Contract for Export of Auto Parts
This Contract (hereinafter referred to as the "Contract") is made and entered into on this [Insert Date] (the "Effective Date"), and between the following Parties:
[Insert Name of Seller], a pany organized and existing under the laws of [Insert Country of Seller], with its principal place of business located at [Insert Address of Seller] (hereinafter referred to as the "Seller"), and
汽车出口[Insert Name of Buyer], a pany organized and existing under the laws of [Insert Country of Buyer], with its principal place of business located at [Insert Address of Buyer] (hereinafter referred to as the "Buyer").
WHEREAS, the Seller is engaged in the business of manufacturing and supplying auto parts (hereinafter referred to as the "Products") and desires to export the Products to the Buyer;
WHEREAS, the Buyer desires to purchase the Products from the Seller for the purpose of resale or distribution;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contned herein, the Parties agree as follows:
1. Definitions
a. "Contract" refers to this agreement between the Seller and the Buyer for the export of auto parts.
b. "Products" refers to the auto parts to be sold and exported the Seller to the Buyer.
c. "Effective Date" refers to the date on which this Contract is executed both Parties.
d. "Delivery" refers to the transfer of the Products from the Seller to the Buyer in accordance with the terms of this Contract.
e. "Shipment" refers to the transportation of the Products from the Seller's premises to the Buyer's designated location.
f. "Inspection" refers to the examination of the Products the Buyer to ensure that they meet the agreed specifications and quality standards.
2. Product Description and Specifications
The Seller shall supply the Products as specified in the attached Schedule A (hereinafter referred to as the "Schedule A"). The Products shall conform to the specifications, standards, and quality requirements set forth in Schedule A.
3. Purchase Order and Acceptance
a. The Buyer shall issue a purchase order (hereinafter referred to as the "Purchase Order") to the Seller for the Products, specifying the quantity, description, and price of the Products.
b. The Seller shall acknowledge receipt of the Purchase Order and confirm the acceptance of the terms and conditions contned herein within five (5) business days from the date of receipt of the Purchase Order.
c. The Purchase Order shall be deemed accepted upon the Seller's confirmation.
4. Delivery and Shipment
a. The Seller shall deliver the Products to the Buyer's designated location within the agreed delivery period,
as specified in the Purchase Order.
b. The Seller shall be responsible for arranging the shipment of the Products to the Buyer's designated location, and all shipping costs and expenses shall be borne the Seller.
c. The risk of loss and to the Products shall pass to the Buyer upon Delivery.
5. Inspection and Acceptance
a. The Buyer shall have the right to inspect the Products upon Delivery to ensure that they meet the specifications and quality standards set forth in Schedule A.
b. If the Products fl to meet the agreed specifications and quality standards, the Buyer shall notify the Seller in writing within five (5) business days of Delivery. The Seller shall, at its own expense, promptly replace or repr the non-conforming Products, or refund the purchase price for such Products, at the Buyer's sole discretion.
6. Payment Terms
a. The Buyer shall make payment for the Products in accordance with the payment terms specified in the Purchase Order.
b. The payment shall be made wire transfer to the Seller's designated bank account, in the currency specified in the Purchase Order.
7. Warranties
a. The Seller warrants that the Products are free from any liens and encumbrances and that it has the full right, power, and authority to sell and export the Products to the Buyer.
b. The Seller warrants that the Products conform to the specifications and quality standards set forth in Schedule A.
8. Confidentiality
a. Both Parties agree to keep confidential and not disclose to any third party any confidential information obtned during the performance of this Contract, except as required law or with the prior written consent of the other Party.
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