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Business Correspondence / 21-30 / block 24 EXPORT CONTRACTS 1.doc
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Focus 5. Fill in the gaps with prepositions/particles where necessary.

1.

The contract is made … Rosexport, Moscow, hereinafter referred … … the Sellers, … the one hand, and Oiltrade, hereinafter referred … … the Buyers, … the other hand.

2.

Payment … the goods sold … the present contract is to be effected … … an irrevocable LC to be opened … Buyers … the Bank … Foreign Trade … favour … Sellers … the value … each lot … the goods to be shipped.

3.

Should Buyers fail to open the LC … time, they are to pay Sellers a fine … each day … delay … the rate … 0.1% … the contract value … the goods.

4.

Sellers are not entitled to refuse to deliver the goods paid … the LC.

5.

… all the above cases demurrage and dead freight paid … Sellers … connection … the delay … opening … the LC are to be repaid … Buyers.

6.

Payment … … the LC is to be made … presentation … Sellers … the Bank … the following documents.

7.

The goods are considered to be delivered … Sellers and accepted … Buyers … respect … quantity as … weight indicated … the BL … conformity … the measurements … the shore tanks … the port … loading.

8.

The weight stated … the BL is to be considered final and binding … the parties … the contract.

9.

2 arbitration samples are to be handed … … the Master of the vessel … the port of unloading … Buyers’ representative.

10.

… case … dispute … quality … the goods … connection … divergence … the analyses … the arbitration samples, an analysis is to be made … a neutral laboratory agreed … … the parties.

11.

Sellers are to insure the goods … their account … usual marine risks … INGOSSTRAKH … accordance … Transport Insurance Rules … the amount … the invoice value … the goods.

12.

The goods may be insured … war risks … special request … Buyers and … Buyers’ expense.

13.

The Insurance Policy is to be made … … the name … Buyers.

14.

The Master of the vessel is to advise Buyers … the forthcoming arrival … the vessel … the port … discharge … 4 days … the arrival.

15.

Sellers have the right to substitute one tanker … another informing Buyers thereof … fax.

16.

… arrival of the tanker … the port … discharge, the Master is to give a written notice … the readiness … the tanker … discharge.

17.

The master is entitled to hand … the notice … any time .. day or night.

18.

The time … which discharging operations cannot be carried … due … technical conditions depending … the tanker is not to be included … the lay time.

19.

The demurrage is to be paid … the rate stipulated … the Charter Party … day.

20.

No claim shall be regarded … Buyers as a reason … rejecting the goods to be delivered … the contract.

21.

Should any circumstances … the control … the parties arise, the time stipulated … the fulfilment … the obligations shall be extended … the period equal … that … which such circumstances last.

22.

… this case neither party … the contract shall have the right to make a claim … the other party … compensation … any possible losses.

23.

Any dispute or difference which may arise … … or … connection … the contract shall be settled … the Arbitration Court … the Chamber … Commerce … Russia.

24.

Neither party is entitled to transfer its rights and obligations … the contract … a third party … the other party’s previous written consent.

25.

Discharging operations could not be carried … owing … circumstances which did not depend … the tanker.

26.

The Buyers presented a claim … the Sellers … non-conformity … the goods … the contract specification.

27.

All additions … the contract are to be made … writing and are to be duly signed … both parties.

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