Common use of Offset Credit Clause in Contracts

Offset Credit. a. To the exclusion of all others, NWUAV or its assignees shall be entitled to all industrial benefits or offset credits which might result from this Agreement. Seller shall provide documentation or other information which NWUAV or its assignees may reasonably request to substantiate claims for industrial benefits or offset credits. b. Seller agrees to use reasonable efforts to identify the foreign content of goods that Seller either produces itself or procures from subcontractors for work directly related to this Agreement. After selection of a non-U.S. subcontractor for work under this contract, Seller shall promptly notify NWUAV of the name, address, and subcontract point of contact, (including telephone number and email address) and dollar value of the subcontract.

Appears in 1 contract

Sources: General Purchase Order Terms & Conditions

Offset Credit. a. To the exclusion of all others, NWUAV or its assignees shall be entitled to all industrial benefits or offset credits which might result from this Agreement. Seller shall provide documentation or other information which NWUAV or its assignees may reasonably request to substantiate claims for industrial benefits or offset credits. b. Seller agrees to use reasonable efforts to identify the foreign content of goods that Seller either produces itself or procures from subcontractors for work directly related to this Agreement. After selection of a non-non- U.S. subcontractor for work under this contract, Seller shall promptly notify NWUAV of the name, address, and subcontract point of contact, (including telephone number and email address) and dollar value of the subcontract.

Appears in 1 contract

Sources: General Purchase Order Terms & Conditions