Common use of EXPORT ASSURANCES Clause in Contracts

EXPORT ASSURANCES. The Company and each Shareholder and each of their respective Affiliates acknowledges and agrees that, all Technical Data may be subject to export controls imposed by the United States Export Administration Act of 1979, as amended (the "Export Administration Act") or any future United States export control legislation and the regulations promulgated thereunder. The Company and each Shareholder and their respective Affiliates agrees not to export or re-export, directly or indirectly, any Technical Data without complying with the Export Administration Act. The Company and each Shareholder certify that neither the Technical Data nor its direct product: (a) are intended to be used for any purpose prohibited by the Export Administration Act or regulations including, without limitation, nuclear related activities or chemical/biological weapons or missiles; and (b) are intended to be released, shipped or re-exported, either directly or indirectly, to a national of a country or any other destination to which the United States has prohibited shipment. This subsection 10(g) shall survive any termination or expiration of this Agreement. Each Shareholder acknowledges and agree that this subsection 10(g) is required by the Export Administration Act and is not intended to, nor does it, modify more restrictive provisions in this Agreement regarding the use by any Shareholder or the Company of Technical Data.

Appears in 2 contracts

Sources: Joint Venture Agreement (Calypte Biomedical Corp), Joint Venture Agreement (Calypte Biomedical Corp)