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Import Export Obligations
Definition
Responsibility for imports or exports undertaken in connection with the performance of the agreement between the parties.
Example
Contractor is responsible for exporting all Import/Export Items from their country of origin (including deemed exports of software, technology or other intellectual property) and importing all Import/Export Items into the Country and the Area of Operations. All other charges related to routine port clearances such as pilotage, agent fees, handling charges and port dues shall be for Contractors account.