Obligations of seller.

CFR · 2024-01-01 · US · Title 6

(a) (1) Assist in determining the amount of liability insurance required; or (2) Show that the Seller or any other provider of Qualified Anti-Terrorism Technology otherwise has met all of the requirements of this section. (b) (i) The particular Technology at issue; (ii) The amount of liability insurance the Seller maintained prior to application; (iii) The amount of liability insurance maintained by the Seller for other Technologies or for the Seller's business as a whole; (iv) The amount of liability insurance typically maintained by Sellers of comparable Technologies; (v) Information regarding the amount of liability insurance offered on the world market; (vi) Data and history regarding mass casualty losses; (vii) The intended use of the Technology; and (viii) The possible effects of the cost of insurance on the price of the product, and the possible consequences thereof for development, production, or deployment of the Technology. (2) In determining the appropriate amounts and types of insurance that a particular Seller is obligated to carry, the Under Secretary may not require any type of insurance or any amount of insurance that is not available on the world market, and may not require any type or amount of insurance that would unreasonably distort the sales price of the Seller's anti-terrorism Technology (c) (i) Contractors, subcontractors, suppliers, vendors and customers of the Seller. (ii) Contractors, subcontractors, suppliers, and vendors of the customer. (2) Notwi

official document · source cfr-2024 · id 6:§ 25.5