FTA Export Authorization Sample Clauses
The FTA Export Authorization clause establishes the requirement for parties to obtain proper authorization from relevant authorities before exporting goods, technology, or services covered by the agreement. In practice, this means that any exports subject to Free Trade Agreement (FTA) regulations must comply with applicable export control laws, and parties may need to secure licenses or permits prior to shipment. This clause ensures legal compliance with international trade laws and mitigates the risk of unauthorized exports, thereby protecting both parties from potential legal penalties or disruptions in trade.
FTA Export Authorization an order from the Office of Fossil Energy of the U.S. Department of Energy granting to Project Co or any other Person acting as agent on behalf of Project Co the authorization to export LNG sold and delivered pursuant to the DES SPA (or, in the case of a Diverted Cargo, this Agreement) by vessel from a Production Facility in the United States of America to countries that have entered into a free trade agreement with the United States of America requiring the national treatment for trade in natural gas for a specific term, as the same may be supplemented, amended, modified, changed, superseded or replaced from time to time; Gas: any hydrocarbon or mixture of hydrocarbons consisting predominantly of methane that is in a gaseous state; Governmental Authority: any federal, national, regional, state, local or municipal government, or any subdivision, agency, commission or authority thereof (including any maritime authorities, port authority or any quasi-governmental agency), having jurisdiction over a Party (or any Affiliate or direct or indirect owner thereof), any Gas pipeline which interconnects with a Connecting Pipeline and which transports Gas to or from a Connecting Pipeline, a Connecting Pipeline, Gas in a Connecting Pipeline or a Production Facility, a Production Facility, LNG in a Production Facility, a Loading Port, an LNG Tanker, LNG in an LNG Tanker, the last disembarkation port of an LNG Tanker, a Transporter, a Receiving Terminal, an Unloading Port, LNG in a Receiving Terminal, a Receiving Terminal Pipeline, or Gas in a Receiving Terminal or Receiving Terminal Pipeline, as the case may be, and acting within its legal authority;
FTA Export Authorization an order from the Office of Fossil Energy of the U.S. Department of Energy granting to Project Co or any other Person acting as agent on behalf of Project Co the authorization to export LNG sold and delivered pursuant to the DES SPA (or, in the case of a Diverted Cargo, this Agreement) by vessel from a Production Facility in the United States of America to countries that have entered into a free trade agreement with the United States of America requiring the national treatment for trade in natural gas for a specific term, as the same may be supplemented, amended, modified, changed, superseded or replaced from time to time;