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Contract No 018.006
Blackville 20 , February 24
The company Blake Electronic Corporation, Blackville, .USA, represented by Mr J. P. Manson, General Manager, hereinafter referred to as the "Seller"
and
the company Jackson Ltd. Marketing, Reno, USA, represented by Mr L. C. Parker, Commerce Director, hereinafter referred to as the "Buyer", have concluded the present Contract to the effect that:
1. Subject of Contract
The Seller sells and the Buyer buys the goods indicated in the Specification (Enclosure N1), which is an integral part of this Contract. The goods should be delivered in accordance with Terms of Delivery.
2. Prices and Total Sum of Contract
2.1. The prices for the goods are in US dollars as indicated in the Specification amount to 55,879 for each set.
UNIT 15. CONTRACTS
Topical words and phrases
hereinafter -
to refer to
to conclude a contract -
subject
specification -
alteration -
to accept -
respect -
to insure -
to eliminate -
arbitration -
to dispute -
to entitle -
consent
CIF (cost, insurance and freight)
TEXT. Read and discuss the contract.
далі, нижче
посилатися на
укладати контракт
предмет, тема
специфікація
зміна, переробка
приймати
ставлення
страхувати
усувати (недоліки, помилки
тощо)
арбітраж, третейський суд
обговорювати
давати право на
згода, дозвіл
СІФ (вартість, страхування та
фрахт)
2.2. The total sum is $1-29,497 (one hundred twenty nine thousand four hundred
ninety seven).
2.3. The prices as per this Contract have been fixed firmly and are not subject
to alteration.
3. Terms of Delivery
4. Terms of Payment
The Buyer is obliged to make payment in US dollars. 100 per cent value of Contract is to be paid in advance to the Seller's Bank in 10 days from the date of the Contract's signing (as indicated in Enclosure N1).
5. Insurance
The Seller shall insure goods to be delivered on CIF terms against usual transport risks in accordance with the Insurance Agreement.
6. Guarantees'
6.1, The Seller guarantees the quality of the delivered goods for 36 months from
the date of putting the equipment into operation.
6.2. If during the guarantee period the equipment proves to be defective, the
Seller at his cost eliminates defects within the shortest possible time or replaces
the defective equipment.
7. Packing and Marking
Each set of the goods shall be packed and marked according to the Buyer's inquiry. Marking Information is the following:
1. Name of the consignee;
2. Name of the consignor;
9. Other Conditions
9.1. All amendments and alterations to-this Contract are valid only in written form and should be signed by both parties.