Common use of Authorizations and Licenses Clause in Contracts

Authorizations and Licenses. If Buyer is, in accordance to the ap- plicable Incoterm, responsible for any obtaining and maintaining au- thorizations and/or licenses which may be necessary for importing or exporting, and fails to do such in time for Seller to make delivery on the dates indicated in the Shipping Notification, art. 5.6 shall apply. Packaging. Packaging is not to be returned to Seller and needs to be processed by Buyer according to applicable regulations.