【文章內(nèi)容簡介】
on its long term l/c and the down payment of party annual interest rate is agreed upon at _________%. article 6 technical service after arrival at the destination port,the machinery shall be assembled by party party a believes it is necessary ,party b shall send its technicians to provide onthespot instructions and other required technical assistance during the course of assembling. party b shall be liable for the losses incurred in the coures fo assembling as a result of technical default of its prat. after approval by both parties, party b shall send a group of technicians to china to faciliate the pletion of the project. the cost incurred in china shall be borne by party b. article 7 additional equipment in the course of implementing the contract if it is foun necessary that ,in addition to the machinery and accessories already listed in the provisions, some additional items of the equipment and measuring and testing apparatus are needed, an additional order shall be agreed upon through negotiation .the items thus added shall be incorporated in the contract. article 8 insurance after being delivered in china, the machinery and its supporting equipment shall be insured by party b. the unforeseen losses in connection with the equipment shall be indemnified for by the insurance pany first to the insurer (party b) in case the equepment has already been paid off for and thus transferred into party a’s a proportional part of the sum paid by the insurance pany shall be allotted to party a to cover the payment party a has already made for the items of equipment involved the losses. article 9 liability for breach either party shall be liable for a breach of contract in accordance with the provisions in the contract and shall indemnify for all the losses thus if party b should fail to make purchase of the products to be delivered by party a as make up payment , or party a should fail to deliver the products for pensation . in such case, the breaching party shall pay to the other a sum as a fine , which shall account for _________ % of the total cost the products in question. article 10 performance guarantee to guarantee the implementation of the contract, each party shall submit to the other a performance guarantee issued by a bank agreed by both parties. the guarantee bank of party a is bank of china, while that of party b is _________ bank. article 11 amendment of the contract when the contract needs to be amended in certain particular cases, the amendment can be effected only after it is agreed upon by both parties through consultation. article 12 force majeure either party shall not be held resposible for failure or delay to perform all or any part of the contract due to flood, fire earthquake , drought , war or any other events which coule not be predicted at the time of the conclusion of the contract, and could not be controlled, avoided or overe by the parties. however,the party effected by the event of force majeure shall inform the other party of its occurrence in written as soon as possible and thereafter send a certificate of the event issued by the relevant author