- •Lesson IV Contract №2
- •Insurance to be made to the amount of 110 per
- •If the damage is due to negligence or improper handling
- •If the above circumstances last for more than six months, each party shall have the right to refuse any further fulfillment of the obligations
- •In accordance with the Rules of Procedure of the said Commission
- •Valid only if made in writing
Lesson IV Contract №2
Group_______________________
Name/Surname_____________________
Your mark is - complete and hand in once more / 4- / 4 / 4+ / 5- / 5
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Objedinenije "Russoimport"» Moscow, hereinafter referred to as the "Seller" on the one part, and Messrs,..., hereinafter referred to as the "Buyer" on the other part, have concluded the present contract whereby it is agreed as follows:
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refer to _________________________ on the one part _________________________
Messrs _________________________
have concluded _________________________
whereby _________________________
it is agreed as follows
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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1. SUBJECT OF THE CONTRACT The Seller has sold and the Buyer has bought c.i.f. (f.o.b., f.o.r.) the goods specified in the enclosed appendix, showing specifications, quantities, prices and delivery times of the goods and constituting an integral part of the present contract.
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SUBJECT _________________________ c.i.f. _________________________ f.o.b. _________________________ f.o.r. _________________________ specify in _________________________ the enclosed _________________________ appendix _________________________ specifications _________________________ quantity _________________________ constitute _________________________ integral part
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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2. PRICES The prices are fixed in US Dollars. All expenses incurred on the territory of The Buyer in connection with the present contract (duties, taxes, customs, etc.) are to be paid by the Buyer.
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Fix prices _________________________ expenses _________________________ incur _________________________ duties _________________________ taxes _________________________ customs
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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3. QUALITY The quality of the goods under the present contract shall be in full conformity either with the State standards existing in Russia or with the technical conditions ruling at the manufacturing works.
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under the present contract _________________________ shall be in full conformity ________________________ State standards _________________________ technical conditions _________________________ rule _________________________ manufacturing works.
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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4. TIME OF DELIVERY The goods sold under the contract shall be delivered within 2 months after the signing of the contract. The date of the Bill of Lading (or: Railway Bill) shall be considered as the date of delivery.
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shall be delivered _________________________ within 2 months _________________________ after the signing of the contract. _________________________ Bill of Lading _________________________ Railway Bill
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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5. DELIVERY AND ACCEPTANCE OF GOODS The goods are considered to be delivered by the Seller and accepted by the Buyer: a) in respect of quantity—according to the number of cases and the weight as shown on the Bill of Lading (or on the Railway Bill); b) in respect of quality — according to the Manufacturer's certificate issued by the manufacturing works or by the Seller.
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DELIVERY _________________________ ACCEPTANCE _________________________ in respect of _________________________ according to _________________________ case _________________________ Manufacturer's certificate _________________________ Issue _________________________ manufacturing works
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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6. TERMS OF PAYMENT Payment for the goods to be delivered under the present contract is to be effected in 10 days in accordance with the Trade Agreement between the Governments of Russia and UK. |
TERMS OF PAYMENT _________________________ is to be effected _________________________ the Trade Agreement _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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The irrevocable confirmed Letter of Credit to be opened by the Buyer with the Bank for Foreign Trade of Russia, Moscow, in favour of the Seller within 10 days of receipt of the Seller's notification of the readiness of the goods for shipment. The Letter of Credit to be valid within 10 days.
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irrevocable _________________________ confirmed _________________________ Letter of Credit _________________________ in favour of _________________________ receipt _________________________ notification _________________________ shipment _________________________ to be valid _________________________ within 10 days.
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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The payment of the credit is to be made against the following documents: Invoice. Bill of Lading (or Railway Bill).
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against _________________________ Invoice _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________
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All expenses connected with the opening of the Letter of Credit are to be borne by the Buyer.
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are to be borne by the Buyer. _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________
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Part shipment and transhipment are permitted.
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Part shipment _________________________ transhipment
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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Insurance to be made to the amount of 110 per cent, of the value of the goods.
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Insurance _________________________ value
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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PACKING AND MARKING 1 The goods shall be secured and properly packed to withstand both overseas and overland transport as well as transhipment.
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PACKING _________________________ MARKING 1 _________________________ Secure _________________________ to withstand _________________________ overseas _________________________ overland
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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Each package shall be provided with marking showing the place of destination, name of Consignee, description of goods, contract number, case number, gross and net weight.
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Consignee _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________
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8. GUARANTEE Any part or parts which may prove defective through faulty material or workmanship will be repaired or replaced by the Seller ci.f.,f.o.b.,f.o.r. free of charge within the period of 2 calendar months of the date of shipment provided the defective part or parts have been returned to the Seller's works for examination, carriage paid.
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may prove defective _________________________ through faulty material _________________________ workmanship _________________________ free of charge _________________________ provided _________________________ works _________________________ carriage paid
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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This guarantee will be invalidated by the Buyer making, causing or allowing any alterations or repair to the goods without the Seller's consent and also if the damage is due to negligence or improper handling on the part of the Buyer or to any other causes outside the Seller's control including damage in transit from Russia to the place of destination.
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To be invalidated _________________________ alterations _________________________ without the Seller's consent _________________________ is due to negligence _________________________ handling _________________________ on the part of the Buyer ________________________ outside the Seller's control _________________________ the place of destination.
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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Rapidly wearing parts as well as parts which have suffered from natural wear are excluded from the guarantee.
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wearing parts ________________________ natural wear _______________________ exclude |
__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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9. CLAIMS Claims which may arise with regard to the quality of the goods owing to their non-conformity with the standards and technical conditions provided for under clause 3 of this contract as well as claims concerning the quantity of the goods will be considered by the Seller only if submitted within 45-days from the date of arrival of the goods at the place of destination shown in the Bill of Lading and in any case not later than within 90 days of the date of delivery of the goods c.i.f., f .o.b. or f.o,r. |
Claims _________________________ arise _________________________ with regard to _________________________ owing to _________________________ non-conformity _________________________ provided for _________________________ under clause 3 _________________________ consider _________________________ submit
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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Claims which arise through faulty material or workmanship as stipulated in clause 8 will be considered by the Seller only if submitted within the guarantee period.
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through _________________________ faulty material _________________________ workmanship |
__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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The claims should be corroborated by the Buyers' reports drawn up with the assistance of competent organizations.
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corroborate _________________________ drawn up _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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No claims put forward in respect of any consignment of the goods can be used by the Buyer as a reason for his refusal to accept the goods and to pay for them.
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put forward _________________________ in respect of _________________________ consignment |
__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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This applies to both the consignment in respect of which a claim has been raised and to all further consignments to be delivered under the present contract.
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apply _________________________ in respect of |
__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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The date of the postmark on the Buyer's letter containing the claim and addressed to the Seller to be considered as the date of the claim.
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postmark _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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10. CONTINGENCIES Should any circumstances arise which prevent the complete or partial fulfillment by any of the parties of their respective obligations under this contract, namely: fire, acts of elements, war, military operations of any character, blockades, prohibition of exports or imports or any other circumstances beyond the control of the parties, the time stipulated for the fulfillment of the obligations shall be extended for a period equal to that during which such circumstances will last.
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CONTINGENCIES _________________________ Should _________________________ circumstances _________________________ prevent _________________________ the complete or partial _________________________ respective _________________________ namely _________________________ acts of elements, ________________________ beyond the control of the parties _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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If the above circumstances last for more than six months, each party shall have the right to refuse any further fulfillment of the obligations under the contract and in such case neither of the parties shall have the right to make a demand upon the other party for compensation for any possible losses.
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the above circumstances _________________________ to make a demand upon smb. for compensation _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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The party for whom it becomes impossible to meet their obligations under the contract, shall immediately advise the other party as regards the beginning and the cessation of the circumstances preventing the fulfillment of their obligations.
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advise _________________________ as regards _________________________ cessation _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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Certificates issued by a respective Chamber of Commerce of the Seller's or Buyer's country shall be a sufficient proof of such circumstances and their duration.
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Certificate _________________________ Issue _________________________ respective Chamber of Commerce _________________________ sufficient proof _________________________ duration
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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11. ARBITRATION All disputes and differences which may arise out of the present contract and/or in connection with it are to be referred for settlement to the Foreign Trade Arbitration Commission at the Russian Chamber of Commerce in Moscow in accordance with the Rules of Procedure of the said Commission the awards of which are final and binding upon both parties". Application to State Courts is excluded.
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ARBITRATION
disputes _________________________ differences _________________________ in accordance with _________________________ final awards _________________________ binding upon both parties _________________________ Application _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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12. OTHER CONDITIONS (1) Neither party is entitled to transfer their rights and obligations under the present contract to third person without a written consent thereto of the other party.
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OTHER CONDITIONS _________________________ Neither party _________________________ To be entitled to transfer their rights _________________________ written consent
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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(2)Any alterations and additions to the present contract will be valid only if made in writing and duly signed by both parties.
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alterations _________________________ be valid _________________________ duly
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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(3)After the signing of the present contract all preceding negotiations and correspondence pertaining to it become null and void.
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preceding negotiations _________________________
pertain to _________________________
become null and void.
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
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LEGAL ADDRESSES OF THE PARTIES Sellers Buyers
SELLER (Signature)
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LEGAL ADDRESSES OF THE PARTIES _________________________
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__________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ __________________________________________ |
На перевод ( только фразы выделенные серым! ) :
hereinafter referred to as the "Seller"
_______________________________________________________________________________________________________________
on the other part
_______________________________________________________________________________________________________________
have concluded the present contract whereby it is agreed as follows:
_______________________________________________________________________________________________________________
The Seller has sold and the Buyer has bought c.i.f. (f.o.b., f.o.r.) the goods
_______________________________________________________________________________________________________________
the enclosed appendix
_______________________________________________________________________________________________________________
constitute an integral part of the present contract
_______________________________________________________________________________________________________________
The prices are fixed in US Dollars
_______________________________________________________________________________________________________________
All expenses incurred on the territory of The Buyer are to be paid by the Buyer
_______________________________________________________________________________________________________________
duties, taxes, customs
_______________________________________________________________________________________________________________
The quality shall be in full conformity with the State standards
_______________________________________________________________________________________________________________
ruling at the manufacturing works
_______________________________________________________________________________________________________________
The quality shall be in full conformity with the State standards
_______________________________________________________________________________________________________________
ruling at the manufacturing works
_______________________________________________________________________________________________________________
within 2 months after the signing of the contract
_______________________________________________________________________________________________________________
The date of the Bill of Lading (or: Railway Bill) shall be considered as the date of delivery.
_______________________________________________________________________________________________________________
in respect of quantity—according to the number of cases
_______________________________________________________________________________________________________________
in respect of quality — according to the Manufacturer's certificate
_______________________________________________________________________________________________________________
Payment is to be effected in 10 days
_______________________________________________________________________________________________________________
irrevocable confirmed Letter of Credit to be opened with the Bank for Foreign Trade of Russia
_______________________________________________________________________________________________________________
in favour of the Seller
_______________________________________________________________________________________________________________
against the following documents:
_______________________________________________________________________________________________________________
All expenses are to be borne by the Buyer
_______________________________________________________________________________________________________________
Part shipment and transhipment are permitted
_______________________________________________________________________________________________________________