Contract Number:
Date of Contract:
Parties:
1. Green Global International Company Limited, with registered address at 527 Rama 2 Road, Kwaeng Samae-dum, Khet Bang Khuntien, Bangkok, as the “Seller”; and
2. , with registered address at
, as the “Buyer”;
individually as the “Party” and together as the “Parties.”
Whereas:
1. The Seller is a Thai entity engaging in procurement, sale, agency, import, and export of products, and wishes to sell certain products as listed herein to the Buyer.
2. The Buyer wishes to buy certain products as listed herein from the Seller.
3. For the foregoing reasons and purposes, the Parties have agreed to enter into this Contract (hereinafter referred to as the “Contract”) to outline their respective rights and obligations.
Terms:
Clause 1 – Quotations and Products
a) The Parties agree that the prices of certain products may fluctuate due to market conditions. The Parties agree that the prices listed hereunder shall only be applicable and effective to the extent that the market conditions have not changed since the date of execution of this Contract. If the market conditions change and the market prices alter and affect negatively to the Seller, the Seller reserves the right to amend the prices, and the Buyer shall not dispute such amendment. In the case of such price change, the Parties shall immediately enter into a new Contract, which shall supersede and terminate this Contract. In any event, the Seller does not guarantee prices and shall not be liable for any price difference, fluctuation, or change, or any damages resulting therefrom.
b) The Seller shall sell to the Buyer the following products at their respective price as listed hereunder:
Product Quantity Unit Price Total Price Per
Product Remarks
Total Price:
Clause 2 – Payment Terms
a) The Buyer shall pay the Seller, via
, USD
, with the payment term of
.
Clause 3 – Shipping Terms
a) The shipping term shall be CIF .
b) The Seller shall, after having received due payment under Clause 2(a), procure shipment to the Buyer as soon as practicable.
c) Unless otherwise stated herein, all shipment decisions shall be made by the Seller, including with regard to packing, packaging, and identity of shipping agent, courier, carrier, clearance agent, insurer, etc.
d) The Seller shall provide the following documents to the Buyer after dispatch of shipment:
Clause 4 – Transfer of Ownership and Liability for Defects
a) The ownership in the products, regardless of possession, shall remain with the Seller, and shall only be transferred to the Buyer upon the receipt of last payment for the products from the Buyer.
b) The Seller agrees to sell products with qualities, characteristics, and specifications as listed in Clause 1(b). The Buyer shall inspect the products immediately upon arrival at the port of destination and shall inform the Seller of any defect immediately upon clearance. Any defect discovered thereafter shall not be liability of the Seller.
c) In case of fully proven product defect notified pursuant to Clause 4(b) above, the Seller’s liability shall be limited to return-and-refund, repair, or return-and-replacement of and for the products, at the sole option of the Seller.
The Parties fully understand the terms elaborated above and have executed this Contract as evidenced below:
For Seller For Buyer
Name:
Name:
Position:
Position:
Witness:
Witness:
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