Common use of Regional Value Content Clause in Contracts

Regional Value Content. For the purposes of Article 4.2 where Annex 4-C requires a good to meet a regional value content requirement, the regional value content of that good shall be calculated using the following method: Build-down Method AV - VNM RVC = ---------------- AV x 100 where: RVC is the regional value content of the good, expressed as a percentage; AV is the adjusted value as defined in Article 4.1(a), and VNM is the value of non-originating materials that are acquired and used by the producer in the production of the good. VNM includes material of undetermined origin but does not include the value of a material that is self-produced.

Regional Value Content. For the purposes of Article 4.2 where Annex 4-C requires a good to meet a regional value content requirement, the regional value content of that good shall be calculated using the following method: Build-down Method RVC = AV - VNM RVC = ---------------- AV x 100 where: RVC is the regional value content of the good, expressed as a percentage; AV is the adjusted value as defined in Article 4.1(a), and VNM is the value of non-originating materials that are acquired and used by the producer in the production of the good. VNM includes material of undetermined origin but does not include the value of a material that is self-produced.

Regional Value Content. For the purposes of Article 4.2 where Annex 4-C requires a good to meet a regional value content requirement, the regional value content of that good shall be calculated using the following method: Build-down = Method AV - VNM RVC = ---------------- AV -VNM x 100 RVC. AV where: RVC is the regional value content of the good, expressed as a percentage; AV is the adjusted value as defined in Article 4.1(a), and VNM is the value of non-originating materials that are acquired and used by the producer in the production of the good. VNM includes material of undetermined origin but does not include the value of a material that is self-produced.