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Памухина. АЯ для делового общения..doc
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4. Terms of Payment

Payment under this Contract shall be made in Dollars by a Letter of Credit which is to be opened by the Buyers with the Central Bank of... in the name of the Sellers within 30 days from the date of signing the present Contract.

The Letter of Credit is to be valid fori 80 days. Expenses connected with opening the L/C will be for the Buyers' account.

If there is a delay in opening the L/C the deliveries will be postponed accordingly.

Payment shall be made against presentation of the following documents:

  1. original and two copies of detailed invoice,

  2. two original clean Bills of Lading or truck way-bills issued in the name of the Buyers,

  3. packing lists in triplicate,

  4. test report or any other document showing that the equipment con­forms to the specifications,

  5. copy of the Sellers' letter about the dispatch of the technical doc­umentation to the Buyers in accordance with Clause 6 of this Contract.

5.1. If the Letter of Credit is delayed or/and opened for an improper amount the Buyer will pay the Seller a penalty of 0.1% of the Letter of Credit amount.

If the opening of the Letter of Credit is delayed for more than 5 days, the Seller has the right to cancel the delivery of the lot of the Goods to be paid for from the Letter of Credit.

  1. The Seller has the right to claim interest on the amounts delayed from payments due to the Seller in accordance with the present Contract.

  2. If the opening of the Letter of Credit is delayed the delivery period shall be extended accordingly.

  3. In case the delivery period stipulated in the present Contract is vio­lated, the Seller shall pay penalty to the Buyer.

  4. The penalty is estimated as 0.5% of the cost of delayed Goods for every complete week of delay, but it should not exceed 3% of the cost of the actually delayed Goods.

  5. The amount of the penalty can be neither increased nor decreased by arbitration.

  6. If the Goods arc delayed for more than 4 months, the Buyer has the right to cancel the Contract in full or in respect of its undelivered parts.

way-bill п авто-накладная

accordingly [a'kordinli] adv соответ­ственно

dispatch п отправка

presentation [,prez3n'teijan) п пред­ставление

in triplicate ['tnphkat] в трех экзем­плярах

to conform to соответствовать

improper [ип'ргврэ] зд. неправиль­ный

cancel ['kaensal] и расторгнуть, кан-целировать

to claim interest требовать уплаты процентов

extend [ik'stend] v продлевать

violate I'vaialeitJ v нарушать

decrease |di'kri:s| v снижать

in respect |n'spekt| of в отношении

as per в соответствии

total amount общая сумма

prices are understood цены подни­маются

truck n грузовик

all questions... are to be settled все вопросы должны решаться (глагол to be с последующим инфинитивом употребляется для выражения дол­женствования в соответствии с до­говоренностью, оговоренной пись­менно или устно)

to notify smb about the readiness of the goods известить кого-л. о го­товности товара

weight [weit) n вес

cargo n груз

transit ['traenzitl border место пере­сечения границы, пограничный пункт

30

31