Common use of Customs Clearance Clause in Contracts

Customs Clearance. (a) To expedite clearance by the Customs Authority of all plant and machinery imported into Bangladesh by the Company for incorporation into the Facility pursuant to this Section 7, the GOB (through BPDB) shall take all advance steps and issue such advance instructions and issue such certificates and documentation as may be necessary or reasonable under the circumstances to ensure such clearance. In particular, the GOB shall, not later than the fifth (5th) Business Day following the receipt from the Company of all information reasonably required by the GOB regarding such plant and machinery, issue to the Customs Authority, with a copy to the Company, a certificate as provided in S.R.O. No. 73-Law/97/1700/Customs, dated 19 March 1997 (the “Clearance Certificate”), confirming that all such plant and machinery are items which the Company may import without restriction and without payment of any Taxes, including, without limitation, Customs Duties and VAT.

Customs Clearance. (a) To expedite clearance by the Customs Authority of all plant and machinery imported into Bangladesh by the Company for incorporation into the Facility pursuant to this Section 77.2, the GOB (through BPDB) shall take all advance steps and issue such advance instructions and issue such certificates and documentation as may be necessary or reasonable under the circumstances to ensure such clearance. In particular, the GOB shall, not later than the fifth fifteenth (5th15th) Business Day following the receipt from the Company of all information reasonably required by the GOB regarding such plant and machinery, issue to the Customs Authority, with a copy to the Company, a certificate as provided in S.R.O. No. 73-73- Law/97/1700/Customs, dated 19 March 1997 (the “Clearance Certificate”), confirming that all such plant and machinery are items which the Company may import without restriction and without payment of any Taxes, including, without limitation, including Customs Duties and VAT.

Customs Clearance. (a) To expedite clearance by the Customs Authority of all plant and machinery imported into Bangladesh by the Company for incorporation installation into the Facility pursuant to this Section 7, the GOB (through BPDB) shall take all advance steps and issue such advance instructions and issue such certificates and documentation as may be necessary or reasonable under the circumstances to ensure such clearance. In particular, the GOB shall, not later than the fifth (5th) Business Day following the receipt from the Company of all information reasonably required by the GOB regarding such plant and machinery, issue to the Customs Authority, with a copy to the Company, a certificate as provided in S.R.O. No. 73-73- Law/97/1700/Customs, dated 19 March 1997 (the “Clearance Certificate”), confirming that all such plant and machinery are items which the Company may import without restriction and without payment of any Taxes, including, without limitation, Customs Duties and VAT.

Customs Clearance. (a) To expedite clearance by the Customs Authority of all plant and machinery imported into Bangladesh by the Company for incorporation installation into the Facility pursuant to this Section 7, the GOB (through BPDB) shall take all advance steps and issue such advance instructions and issue such certificates and documentation as may be necessary or reasonable under the circumstances to ensure such clearance. In particular, the GOB shall, not later than the fifth eigth (5th8th) Business Day following the receipt from the Company of all information reasonably required by the GOB regarding such plant and machinery, issue to the Customs Authority, with a copy to the Company, a certificate as provided in S.R.O. No. 73-73- Law/97/1700/Customs, dated 19 March 1997 (the “Clearance Certificate”), confirming that all such plant and machinery are items which the Company may import without restriction and without payment of any Taxes, including, without limitation, Customs Duties and VAT.