Export Control License definition
Examples of Export Control License in a sentence
If one Party determines that any information, material to be used for the Project, Result, deliverable of the Project is subject to Export Control regulations and would require an Export Control License, then (a) that Party will promptly inform the other Parties of said Export Control regulations and (b) the Parties shall work together to obtain the required licenses before said controlled information or product(s) are exported.
Also, if it is determined that an Export Control License will be necessary to transport or disclose technology, this information and any licensing costs shall be shared between the Parties.
Upon the satisfaction of the conditions to -------------- obligations of (a) Parent and Merger Sub under Section 6 hereof and (b) the Company under Section 7 hereof and upon the earlier of (a) September 30, 1997 or (b) the occurrence of both of the Export Control License Issuance and the Moscow Subsidiary Establishment, the parties shall cause the Merger to be consummated pursuant to the procedures set forth in Section 2.02 of the Merger Agreement.