Common use of Middle East and Asia Clause in Contracts

Middle East and Asia. United Arab Emirates 1. A document administration fee of $65 will be charged for each item of Equipment requiring title or registration documents. 2. You hereby authorize RB Group to appoint a customs broker to act on your behalf in the preparation of any necessary customs document required to allow the Equipment to enter RB Group’s yard and all costs incurred in this regard shall be at the expense of and paid by you. 3. In addition to delivering documents pursuant to Section B, Clause 2.1, you will deliver all documents required for the import or export of the Equipment by the Buyer, including but not limited to Vehicle Export Certificates (V.E.C.) in the name of RB Group Export Plates and Certificates of Origin. 4. Should RB Group be required to purchase titles on the Seller’s behalf, RB Group shall be entitled to interest on amounts advanced at a rate of US Bank prime plus 2%. 5. For Equipment located at the time of the sale in the Jebel Ali Free Zone Dubai, United Arab Emirates, the Seller shall raise a VAT compliant invoice, expressed in AED and US Dollar, directed to the RB Group upon instruction of RB Group.