Determination of Injurious Pricing Sample Clauses

Determination of Injurious Pricing. 1. A vessel is to be considered as being injuriously priced if the export price of the vessel is less than the comparable price, in the ordinary course of trade, for the like vessel3 when sold to a buyer of the exporting country. 3 "Like vessel" means a vessel of the same type, purpose and approximate size as the vessel under consideration and possessing characterics closely resembling those of the vessel under consideration.
Sample 1
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Determination of Injurious Pricing. 2.1 For the purpose of this Agreement, a vessel is to be considered as being injuriously priced, i.e., sold7 directly or indirectly to one or more nationals or companies of another Party, or to one or more companies owned or controlled by such nationals or companies, at less than its normal value, if the export8 price of the vessel sold is less than the comparable price, in the ordinary course of trade, for the like vessel when sold to a buyer of the exporting country.
Sample 1

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