EXW definition

EXW or "ex-works price" means:

EXW and “Ex Works” shall have the meaning as such term is defined in the ICC Incoterms, 2000, International Rules for the Interpretation of Trade Terms, ICC Publication No. 560.

EXW means the price paid for the product ex-works to the manufacturer in whose undertaking the last working or processing is carried out, provided that the price includes the value of all the materials used and all other costs related to its production, minus any internal taxes which are, or may be, repaid when the product obtained is exported;

Examples of EXW in a sentence

• Unless expressly provided otherwise, or if delivery terms are ambiguous, delivery of products shall be EXW.

• The Contractor shall indemnify, defend and hold harmless the State and its officers, representatives, agents, servants, employees, successors and assigns from and against any and all (1) claims arising, directly or indirectly, in connection with the Contract, including the acts of commission or omission FROOHFWLYHO\ WKH ´$FWVµ RI WKH &RQWUDFWRU FRVWV DQG H[SHQVHV LQFOXGLQJ EXW QRW diOrecLtlyPLWHG or indirectly, in connection with claims, Acts or the contract.

• Delivery to Distributor will be EXW (Xxxxxx’s site) Incoterms (2020), unless otherwise specifically agreed to in writing by Xxxxxx.

• Buyer is free to arrange and pay for its own shipping and handling EXW Seller's facility.

• Goods and materials included in the Services are deliv- ered EXW (Incoterms 2020).

More Definitions of EXW

EXW means Ex-Works

EXW means “Ex works”, as that term is defined in INCOTERMS 2000;

EXW means Ex Works (EXW) as defined in the Incoterms 1990. “Ex-works means that the seller's responsibility to deliver the goods to the buyer is completed when the seller has made the goods available to the buyer at the seller's premises. The seller is not responsible for loading them on vehicles provided by the buyer or clearing them for export. The buyer bears the cost and risks in the transport of the goods from the seller's works to the destination. This term provides the minimum obligations on a seller.”

EXW has the meaning set forth in INCOTERMS 2010.

EXW or "ex-works price" means: (i) the price of the product paid or payable to the producer in whose undertaking the last working or processing is carried out, provided that the price includes the value of all the materials used and all other costs incurred in the production of the product, minus any internal taxes which are, or may be, repaid when the product obtained is exported; or (ii) if there is no price paid or payable or if the actual price paid does not reflect all costs related to the production of the product which are actually incurred in the production of the product, the value of all the materials used and all other costs incurred in the production of the product in the exporting Party: (A) including selling, general and administrative expenses, as well as profit, that can reasonably be allocated to the product; and (B) excluding the cost of freight, insurance, all other costs incurred in transporting the product and any internal taxes of the exporting Party which are, or may be, repaid when the product obtained is exported. (iii) For the purposes of point (i), where the last production has been contracted to a producer, the term ‘producer’ in point (i) refers to the person who has employed the subcontractor.

EXW or “Ex Works” shall have the meaning assigned as published by the United Nations Commission on International Trade Law in the “International Commercial Terms (INCOTERMS 2000) “ as amended, except as may be otherwise provided herein.

EXW shall have the meaning as such term is defined in the ICC Incoterms, 2000, International Rules for the Interpretation of Trade Terms, ICC Publication No. 560.