ITAR definition
Examples of ITAR in a sentence
Seller and the Purchaser Parties shall cause to be prepared and submitted as promptly as practicable after the Closing Date, and in any event within the timeframe required under ITAR (i.e., within five days after the Closing Date), to the U.S. Department of State’s Directorate of Defense Trade Controls (“DDTC”) the required notice(s) pursuant to Section 122.4(a) of ITAR (the “5-Day ITAR Notice(s)”).
Seller and the Purchaser Parties will use reasonable best efforts to take all steps necessary to submit any required 5-Day ITAR Notice(s) within the timeframe required under ITAR, including (a) promptly providing any information reasonably required for the submission and as reasonably requested by the other party, or DDTC or any other Governmental Authority, and (b) consistent with the submission requirements under Section 122.4 of ITAR.