Exporter of Record definition

Exporter of Record means the entity officially involved in the export of a specific shipment of products out of a country or customs union. The exporter of record status makes a company responsible for obtaining export clearance and for complying with export regulations.
Sample 1Sample 2Sample 3
Exporter of Record. For import transactions (where Products are imported into the US), CLIENT shall be the importer of record and Products shall be cleared through CLIENT's U.S. Customs bond. CLIENT shall arrange with all customs house brokers to have the Products cleared through U.S. Customs, and thereafter held in trust for, and under the exclusive control of PFI. All customs house brokers must be approved in advance by PFI. For export transactions (where Products sourced in the US or other countries are sold to foreign buyers), CLIENT shall be the exporter of record and shall arrange for the supply of Products, their inland shipment and their export shipment through CLIENT's freight forwarder, subject to PFI's prior approval of such forwarder. PFI shall have the right to negotiate revisions to any payment arrangements directly with any supplier of Products and to control any shipment of the Products should PFI elect to exercise such rights. CLIENT and PFI shall jointly execute a letter to PFI's freight forwarder advising such forwarder of PFI's interest in the Products and instructing the forwarder to follow any instructions PFI might give concerning Products or related shipping documents; PFI shall have the right to give any such instructions directly to any forwarders or carriers and to confirm any related matters directly with any forwarders or carriers. For each letter of credit in CLIENT'S favor concerning Products, CLIENT shall execute an "authorization to pay proceeds of letter of credit" (also commonly referred to as "assignment of proceeds") to the bank where such letter of credit is payable, in a manner acceptable to such bank and in the full amount of the letter of credit. If requested by PFI, CLIENT shall execute a letter to any bank where a letter of credit covering any Products is payable, advising such bank that PFI is CLIENT's agent for matters concerning the letter of credit and requesting such bank to act according to PFI's instructions concerning such letter of credit or any documents presented under it.
Sample 1
Exporter of Record means the party responsible for (i) declaring the export to HM Revenue & Customs; (ii) ensuring that the export complies with the Applicable Laws of the country of export; and
Sample 1

Examples of Exporter of Record in a sentence

  • Purchaser must provide a Letter of Authorization from any third party designate stating it agrees to be the Importer or Exporter of Record on Purchaser's behalf and identify the name and address of the designated Importer or Exporter of Record.

  • The Purchaser agrees to be the Importer or Exporter of Record or designate an Importer or Exporter of Record/Consignee on its behalf.

  • For those Goods that are warehoused and/or shipped by the Seller to/from the United States and its insular possessions on Boeing’s behalf where Boeing is the US Importer or Exporter of Record (also known as US Principal Party in Interest – PPI), Seller agrees to comply with the supply chain security requirements from the Point of Origin as provided below.

  • In such case, Seller shall not be named as the Exporter of Record with respect to the Goods.

  • Historically, the Exporter of Record (EIR) submits a declaration to the U.S. Customs and Border Protection in the form of the Shipper’s Export Declaration (SED), Customs Form No. 7525-V.

  • The Authorized Manufacturer of SLS shall be responsible for the exportation clearance and process and act as Exporter of Record.

  • The Exporter of Record will be responsible for obtaining necessary export licenses and other government approvals required for export, and for preparing export documentation such as commercial invoices, shipper's export declarations, and international waybills.

  • For United States (“U.S.”) Exports and Imports, Customer will be the Exporter of Record (“EOR”) and the Importer of Record (“IOR”) of the Equipment, unless StandardAero otherwise agrees in writing.

  • Where Buyer requests a routed transaction (meaning it will along with its U.S freight forwarder accept responsibility as U.S Exporter of Record to attain such applicable Government approvals) it shall supply all required documentation to the Seller including the required routed transaction letters from both Buyer and its designated U.S. designated Forwarder/agent.

  • The subscription receipts converted to common shares on December 16, 2015 concurrently with closing the Transaction.


More Definitions of Exporter of Record

Exporter of Record means the entity responsible for obtaining and documenting Export clearance.
Sample 1
Exporter of Record means the party responsible for (i) declaring the export to the applicable Governmental Authority (HM Revenue & Customs for the UK); (ii) ensuring that the export complies with the Applicable Laws of the country of export; and (iii) paying all applicable taxes and export duties payable on the export.
Sample 1

Related to Exporter of Record

  • Customer of Record means the person that applies for utility service and is identified in the account records of a public utility as the person responsible for payment of the public utility bill. A customer may or may not be an end user, as defined herein.

  • Retailer of Record means the Retailer who is listed in FortisAlberta’s records through the procedures outlined in the Terms and Conditions, and thereby recognized by FortisAlberta and the Settlement System Code, as a particular Customer’s Retailer for a Point of Service at a particular time;

  • Owner of record The meaning set forth in the System Description.

  • Teacher of record means a teacher who meets all of the following:

  • Authorized distributor of record means a pharmaceutical wholesaler with whom a manufacturer has established an ongoing relationship to distribute the manufacturer's prescription drugs. An ongoing relationship is deemed to exist between such pharmaceutical wholesaler and a manufacturer, as defined in Section 1504 of the Internal Revenue Code, when the pharmaceutical wholesaler has a written agreement currently in effect with the manufacturer evidencing such ongoing relationship, and the pharmaceutical wholesaler is listed on the manufacturer's current list of authorized distributors of record.

  • Shareholder of Record means the record owner of shares issued by an Investment Company or, in the case of joint ownership of such shares, all record owners, as designated (1) in the initial account application, or (2) in writing accompanied by a signature guarantee, or (3) pursuant to procedures as set forth in the Application.

  • Lot of record means any lot, the description of which is properly recorded with the Register of Deeds, which at the time of its recordation complied with all applicable laws, ordinances, and regulations.

  • Version of Record is defined as the final version of the Contribution as originally published, and as may be subsequently amended following publication in a contractually compliant manner, by or on behalf of the Publisher.

  • Architect of Record means the architect licensed by the State who has the contract responsibility for the Project, who designs and prepares the construction documents from which the building is constructed, and who signs the required documents.

  • Address of record means the designated address recorded

  • Broker Dealer of Record means GWM Limited or any successor or replacement thereto or any other entity appointed as broker dealer of record in accordance with the terms of the Broker Dealer of Record Agreement.

  • Vital record means that term as defined in section 2805 of the public health code, 1978 PA 368, MCL 333.2805.

  • If recorded means if the data is recorded in non-volatile memory for the purpose of subsequent downloading.

  • Clinical record means a legible electronic or hard-copy history that documents the criteria established for medical records as set forth in rule 441—79.3(249A). A claim form or billing statement does not constitute a clinical record.

  • Client record means collected documentation of the behavioral health services provided to and information gathered regarding a client.

  • Email address of record means the designated email

  • Criminal record means the record of any —

  • System of records means a group of any records under the control of any agency from which information is retrieved by the name of the individual or by some identifying number, symbol, or other identifying particular assigned to the individual.

  • Official record means the record prepared and maintained by the department for each offender and juvenile received into the physical care and custody of the department. The record shall include, but is not limited to, written, printed, or electronic materials, documents, or data pertaining to services, programs, and all other official actions performed on behalf of that offender or juvenile. These records are identified by the same offender or juvenile name as received on the commitment order, assigned a department number as an identifier, and compiled and maintained as part of an offender/juvenile packet.

  • Master Batch Record means the document, proposed by Lonza and approved by Customer, which defines the manufacturing methods, test methods and other procedures, directions and controls associated with the manufacture and testing of Product.

  • Point(s) of Receipt means point(s) of interconnection on the Transmission Provider’s Transmission System where capacity and energy will be made available to the Transmission Provider by the Delivering Party under Tariff, Part II. The Point(s) of Receipt shall be specified in the Service Agreement for Long-Term Firm Point-To-Point Transmission Service. “Point-To-Point Transmission Service shall mean the reservation and transmission of capacity and energy on either a firm or non-firm basis from the Point(s) of Receipt to the Point(s) of Delivery under Tariff, Part II.

  • Relevant Record Date means the date on which a Bondholder’s ownership of Bonds shall be recorded in the CSD as follows:

  • Line Record means information in LIDB and/or the LIDB administrative system that is specific to a single telephone number or Special Billing Number.

  • Case record means the file of personally identifiable information, whether written or electronic in form, on an individual that is collected to carry out the purposes of the division as defined in the Act and the Social Security Act. This information remains a part of the case record and is subject to these rules even when temporarily physically removed, either in whole or in part, from the file folder in which it is normally kept.

  • Medical record means any document or combination of documents, except births, deaths, and the fact of admission to or discharge from a hospital, that pertains to the medical history, diagnosis, prognosis, or medical condition of a patient and that is generated and maintained in the process of medical treatment.

  • Close of Business on any given date shall mean 5:00 P.M., New York City time, on such date; provided, however, that if such date is not a Business Day it shall mean 5:00 P.M., New York City time, on the next succeeding Business Day.