Common use of Compliance with Laws and Good Business Practices Clause in Contracts

Compliance with Laws and Good Business Practices. a. It is expressly understood that this Agreement, and all obligations arising hereunder, are subject to U.S. Government export control laws and regulations, including without limitation, the requirement to obtain necessary approvals and licenses prior to the acceptance of any orders, or the export of Products, hereunder. Such shall also apply, by way of example only, to spare parts, warranty items delivered by Company in connection with the Products and the transfer or re-export of any such Products by Dealer or Dealer's customer thereafter. During the term of this Agreement, and thereafter, any Products purchased by or provided Dealer hereunder, including any technical data or documentation pertaining thereto, shall not be sold, leased, released, assigned, transferred, conveyed or in any manner disposed of, either directly or indirectly, without the prior written approval of the United States Government, in accordance with U.S. law.

Appears in 4 contracts

Samples: Distribution Agreement (Hienergy Technologies Inc), Distribution Agreement (Hienergy Technologies Inc), Distribution Agreement (Hienergy Technologies Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.