Common use of Trade Agreements Clause in Contracts

Trade Agreements. (a) If goods or services will be delivered to a destination country having a free trade agreement or other preferential trade customs union agreement, or customs program (“Trade Agreement”) with the country from which the goods are shipped, or the two countries are members of a customs union, Seller shall cooperate with Buyer to review eligibility of goods or services for any preferential tariff treatment and provide Buyer required documentation to support the applicable treatment. Similarly, should any Trade Agreement applicable to the scope of a Purchase Order exist at any time during its term and be of benefit to Buyer in Buyer’s judgment, Seller shall cooperate with Buyer’s efforts to realise any such available credits, including counter-trade or offset credit value, which may result from such Purchase Order, and Seller acknowledges that such credits and benefits shall inure solely to Buyer’s benefit. (b) Seller shall agree and cooperate with any verification audit/on-site inspection at Seller’s facilities requested by Buyer or Buyer’s Customs authorities to verify compliance with the rules of origin requirements.

Appears in 5 contracts

Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Order Agreement

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