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1. The buyer shall have the covering letter of credit reach the Seller 30 days before shipment, failing
which the Seller rerves the right to rescind without further notice, or to regard as still valid whole or any
part of this contract not fulfilled by the Buyer, or to lodge a claim for loss thus sustained, if any.
2. In ca of any discrepancy in Quality/Quantity, claim should be filed by the Buyer within 130 days after the
arrival of the goods at port of destination; while for quantity discrepancy, claim should be filed by the Buyer
within 150 days after the arrival of the goods at port of destination.
3. For transactions concluded on C.I.F. basis, it is understood that the insurance amount will be for 110% of the
invoice value against the risks specified in the Sales Confirmation. If additional insurance amount or coverage required, the Buyer must have the connt of the Seller before Shipment, and the additional premium is to be
borne by the Buyer.免费翻译在线
4. The Seller shall not hold liable for non-delivery or delay in delivery of the entire lot or a portion of the goods
hereunder by reason of natural disasters, war or other caus of Force Majeure, However, the Seller shall
notify the Buyer as soon as possible and furnish the Buyer within 15 days by registered airmail with a certifi-
vdcate issued by the China Council for the Promotion of International Trade attesting such event(s).
5. All deputies arising out of the performance of, or relating to this contract, shall be ttled through negotiation.
In ca no ttlement can be reached through negotiation, the ca shall then be submitted to the China
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International Economic and Trade Arbitration Commission for arbitration in accordance with its arbitral rules.新时代学校
The arbitration shall take place in Shanghai. The arbitral award is final and binding upon both parties.英语复习计划
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6. The Buyer is requested to sign and return one copy of this contract immediately after receipt of the same.
Objection, if any, should be raid by the Buyer within 3 working days, otherwi it is understood that the Buyer has accepted the terms and conditions of this contract.
7. Special conditions: ( The shall prevail over all printed terms in ca of any conflict.)
bear什么意思Confirmed by:
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THE SELLER THE BUYER
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( signature)( signature)
