【正文】 　　 C. One (1) copy of Technical Documentation for relevant Contract Equipment。 　　 F. Case No./Bale No.。 　　 B. Shipping Mark。 countries. If the vessel has been in service for more than fifteen (15) years, old age vessel insurance shall be covered by the Seller at its own cost. 　　 Not later than _____ days before each shipment, the Seller shall notify the Buyer of the information including the name of the proposed vessel, age, nationality, the registered place, owner, shipping line, the shipping route and the estimated date of departure from Port of Shipment and the estimated date of arrival at Port of Unloading for approval. In case no written ment or disapproval is given within _____ days upon the Buyer39。 　　 F. Name, total gross weight and measurements of each piece exceeding twenty (20) metric tons in weight or 12 x x 3 meters in measurement。 　　 B. Date of readiness for the shipments。 　　 C. Two (2) copies of sight draft. 　　 If the Seller fails to submit the documents specified in Article in due time, all the costs thus incurred at the Port of Unloading including but not limited to storage expenses and overdue fine shall be borne by the Seller. 　　 In case the Seller is liable for paying the withholding taxes, liquidated damage and/or pensation under the Contract, the Buyer has the right to deduct such amount from any payment due. 　　 All the banking charges incurred in the Buyer39。 　　 B. Five (5) copies of manually signed mercial invoice indicating the amount to be paid and the portion related to license of patent and/or knowhow。s fax showing that the carrying vessel has been approved by the Buyer。 　　 F. Two (2) copies of sight draft。 　　 B. Two (2) originals and two (2) duplicate copies of ocean transportation insurance policy or certificate for 110% of the invoice value of Contract Equipment showing claims payable in China in Contract Currency and covering all risks, war risk and on deck risk if applicable。 　　 B. Five (5) copies of manually signed mercial invoice indicating the amount to be paid and the portion related to license of patent and/or knowhow。s Bank in favor of the Buyer covering__________(say__________only), specimen of which is specified in Appendix 11。s Bank in Contract Currency. 　　 The Buyer shall make the payment in the following method: 　　 Option One: 　　 The total Contract price shall be Paid by Telegraphic Transfer (T/T) according to the following installments and percentage upon presentation of the following documents. 　　 Option Two: 　　 The total Contract Price shall be paid by Documents against Payment (D/P) or Documents against Acceptance (D/A) according to the following installments and percentage upon presentation of the following documents. 　　 Option Three: 　　 The total Contract Price, except the advance payment and the Technical Service fee, shall be paid by Irrevocable Letter of Credit. The advance payment and the Technical Service fee shall be paid by Documents against Payment (D/P). The Buyer shall, within _____days after the Effective Date of the Contract, open an Irrevocable Letter of Credit, in favor of the Seller for thesaid amount. The Letter of Credit shall remain valid until__________. 　　 Advance Payment 　　 _____ Percent (_____%) of the price as specified in Article , , and , . (say_________only) shall be paid by the Buyer to the Seller within_____days after the following documents have been received and found in order: 　　 A. One (1) original and two (2) duplicate copies of the valid export license issued by relevant authorities of the Seller39。 　　 Fees for Technical Service: 　　 for technical service related to Contract Equipment。 　　 B. Price for spare parts。s Bank. 　　 Erection means the installation of the equipment, spare parts and materials including placing and connecting the parts to their positions according to the design drawing, details of which are specified in Appendix 10. 　　 Test Runs means the test conducted respectively on the individual equipment and a series of equipment after Erection in order to check the mechanical performance of Contract Equipment, details of which are specified in Appendix 10. 　　 Commissioning means the initial production of the Contract Plant for the purpose ofcarrying out the Performance Test after the utilities being connected and the raw materials being put into the Contract Plant, details of which are specified in Appendix 10. 　　 Performance Test means the tests conducted pursuant to Appendix 10, in order to identify whether the Contract Plant and the Contract Product have achieved the technical performance and guarantee indices specified in Appendix 3. 　　 Acceptance means the Buyer accepts the Contract Plant after it reaches the technical performance and guarantee indices specified in Appendix 3. 　　 1. 12 Port of Shipment and Unloading refers to____________________ port, as Port of Shipment。s Republic of China (hereinafter referred to as the Buyer), as one party and__________, a corporation organized and existing under the laws of __________ (hereinafter referred to as the Seller), as the other party, under the following terms and conditions: 　　Chapter 1 Definition 　　 In the Contract unless the context otherwise defines, 　　 Contact Equipment means the equipment, materials, spare parts or any part thereof supplied by the Seller including those with which Contract Products are produced, details of which are specified in Appendix 1 and 3 to the Contract. 　　 Contract Plant means the plant prised of Contract Equipment, Technology and the plete sets of auxiliary facilities, details as per Appendix 3 to the Contract. 　　 Contract Product means the products manufactured in the Contract Plant, the technical specifications, performance and guarantee indices of which are specified in Appendix 3. 　　 Contract Price means the sum payable to the Seller under the Contract for full and proper performance of its contractual obligation