Анна Фомичева - Белая Сторона ВЭД

terms and conditions of the Letter of Credit

6$%() $ .
("%6

%"$2 should correspond to the terms and conditions

!!')

(%%))()%)3 *("%6# !%$)'!); *("%6, of the Contract; the terms which are not
!%)%'2 $ 2" !"5.$2  !%$)'!), $ included in the Contract to be not inserted in
%"$2 2)3 !"5.$2  !!').

the Letter of Credit.
The Letter of Credit is to be available against

") ( !!') &'%%)(6 &'%) presentation of the following documents:
%!*#$)%:
1.

1. Full set of clean Bills of Lading issued in the

%"$%% !%#&"!) .()2, !%$%(#$)%, name of Buyer for shipment of the goods to

2&($$2, $ #6

%!*&)"6 $ %)'*!* destination.

)%'  #() $$.$6.

2. Invoice in triplicate.

2. .)  3-, 4!#&"6',.

3. Specification in triplicate stating Contract N,

3. &-+!-  3-, 4!#&"6', ( Numbers of shipped cases.
*!$#

$%#'

!%$)'!),

%)'*$$2, 60!%.

$%#'%
4.Quality Certificate issued by the Seller in

4. ')+!) % !.() )%', 2$$%% duplicate confirming that the quality of the
'%-%#



2-,

&%)'50%,
(%%))()*)
!%$)'!).



20

.)%

4!#&"6',, goods
!.()%

*("%6#

)%' corresponds to the terms of the present

$()%60% Contract.




5. (&(!  &%"*.$ "6 (. ( '*%# 5. Master Receipt confirming the receiving of
 #() $$.$6 4-, !%& !%$%(#$)  4 copies of non-negotiable Bill of Lading and
4-, !%& (&-+!- .

4 Copies of specification for delivery together
with the goods.

'%-

%6$

2/&'.("$$2 The Seller should submit the above-stated

%!*#$)2 &'16)3  $! "6 %&")2  documents to the Bank for payment within five
).$ &6) $ &%(" &%'*! )%'.

days after loading of the goods.

 ("*. $'*/$6 $$%% *("%6
'%- $() '(,%2 &% &'%"%$- Should the Seller fail to do this he is to bear the
expenses for prolongation of the Letter of

!!').

Credit.
8. !"#-

8. Claims

!"#-  %)$%/$ !%".() 

Claims in respect of the quantity in case of

("*. $*)')'$%
6"$2

$%(). #%*) 2)3 shortage inside the case may be submitted by

%!*&)"#

'%-*  ).$ the Buyer to the Seller within ten days and in

(6) $ ( #%#$) &%()*&"$6 )%'  respect of the quality of the goods in case of
#()% $$.$6,   %)$%/$ !.() non-conformity of same to that stipulated by the
)%'%



("*.

$(%%))()6 Contract - not ater than five days after the arrival

*()$%"$$%#* %%%'%# - $ &% &6) of the goods at the destination.
$ (% $6 ( #%#$) &%()*&"$6 )%'
 #()% $$.$6.

Contents and ground of the claim should be

%'$  %%($%$ '!"#- certified either by Expert's Report or by a
%"$% 2)3 &%)'$% "% !)%# Report made up with the participation of a
4!(&')2, "% !)%#, (%()"$$2# ( representative of an independent competent
*.()#

&'())"6 organization.

$$)'(%$$% %'$-.
'%- %6$ '((#%)')3 &%"*.$$*5 The Sellers should consider the received claim
'!"#-5  ).$ .)2'$-) $ , within fourteen days after the date of its receipt.
(.)6 ( )2 &%"*.$6. (" &% ().$ Should the Seller fail to reply to the claim after
*!$$%% ('%! %) '%- $ &%("*) the expiration of he said date the claim will be
%)), '!"#-6 (.))(6 &'$$$%
'%-%#.

considered as admitted by the Seller.
The Buyer has the right to require from the

%!*&)"3 #) &'% &%)'%)3 %) Seller to replace the rejected goods by the
'%- #$)3 '!%$$2



)%' goods of

21




)%'%# ,%'%/% !.().
(

)'$(&%')$2

(6$$2

(

+!)$%%



proper quality.

'*

'(,%2, All the transport and other expenses connected

&%()!%



%')%# with delivery and return of defective goods are

)%',

%&".5)(6 to be paid by the Seller.

'%-%#.
9.
')'

9. Arbitration

( (&%'2  '$%"(6, !%)%'2 #%*)

All disputes and differences which may arise

%$!$*)3  $()%60% !%$)'!) "  out of the present Contract or in connection
(6 ( $#, &%") '((#%)'$5, ( with the
(!"5.$# %'0$6 ()%'%$  %0

same are to be settled without application to

(*2,  ')'$%# (* &' %'%%- State courts by Arbitration Court at Chamber of
'%#2/"$$%

")  .

%(!  Commerce

and

Industry,

Moscow,

in

(%%))() ( '"# &'%%() " accordance with the Rules of procedure of the
 4)%# (*, '/$6 !%)%'%% 6"65)(6 said Court the
%!%$.)"3$2#



%6)"3$2#

"6

awards of which are final and binding upon

%, ()%'%$.

both Parties.

10. %'(-#%'

10. Force-majeure

'

$()*&"$

%()%6)"3()

Should any circumstances arise which prevent

$%#%$%() " .().$%% (&%"$$6 complete or partial fulfilment by any of the
"5%



()%'%$

%6)"3()

&% Parties of their respective obligations under the

$()%60#* !%$)'!)*,  #$$%: &%', present Contract, namely: fire, acts of God,
(), $2, () , % $2,
%$$2,

%&'-

"%!2,

war, military operations of any kind, blockade,

"5%%

&'0$

,'!)', prohibition of export or import or any other

4!(&%')

" circumstances beyond the control of the

#&%') " '*, $ (60, %) ()%'%$ Parties, the time stipulated for the fulfilment of
%()%6)"3(),

('%!

(&%"$$6 such obligations shall be extended

%6)"3()

%)%)(6

'#$,

).$



for the

(%'#'$% period equal to that during which such

!%)%'%%

**) circumstances will remain in force.

 ()%)3 )! %()%6)"3().

Should the above circumstances continue to be

(" 4) %()%6)"3() **) &'%%")3(6 in force for more than two months, each Party
%" *, #(6-, !6  ()%'%$ *) shall
#)3 &'% %)!)3(6 %) "3$ /%

have the right to refuse any further fulfilment

(&%"$$6 %6)"3() &% !%$)'!)*,   of the obligations under the Contract and in



22




4)%# ("*. $ %$  ()%'%$ $ *) --">