Invoice/s in ....
Bill/s of Lading.
Certificate/s of Quality issued by the State Grain Inspection of Russia.
Insurance Policy/ies or Certificate/s of Ingosstrakh.
As soon as payment is effected the Bank for Foreign Trade of Russia will forward the documents to the Buyers' Bank.
The Sellers' Invoices shall be paid in full. Claims, if any, to be settled separately. The Buyers shall not make any deductions from invoice amounts without the Sellers' consent.
Should payment not be effected within 24 hours upon receipt by the Buyers' Bank of the cable from the Bank for Foreign Trade of Russia confirming receipt of Invoices, shipping and other documents, the Buyers shall pay the Sellers 0.005% of invoice amount for each day of the delay. All Bank expenses for collecting payments as well as Bank's commission to be for the Buyers' account.
7. OTHER CONDITIONS: ..................................................................
8.LEGAL ADDRESSES OF THE PARTIES: The Sellers — Exportno-Importnoje Objedinenije "Rossexport", Moscow G-200, Smolenskaja- Sennaja 32/34. the Buyers -…………………………
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The SELLERS The BUYERS (Signatures) (Signatures)
Some of the General Conditions of Sale
1. Everything which in a shipment of cereals is mixed with grains of the cereal contracted for is considered as foreign admixture.
Admixture of wheat grains in rye up to 5 (five) per cent,"admixture of wheat and rye grains in barley up to 5 (five) per cent, and admixture of wheat, rye and barley grains in oats up to 5 (five) per cent, shall not be considered as foreign admixture.
2. The Sellers shall be entitled to ship cereals with natural weight and foreign admixture superior or inferior to those stipulated in clause "Quality" of the present contract. Should the natural weight be superior or the contents of foreign admixture inferior, the Buyers pay to the Sellers a bonus to the contract price at the rate of 1 per cent, per each kilogram or each per cent, of difference respectively; should the natural weight be inferior or the contents of foreign admixture superior, the Sellers grant the Buyers an allowance at the rate of 1 per cent, of the contract price per each kilogram or each per cent, of difference respectively. Fractions to be counted pro rata.
Where the natural weight is guarantied by two figures (f.e. 78/79 kg per hectolitre), the computation will be made on the basis of the average of the two figures (78.5 kg per hectolitre).
Bonuses and allowances shall be computed according to the data given in the Certificates of Quality of the State Grain Inspection of Russia.
3. The date of the Bill of Lading shall be sufficient evidence of the date of shipment. The Bill of Lading may be marked "freight prepaid" or "freight to be paid by Charterers according to the Charter Party".
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6. A. The goods shall be considered as delivered by the Sellers and accepted by the Buyers with regard to the quantity according to weight stated in the Bill of Lading. The Bill of Lading weight shall be final and binding upon both parties.
B. The weight of the goods shall be ascertained at time of discharge. Both the Buyers and the Sellers have the right of supervision of the weighing.
The weight ascertained at time of discharge of the goods, including goods damaged by water, oil or other liquids or by any other means whatsoever, to be final. If the weight ascertained at discharge exceeds the weight indicated in the Bill/s of Lading, the surplus is to be paid for by the Buyers, whereas shortweight, if any, is to be refunded by the Sellers. Surpluses or shortweights to be settled on the basis of final invoices issued by the party in favour of which the final balance is to be paid.
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