Machexport Ltd.", Moscow, Russian F

Machexport Ltd.", Moscow, Ru
ssian Federation, hereinafter
referred to as the "Buyer", on the
one side, and Brown & Co, hereinafter
referred to as the "Seller", on the
other side, have concluded the present
Contract on the following:
CLAUSE 1. Subject
The Seller has sold and the Buyer has bought on f.o.b. terms 20
pumps model MP-3.
CLAUSE 2. Price and Total
Amount of the Contract
The price is ... per unit and the total amount of the Contract is ... .
The price is understood to be f.o.b. London including seaworthy
packing, marking, loading on board the ship and stowing. The price is
firm and not subject
to any alterations.
CLAUSE 3. Delivery Dates
The equipment indicated in Clause 1 of the present Contract is to
be delivered on the following dates:...
By the specified dates the equipment is to be manufactured in
accordance with the Contract conditions, tested, packed, marked and
delivered to the port of London.
The Seller may deliver the equipment prior to the stipulated dates
only if there is a written consent of the Buyer.
The date of the clean on board Bill
of Lading issued in the name of
the Buyer is considered to
be the date of delivery.
CLAUSE 4. Terms of Payment
Payment is to be made for collection in US dollars. The following
documents are to be presented to the Bank:
1. Invoice,
2. Clean on board Bill of lading,
3. Test Certificate,
4. Insurance Policy,
5. Packing List,
6. Export License.