U.S. Content definition

U.S. Content means, with respect to any Item, all the costs, including labor, materials, services and overhead, but not markup or profit margin, which are of U.S. origin or manufacture, and which are incorporated into an Item in the United States.

U.S. Content means with respect to any Item all the labor, materials and services which are of U.S. origin or manufacture, and which are incorporated into an Item in the United States.

U.S. Content means, with respect to any Supply Contract, the amount representing the U.S. content in such contract, as specified in Section 2 of the relevant Ex-Im Bank Approval. Ex-Im Bank shall determine what does and does not constitute U.S. Content, and such determination, in the absence of manifest error, shall be conclusive and binding for all purposes.

Examples of U.S. Content in a sentence

• Check one: The Goods and Services contain only U.S. Content: the U.S. Content Percentage is 100% (i.e., no Foreign Content, Local Costs, or Excluded Goods and Services (defined below)).

• List prices and unit pack size below for item to be considered: $ / Price of Domestic or U.S. Grown Product Per Unit $ / Price of Domestic or U.S. Grown Product Per Unit This product includes % U.S. Content.

• A “material change” in the U.S. Content Percentage occurs if (i) the U.S. Content Percentage has decreased by more than 5% (as compared to the U.S. Content Percentage reported in the initial Exporter’s Certificate) and (ii) aggregate foreign content is over 20% (i.e., the new U.S. Content Percentage is less than 80%).

• A “material change” in theU.S. Content Percentage occurs if (i) the U.S. Content Percentage has decreased by more than 5% (as compared to the U.S. Content Percentage reported in the initial Exporter’s Certificate) and (ii) aggregate foreign content is over 20% (i.e., the newU.S. Content Percentage is less than 80%).

• A “material change” in the U.S. Content Percentage occurs if (a) the U.S. Content Percentage has decreased by more than 5% (as compared to the U.S. Content Percentage reported in the initial Exporter’s Certificate) and (b) aggregate foreign content is over 20% (i.e., the new U.S. Content Percentage is less than 80%).

More Definitions of U.S. Content

U.S. Content means that portion of the cost of an Item arising from materials which are of US origin or from labor and services performed in the US.

U.S. Content means that portion of the cost of an Item arising from materials which are of United States origin or from labor and services performed in the United States.

U.S. Content shall have the meaning set forth in the Borrower Agreement. The parties hereto hereby agree that in the event any dispute arises as to the U.S. Content of any good or service, the decision of Ex-Im Bank shall be final and conclusive.

U.S. Content means, with respect to any Item, the Contract Price of such Item less the Foreign Cost associated with such Item, if any. Eximbank shall determine what does and does not constitute U.S. Content, and such determination, in the absence of manifest error, shall be conclusive and binding for all purposes.

U.S. Content means with respect to any Item all the labor, materials and services which are of U.S. origin or manufacture, and which are incorporated into an Item in the United States. "Warranty" shall mean Borrower's guarantee to Buyer that the Items will function as intended during the warranty period set forth in the applicable Export Order. "Warranty Letter of Credit" shall mean a Standby Letter of Credit which is issued or caused to be issued by Lender to support the obligations of Borrower with respect to a Warranty or a Standby Letter of Credit which by its terms becomes a Warranty Letter of Credit.

U.S. Content means with respect to Export Services all the costs, including labor, materials, services and overhead, but not xxxx up, which are of U.S. origin or manufacture (including freight charges on a U.S. Flag Vessel), and which are incorporated into the Export Services in the United States.

U.S. Content shall have the meaning set forth in the Borrower Agreement. The parties hereto hereby agree that in the event any dispute arises as to the U.S. Content of any good or service, the decision of the Eximbank shall be final and conclusive. INTERNATIONAL REVOLVING NOTE $3,000,000.00 June 30, 1997 FOR VALUE RECEIVED, the undersigned, NATIONAL TANK COMPANY, a corporation organized under the laws of the State of Texas (the "Borrower"), HEREBY PROMISES TO PAY to the order of TEXAS COMMERCE BANK NATIONAL ASSOCIATION, a national banking association (the "Bank"), on or before June 30, 1998 (the "Maturity Date"), the principal sum of Three Million and 00/100 Dollars ($3,000,000.00), or, if less, the aggregate principal amount of Loans outstanding on the Maturity Date, in accordance with the terms and provisions of that certain International Revolving Loan Agreement dated as of June 30, 1997 by and between the Borrower and the Bank (the "International Loan Agreement"; capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the International Loan Agreement). The outstanding principal balance of this Note shall be due and payable as provided in the International Loan Agreement. The Borrower promises to pay interest on the unpaid principal balance of this Note from the date of any Loan evidenced by this Note until the principal balance thereof is paid in full. Interest shall accrue on the outstanding principal balance of this Note from and including the date of any Loan evidenced by this Note to but not including the Maturity Date at the rate or rates, and shall be due and payable on the dates, set forth in the International Loan Agreement. Any amount not paid when due with respect to principal (whether at stated maturity, by acceleration or otherwise), costs or expenses, or, to the extent permitted by applicable law, interest, shall bear interest from the date when due to and excluding the date the same is paid in full, payable on demand, at the Past Due Rate. Payments of principal and interest, and all amounts due with respect to costs and expenses, shall be made in lawful money of the United States of America in immediately available funds, without deduction, set-off or counterclaim to the Bank, or such other location as may be notified to the Borrower by the Bank, not later than 12:00 noon (Houston time) on the dates on which such payments shall become due pursuant to the terms and provisions set forth in the Int...