mentioned referred to in paragraph 4.

Appears in 1 contract

Samples: Free Trade Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!