Common use of DUTY DRAWBACK RIGHTS Clause in Contracts

DUTY DRAWBACK RIGHTS. This order includes all related customs, duty and import drawback rights, if any, (including rights developed by substitution and rights which may be acquired from Seller's suppliers) which Seller can transfer to Buyer. Seller agrees to inform Buyer of the existence of any such rights and upon request to supply such documents as may be required to obtain such drawback. ================================================================================ [COPY IN BRACKETS ILLEGIBLE ON ORIGINALS] SETOFF: In addition to any [ ] provided by [ ] amounts due Seller shall be considered [ ] Indebtedness of Seller to General Motors Corporation and its subsidiaries; and General Motors Corporation may deduct any amounts due or to become due from Seller to General Motors Corporation and its subsidiaries from any sums due to or to become due from General Motors Corporation to Seller.

Appears in 2 contracts

Samples: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)

AutoNDA by SimpleDocs

DUTY DRAWBACK RIGHTS. This order includes all related customs, duty and import drawback rights, if any, (including rights developed by substitution and rights which may be acquired from Seller's suppliers) which Seller can transfer to Buyer. Seller agrees to inform Buyer of the existence of any such rights and upon request to supply such documents as may be required to obtain such drawback. ================================================================================ [COPY IN BRACKETS ILLEGIBLE ON ORIGINALSORIGINAL] SETOFF: In addition to any [ ] provided by [ ] amounts due Seller shall be considered [ ] Indebtedness of Seller to General Motors Corporation and its subsidiaries; and General Motors Corporation may deduct any amounts due or to become due from Seller to General Motors Corporation and its subsidiaries from any sums due to or to become due from General Motors Corporation to Seller.

Appears in 2 contracts

Samples: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)

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