Packing and Marking

Delivery Dates

Terms of Payment

Prices and Total Value

Subject of the Contract

CONTRACT № 123

Exercise 2 a) Read and translate the contract.

C) Give equivalents for the following word combinations.

B) Answer the following questions.

1. What is a contract intended for? 2. In which form can contract exist? 3. Is there a standard form for a contract? 4. What kinds of contracts according to the purpose do you know? 5. What are the main clauses of a contract? 6. Is it possible to change and supplement the clauses of the contract? 7. What does the subject clause of the contract describe?
8. What kinds of prices may be stated in a contract? 9. What does the Guarantee clause usually say? 10. Who is responsible for any breakage or damage of goods caused by improper packing? 11. Against what risks do businessmen insure goods? 12. Why does every contract contain a Force Majeure Clause? 13. When does a breach of contract take place?

Особливі умови контракту, вигода, компенсація, квазі-контракт, трудовий договір, договір на обслуговування, договір на виконання робіт «під ключ», договір на покупку на виплат, обов’язкові пункти контракту, одиниця виміру, тверда ціна, змінна ціна, умови доставки, пуско-наладочні роботи, у відповідності з документацією, за рахунок продавця, одержати компенсацію, урегулювання конфліктів, порушення договору, постраждала сторона, вимагати компенсацію збитків у судовому порядку, непередбачувана обставина.

Kharkiv, May 12, 2012 ABC RailTechnology hereinafter referred to as the ‘Sellers’, on the one part, and OrionRail hereinafter referred to as the ‘Buyers’ on the other part, have concluded the present Contract for the following:

The Sellers have sold and the Buyers have bought on conditions f.o.b. the following equipment: 50 high and medium-speed 4-stroke diesel engines.

2.1. The total value of the equipment, spare parts, tools, technical documentation and services under the present Contract amounts to € 193.7 million.

2.2. The prices are firm and subject to no alteration.

Payments are to be effected within 30 days of the date of receipt by the Buyers of the following documents for collection: Seller’s invoice and complete set of ‘clean-on-board’ Bills of Lading.

4.1. The equipment specified in Clause 1 of the Contract is to be delivered in parts with the consequent assembling on the manufacturing works of the Buyer within the period of two years beginning from the date of the Contract.

4.2. The delivery date is understood to be the date of the ‘clean-on-board’ Bill of Lading issued in the name of the Buyers.

5.1. The equipment is to be shipped in export packing.

5.2. The packing is to secure the full safety of the goods from any corrosion during its transportation.

5.3. The cases in which the equipment is packed are to be marked on three sides – on two opposite sides and on the top of the case.

5.4. The marking shall be clearly made with indelible paint both in English and in Ukrainian, stating as follows:

Contract №

Trans №

Case №

Net weight... kg

Gross weight... kg

Do not turn over!

Handle with care!

Дата добавления: 2014-12-23