Terms of cooperation

Standard Terms and Conditions of contract for the supply of goods

Subject matter and value of the contract.

1.1. The Seller undertakes to sell and the Buyer to accept and pay for the Goods. The Goods shall be delivered in the quantity and at the price specified in the relevant specification to this Agreement. The specifications shall contain accurate information about the name, quantity of the Goods, their price and delivery address. Specifications constitute an integral part of the contract. The payment term for the received Goods shall not exceed 3 (three) banking days from the date of delivery.

1.2. The total amount of the contract shall consist of the amounts of all specifications to this contract.

1.3. The Seller shall pay all bank fees for money transfer in the Seller’s country, and the Buyer shall pay all bank fees for money transfer in the Buyer’s country.

1.4. The Seller guarantees that the Goods will be of the proper quality and origin as stipulated by the contract.

Payment and delivery terms.

2.1. Payment for the Goods delivered under this contract is made by transferring money to the Seller’s bank account after delivery of the Goods to the Buyer. The payment is based on the invoice.

2.2. The Buyer undertakes to accept and pay for the Goods within 3 (three) banking days from the date of DAP delivery.

2.3. Goods under this contract shall be delivered on the terms and conditions as per Incoterms in force at the time of conclusion of the contract.

2.4. The Parties agreed that the ownership of the Goods shall be transferred from the Seller to the Buyer upon delivery of the Goods

2.5. Along with the Goods, the Seller shall provide the Buyer with the following documents:

– Invoice

– Contract.

– Specification

– CMR

– Quality certificate

– Phytosanitary certificate.

Terms of receipt of goods.

3.1. The Buyer receives the Goods on the following terms:

In terms of quantity — in accordance with the actual quantity of the Goods received by the Buyer.

In terms of quality — in accordance with the data given in the Specification.

3.2. If the content of the supporting documents and/or the specification matches, the Buyer, with the participation of the Seller’s representative, shall draw up the Acceptance Certificate.

3.3. Unloading of the Goods shall be carried out by the Buyer’s forces and means, on the day of delivery of the Goods.

3.4. The Goods acceptance certificate is drawn up in 2 copies: one for each of the parties.

3.5. If the Buyer does not provide any reasonable comments within 1 day from the date of delivery of the Goods, the Seller’s obligations under this contract shall be deemed to be fully fulfilled and subject to 100% payment.

Duties and liabilities of the Parties.

4.1. The Seller undertakes to transfer the Goods to the Buyer, and the Buyer accepts and pays for them.

4.2. The Buyer undertakes to accept and pay for the Goods within a period not exceeding 3 (three) banking days from the date of receipt of the Goods.

4.3. In case of payment delay, the Buyer undertakes to pay a penalty of 0.5% of the value of the goods for each day of delay.

4.4. Should the Buyer fail to meet the unloading deadlines, the Buyer shall pay to the Seller the excessive downtime of the transport in the amount of UAH 3000 in the contract currency at the National Bank of Ukraine rate for each day of such downtime.

4.5. The Seller has the right to refuse to deliver the unpaid Goods at its sole discretion. The Seller shall notify the Buyer of the refusal to deliver the unpaid Goods in writing to the address specified in the details of this contract.

Dispute resolution.

5.1 All disputes arising out of and in connection with this contract shall be resolved through negotiations. Should it be impossible to resolve disputes through negotiations, the dispute shall be considered in a court of competent jurisdiction at the Seller’s location.

Other terms and conditions.

6.1. The Parties agree that this contract, as well as documents related to this contract, will be sent by fax or e-mail, they recognise them as genuine and legally valid and valid until the original documents are replaced within 20 days.

6.2. This contract is made in two copies of equal legal force, one for each of the parties.

6.3. This contract shall enter into force from the date of its signing and shall remain in force until the Parties have fully performed their obligations.