Foreign Trade Zone. If Buyer and Seller agree to operate from a foreign trade zone (“FTZ”), any benefit arising from operation in such FTZ will inure to Buyer, and both parties will cooperate and adopt procedures designed to capture and maximize such benefit.
Foreign Trade Zone. If Buyer and Supplier agree to operate from any Foreign Trade Sub-Zone established by Buyer, any benefit arising from operation in such Foreign Trade Sub-Zone will inure to Buyer, and both parties will cooperate and adopt procedures designed to capture and maximize such benefit. Supplier shall be reimbursed immediately for any reasonable additional expense incurred to capture and maximize such benefit for Buyer.
Foreign Trade Zone. If Buyer and Seller agree to operate from a foreign trade zone (“FTZ”). any benefit arising from operation in such FTZ will inure to Buyer, and bath panics will cooperate and adopt procedures designed to capture and maximize such benefit.
Foreign Trade Zone. The Refinery complex is operating in Foreign Trade Zone 35C (the “Subzone”) under a valid grant of authority from the Foreign Trade Zones Board and has been activated with the U.S. Customs Service. Sunoco’s Marcus Hook Refinery complex is also operating in the Subzone pursuant to the same grant of authority. Promptly after the Closing, Sunoco shall cause Sunoco, Inc. (R&M) to take all necessary actions, with the assistance and cooperation of TCG and NewCo, to prepare and file with U.S. Customs and Border Protection (“Customs”), the applicable port authority (the “Port Authority”) and any other Governmental Authority the documents required to request formal approval to remove the Marcus Hook Refinery complex from the granted and activated Subzone. Thereafter, Sunoco shall cause Sunoco, Inc. (R&M) to take, and NewCo shall take, all necessary actions to prepare and file with Customs, the Port Authority and any other Governmental Authority the documents required to request formal approval for the change in operator of the Philadelphia Refinery complex Subzone from Sunoco, Inc. (R&M) to NewCo (the “Subzone Application”). In connection with the Subzone Application, NewCo shall promptly submit to Customs, the Port Authority and other Governmental Authority such supplemental information and take such additional actions as Customs, the Port Authority and any other Governmental Authority may request or require in connection therewith. NewCo shall use commercially reasonable efforts to cause the Subzone Application to be granted, including executing all such additional agreements and orders with Customs, the Port Authority and any other Governmental Authority and providing all financial assurance (including the posting of bonds) required by Customs, the Port Authority and any other Governmental Authority.
Foreign Trade Zone. Each of Landlord and Tenant shall reasonably cooperate with the other to (a) minimize the adverse tax impact, if any, of the termination of the Foreign Trade Zone or Subzone applicable to the Premises, and (b) avoid such termination, provided that such cooperation shall not require Tenant to incur any material cost or expenditure, or assume any obligation or liability.
Foreign Trade Zone. A. Scope Adjustments The Parties agree the Scope of Work will be adjusted as outlined in Exhibit N Phase 1 Scope Trend #S1-00116 (Foreign Trade Zone Phase 1).
Foreign Trade Zone. Seller understands and agrees that Xxxxx's facility where the Work is to be performed under the Contract Documents has been or may be designated a Foreign Trade Subzone pursuant to 19 U.S.C. §81b. As such, all vehicles and persons entering or departing the Foreign Trade Subzone are subject to Buyer's inspection and Seller may be required to provide a general inventory of any and all tools, equipment, materials or merchandise passing in or out of the Foreign Trade Subzone during the course of the Work, but in particular, those items of equipment of a material nature such as compressors, welders, generators, etc. Seller further agrees to strictly comply with all requirements of the Foreign Trade Zones Act (19 U.S.C. §81a et seq.) and all rules, regulations, or laws of any kind relating to the Foreign Trade Zones Act which are now or hereafter prescribed by governmental authority to include, but not be limited to:
Foreign Trade Zone. The City will exercise good faith efforts to evaluate, and if deemed appropriate and in the best interest of the City, support the Developer’s efforts in obtaining designation of the Property or any part thereof as a Foreign Trade Zone and in applying for subzone status under a designated Foreign Trade Zone. To the extent Developer identifies a portion of the Property to seek Foreign Trade Zone status, the City will exercise good faith efforts to seek necessary concurrence letters from other taxing authorities or governmental agencies to support the FTZ application process and to place an item on the Council agenda for consideration of a Resolution of support by the City of Casa Grande. If approved by the Foreign Trade Zones Board, the City shall assist Developer in executing such documents and agreements in order to active Foreign Trade Zone approval; provided, however, that any such application or assistance by the City shall be at no out of pocket cost to the City, except to the extent such costs, such as staff costs, are a normal cost of government administration.
Foreign Trade Zone. GOVERNMENT understands that LESSEE may use the Leased Premises as a Foreign Trade Zone. LESSEE understands that it has all of the responsibility to comply with the requirements of the Foreign Trade Zone status. LESSEE acknowledges that GOVERNMENT does not warrant or imply anything concerning the FOREIGN TRADE ZONE status of the Leased Premises. LESSEE shall not conduct Foreign Trade wholesale/retail operations on the Leased Premises.
Foreign Trade Zone. BHP Refining and Citizens shall each use commercially reasonable efforts to maintain Foreign-Trade Subzone status for its respective Foreign-Trade Subzone and prevent revocation or cessation of such status or the benefits thereof, including payment of administrative fees to the State of Hawaii and compliance with all applicable statutes, laws, regulations and governmental orders (including those of the U.S. Customs Service, the State of Hawaii, the Foreign-Trade Zones Board and the City and County of Honolulu with respect to duties, quotas, recordkeeping and administration of its respective Foreign-Trade Subzone). Notwithstanding the foregoing, neither BHP Refining nor Citizens shall be obligated to maintain Foreign-Trade Subzone status if material changes, whether with respect to applicable law, statutes, regulations, or relating to the operation of each party's business, make it commercially unreasonable for such party to maintain such status.
