Industrial Sector Clause Samples
The "Industrial Sector" clause defines the specific industries or types of business activities to which the agreement applies. It typically outlines whether the contract is relevant to manufacturing, energy, construction, or other industrial fields, and may specify the scope of operations or products covered. By clearly identifying the applicable sector, this clause ensures that both parties understand the context and limitations of the agreement, reducing ambiguity and potential disputes about its relevance or application.
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Industrial Sector. 3.1.2.1 SMIC agrees to guarantee supply in priority for the capacity demand of the Datang Subsidiaries for chip foundry;
3.1.2.2 Under the premise that the process engineering conditions, servicing level, price and other factors on the part of SMIC are equivalent to those of competitors, SMIC shall be selected in priority by Datang Subsidiaries for their foundry production;
3.1.2.3 SMIC shall offer Datang Subsidiaries with reasonable market price for its chip foundry for Datang Subsidiaries;
3.1.2.4 Subject to non-violation of the relevant laws and contractual obligations, the Parties agree to make use of each other’s resources and assist each other in FOIA confidential treatment requested: [***] indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to such omitted portions. external cooperation and exchange.
Industrial Sector. The third entry point is the most generic one. In this case, only one industrial sector is identified as of-concern, as for example the agrifood sector. The industrial sector can be as generic as “transportation”, or more detailed as for example “pesticides”, or “nutraceuticals”. The more focused is the sector, the more effective the HS can be. For generic indications (like agrifood), and if possible with the support of the stakeholders, the generic industrial sector can be broken down into specific sub-sectors to simplify the analysis. To do so, the ▇▇▇▇ codes (▇▇▇▇://▇▇.▇▇▇▇▇▇.▇▇/eurostat/▇▇▇▇▇/nomenclatures/index.cfm?TargetUrl=LST_NOM_DTL&StrNom=NACE_R EV2) can be used as guidance, as well as open literature and business information sources. Following the identification and structuring of the identified industrial sector, the workflow will proceed by identifying applications where nanomaterials can be used, on the basis of appropriate sources of information. - Industry sector (name and ▇▇▇▇ code) - Sub-sector (name and ▇▇▇▇ code) - Generic application name - Commercial application name (if available, patent) - Similar conventional products already on the market - Production method - Production scale (lab, prototype, industrial) - Foreseen use o Professional o Consumer
Industrial Sector. (a) preparation of an action program to restore the competitiveness of the industrial sector through restructuring, privatization and liquidation of enterprises, including the carrying out of a pilot program; (b) design of a framework to attract domestic and foreign private investment and donor support; and (c) implementation of a training program to strengthen local entrepreneurial and managerial capabilities.
Industrial Sector. 1. If a business installs technology which controls pollution and minimizes the environment effects it is deductible from taxable income.
2. Manufacturing industry providing employment to 600 or more than 600 Nepali citizens in whole year get additional facilities of income tax rebate at the rate of 10%.
3. Industries established in certain underdeveloped remote and semi-developed areas are given rebates on income tax. The rebate may range from 20 - 30% of the applicable tax depending on the level of development of the district.
4. VAT paid on inputs can be adjusted while depositing the VAT on finished products.
5. If any industry sells its products to the Export Promotion House, the customs duties, VAT levied on the raw materials and VAT and excise duty levied on products are reimbursed.
6. The customs duties, value added tax and excise duty on the production of materials to be utilized for the production of goods of exported are reimbursed to the concerned on the basis of the quantity of export.
7. Permission of the Department of Industries is be obtained for foreign investment or technology 8. A foreign investor making investment in foreign currency is entitled to repatriate the following amount outside the Kingdom of Nepal. • The amount received by the sale of the share of foreign investment as a whole or any part thereof. • The amount received as profit or dividend in lieu of the foreign investment. • The amount received as the payment of the principle of, and interest on, any foreign loan.
