Uco Sale Contract
Uco Sale Contract
Uco Sale Contract
SALES CONTRACT
The Seller agree to sell and the Buyer agree to buy the following goods according to the terms
and conditions set forth below:
2)- Packing:Flexitank
5)-Price: The unit price in U.S dollars per metric tonne, FOB Lianyungang, China, shall be
USD 660/mt without saybolt or any other test report cost.
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9)-Force Majeure: The Seller shall not be held responsible if they, owing to Force Majeure
cause or causes, fail to make delivery or to make delivery within the time stipulated above.
However, in such a case, the Seller shall inform the Buyer by fax immediately. At request of
the Buyer, the Seller shall send to the Buyer by registered letter a certificate attesting the
existence of such a cause or causes.
10)-Arbitration: All disputes in connection with this contract or the execution of this contract
shall be settled through negotiation. If no settlement can be reached, the case shall be
submitted to China International Economic and Trade Arbitration Commission in Beijing
(CIETAC) for arbitration. The award rendered by the arbitration board shall be final and
binding on both parties. The arbitration expenses shall be borne by the losing party unless
otherwise awarded by the board.
Seller: Buyer:
Signature Signature