Time limits and conditions of delivery

CONTRACT FOR DELIVERY OF CAST-IRON

Per. No.

City of Odessa, Ukraine "____" ________ 201 __

The Enterprise ___________ Ukraine, hereinafter referred to as "Supplier", represented by _________ acting on the basis of the Statute (Provisions), on the one hand, and the Enterprise ___________ hereinafter referred to as "Buyer" represented by ____________ acting on the basis of-the Statute (Provisions), on the other hand, being guided by __________ have concluded this Contract as follows:

Subject of the contract

1.1. The supplier pledges to supply according to schedule and specifications, being an inseparable part of the present Contract, and the Buyer pledges to accept and pay for ___________ tons of cast-iron in pigs weighing up to ____ kg. each.

1.2. The amount of cast-iron envisaged for delivery may be changed more or less _____ to the Supplier’s choice.

Quality of cast-iron

The quality of cast-iron is being confirmed by the certificate, issued by the Supplier or by the manufacturing plant.

Price and the general sum of the contract

3.1. The price for cast-iron supplied makes up (monetary unit in the transaction currency) for a metric ton.

3.2. The general sum of the Contract makes up (monetary unit in the transaction currency) for a consignment of the product.

Payment

4.1. Payment is done in _____ from the irrevocable confirmed divisible letters of credit lodged by the Buyer for the benefit of the Supplier to the sum covering the cost of the loaded consignment, the 'price of the insurance including.

4.2. The Buyer lodges a bill of lading by telegraph during "days on getting the notification of the Supplier about the products being ready for loading within the maturity of ____ days and with the simultaneous coverage of the remittance in the letter of credit issued. The payment from the letter of credit is performed by the bank ______ against the following documents produced by the Supplier:

a) accounts of the Supplier in ___ copies;

b) complete set of the bill of ladings' originals in copies with the mark "The freight is being paid for by the charterer in accordance with the conditions of the charter";

c) the quality certificate issued by the Supplier or the manufacturing plant in ___ copies;

d) the insurance policy against common sea risks and also against military and other risks if the products are due to such insurance by order of the Byyer. If the Buyer does not lodge a letter of credit in the time stipulated above or he lodges it under conditions not stipulated by the present. Contract, the Supplier will be entitled to detain the loading of cast-iron without being responsible for not observing the time-limits of the delivery and relate the expenses for storing this cast-iron at the port of loading and also the expenses connected with the under-utilization of the tonnage chartered, at the account of the Buyer.

Insurance

The Supplier is obliged to ensure the cast-iron against common marine risks. By order of the Buyer the Supplier can ensure the cast-iron supplied also from military and other risks. The expenses in ensuring from military and other risks are restituted by the Buyer to the Supplier according to procedures indicated in the Par. "Payment".

Time limits and conditions of delivery

6.1. The cast-iron in this Contract is being supplied according to delivery schedule under the conditions of c.i.f. the city, port (or other conditions).

6.2. The Supplier is given the right of delivering ahead of schedule and in this case the Buyer is obliged to pay for the consignment delivered ahead of schedule. Partial loadings are allowed. The delivery date is considered to be the date of the bill of lading.

6.3. The cast-iron is considered to be delivered by the Supplier and accepted by the Buyer:

a) in quality - by the weight indicated in the bill of lading;

b) in quality - by the analysis, indicated in the certificate of the Supplier or the manufacturing plant.

Дата добавления: 2015-10-30