BLOCK 2

consent; award; contracting parties; to release; without recourse to the court of law; per annum; cessation; to incur; to cancel; corrosion inhibitors; machined parts; to settle amicably; to reimburse; proof; to assign; integral; to obtain; wholly; to arise; null and void

16. All the appendices to the present Contract are to be considered its _____ part.

17. The Party which is unable to fulfil its obligation under this Contract is to inform the other Party within 3 days regarding the occurrence and _____ of the above circumstances.

18. Should the Contract _____ the right and liabilities of the Parties are to be defined in conformity with Clause 4.

19. Before packing all the _____ of the equipment are to be treated with special _____ which may protect the equipment properly from damage during transportation and storage.

20. The _____ of the arbitration is final and binding upon both Parties.

21. After the Contract has been signed all the preliminary agreements, discussions and correspondence between the Parties concerning this Contract are to be considered _____.

22. If the Parties do not come to an agreement all the disputes and differences are to be submitted _____, to arbitration at the Foreign Trade Arbitration Court at the Chamber of Commerce and Industry, Moscow, in compliance with the Rules of Procedure of the said Court.

23. If the Sellers are unable to _____ the export licence within the time stipulated above or the export licence is revoked by the appropriate authorities of the Sellers’ country before the deliveries are completed, the Buyers have the right to cancel the contract _____ or partially.

24. Certificates issued by the Chamber of Commerce of the Sellers’ or the Buyers’ country respectively will be the _____ of existence and duration of such circumstances.

25. The Parties will _____ from their responsibility for partial or complete non-execution of their liabilities under the contract should this non-execution be caused by the force majeure circumstances.

26. The Sellers and the Buyers will take all possible measures to _____ any disputes or difference which may _____ out of the present Contact or in connection with it.

27. Should the duration of the above circumstances exceed 3 months, each Party will have the right to refuse from further fulfillment of its obligations under the Contract and in this case neither Party will have the right to demand any compensation of the losses _____ by it from the other Party.

28. Neither Party shall be entitled to _____ to a third Party its rights and obligations under the present Contract without the other Party’s prior _____ in writing.

29. The Sellers must immediately _____ all the amounts paid by the Buyers under the present Contract plus … per cent _____.

30. Any Amendments and/ or Addenda to this Contract shall be valid unless made in writing and signed by both _____.

Дата добавления: 2015-09-04