Common use of Foreign Exchange and Foreign Trade Act Clause in Contracts

Foreign Exchange and Foreign Trade Act. If NU and the Company export or provide goods or technology provided by the other party in accordance with this Agreement, they shall take necessary procedures, such as acquisition of an export permit, in accordance with Foreign Exchange and Foreign Trade Act and other relevant laws and regulations. NU and the Company shall not use any goods or technology provided, supplied or loaned by the other party in accordance with this Agreement for the purpose of designing, manufacturing, using, storing and the like of weapons of mass destruction and the like, and shall not export or provide, either directly or indirectly, such goods or technology when it becomes aware that they will be used for such purpose.

Appears in 5 contracts

Samples: Joint Research Agreement, Funded Research Agreement, Joint Research Agreement

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