Учебное пособие: Business english
Total: 7,041.52 Date required: June 1, 1999
Packing: 5 cartons Marks:CMX 1-5
Delivery address: Authorized signature:
Coliseum Motors 1 rue des Bagndes 75023 Paris, France
10. You have to write the text of the draft contract for the negotiations. The topic: purchasing contract, goods - technical equipment for processing plant; you are the representative of the Buyer. Use the scheme provided below.
CONTRACT
Manchester February 24, 1998
GreenGlass Ltd, hereinafter referred as: "Seller", with residence in Manchester, U.K., represented by Managing Director Mr.Goldsmith, and
Food plant "Ukrhlib", hereinafter referred to as: "Buyer" with residence in Kyiv, Ukraine, represented by General Director Mr.Vodas.
Both parties recognising plenipotentiary representatives of the firms agreed in concluding and signing the contract which involves the following provisions:
1. Subject of the contract
The Seller shall sell and the Buyer shall purchase the new technological line for food processing industry, Model ZX245.
2. Terms of delivery and payment
The Seller is obliged to deliver the new processing line, Model ZX 245 within 30 working days after the signing of the contract if the payment was realised by the Buyer in the form of irrevocable, confirmed, indivisible letter of credit, to the account of the Seller not later than in 10 banking days after the contract was signed to the amount stipulated in the Supplement to the Contract.
3. Transportation
The line shall be shipped and delivered on FOB conditions to the port indicated by the Buyer. The Seller shall be in charge to pay all the expenses connected with transportation up to the frontier, and then the Buyer shall undertake all the taxes and duties existing on the territory of Ukraine.
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4. Insurance
The line is insured by the Seller to the amount of 1 000 000.-- USD. In case of any damage during the transportation the losses shall be refunded to the Buyer.
The Seller shall provide the Buyer with 1 year guarantee for the line and all the necessary technical documentation. In the case of break down the specialist of the Seller shall be ready to assist to the Buyer free of charge within 2 years after the date of purchase.
5. Penalty
In the case if the Seller couldn't deliver the line in the mentioned above terms without any particular reason, the Seller should indemnify the Buyer all possible losses including 0,5 % penalty every day of the shipment delay, and the Contract should be considered annulled..
In the case the Buyer failed to pay the contract within the term stipulated by the Contract, the Buyer should indemnify the Seller all the possible losses including 0,5 % penalty every day for the delay of payment.
6. Arbitration
All disputable questions if any, should be presented to the Arbitrage Court of Great Britain or Ukraine by the agreement of the Seller and the Buyer.
7. Force major
In the case of the war, earthquake, flood or changes in the legislation or any other reasons which arise in the countries and couldn't be overcome by the parties because they are force major and last more than 30 days the parties have the right to inform each other about these conditions and not to fulfil their obligations under the Contract.
The Contract was done in duplicate. Both copies have equal juridical validity.
158. Juridical addresses of the parties -Seller Buyer | |
| Account | Account |
| Signatures On behalf of the Seller | On behalf of the Buyer |