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If acting for the Seller, where the Buyer comes from a country with foreign exchange restrictions, a clause similar to the following should be considered.

5.3 Foreign Exchange Control — The Buyer has obtained the appropriate government approval of ________ required for the Buyer to enter into this Agreement permitting the Buyer to make payments to the Seller for the Purchase Price of the Purchased Goods in United States dollars in the United States.

Article 6 Taxes and Duties

6.1 Taxes and Duties — The Buyer shall be solely responsible for and shall pay, or reimburse the Seller for, all taxes, duties, import deposits, assessments and other governmental charges, however designated, which are now or hereafter imposed under or by any governmental authority or agency, that are: associated with the performance by the Seller of its obligations hereunder; the payment of any amount by the Buyer to the Seller pursuant to this Agreement; based on the Purchased Goods or their uses, or relate to the import of the Purchased Goods into [name of destination] in accordance with then prevailing law or regulations.

6.2 Net Amounts — All payments to be made by the Buyer to the Seller pursuant to this Agreement represent net amounts the Seller is entitled to receive and shall not be subject to any deductions for any reason whatsoever. In the event any of said charges become subject to taxes, du­ties, assessments or fees of whatever kind or nature levied outside the United States, said payments shall be increased to such an extent as to allow the Seller to receive the net amounts due under this Agreement.

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