【正文】
of paymentthe two parties shall open a l/c in favour of each a shall open,at regular intervals,longterm l/c in favour of party b to pay in install ments the entire cost of the machinery and its support sight l/c in favour of {arty a as a payment for the cost of the products to be delivered by party a shall pay for the total cost of the machinery and its supporting equipment with the sum of money which party b shall pay the products to be delivered by party a as a maketerm l/c is determined by the atrp payment on a monthmonth basis,and pay is off within a preriod of _________ years and payment shall start approximately _________ months after the first delivery of the machinery is principle,the sum to be paid per month shall be _________ percent of the total amount due to be paid for the machinery party a can make its payment ahead of schedule with a notice given to party b _________ months in the pensation period,party b shall open a l/c in favour of party b,covering the total amount,at sight,irrevocable,divisible and assignable,in accordance with the relevant provisions in the buysell contract on pensation 4 currency for pricingproducts provided by either party shall be priced in terms the items supplied by party b,including machinery,the required apparatus,accessories and spare parts shall be priced directly in terms of _________ above mentioned。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 9 liability for breacheither 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 makeup payment,or party a should fail to deliver the products for 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 10 performance guaranteeto guarantee the implementation of the contract,each party shall submit to the other a performance guarantee issued by a bank agreed by both guarantee bank of party a is bank of china,while that of party b is _________ 11 amendment of the contractwhen 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 12 force majeureeither 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 ,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 authority