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DEFINITION
Location refers the location for the release of the Goods as set out in the Contract or as otherwise agreed in writing Involves the
(side B) and the (side A).
release
Where the (side B) or, as the case may be, whichever Beneficiary agrees in writing to accept release by installments the Contract
will be construed as a single contract in respect of each installment. Failure by the (side A) to deliver whichever one installment may
allow the (side B) or such Beneficiary at its option to treat the whole Contract as repudiated depending upon the circumstances of
the non-release, such option not to be unreasonably invoked.
PERFORMANCE MEASUREMENT
if the (side A) disputes whichever matter referred to in whichever Performance Notice and/or the proposed rebate of the Contract
Price, the (side A) may raise this objection with the (side B) or whichever Beneficiary.
LIMITATION LIABILITY
The Contract Price of the Goods under the Contract has been negotiated and agreed on the basis that the concern sides may limit
their liability to each other as set out in the Contract and the concern sides each confirm that they will themselves bear or insure
against whichever loss for which the other side has limited its liability under the Contract.
INSURANCE
The (side A) shall insure against its liability under Clause ____ with a minimum limit of indemnity of ____ per annum or such other
sum as may be agreed Involves the (side B) and the (side A) in writing.
VARIATION OF CONTRACT
Variations will take effect as from the date specified in the signed record of variation and is not have retrospective effect unless
expressly provided for in such record.
The Concern Parties agree to the abovementioned listed legal conditions. In witness whereof, the concern sides hereto set their
hands as of the date first written above.
(side A), signature & date (side B), signature & date
Date Date