Mexican IMMEX or Maquiladora Permits and Customs Transfer Sample Clauses

Mexican IMMEX or Maquiladora Permits and Customs Transfer. Seller and Carplastic shall (a) execute and deliver to Mexico Buyer any and all documents necessary for Mexico Buyer to obtain from the Ministry of Economy of Mexico its independent IMMEX or maquila program as well as to obtain from the Mexican Customs Authorities the information and registrations required to conduct the Virtual Customs Transfer of the Acquired Assets located in Mexico and (b) cooperate and collaborate with and assist Mexico Buyer to complete the Virtual Customs Transfer of substantially all of the Acquired Assets located in Mexico under the temporary importation customs regime, including the transfer all of the Acquired Assets critical to the operation of the Business from Carplastic's IMMEX or maquila program to the IMMEX or maquila program to be secured by Mexico Buyer. Notwithstanding the foregoing, Buyer shall pay or reimburse Seller within ten (10) days after payment, all costs and expenses, including Taxes and brokers' fees, that are or may become payable as a result of the Virtual Customs Transfers.
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