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CommercialContract
ContractNo.:HKF20100125
Date:
PartyA:GoldgulfgeneraltradingLLC
PartyB:HKFertileTradingCo.Ltd.
Thetwosideshaveagreedofthetransactionsaccordingtothefollowingtermsandconditionssetforthasbelow:
1.Nameofcommodity,specification,quality,quantity,price,ect.
GoodsName
Type
Technical
Specifications
Quantity
Supplytime
FOB
UnitPrice(AED)
FOB
Amount(AED)
H-Steel
Beam
200*200*5.5*8mm*21.3kg/m
Q235GB/T-700
807.5set
2012.01
6,050
4,885,375
H-Steel
Beam
100*100*6*
8mmx
17.2kg/m
Q235GB/T-700
125.8set
2012.01
6,050
761,090
SquareTube
40*40*2
Q235GB/T-700
108T
2012.01
4,300
464,400
H-Steel
Column
150*100*
6*9mm*
21.1kg/m
BSEN-1090/BS9
70
269.8T
2012.01
6,050
1,632,290
Connector
V216
Q235GB/T-700
18,500set
2012.01
7.5
138,750
Amount:7,881,905AED
Inwords:sevenmillioneighthundredandeighty-onethousandninehundredandfiveonly.
.Termsofpayment
Aftersignedwithin7daysofpay30%ofcontractvalueasadvancepayment.
65%tobepaidwhengoodshavecompletedorderingandmanufactured,checkedquality,sameassample&quantitycrosscheck.
5%astheretention,theretentioncanbepaidafterthecompletionoftheprojectacceptanceinspectionbysupervisionandtheownerafteroneyearwarranty.
paymentbybanktransfer.
PartyBmustprovidetheoriginalCommercialinvoicetopartyA.
Qualitystandard:
ConformtotheBSandlocalacceptancestandard,satisfiestherequirementofsupervision.
.PackingandLoading
PartyBshallinaccordancewithpartyA'srequesttopackagingofthegoodsjheouterpackingindicatetheproductname,model.Everymajorlosscausedduetopoorpackingandtheresultingcostsshallbebornebypartyb,(Unlessitisaneventofforcemajeureofnaturaldisastersandman-made)
PartyBhastheresponsibilitytopackaccordingtotheeconomicoptimizationofpackagingsolutions,PackagingsolutionsneedtocommunicatewithpartyA'sconfirmation.
PartyBisresponsibleforpacking,loadingthegoods,costsbornebypartyB.
.Duration&placeofdelivery
Duration:aftersigningcontract180days,PartyBtoprepareallthematerialsandmeetthedeliveryandpackingconditions.Thecorrespondingpartyanecessaryinformationfortheexport,customsclearance,etc,PartyBshouldalsobesubmittedatthesametime.
Delivery:ThespecifieddeliveryportofpartyA,partyBberesponsibleforpackingandloading,thefreightshallbebornebypartyB.
Liabilityforbreachofcontract
IfbySeller'sdelayoftheproductiontimemaketheBuyerfailedperformthecontract,TheBuyerhastherighttocancelthiscontract,theSellershouldburdentheloss.
TheinspectionoftheBuyershouldbasedthestandardaswhichinitialmodelconfirmed.IftheSellercannotdeliverthegoodsontimeduetoothernon-humannaturalfactorsitwillbenotinthescopeoftheclaim.
.Thewaytoresolvecontractdisputes
Theimplementationofthiscontractdispute,resolvedthroughconsultationbybothparties,negotiationfails,BothsidesagreedtoappealtotheUAEJudicialCourt.
.Contractcopiesandeffect
Thecontractisdoneintwocopies.Eachofthepartiesshouldholdonecopy.Thecontractcomesintoforcefromthedateofsigningandofficialsealandterminatewhenthewarrantytermexpires.
Faxessignedandsealedbybothpartiesiseffective.Butthecopiesoffaxesareinvalid.
PartyA
PartyB
Companyname:GoldgulfgeneraltradingLLC
Companyname:HKFertileTradingCo.Ltd.
Add:1906-07Tameemhouse,Tecom,dubai,UAE
Add:l^/F,SanToiBuilding,137-139connaughtRoadCentral,HongKong
Legalrepresentative:
Legalrepresentative:
Tel:+0097143746769
Tel:+0085221393077
Fax:+0
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