Contract For Sale Of Goods Essays Examples

Fairfax, Virginia April 21st, 2015

Pink Cupcake Ltd, a limited liability company having its registered office at 24 Main Street, Fairfax, VA, duly represented by Executive Manager Mr. Frank McLeod, hereinafter referred to as “the Buyer”, on the one part, and
Brown Cow Dairy LLC, a limited liability company having its registered office at 13 East Road, Farmville, VA, duly represented by Managing Director Mr. Bart Snow, hereinafter referred to as “the Seller”, on the other part, the Buyer and the Seller together jointly also referred to as “the Parties” and each also as “the Party”, have concluded the present Contract on the following:
1. THE SUBJECT OF THE CONTRACT
1.1. Under and pursuant to this Contract the Seller shall sell, and the Buyer shall buy and accept dairy products, hereinafter referred to as “the Goods” on conditions stipulated herein.
1.2. The scope of the supply under the present Contract:
2. TERMS OF DELIVERY
2.1. The Seller is obliged to deliver the Goods within 3 (three) calendar days from the moment of signing by the Parties hereof.
2.2. The Goods are delivered on terms of DAP – 24 Main Street, Fairfax, VA (Incoterms 2010).
2.3. Transfer and acceptance of the Goods as for their quantity are carried out according to the accompanying documents: invoice, transport documents.
3. PAYMENT CONDITIONS
3.1. The full price of the Subject of the Contract is 503,22 US Dollars.
3.2. Payment for the Goods hereunder is made by the Buyer within 5 (five) bank days from the moment of receipt of the Goods.
3.3. Method of payment is bank transfer. The payment is made by the remittance of the funds to the Seller’s bank account. Payment currency is US Dollar.
4. ADDITIONAL PROVISIONS
4.1. The Seller guarantees the quality of the Goods delivered hereunder. The Seller undertakes to replace defective Goods within 3 (three) calendar days after receiving Buyer’s claim concerning the quality of the Goods.
4.2. All disputes and disagreements which may arise out of this Contract or in connection with it, where possible are to be settled by means of negotiations between the Parties.
4.3. Any amendments hereto will be valid only if made in writing and signed by both Parties.
In the WITNESS whereof the duly authorized representatives of the Parties hereto have signed this Contract on the day and year first written above.